Scholarships, Grants, and Loan Trends at TU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 680, which is 80.44 % of all undergraduate students. 536 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,037.
For full-time, first-time beginning students (freshmen), 77.78% of students received grants or scholarships and 62% 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 University since 2013.
For that period, the average number of students who received grants aid/scholarships is 680, which is 80.44 % of all undergraduate students. 536 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,037.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14788 (89%)$5,986401 (45%)$3,665570 (64%)$8,171
2014-15787 (90%)$12,145401 (46%)$3,795569 (65%)$8,293
2015-16754 (94%)$12,592346 (43%)$4,471526 (65%)$8,293
2016-17705 (92%)$6,778345 (45%)$2,121476 (62%)$4,381
2017-18674 (60%)$3,804674 (60%)$1,062675 (60%)$8,379
2018-19375 (52%)$2,066327 (46%)$1,556418 (58%)$4,934
2019-20906 (96%)$2,349293 (31%)$2,203768 (81%)$2,577
2020-21567 (77%)$8,432305 (42%)$2,279399 (55%)$4,782
2021-22562 (74%)$3,885329 (43%)$2,468421 (55%)$4,526
Average680 (80.44%)$6,449380 (44.56%)$2,624536 (62.78%)$6,037

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

For the last 10 years, on average, 66 (77.78 % of students) received grants or scholarships and its average amount is $7,355. It can cover 63.19% of tuition & fees ($11,640).
In addition, 53 (62.00 % of students) students get helped from the students loans (average amount : $5,816).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1467 (96%)$8,60940 (57%)$6,753
2014-1585 (97%)$9,02657 (65%)$6,829
2015-16101 (95%)$7,93871 (67%)$6,823
2016-1773 (73%)$8,37938 (38%)$6,690
2017-1871 (93%)$9,85671 (93%)$8,559
2018-1971 (97%)$4,70344 (60%)$3,914
2019-2048 (54%)$6,28674 (83%)$3,312
2020-2129 (39%)$3,21929 (39%)$6,393
2021-2250 (56%)$8,17850 (56%)$3,067
Average66 (77.78%)$7,35553 (62.00%)$5,816
*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, 46 (53.56 % of students) received Pell (federal) grants and its average amount is $3,120.
In addition, 35 students received State/local government grants/scholarships (40.38 % 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
2013-1440 (57%)$4,08513 (19%)$51621 (30%)$1,75961 (87%)$6,062
2014-1545 (51%)$4,1049 (10%)$50031 (35%)$2,53780 (91%)$6,242
2015-1656 (53%)$3,62911 (10%)$50037 (35%)$2,26483 (78%)$6,137
2016-1773 (73%)$1,94312 (12%)$88153 (53%)$99673 (73%)$5,568
2017-1871 (93%)$2,17813 (17%)$96571 (93%)$97771 (93%)$6,525
2018-1932 (44%)$2,3695 (7%)$56425 (34%)$1,66261 (84%)$3,504
2019-2021 (24%)$4,0651 (1%)$1,00021 (24%)$6,18021 (24%)$4,076
2020-2128 (38%)$3,2981 (1%)$1,000----
2021-2244 (49%)$2,4088 (9%)$1,20417 (19%)$93150 (56%)$5,549
Average46 (53.56%)$3,1208 (9.56%)$79235 (40.38%)$2,16363 (73.25%)$5,458
*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, 53 (62.00 % of students) get any students loan help and its average loan amount is $53.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1440 (57%)$6,75340 (57%)$5,9034 (6%)$8,500
2014-1557 (65%)$6,82955 (63%)$6,2736 (7%)$7,376
2015-1671 (67%)$6,82366 (62%)$6,41410 (9%)$6,111
2016-1738 (38%)$6,69038 (38%)$6,690--
2017-1871 (93%)$8,55964 (84%)$6,22744 (58%)$4,753
2018-1944 (60%)$3,91444 (60%)$3,914--
2019-2074 (83%)$3,31274 (83%)$2,7868 (9%)$4,866
2020-2129 (39%)$6,39329 (39%)$6,393--
2021-2250 (56%)$3,06750 (56%)$2,9112 (2%)$3,915
Average53 (62.00%)$5,81651 (60.22%)$5,27912 (15.17%)$5,920
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