Scholarships, Grants, and Loan Trends at STAC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,181, which is 67.11 % of all undergraduate students. 676 students which is 38.33% of undergraduate students received federal student loans and the average loan amount is $8,351.
For full-time, first-time beginning students (freshmen), 98.00% of students received grants or scholarships and 63% 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. Thomas Aquinas College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,181, which is 67.11 % of all undergraduate students. 676 students which is 38.33% of undergraduate students received federal student loans and the average loan amount is $8,351.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,218 (68%)$14,651448 (25%)$4,251849 (47%)$6,856
2014-151,158 (65%)$15,564419 (24%)$4,221749 (42%)$7,059
2015-161,184 (70%)$16,592413 (24%)$4,358695 (41%)$6,872
2016-171,189 (69%)$16,926421 (24%)$4,355725 (42%)$6,810
2017-181,176 (66%)$18,499391 (22%)$4,689671 (38%)$11,809
2018-191,279 (69%)$18,605408 (22%)$4,672684 (37%)$11,651
2019-201,232 (69%)$20,269411 (23%)$4,551644 (36%)$11,634
2020-211,091 (68%)$23,035355 (22%)$4,963550 (34%)$6,497
2021-221,101 (60%)$25,244350 (19%)$4,817513 (28%)$5,975
Average1,181 (67.11%)$18,821402 (22.78%)$4,542676 (38.33%)$8,351

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

For the last 10 years, on average, 251 (98.00 % of students) received grants or scholarships and its average amount is $23,827. It can cover 63.17% of tuition & fees ($37,720).
In addition, 162 (62.56 % of students) students get helped from the students loans (average amount : $7,630).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14328 (99%)$18,008238 (72%)$6,894
2014-15225 (97%)$19,703145 (62%)$7,381
2015-16261 (96%)$20,905179 (66%)$7,176
2016-17242 (95%)$22,683180 (71%)$8,460
2017-18238 (97%)$24,126175 (71%)$7,601
2018-19268 (99%)$24,501162 (60%)$8,935
2019-20240 (99%)$25,541135 (56%)$9,608
2020-21228 (100%)$29,267118 (52%)$6,263
2021-22231 (100%)$29,710123 (53%)$6,349
Average251 (98.00%)$23,827162 (62.56%)$7,630
*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, 93 (36.22 % of students) received Pell (federal) grants and its average amount is $4,769.
In addition, 92 students received State/local government grants/scholarships (35.22 % 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
2013-14124 (37%)$4,57726 (8%)$981154 (46%)$3,549202 (61%)$23,598
2014-1576 (33%)$4,68815 (6%)$1,00086 (37%)$4,371224 (96%)$16,456
2015-1699 (36%)$4,68216 (6%)$938108 (40%)$3,876261 (96%)$17,467
2016-17101 (40%)$4,69517 (7%)$1,00087 (34%)$4,433242 (95%)$19,060
2017-1890 (37%)$4,75322 (9%)$95591 (37%)$4,462238 (97%)$20,534
2018-1998 (36%)$4,26622 (8%)$1,11492 (34%)$4,398268 (99%)$21,340
2019-2097 (40%)$4,78313 (5%)$92369 (28%)$3,821240 (99%)$22,459
2020-2177 (34%)$5,40624 (11%)$2,47776 (33%)$3,907227 (100%)$25,992
2021-2276 (33%)$5,06933 (14%)$4,31564 (28%)$4,690231 (100%)$26,126
Average93 (36.22%)$4,76921 (8.22%)$1,52392 (35.22%)$4,167237 (93.67%)$21,448
*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, 162 (62.56 % of students) get any students loan help and its average loan amount is $162.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14238 (72%)$6,894237 (71%)$5,78918 (5%)$14,931
2014-15145 (62%)$7,381143 (61%)$5,94116 (7%)$13,792
2015-16179 (66%)$7,176179 (66%)$5,88315 (6%)$15,424
2016-17180 (71%)$8,460180 (71%)$7,00420 (8%)$13,106
2017-18175 (71%)$7,601175 (71%)$6,33917 (7%)$12,990
2018-19162 (60%)$8,935162 (60%)$6,87024 (9%)$13,937
2019-20135 (56%)$9,608135 (56%)$7,33520 (8%)$15,340
2020-21118 (52%)$6,263116 (51%)$5,4629 (4%)$11,711
2021-22123 (53%)$6,349119 (52%)$4,75114 (6%)$15,394
Average162 (62.56%)$7,630161 (62.11%)$6,15317 (6.67%)$14,069
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