Scholarships, Grants, and Loan Trends at St Luke's

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 181, which is 76.44 % of all undergraduate students. 164 students which is 69.44% of undergraduate students received federal student loans and the average loan amount is $7,882.
For full-time, first-time beginning students (freshmen), 85.78% of students received grants or scholarships and 96% 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 St Luke's College since 2013.
For that period, the average number of students who received grants aid/scholarships is 181, which is 76.44 % of all undergraduate students. 164 students which is 69.44% of undergraduate students received federal student loans and the average loan amount is $7,882.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14121 (66%)$10,227119 (65%)$5,326155 (84%)$8,833
2014-15184 (72%)$6,394104 (41%)$4,020194 (76%)$9,684
2015-16147 (60%)$3,37396 (39%)$1,897161 (66%)$8,320
2016-17194 (75%)$5,04894 (36%)$3,167141 (54%)$7,460
2017-18197 (72%)$6,564106 (39%)$3,891225 (82%)$9,504
2018-19193 (71%)$5,01896 (35%)$3,868145 (53%)$9,343
2019-20229 (97%)$6,839112 (48%)$3,982164 (70%)$6,701
2020-21183 (87%)$3,70794 (45%)$2,138140 (66%)$3,751
2021-22178 (88%)$7,098108 (53%)$3,978149 (74%)$7,341
Average181 (76.44%)$6,030103 (44.56%)$3,585164 (69.44%)$7,882

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

For the last 10 years, on average, 4 (85.78 % of students) received grants or scholarships and its average amount is $6,740. It can cover 32.19% of tuition & fees ($20,940).
In addition, 5 (96.22 % of students) students get helped from the students loans (average amount : $7,473).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141 (100%)$3,2951 (100%)$5,500
2014-152 (67%)$4,2553 (100%)$13,843
2015-164 (67%)$6,2686 (100%)$6,250
2016-173 (75%)$4,6884 (100%)$6,750
2017-183 (100%)$6,3303 (100%)$6,333
2018-197 (88%)$9,1177 (88%)$8,878
2019-204 (100%)$8,0484 (100%)$7,250
2020-216 (75%)$9,9787 (88%)$8,286
2021-2210 (100%)$8,6829 (90%)$4,167
Average4 (85.78%)$6,7405 (96.22%)$7,473
*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, 2 (51.89 % of students) received Pell (federal) grants and its average amount is $3,402.
In addition, 4 students received State/local government grants/scholarships (56.13 % 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
2013-141 (100%)$2,295----1 (100%)$1,000
2014-152 (67%)$1,980--1 (33%)$4,550--
2015-162 (33%)$2,776--3 (50%)$5,3402 (33%)$1,750
2016-171 (25%)$1,665--1 (25%)$5,6503 (75%)$2,250
2017-182 (67%)$4,170--1 (33%)$5,6501 (33%)$5,000
2018-194 (50%)$3,6632 (25%)$5007 (88%)$6,0963 (38%)$1,833
2019-202 (50%)$3,845--3 (75%)$6,5003 (75%)$1,667
2020-212 (25%)$5,2701 (13%)$6506 (75%)$5,8853 (38%)$4,457
2021-225 (50%)$4,9574 (40%)$1,1317 (70%)$5,8585 (50%)$3,300
Average2 (51.89%)$3,4022 (26.00%)$7604 (56.13%)$5,6913 (55.25%)$2,657
*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, 5 (96.22 % of students) get any students loan help and its average loan amount is $5.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141 (100%)$5,5001 (100%)$5,500--
2014-153 (100%)$13,8433 (100%)$6,5001 (33%)$22,030
2015-166 (100%)$6,2506 (100%)$6,250--
2016-174 (100%)$6,7504 (100%)$6,750--
2017-183 (100%)$6,3333 (100%)$6,333--
2018-197 (88%)$8,8787 (88%)$6,0211 (13%)$20,000
2019-204 (100%)$7,2504 (100%)$7,250--
2020-217 (88%)$8,2867 (88%)$5,9291 (13%)$16,500
2021-229 (90%)$4,1679 (90%)$4,167--
Average5 (96.22%)$7,4735 (96.22%)$6,0781 (19.67%)$19,510
Most Searched Iowa Colleges (last 30 days)
Related Articles and Ads