Scholarships, Grants, and Loan Trends at Trevecca Nazarene

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 1,607, which is 81.70 % of all undergraduate students. 997 students which is 50.80% of undergraduate students received federal student loans and the average loan amount is $7,173.
For full-time, first-time beginning students (freshmen), 99.60% of students received grants or scholarships and 56% 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 Trevecca Nazarene University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,607, which is 81.70 % of all undergraduate students. 997 students which is 50.80% of undergraduate students received federal student loans and the average loan amount is $7,173.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,278 (86%)$12,351603 (40%)$3,6441,017 (68%)$7,918
2014-151,286 (77%)$14,002555 (33%)$4,114897 (53%)$7,835
2015-161,457 (80%)$13,789626 (34%)$3,976894 (49%)$7,209
2016-171,649 (79%)$13,466734 (35%)$3,9261,139 (54%)$7,463
2017-181,656 (78%)$14,945798 (38%)$4,1101,121 (53%)$7,543
2018-191,820 (79%)$14,568842 (36%)$4,2061,189 (51%)$7,029
2019-201,847 (79%)$14,910794 (34%)$4,1981,142 (49%)$6,844
2020-211,750 (83%)$15,757705 (34%)$4,452981 (47%)$6,718
2021-221,664 (87%)$17,414638 (33%)$4,385828 (43%)$6,496
2022-231,664 (89%)$18,508569 (30%)$4,966764 (41%)$6,678
Average1,607 (81.70%)$14,971686 (34.70%)$4,198997 (50.80%)$7,173

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

For the last 11 years, on average, 360 (99.60 % of students) received grants or scholarships and its average amount is $18,266. It can cover 60.70% of tuition & fees ($30,090).
In addition, 196 (55.70 % of students) students get helped from the students loans (average amount : $6,509).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14241 (98%)$15,102219 (89%)$6,704
2014-15317 (100%)$17,046198 (62%)$6,946
2015-16347 (98%)$16,484209 (59%)$6,815
2016-17395 (100%)$16,159225 (57%)$7,176
2017-18400 (100%)$17,396226 (56%)$6,848
2018-19365 (100%)$18,925198 (54%)$6,019
2019-20392 (100%)$17,988200 (51%)$6,580
2020-21350 (100%)$19,966163 (47%)$6,105
2021-22425 (100%)$21,013184 (43%)$5,558
2022-23365 (100%)$22,579141 (39%)$6,337
Average360 (99.60%)$18,266196 (55.70%)$6,509
*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 11 years, on average, 136 (37.50 % of students) received Pell (federal) grants and its average amount is $4,606.
In addition, 178 students received State/local government grants/scholarships (49.30 % 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
2013-1491 (37%)$3,94927 (11%)$1,444123 (50%)$4,680241 (98%)$11,061
2014-15129 (41%)$4,25724 (8%)$1,637146 (46%)$4,912317 (100%)$12,927
2015-16125 (35%)$4,29527 (8%)$1,806153 (43%)$4,678344 (97%)$12,845
2016-17143 (36%)$4,23019 (5%)$1,693175 (44%)$4,512394 (100%)$12,579
2017-18154 (38%)$4,66719 (5%)$1,813184 (46%)$5,245399 (100%)$13,133
2018-19151 (41%)$4,71823 (6%)$1,790180 (49%)$5,077364 (100%)$14,396
2019-20152 (39%)$4,51124 (6%)$1,613211 (54%)$5,238391 (100%)$13,355
2020-21136 (39%)$5,05837 (11%)$1,793190 (54%)$5,273350 (100%)$14,949
2021-22155 (36%)$4,95641 (10%)$1,808220 (52%)$5,188425 (100%)$16,346
2022-23119 (33%)$5,41626 (7%)$1,839199 (55%)$6,226365 (100%)$17,287
Average136 (37.50%)$4,60627 (7.70%)$1,724178 (49.30%)$5,103359 (99.50%)$13,888
*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 11 years, on average, 196 (55.70 % of students) get any students loan help and its average loan amount is $196.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14219 (89%)$6,704219 (89%)$6,12913 (5%)$9,689
2014-15198 (62%)$6,946198 (62%)$6,31010 (3%)$12,594
2015-16209 (59%)$6,815207 (58%)$6,00119 (5%)$9,586
2016-17225 (57%)$7,176221 (56%)$5,94924 (6%)$12,492
2017-18226 (56%)$6,848225 (56%)$5,90720 (5%)$10,934
2018-19198 (54%)$6,019197 (54%)$5,46515 (4%)$7,674
2019-20200 (51%)$6,580197 (50%)$4,97326 (7%)$12,932
2020-21163 (47%)$6,105161 (46%)$5,13717 (5%)$9,881
2021-22184 (43%)$5,558182 (43%)$5,01512 (3%)$9,166
2022-23141 (39%)$6,337140 (38%)$5,02615 (4%)$12,661
Average196 (55.70%)$6,509195 (55.20%)$5,59117 (4.70%)$10,761
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