How U of Mount Olive'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 University of Mount Olive since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,442, which is 82.78 % of all undergraduate students. 2,064 students which is 69.33% of undergraduate students received federal student loans and the average loan amount is $7,685.

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	2,703 (79%)	$6,978	1,803 (53%)	$3,628	2,535 (74%)	$7,818
2014-15	3,115 (91%)	$6,254	1,718 (50%)	$3,767	2,401 (70%)	$8,150
2015-16	2,645 (81%)	$7,793	1,663 (51%)	$3,773	2,374 (73%)	$8,013
2016-17	2,676 (82%)	$7,970	1,629 (50%)	$3,639	2,393 (74%)	$8,169
2017-18	2,472 (77%)	$8,145	1,612 (50%)	$4,507	2,260 (70%)	$7,597
2018-19	2,289 (77%)	$8,465	1,511 (51%)	$4,064	2,012 (67%)	$7,576
2019-20	2,372 (91%)	$9,768	1,228 (47%)	$4,387	1,759 (67%)	$7,757
2020-21	1,936 (82%)	$11,533	1,036 (44%)	$4,522	1,456 (62%)	$7,575
2021-22	1,769 (85%)	$14,032	894 (43%)	$4,476	1,387 (67%)	$6,509
Average	2,442 (82.78%)	$8,993	1,455 (48.78%)	$4,085	2,064 (69.33%)	$7,685

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

Overview

For the last 10 years, on average, 259 (98.89 % of students) received grants or scholarships and its average amount is $14,551. It can cover 56.07% of tuition & fees ($25,950).

In addition, 186 (70.67 % of students) students get helped from the students loans (average amount : $5,984).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	196 (98%)	$14,590	131 (66%)	$6,446
2014-15	281 (99%)	$12,474	206 (72%)	$5,916
2015-16	267 (97%)	$12,546	193 (70%)	$5,927
2016-17	272 (99%)	$13,244	199 (72%)	$5,990
2017-18	275 (100%)	$13,496	200 (72%)	$5,716
2018-19	248 (98%)	$14,200	156 (62%)	$6,245
2019-20	286 (99%)	$17,250	222 (77%)	$5,445
2020-21	274 (100%)	$16,787	198 (72%)	$5,927
2021-22	231 (100%)	$16,371	168 (73%)	$6,240
Average	259 (98.89%)	$14,551	186 (70.67%)	$5,984

^*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, 138 (52.44 % of students) received Pell (federal) grants and its average amount is $4,499.

In addition, 148 students received State/local government grants/scholarships (56.56 % 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	100 (50%)	$4,306	40 (20%)	$602	111 (56%)	$4,276	193 (97%)	$10,001
2014-15	147 (52%)	$4,405	59 (21%)	$692	152 (53%)	$4,030	266 (93%)	$8,287
2015-16	134 (49%)	$4,637	56 (20%)	$662	167 (61%)	$4,375	257 (93%)	$7,629
2016-17	152 (55%)	$4,172	77 (28%)	$700	151 (55%)	$4,832	250 (91%)	$8,739
2017-18	144 (52%)	$4,248	93 (34%)	$688	161 (58%)	$4,617	268 (97%)	$8,553
2018-19	135 (53%)	$4,559	59 (23%)	$780	145 (57%)	$4,502	232 (92%)	$9,514
2019-20	166 (58%)	$4,781	229 (80%)	$1,643	167 (58%)	$5,072	274 (95%)	$10,644
2020-21	143 (52%)	$4,443	121 (44%)	$1,593	159 (58%)	$6,143	265 (97%)	$10,547
2021-22	118 (51%)	$4,942	64 (28%)	$638	122 (53%)	$5,655	218 (94%)	$11,320
Average	138 (52.44%)	$4,499	89 (33.11%)	$889	148 (56.56%)	$4,834	247 (94.33%)	$9,470

^*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, 186 (70.67 % of students) get any students loan help and its average loan amount is $186.

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	131 (66%)	$6,446	131 (66%)	$5,869	8 (4%)	$9,450
2014-15	206 (72%)	$5,916	205 (72%)	$5,665	10 (4%)	$5,738
2015-16	193 (70%)	$5,927	193 (70%)	$5,538	7 (3%)	$10,734
2016-17	199 (72%)	$5,990	199 (72%)	$5,657	8 (3%)	$8,284
2017-18	200 (72%)	$5,716	200 (72%)	$5,086	14 (5%)	$9,000
2018-19	156 (62%)	$6,245	156 (62%)	$5,289	15 (6%)	$9,944
2019-20	222 (77%)	$5,445	221 (77%)	$4,923	16 (6%)	$7,557
2020-21	198 (72%)	$5,927	194 (71%)	$4,840	23 (8%)	$10,200
2021-22	168 (73%)	$6,240	168 (73%)	$4,693	20 (9%)	$12,995
Average	186 (70.67%)	$5,984	185 (70.56%)	$5,284	13 (5.33%)	$9,322

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Scholarships, Grants, and Loan Trends at U of Mount Olive

All Undergraduate Students Financial Aid Over Time

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