Scholarships, Grants, and Loan Trends at Transylvania

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 979, which is 98.56 % of all undergraduate students. 572 students which is 57.56% of undergraduate students received federal student loans and the average loan amount is $6,647.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 61% 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 Transylvania University since 2013.
For that period, the average number of students who received grants aid/scholarships is 979, which is 98.56 % of all undergraduate students. 572 students which is 57.56% of undergraduate students received federal student loans and the average loan amount is $6,647.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,063 (98%)$20,498291 (27%)$4,041645 (60%)$6,967
2014-15991 (98%)$21,870241 (24%)$4,296580 (57%)$7,212
2015-161,040 (99%)$22,732250 (24%)$4,076604 (57%)$6,931
2016-17947 (98%)$23,156198 (21%)$4,018549 (57%)$6,676
2017-18950 (99%)$24,019222 (23%)$4,188565 (59%)$6,500
2018-19971 (98%)$25,130251 (25%)$4,347589 (60%)$6,352
2019-20938 (99%)$26,762243 (26%)$4,641572 (60%)$6,514
2020-21951 (99%)$29,485263 (28%)$4,730537 (56%)$6,404
2021-22964 (99%)$29,629251 (26%)$4,511508 (52%)$6,271
Average979 (98.56%)$24,809246 (24.89%)$4,316572 (57.56%)$6,647

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

For the last 10 years, on average, 278 (100.00 % of students) received grants or scholarships and its average amount is $25,242. It can cover 56.12% of tuition & fees ($44,980).
In addition, 169 (60.78 % of students) students get helped from the students loans (average amount : $7,305).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14289 (100%)$20,205174 (60%)$6,748
2014-15260 (100%)$22,238149 (57%)$7,188
2015-16308 (100%)$22,945193 (62%)$6,663
2016-17242 (100%)$21,960165 (68%)$6,401
2017-18282 (100%)$23,991183 (65%)$6,981
2018-19298 (100%)$26,418186 (62%)$8,042
2019-20268 (100%)$27,601175 (65%)$8,241
2020-21266 (100%)$30,467147 (55%)$8,115
2021-22286 (100%)$31,355153 (53%)$7,368
Average278 (100.00%)$25,242169 (60.78%)$7,305
*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, 72 (26.00 % of students) received Pell (federal) grants and its average amount is $4,201.
In addition, 209 students received State/local government grants/scholarships (75.00 % 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
2013-1465 (22%)$3,75140 (14%)$838206 (71%)$4,005289 (100%)$16,390
2014-1550 (19%)$4,33944 (17%)$1,762179 (69%)$4,067260 (100%)$18,306
2015-1670 (23%)$3,72959 (19%)$2,181230 (74%)$4,260308 (100%)$18,499
2016-1763 (26%)$4,15248 (20%)$865178 (74%)$4,157242 (100%)$17,650
2017-1880 (28%)$4,17954 (19%)$875212 (75%)$4,465282 (100%)$19,281
2018-1985 (29%)$4,53549 (16%)$867235 (79%)$4,588298 (100%)$21,364
2019-2079 (29%)$4,503247 (92%)$669202 (75%)$4,333268 (100%)$22,391
2020-2177 (29%)$4,501245 (92%)$1,952204 (77%)$4,293265 (100%)$24,165
2021-2282 (29%)$4,12152 (18%)$1,199231 (81%)$4,594286 (100%)$26,245
Average72 (26.00%)$4,20193 (34.11%)$1,245209 (75.00%)$4,307278 (100.00%)$20,477
*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, 169 (60.78 % of students) get any students loan help and its average loan amount is $169.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14174 (60%)$6,748174 (60%)$5,89811 (4%)$13,450
2014-15149 (57%)$7,188149 (57%)$6,06112 (5%)$14,000
2015-16193 (62%)$6,663193 (62%)$5,38822 (7%)$11,183
2016-17165 (68%)$6,401165 (68%)$5,38115 (6%)$11,225
2017-18183 (65%)$6,981182 (65%)$5,34725 (9%)$12,170
2018-19186 (62%)$8,042184 (62%)$5,48333 (11%)$14,757
2019-20175 (65%)$8,241172 (64%)$5,34332 (12%)$16,349
2020-21147 (55%)$8,115146 (55%)$5,29924 (9%)$17,474
2021-22153 (53%)$7,368152 (53%)$5,33119 (7%)$16,685
Average169 (60.78%)$7,305169 (60.67%)$5,50321 (7.78%)$14,144
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