Scholarships, Grants, and Loan Trends at St. Thomas

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,036, which is 46.56 % of all undergraduate students. 651 students which is 29.44% of undergraduate students received federal student loans and the average loan amount is $8,630.
For full-time, first-time beginning students (freshmen), 97.89% of students received grants or scholarships and 59% 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 University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,036, which is 46.56 % of all undergraduate students. 651 students which is 29.44% of undergraduate students received federal student loans and the average loan amount is $8,630.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14935 (90%)$14,936526 (51%)$4,500618 (60%)$10,722
2014-15874 (93%)$21,552440 (47%)$4,423547 (58%)$10,194
2015-16614 (19%)$15,413301 (9%)$4,580393 (12%)$11,260
2016-17789 (29%)$16,829417 (15%)$4,464487 (18%)$10,618
2017-18870 (30%)$19,791488 (17%)$5,214574 (20%)$7,983
2018-19925 (34%)$21,578546 (20%)$4,690524 (19%)$8,156
2019-201,247 (40%)$19,923744 (24%)$4,786793 (25%)$6,565
2020-211,445 (39%)$22,457835 (23%)$4,968899 (24%)$6,247
2021-221,627 (45%)$24,848986 (28%)$4,9191,026 (29%)$5,927
Average1,036 (46.56%)$19,703587 (26.00%)$4,727651 (29.44%)$8,630

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

For the last 10 years, on average, 289 (97.89 % of students) received grants or scholarships and its average amount is $20,444. It can cover 58.80% of tuition & fees ($34,770).
In addition, 182 (59.11 % of students) students get helped from the students loans (average amount : $7,545).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14184 (95%)$16,917111 (57%)$10,488
2014-15154 (95%)$16,11187 (54%)$10,178
2015-16189 (97%)$19,625119 (61%)$9,335
2016-17196 (100%)$18,33699 (51%)$6,587
2017-18224 (98%)$22,483134 (59%)$5,670
2018-19200 (97%)$24,13097 (47%)$7,654
2019-20462 (100%)$21,705313 (67%)$5,968
2020-21462 (99%)$22,021298 (64%)$6,215
2021-22530 (100%)$22,668384 (72%)$5,809
Average289 (97.89%)$20,444182 (59.11%)$7,545
*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, 177 (57.67 % of students) received Pell (federal) grants and its average amount is $4,865.
In addition, 223 students received State/local government grants/scholarships (73.00 % 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
2013-14116 (60%)$4,59945 (23%)$960120 (62%)$3,383180 (93%)$11,834
2014-1571 (44%)$4,52717 (10%)$95395 (59%)$3,789148 (91%)$12,051
2015-16105 (54%)$4,80240 (21%)$1,133151 (78%)$5,458182 (94%)$12,832
2016-17111 (57%)$4,66658 (30%)$1,128137 (70%)$3,766185 (94%)$13,484
2017-18125 (55%)$5,14658 (25%)$1,055159 (69%)$4,226216 (94%)$16,944
2018-19114 (55%)$5,06873 (35%)$784151 (73%)$4,550196 (95%)$17,878
2019-20312 (67%)$4,844347 (75%)$722418 (90%)$3,363456 (98%)$15,045
2020-21284 (61%)$5,086180 (38%)$1,547371 (79%)$3,496454 (97%)$15,757
2021-22352 (66%)$5,045230 (43%)$1,512407 (77%)$3,125525 (99%)$16,416
Average177 (57.67%)$4,865116 (33.33%)$1,088223 (73.00%)$3,906282 (95.00%)$14,693
*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, 182 (59.11 % of students) get any students loan help and its average loan amount is $182.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14111 (57%)$10,488111 (57%)$10,3652 (1%)$6,850
2014-1587 (54%)$10,17885 (52%)$9,3657 (4%)$12,785
2015-16119 (61%)$9,335119 (61%)$9,0992 (1%)$13,997
2016-1799 (51%)$6,58799 (51%)$6,587--
2017-18134 (59%)$5,670134 (59%)$5,670--
2018-1997 (47%)$7,65496 (47%)$7,3652 (1%)$17,700
2019-20313 (67%)$5,968310 (67%)$5,32417 (4%)$12,793
2020-21298 (64%)$6,215298 (64%)$5,50716 (3%)$13,176
2021-22384 (72%)$5,809380 (71%)$5,24320 (4%)$11,918
Average182 (59.11%)$7,545181 (58.78%)$7,1699 (2.57%)$12,746
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