How TC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Tabor College since 2013.

For that period, the average number of students who received grants aid/scholarships is 572, which is 87.56 % of all undergraduate students. 441 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $7,203.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	614 (87%)	$14,065	253 (36%)	$3,948	526 (75%)	$7,409
2014-15	628 (89%)	$30,363	240 (34%)	$3,734	521 (73%)	$7,333
2015-16	576 (84%)	$9,079	321 (47%)	$3,726	530 (77%)	$7,717
2016-17	551 (82%)	$14,452	289 (43%)	$3,812	526 (79%)	$7,599
2017-18	578 (81%)	$17,091	244 (34%)	$4,110	112 (16%)	$5,995
2018-19	553 (84%)	$18,392	250 (38%)	$4,158	470 (72%)	$6,796
2019-20	522 (95%)	$17,016	232 (42%)	$4,279	395 (72%)	$7,089
2020-21	559 (95%)	$18,157	225 (38%)	$4,481	401 (68%)	$6,336
2021-22	566 (91%)	$23,905	237 (38%)	$4,617	484 (78%)	$8,551
Average	572 (87.56%)	$18,058	255 (38.89%)	$4,096	441 (67.78%)	$7,203

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

Overview

For the last 10 years, on average, 155 (99.89 % of students) received grants or scholarships and its average amount is $19,426. It can cover 55.42% of tuition & fees ($35,050).

In addition, 109 (69.78 % of students) students get helped from the students loans (average amount : $6,200).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	159 (100%)	$14,382	114 (72%)	$6,569
2014-15	159 (100%)	$16,136	114 (72%)	$6,396
2015-16	150 (100%)	$17,356	113 (75%)	$6,377
2016-17	136 (100%)	$17,705	86 (63%)	$4,183
2017-18	148 (99%)	$17,557	39 (26%)	$6,558
2018-19	163 (100%)	$19,052	132 (81%)	$6,736
2019-20	128 (100%)	$21,300	104 (81%)	$6,599
2020-21	171 (100%)	$24,231	114 (67%)	$6,786
2021-22	183 (100%)	$27,113	166 (91%)	$5,593
Average	155 (99.89%)	$19,426	109 (69.78%)	$6,200

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 67 (43.44 % of students) received Pell (federal) grants and its average amount is $4,111.

In addition, 43 students received State/local government grants/scholarships (27.78 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	68 (43%)	$3,765	61 (38%)	$535	46 (29%)	$2,921	159 (100%)	$11,722
2014-15	61 (38%)	$3,729	61 (38%)	$812	44 (28%)	$2,815	159 (100%)	$13,616
2015-16	61 (41%)	$4,351	59 (39%)	$695	46 (31%)	$3,019	150 (100%)	$14,387
2016-17	60 (44%)	$3,910	50 (37%)	$510	38 (28%)	$2,855	136 (100%)	$14,994
2017-18	63 (42%)	$3,644	2 (1%)	$3,736	42 (28%)	$2,748	147 (99%)	$15,279
2018-19	63 (39%)	$4,101	1 (1%)	$3,752	46 (28%)	$2,712	163 (100%)	$16,678
2019-20	72 (56%)	$4,328	108 (84%)	$825	32 (25%)	$3,084	128 (100%)	$17,398
2020-21	77 (45%)	$4,645	50 (29%)	$1,064	38 (22%)	$3,559	171 (100%)	$21,038
2021-22	78 (43%)	$4,527	88 (48%)	$3,499	57 (31%)	$3,442	183 (100%)	$22,428
Average	67 (43.44%)	$4,111	53 (35.00%)	$1,714	43 (27.78%)	$3,017	155 (99.89%)	$16,393

^*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..

Student Loans

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, 109 (69.78 % of students) get any students loan help and its average loan amount is $109.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	114 (72%)	$6,569	114 (72%)	$5,802	9 (6%)	$9,716
2014-15	114 (72%)	$6,396	114 (72%)	$5,719	10 (6%)	$7,711
2015-16	113 (75%)	$6,377	113 (75%)	$5,471	8 (5%)	$12,801
2016-17	86 (63%)	$4,183	86 (63%)	$3,267	8 (6%)	$9,849
2017-18	39 (26%)	$6,558	27 (18%)	$3,093	15 (10%)	$11,485
2018-19	132 (81%)	$6,736	132 (81%)	$5,493	15 (9%)	$10,943
2019-20	104 (81%)	$6,599	93 (73%)	$5,992	12 (9%)	$10,749
2020-21	114 (67%)	$6,786	114 (67%)	$5,582	10 (6%)	$13,720
2021-22	166 (91%)	$5,593	165 (90%)	$5,142	9 (5%)	$8,886
Average	109 (69.78%)	$6,200	106 (67.89%)	$5,062	11 (6.89%)	$10,651

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Scholarships, Grants, and Loan Trends at TC

All Undergraduate Students Financial Aid Over Time

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