How OLLU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Our Lady of the Lake University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,285, which is 91.44 % of all undergraduate students. 1,015 students which is 71.89% of undergraduate students received federal student loans and the average loan amount is $7,492.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,368 (88%)	$14,080	908 (58%)	$4,289	1,221 (79%)	$8,211
2014-15	1,411 (88%)	$14,636	927 (58%)	$4,480	1,200 (75%)	$7,975
2015-16	1,387 (91%)	$15,076	883 (58%)	$4,384	1,161 (76%)	$7,669
2016-17	1,202 (89%)	$16,078	787 (58%)	$4,807	985 (73%)	$8,193
2017-18	1,234 (92%)	$17,862	825 (61%)	$4,538	992 (74%)	$7,611
2018-19	1,318 (93%)	$19,023	823 (58%)	$4,615	990 (70%)	$7,428
2019-20	1,275 (93%)	$20,445	791 (58%)	$4,711	939 (69%)	$6,977
2020-21	1,216 (94%)	$21,168	747 (58%)	$4,812	857 (66%)	$6,738
2021-22	1,156 (95%)	$21,874	697 (57%)	$4,848	788 (65%)	$6,627
Average	1,285 (91.44%)	$17,805	821 (58.22%)	$4,609	1,015 (71.89%)	$7,492

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 308 (99.22 % of students) received grants or scholarships and its average amount is $20,140. It can cover 63.48% of tuition & fees ($31,728).

In addition, 234 (75.11 % of students) students get helped from the students loans (average amount : $6,307).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	332 (99%)	$16,854	288 (86%)	$7,531
2014-15	353 (99%)	$18,238	288 (81%)	$6,848
2015-16	306 (100%)	$17,055	248 (81%)	$7,084
2016-17	208 (98%)	$18,814	159 (75%)	$6,245
2017-18	335 (99%)	$21,294	259 (77%)	$6,065
2018-19	371 (99%)	$21,670	269 (72%)	$5,928
2019-20	328 (99%)	$22,426	239 (72%)	$6,028
2020-21	295 (100%)	$21,561	197 (67%)	$5,487
2021-22	248 (100%)	$23,349	163 (65%)	$5,551
Average	308 (99.22%)	$20,140	234 (75.11%)	$6,307

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 201 (64.67 % of students) received Pell (federal) grants and its average amount is $4,866.

In addition, 232 students received State/local government grants/scholarships (74.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	229 (68%)	$4,529	121 (36%)	$986	254 (76%)	$3,802	332 (99%)	$10,462
2014-15	228 (64%)	$4,946	119 (33%)	$978	241 (68%)	$4,154	347 (97%)	$12,083
2015-16	207 (68%)	$4,478	102 (33%)	$1,147	232 (76%)	$3,953	306 (100%)	$10,647
2016-17	136 (64%)	$5,138	72 (34%)	$999	148 (69%)	$4,477	203 (95%)	$12,216
2017-18	219 (65%)	$4,933	131 (39%)	$906	274 (81%)	$4,131	335 (99%)	$14,336
2018-19	230 (62%)	$4,945	125 (34%)	$936	287 (77%)	$4,050	371 (99%)	$15,156
2019-20	211 (64%)	$5,051	257 (78%)	$762	270 (82%)	$3,971	328 (99%)	$15,311
2020-21	190 (64%)	$4,878	213 (72%)	$880	227 (77%)	$3,710	295 (100%)	$14,929
2021-22	157 (63%)	$4,900	218 (88%)	$2,937	151 (61%)	$3,706	245 (98%)	$15,597
Average	201 (64.67%)	$4,866	151 (49.67%)	$1,170	232 (74.11%)	$3,995	307 (98.44%)	$13,415

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 234 (75.11 % of students) get any students loan help and its average loan amount is $234.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	288 (86%)	$7,531	286 (85%)	$6,689	31 (9%)	$8,256
2014-15	288 (81%)	$6,848	286 (80%)	$6,613	16 (4%)	$5,051
2015-16	248 (81%)	$7,084	245 (80%)	$6,153	21 (7%)	$11,869
2016-17	159 (75%)	$6,245	158 (74%)	$6,177	1 (0%)	$17,000
2017-18	259 (77%)	$6,065	258 (77%)	$5,698	11 (3%)	$9,163
2018-19	269 (72%)	$5,928	269 (72%)	$5,556	10 (3%)	$9,993
2019-20	239 (72%)	$6,028	238 (72%)	$5,303	14 (4%)	$12,755
2020-21	197 (67%)	$5,487	196 (66%)	$5,087	8 (3%)	$10,475
2021-22	163 (65%)	$5,551	160 (64%)	$4,590	14 (6%)	$12,175
Average	234 (75.11%)	$6,307	233 (74.44%)	$5,763	14 (4.88%)	$10,749

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Scholarships, Grants, and Loan Trends at OLLU

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time