Scholarships, Grants, and Loan Trends at Paul Quinn

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 416, which is 96.33 % of all undergraduate students. 329 students which is 77.44% of undergraduate students received federal student loans and the average loan amount is $6,563.
For full-time, first-time beginning students (freshmen), 97.67% of students received grants or scholarships and 76% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Paul Quinn College since 2013.
For that period, the average number of students who received grants aid/scholarships is 416, which is 96.33 % of all undergraduate students. 329 students which is 77.44% of undergraduate students received federal student loans and the average loan amount is $6,563.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14205 (84%)$5,935183 (75%)$4,233190 (78%)$7,897
2014-15272 (100%)$7,631272 (100%)$4,079272 (100%)$7,086
2015-16424 (100%)$3,566325 (77%)$2,512250 (59%)$3,878
2016-17436 (100%)$7,604313 (72%)$5,399282 (65%)$6,993
2017-18487 (92%)$9,348420 (80%)$5,050411 (78%)$5,932
2018-19549 (100%)$5,673443 (81%)$4,998452 (82%)$6,494
2019-20542 (98%)$5,682439 (79%)$5,363443 (80%)$9,116
2020-21450 (96%)$13,523351 (75%)$6,054324 (69%)$5,003
2021-22382 (97%)$15,443292 (74%)$5,640337 (86%)$6,666
Average416 (96.33%)$8,267338 (79.22%)$4,814329 (77.44%)$6,563

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

For the last 10 years, on average, 113 (97.67 % of students) received grants or scholarships and its average amount is $7,623. It can cover 56.47% of tuition & fees ($13,498).
In addition, 83 (75.56 % of students) students get helped from the students loans (average amount : $3,782).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1447 (84%)$12,03442 (75%)$5,858
2014-1587 (99%)$8,95887 (99%)$5,971
2015-16166 (100%)$5,864113 (68%)$2,127
2016-17191 (100%)$5,41893 (49%)$3,780
2017-18147 (100%)$5,775118 (80%)$2,561
2018-19120 (99%)$5,07699 (82%)$2,685
2019-20145 (99%)$4,954115 (79%)$2,759
2020-2161 (100%)$8,37637 (61%)$3,114
2021-2253 (98%)$12,15047 (87%)$5,180
Average113 (97.67%)$7,62383 (75.56%)$3,782
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 99 (85.00 % of students) received Pell (federal) grants and its average amount is $3,941.
In addition, 48 students received State/local government grants/scholarships (45.56 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1443 (77%)$4,73929 (52%)$2,49514 (25%)$2,27543 (77%)$5,991
2014-1587 (99%)$4,36187 (99%)$1,69487 (99%)$1,15487 (99%)$1,748
2015-16153 (92%)$2,18426 (16%)$1,018132 (80%)$2,523124 (75%)$2,256
2016-17171 (90%)$3,23838 (20%)$1,38230 (16%)$2,784191 (100%)$1,806
2017-18120 (82%)$2,701109 (74%)$1,00821 (14%)$3,893144 (98%)$2,313
2018-19108 (89%)$3,00135 (29%)$1,05638 (31%)$3,15864 (53%)$2,000
2019-20124 (85%)$2,87532 (22%)$1,07038 (26%)$1,108111 (76%)$2,572
2020-2147 (77%)$5,65822 (36%)$7,31533 (54%)$1,99733 (54%)$550
2021-2240 (74%)$6,71040 (74%)$5,25035 (65%)$2,96736 (67%)$1,713
Average99 (85.00%)$3,94146 (46.89%)$2,47648 (45.56%)$2,42993 (77.67%)$2,328
*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..
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, 83 (75.56 % of students) get any students loan help and its average loan amount is $83.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1442 (75%)$5,85842 (75%)$5,858--
2014-1587 (99%)$5,97187 (99%)$5,971--
2015-16113 (68%)$2,127112 (67%)$2,1281 (1%)$2,000
2016-1793 (49%)$3,78093 (49%)$3,780--
2017-18118 (80%)$2,561118 (80%)$2,561--
2018-1999 (82%)$2,68599 (82%)$2,685--
2019-20115 (79%)$2,759115 (79%)$2,759--
2020-2137 (61%)$3,11437 (61%)$3,114--
2021-2247 (87%)$5,18047 (87%)$5,180--
Average83 (75.56%)$3,78283 (75.44%)$3,7821 (1.00%)$2,000
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