Scholarships, Grants, and Loan Trends at Pillar

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 377, which is 82.67 % of all undergraduate students. 272 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $7,948.
For full-time, first-time beginning students (freshmen), 87.89% of students received grants or scholarships and 45% 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 Pillar College since 2013.
For that period, the average number of students who received grants aid/scholarships is 377, which is 82.67 % of all undergraduate students. 272 students which is 58.89% of undergraduate students received federal student loans and the average loan amount is $7,948.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14443 (100%)$14,220308 (69%)$4,416325 (73%)$8,404
2014-15445 (93%)$15,982332 (69%)$4,412360 (75%)$8,157
2015-16426 (93%)$5,907321 (70%)$2,604291 (64%)$4,183
2016-17404 (77%)$11,634302 (58%)$4,999292 (56%)$9,381
2017-18383 (76%)$11,317306 (61%)$4,441278 (55%)$7,948
2018-19345 (68%)$12,276263 (52%)$5,066275 (54%)$9,484
2019-20312 (63%)$14,168259 (52%)$5,006232 (47%)$8,543
2020-21340 (84%)$12,560271 (67%)$4,635224 (55%)$7,584
2021-22296 (90%)$17,460224 (68%)$5,136169 (51%)$7,850
Average377 (82.67%)$12,836287 (62.89%)$4,524272 (58.89%)$7,948

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

For the last 10 years, on average, 52 (87.89 % of students) received grants or scholarships and its average amount is $12,849. It can cover 51.77% of tuition & fees ($24,820).
In addition, 30 (45.00 % of students) students get helped from the students loans (average amount : $6,948).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1453 (100%)$10,28933 (62%)$7,178
2014-15150 (100%)$11,241116 (77%)$7,683
2015-1631 (78%)$5,41113 (33%)$3,686
2016-1749 (100%)$13,15629 (59%)$8,089
2017-1829 (59%)$13,17013 (27%)$4,767
2018-1934 (81%)$17,15621 (50%)$8,096
2019-2041 (82%)$15,97216 (32%)$8,666
2020-2133 (100%)$15,64712 (36%)$8,430
2021-2251 (91%)$13,60316 (29%)$5,939
Average52 (87.89%)$12,84930 (45.00%)$6,948
*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, 44 (75.44 % of students) received Pell (federal) grants and its average amount is $4,952.
In addition, 32 students received State/local government grants/scholarships (54.33 % 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
2013-1447 (89%)$4,76121 (40%)$15436 (68%)$5,35946 (87%)$2,726
2014-15127 (85%)$4,75562 (41%)$17590 (60%)$7,075146 (97%)$2,977
2015-1621 (53%)$2,80710 (25%)$10110 (25%)$5,33028 (70%)$1,946
2016-1745 (92%)$5,02011 (22%)$38229 (59%)$9,12549 (100%)$3,059
2017-1826 (53%)$5,1117 (14%)$51420 (41%)$8,16126 (53%)$3,163
2018-1933 (79%)$6,03913 (31%)$48528 (67%)$9,85934 (81%)$2,990
2019-2036 (72%)$5,38214 (28%)$51628 (56%)$11,18041 (82%)$3,435
2020-2132 (97%)$5,4236 (18%)$20826 (79%)$8,81033 (100%)$3,410
2021-2233 (59%)$5,27420 (36%)$1,38819 (34%)$9,00248 (86%)$6,685
Average44 (75.44%)$4,95218 (28.33%)$43632 (54.33%)$8,21150 (84.00%)$3,377
*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, 30 (45.00 % of students) get any students loan help and its average loan amount is $30.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1433 (62%)$7,17833 (62%)$7,178--
2014-15116 (77%)$7,683116 (77%)$7,683--
2015-1613 (33%)$3,68613 (33%)$3,686--
2016-1729 (59%)$8,08929 (59%)$8,089--
2017-1813 (27%)$4,76713 (27%)$4,767--
2018-1921 (50%)$8,09621 (50%)$8,096--
2019-2016 (32%)$8,66616 (32%)$8,666--
2020-2112 (36%)$8,43012 (36%)$8,430--
2021-2216 (29%)$5,93916 (29%)$5,939--
Average30 (45.00%)$6,94830 (45.00%)$6,948--
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