Scholarships, Grants, and Loan Trends at The King's

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 294, which is 75.67 % of all undergraduate students. 211 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $7,547.
For full-time, first-time beginning students (freshmen), 84.56% of students received grants or scholarships and 49% 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 The King's University since 2013.
For that period, the average number of students who received grants aid/scholarships is 294, which is 75.67 % of all undergraduate students. 211 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $7,547.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14240 (65%)$2,931153 (41%)$3,304186 (50%)$7,032
2014-15335 (71%)$3,285215 (45%)$3,498278 (59%)$8,072
2015-16398 (74%)$3,256259 (48%)$3,515326 (60%)$7,945
2016-17364 (81%)$3,652190 (43%)$3,241241 (54%)$9,104
2017-18281 (70%)$3,343156 (39%)$3,636212 (53%)$5,029
2018-19269 (76%)$4,410161 (46%)$3,455197 (56%)$8,032
2019-20236 (75%)$3,558173 (55%)$3,188165 (52%)$7,315
2020-21252 (79%)$4,107121 (38%)$4,242148 (46%)$7,727
2021-22270 (90%)$4,892128 (43%)$4,117149 (50%)$7,671
Average294 (75.67%)$3,715173 (44.22%)$3,577211 (53.33%)$7,547

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

For the last 10 years, on average, 17 (84.56 % of students) received grants or scholarships and its average amount is $3,461. It can cover 27.73% of tuition & fees ($12,480).
In addition, 9 (48.78 % of students) students get helped from the students loans (average amount : $5,810).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1417 (68%)$3,40011 (44%)$5,459
2014-1526 (84%)$3,16616 (52%)$5,250
2015-1618 (67%)$3,55710 (37%)$5,125
2016-1723 (92%)$2,3148 (32%)$5,500
2017-1814 (93%)$2,9379 (60%)$8,027
2018-1917 (89%)$4,08312 (63%)$5,854
2019-2017 (89%)$3,8769 (47%)$5,169
2020-218 (89%)$2,9854 (44%)$5,813
2021-229 (90%)$4,8286 (60%)$6,094
Average17 (84.56%)$3,4619 (48.78%)$5,810
*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, 8 (36.33 % of students) received Pell (federal) grants and its average amount is $4,375.
In addition, 1 students received State/local government grants/scholarships (10.00 % 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
2013-1413 (52%)$4,0345 (20%)$272--5 (20%)$800
2014-1512 (39%)$3,9175 (16%)$257--20 (65%)$1,702
2015-169 (33%)$4,4044 (15%)$278--15 (56%)$1,553
2016-176 (24%)$2,862----23 (92%)$1,568
2017-185 (33%)$4,4603 (20%)$581--13 (87%)$1,313
2018-1912 (63%)$3,6792 (11%)$755--14 (74%)$1,696
2019-208 (42%)$4,1919 (47%)$874--16 (84%)$1,531
2020-211 (11%)$7,9322 (22%)$2,798--8 (89%)$1,294
2021-223 (30%)$3,8923 (30%)$1,3451 (10%)$10,0149 (90%)$1,970
Average8 (36.33%)$4,3754 (22.63%)$8951 (10.00%)$10,01414 (73.00%)$1,492
*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, 9 (48.78 % of students) get any students loan help and its average loan amount is $9.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (44%)$5,45911 (44%)$5,459--
2014-1516 (52%)$5,25016 (52%)$5,250--
2015-1610 (37%)$5,12510 (37%)$5,125--
2016-178 (32%)$5,5008 (32%)$5,500--
2017-189 (60%)$8,0279 (60%)$6,2551 (7%)$15,950
2018-1912 (63%)$5,85412 (63%)$5,854--
2019-209 (47%)$5,1699 (47%)$5,169--
2020-214 (44%)$5,8134 (44%)$5,813--
2021-226 (60%)$6,0946 (60%)$6,094--
Average9 (48.78%)$5,8109 (48.78%)$5,6131 (7.00%)$15,950
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