Scholarships, Grants, and Loan Trends at Shepherds

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 54, which is 73.44 % of all undergraduate students. 28 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $7,240.
For full-time, first-time beginning students (freshmen), 71.22% of students received grants or scholarships and 38% 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 Shepherds College since 2013.
For that period, the average number of students who received grants aid/scholarships is 54, which is 73.44 % of all undergraduate students. 28 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $7,240.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1440 (68%)$14,30425 (42%)$5,11121 (36%)$9,160
2014-1515 (26%)$17,2079 (16%)$4,5439 (16%)$5,500
2015-1639 (71%)$18,10222 (40%)$5,68920 (36%)$7,638
2016-1755 (89%)$16,96026 (42%)$5,63221 (34%)$6,929
2017-1857 (88%)$20,41032 (49%)$5,48019 (29%)$7,605
2018-1968 (85%)$23,38738 (48%)$5,32842 (53%)$6,457
2019-2076 (80%)$24,15253 (56%)$5,48142 (44%)$7,123
2020-2168 (78%)$21,68136 (41%)$5,95338 (44%)$7,554
2021-2268 (76%)$22,87237 (42%)$5,69239 (44%)$7,192
Average54 (73.44%)$19,89731 (41.78%)$5,43428 (37.33%)$7,240

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

For the last 10 years, on average, 20 (71.22 % of students) received grants or scholarships and its average amount is $18,118. It can cover 11.53% of tuition & fees ($157,200).
In addition, 11 (38.11 % of students) students get helped from the students loans (average amount : $5,991).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149 (39%)$14,6476 (26%)$6,176
2014-1510 (50%)$10,1376 (30%)$5,500
2015-1616 (84%)$17,8089 (47%)$6,389
2016-1721 (78%)$15,7936 (22%)$5,833
2017-1823 (79%)$21,08611 (38%)$6,227
2018-1931 (86%)$24,01917 (47%)$5,807
2019-2027 (73%)$21,94114 (38%)$6,574
2020-2118 (69%)$14,34912 (46%)$5,442
2021-2229 (83%)$23,28417 (49%)$5,971
Average20 (71.22%)$18,11811 (38.11%)$5,991
*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, 11 (37.22 % of students) received Pell (federal) grants and its average amount is $5,339.
In addition, 9 students received State/local government grants/scholarships (25.71 % 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
2013-146 (26%)$5,637----8 (35%)$12,250
2014-154 (20%)$4,593----7 (35%)$11,857
2015-168 (42%)$5,5501 (5%)$1,0171 (5%)$30,00016 (84%)$13,094
2016-178 (30%)$5,2591 (4%)$1,0162 (7%)$20,76318 (67%)$13,725
2017-1817 (59%)$5,292--2 (7%)$27,50022 (76%)$15,455
2018-1916 (44%)$5,498--25 (69%)$14,19326 (72%)$11,608
2019-2017 (46%)$5,0834 (11%)$76312 (32%)$19,37324 (65%)$11,270
2020-215 (19%)$6,165--6 (23%)$15,41016 (62%)$8,438
2021-2217 (49%)$4,9774 (11%)$59113 (37%)$23,07624 (69%)$12,011
Average11 (37.22%)$5,3393 (7.75%)$8479 (25.71%)$21,47418 (62.78%)$12,190
*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, 11 (38.11 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-146 (26%)$6,1766 (26%)$6,176--
2014-156 (30%)$5,5006 (30%)$5,500--
2015-169 (47%)$6,3899 (47%)$6,389--
2016-176 (22%)$5,8336 (22%)$5,833--
2017-1811 (38%)$6,22711 (38%)$6,227--
2018-1917 (47%)$5,80717 (47%)$5,807--
2019-2014 (38%)$6,57414 (38%)$6,574--
2020-2112 (46%)$5,44212 (46%)$5,442--
2021-2217 (49%)$5,97117 (49%)$5,971--
Average11 (38.11%)$5,99111 (38.11%)$5,991--
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