How Taylor'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 Taylor University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,783, which is 84.89 % of all undergraduate students. 895 students which is 42.56% of undergraduate students received federal student loans and the average loan amount is $6,399.

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	1,772 (83%)	$13,852	387 (18%)	$4,010	965 (45%)	$6,738
2014-15	1,771 (84%)	$14,546	370 (18%)	$4,074	959 (46%)	$6,732
2015-16	1,821 (86%)	$15,771	380 (18%)	$3,990	984 (46%)	$6,723
2016-17	1,796 (84%)	$17,066	354 (17%)	$4,066	927 (44%)	$6,770
2017-18	1,809 (86%)	$18,931	381 (18%)	$4,307	914 (43%)	$6,552
2018-19	1,855 (86%)	$20,363	365 (17%)	$4,430	908 (42%)	$6,076
2019-20	1,802 (84%)	$21,899	366 (17%)	$4,474	894 (42%)	$5,986
2020-21	1,739 (84%)	$23,577	298 (14%)	$4,670	792 (38%)	$6,001
2021-22	1,685 (87%)	$23,455	278 (14%)	$4,851	710 (37%)	$6,017
Average	1,783 (84.89%)	$18,829	353 (16.78%)	$4,319	895 (42.56%)	$6,399

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

Overview

For the last 10 years, on average, 456 (98.44 % of students) received grants or scholarships and its average amount is $19,087. It can cover 48.81% of tuition & fees ($39,104).

In addition, 232 (49.78 % of students) students get helped from the students loans (average amount : $7,180).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	458 (100%)	$13,937	245 (53%)	$7,154
2014-15	431 (100%)	$14,226	234 (54%)	$7,192
2015-16	515 (99%)	$16,489	272 (52%)	$7,117
2016-17	464 (98%)	$17,726	240 (51%)	$7,475
2017-18	437 (98%)	$19,838	220 (49%)	$6,410
2018-19	523 (98%)	$20,488	267 (50%)	$7,222
2019-20	487 (99%)	$22,688	263 (54%)	$7,153
2020-21	400 (96%)	$23,084	181 (44%)	$7,370
2021-22	390 (98%)	$23,303	165 (41%)	$7,530
Average	456 (98.44%)	$19,087	232 (49.78%)	$7,180

^*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, 92 (19.67 % of students) received Pell (federal) grants and its average amount is $4,351.

In addition, 59 students received State/local government grants/scholarships (12.56 % 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	94 (20%)	$4,486	27 (6%)	$3,974	48 (10%)	$5,238	457 (100%)	$12,259
2014-15	87 (20%)	$3,928	19 (4%)	$3,895	36 (8%)	$5,398	431 (100%)	$12,810
2015-16	98 (19%)	$4,097	52 (10%)	$1,471	56 (11%)	$6,221	513 (99%)	$14,942
2016-17	93 (20%)	$4,063	49 (10%)	$1,902	47 (10%)	$5,664	463 (98%)	$16,172
2017-18	100 (22%)	$4,277	34 (8%)	$1,860	76 (17%)	$6,956	437 (98%)	$17,505
2018-19	108 (20%)	$4,305	48 (9%)	$1,979	80 (15%)	$6,389	522 (98%)	$18,476
2019-20	108 (22%)	$4,576	89 (18%)	$1,197	80 (16%)	$7,060	487 (99%)	$20,295
2020-21	65 (16%)	$4,581	387 (93%)	$838	50 (12%)	$6,876	399 (96%)	$20,721
2021-22	71 (18%)	$4,843	27 (7%)	$2,630	56 (14%)	$7,481	390 (98%)	$21,165
Average	92 (19.67%)	$4,351	81 (18.33%)	$2,194	59 (12.56%)	$6,365	455 (98.44%)	$17,149

^*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, 232 (49.78 % of students) get any students loan help and its average loan amount is $232.

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	245 (53%)	$7,154	244 (53%)	$6,099	19 (4%)	$13,936
2014-15	234 (54%)	$7,192	234 (54%)	$6,275	17 (4%)	$12,625
2015-16	272 (52%)	$7,117	270 (52%)	$6,138	23 (4%)	$12,109
2016-17	240 (51%)	$7,475	238 (50%)	$6,107	22 (5%)	$15,475
2017-18	220 (49%)	$6,410	219 (49%)	$5,660	13 (3%)	$13,138
2018-19	267 (50%)	$7,222	263 (50%)	$5,072	153 (29%)	$3,886
2019-20	263 (54%)	$7,153	259 (53%)	$5,061	145 (30%)	$3,934
2020-21	181 (44%)	$7,370	179 (43%)	$4,988	95 (23%)	$4,642
2021-22	165 (41%)	$7,530	159 (40%)	$5,001	81 (20%)	$5,521
Average	232 (49.78%)	$7,180	229 (49.33%)	$5,600	63 (13.56%)	$9,474

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Scholarships, Grants, and Loan Trends at Taylor

All Undergraduate Students Financial Aid Over Time

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