How TMC'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 Thomas More University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,309, which is 72.78 % of all undergraduate students. 931 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $7,236.

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	1,108 (74%)	$20,116	377 (25%)	$4,130	808 (54%)	$8,018
2014-15	1,183 (79%)	$21,579	436 (29%)	$4,195	892 (59%)	$8,120
2015-16	1,208 (70%)	$21,678	446 (26%)	$4,017	892 (52%)	$7,702
2016-17	1,302 (71%)	$22,210	457 (25%)	$4,055	939 (52%)	$6,952
2017-18	1,261 (67%)	$18,485	498 (26%)	$4,226	952 (51%)	$7,008
2018-19	1,452 (71%)	$19,612	620 (30%)	$4,241	1,070 (52%)	$6,896
2019-20	1,385 (68%)	$20,178	527 (26%)	$4,211	996 (49%)	$6,818
2020-21	1,450 (77%)	$21,677	531 (28%)	$4,561	954 (50%)	$6,959
2021-22	1,433 (78%)	$23,139	501 (27%)	$4,647	878 (48%)	$6,648
Average	1,309 (72.78%)	$20,964	488 (26.89%)	$4,254	931 (51.89%)	$7,236

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

Overview

For the last 10 years, on average, 356 (99.33 % of students) received grants or scholarships and its average amount is $20,358. It can cover 54.07% of tuition & fees ($37,650).

In addition, 247 (69.44 % of students) students get helped from the students loans (average amount : $7,027).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	260 (98%)	$17,639	188 (71%)	$7,497
2014-15	271 (98%)	$19,214	219 (79%)	$7,302
2015-16	274 (99%)	$18,574	199 (72%)	$7,227
2016-17	412 (100%)	$18,675	296 (71%)	$6,964
2017-18	347 (99%)	$20,054	261 (75%)	$6,554
2018-19	484 (100%)	$20,867	336 (69%)	$6,938
2019-20	366 (100%)	$21,027	242 (66%)	$7,213
2020-21	405 (100%)	$23,335	246 (61%)	$6,747
2021-22	384 (100%)	$23,834	233 (61%)	$6,805
Average	356 (99.33%)	$20,358	247 (69.44%)	$7,027

^*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, 142 (39.56 % of students) received Pell (federal) grants and its average amount is $4,321.

In addition, 195 students received State/local government grants/scholarships (53.44 % 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	93 (35%)	$4,182	56 (21%)	$698	119 (45%)	$3,032	258 (98%)	$14,718
2014-15	116 (42%)	$4,356	64 (23%)	$570	128 (46%)	$3,849	267 (97%)	$15,628
2015-16	111 (40%)	$4,106	56 (20%)	$767	134 (49%)	$3,976	271 (98%)	$14,974
2016-17	157 (38%)	$3,954	79 (19%)	$697	224 (54%)	$3,825	409 (99%)	$15,065
2017-18	162 (46%)	$4,392	46 (13%)	$701	204 (58%)	$4,072	347 (99%)	$15,516
2018-19	218 (45%)	$4,393	82 (17%)	$459	282 (58%)	$4,289	484 (100%)	$16,312
2019-20	128 (35%)	$4,301	75 (20%)	$610	203 (55%)	$3,872	364 (99%)	$17,345
2020-21	157 (39%)	$4,538	328 (81%)	$789	253 (62%)	$4,128	404 (100%)	$18,404
2021-22	137 (36%)	$4,666	40 (10%)	$645	209 (54%)	$3,987	383 (100%)	$19,984
Average	142 (39.56%)	$4,321	92 (24.89%)	$660	195 (53.44%)	$3,892	354 (98.89%)	$16,438

^*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, 247 (69.44 % of students) get any students loan help and its average loan amount is $247.

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	188 (71%)	$7,497	187 (71%)	$6,378	27 (10%)	$8,027
2014-15	219 (79%)	$7,302	218 (79%)	$6,161	28 (10%)	$9,148
2015-16	199 (72%)	$7,227	196 (71%)	$5,856	28 (10%)	$10,374
2016-17	296 (71%)	$6,964	294 (71%)	$5,562	36 (9%)	$11,839
2017-18	261 (75%)	$6,554	259 (74%)	$5,454	29 (8%)	$10,274
2018-19	336 (69%)	$6,938	328 (68%)	$5,662	37 (8%)	$12,812
2019-20	242 (66%)	$7,213	241 (66%)	$5,453	41 (11%)	$10,521
2020-21	246 (61%)	$6,747	240 (59%)	$5,642	32 (8%)	$9,553
2021-22	233 (61%)	$6,805	228 (59%)	$5,421	46 (12%)	$7,601
Average	247 (69.44%)	$7,027	243 (68.67%)	$5,732	34 (9.56%)	$10,017

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Scholarships, Grants, and Loan Trends at TMC

All Undergraduate Students Financial Aid Over Time

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