Scholarships, Grants, and Loan Trends at Thomas Aquinas

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 283, which is 69.11 % of all undergraduate students. 290 students which is 70.89% of undergraduate students received federal student loans and the average loan amount is $4,690.
For full-time, first-time beginning students (freshmen), 65.89% of students received grants or scholarships and 75% 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 Thomas Aquinas College since 2013.
For that period, the average number of students who received grants aid/scholarships is 283, which is 69.11 % of all undergraduate students. 290 students which is 70.89% of undergraduate students received federal student loans and the average loan amount is $4,690.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14280 (77%)$15,798127 (35%)$4,129269 (73%)$4,228
2014-15273 (72%)$15,622134 (35%)$4,347273 (72%)$4,549
2015-16264 (70%)$14,792121 (32%)$4,288279 (74%)$4,730
2016-17256 (66%)$14,020109 (28%)$3,985278 (71%)$4,751
2017-18231 (62%)$13,30387 (24%)$4,496255 (69%)$4,790
2018-19245 (60%)$14,229104 (26%)$4,201288 (71%)$4,755
2019-20347 (79%)$11,348104 (24%)$4,314307 (70%)$4,735
2020-21348 (75%)$13,790103 (22%)$4,810328 (71%)$4,743
2021-22302 (61%)$13,457103 (21%)$5,085334 (67%)$4,927
Average283 (69.11%)$14,040110 (27.44%)$4,406290 (70.89%)$4,690

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

For the last 10 years, on average, 68 (65.89 % of students) received grants or scholarships and its average amount is $14,418. It can cover 50.24% of tuition & fees ($28,700).
In addition, 77 (75.33 % of students) students get helped from the students loans (average amount : $4,005).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1469 (78%)$15,94673 (83%)$3,770
2014-1555 (62%)$15,84664 (72%)$3,385
2015-1657 (72%)$14,84264 (81%)$3,871
2016-1751 (57%)$14,38369 (78%)$4,078
2017-1846 (51%)$15,04062 (69%)$4,326
2018-1974 (61%)$14,66596 (79%)$4,241
2019-2098 (84%)$10,85690 (77%)$4,166
2020-2188 (71%)$13,97390 (73%)$3,868
2021-2275 (57%)$14,21187 (66%)$4,338
Average68 (65.89%)$14,41877 (75.33%)$4,005
*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, 25 (25.33 % of students) received Pell (federal) grants and its average amount is $4,280.
In addition, 10 students received State/local government grants/scholarships (9.89 % 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
2013-1434 (39%)$3,822--11 (13%)$9,08469 (78%)$12,615
2014-1524 (27%)$4,328--12 (13%)$9,08453 (60%)$12,428
2015-1622 (28%)$4,402--6 (8%)$9,08454 (68%)$12,864
2016-1722 (25%)$3,772--11 (12%)$9,08449 (55%)$11,238
2017-1821 (23%)$4,320--9 (10%)$9,08445 (50%)$11,542
2018-1927 (22%)$4,284--14 (12%)$8,55570 (58%)$12,140
2019-2028 (24%)$3,97988 (75%)$55614 (12%)$8,55570 (60%)$11,197
2020-2127 (22%)$4,92587 (70%)$1,4635 (4%)$9,08470 (56%)$13,200
2021-2223 (18%)$4,688--6 (5%)$9,22073 (56%)$12,366
Average25 (25.33%)$4,28088 (72.50%)$1,01010 (9.89%)$8,98261 (60.11%)$12,177
*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, 77 (75.33 % of students) get any students loan help and its average loan amount is $77.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1473 (83%)$3,77067 (76%)$3,5098 (9%)$5,008
2014-1564 (72%)$3,38562 (70%)$3,3412 (2%)$4,750
2015-1664 (81%)$3,87160 (76%)$3,4826 (8%)$6,478
2016-1769 (78%)$4,07863 (71%)$3,5638 (9%)$7,111
2017-1862 (69%)$4,32658 (64%)$3,6387 (8%)$8,179
2018-1996 (79%)$4,24188 (73%)$3,62511 (9%)$8,011
2019-2090 (77%)$4,16685 (73%)$3,6477 (6%)$9,280
2020-2190 (73%)$3,86885 (69%)$3,5906 (5%)$7,167
2021-2287 (66%)$4,33876 (58%)$3,68414 (11%)$6,959
Average77 (75.33%)$4,00572 (70.00%)$3,5648 (7.44%)$6,994
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