How U of Mount Union'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 Union since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,985, which is 95.67 % of all undergraduate students. 1,665 students which is 80.33% of undergraduate students received federal student loans and the average loan amount is $7,194.

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	2,015 (96%)	$15,409	694 (33%)	$4,182	1,567 (75%)	$9,982
2014-15	2,088 (96%)	$15,903	701 (32%)	$4,195	1,629 (75%)	$7,452
2015-16	2,020 (98%)	$15,805	658 (32%)	$4,200	1,569 (76%)	$7,086
2016-17	2,061 (96%)	$17,334	638 (30%)	$4,235	1,846 (86%)	$7,003
2017-18	2,020 (96%)	$17,935	664 (32%)	$4,350	1,779 (85%)	$6,935
2018-19	2,016 (91%)	$18,852	669 (30%)	$4,446	1,771 (80%)	$6,576
2019-20	1,921 (94%)	$19,618	637 (31%)	$4,529	1,720 (85%)	$6,590
2020-21	1,890 (97%)	$21,829	624 (32%)	$4,625	1,550 (79%)	$6,629
2021-22	1,833 (97%)	$22,014	544 (29%)	$4,814	1,555 (82%)	$6,494
Average	1,985 (95.67%)	$18,300	648 (31.22%)	$4,397	1,665 (80.33%)	$7,194

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

Overview

For the last 10 years, on average, 570 (99.78 % of students) received grants or scholarships and its average amount is $18,740. It can cover 52.94% of tuition & fees ($35,400).

In addition, 498 (87.00 % of students) students get helped from the students loans (average amount : $8,584).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	578 (100%)	$14,963	443 (77%)	$9,475
2014-15	633 (100%)	$15,334	529 (83%)	$9,777
2015-16	539 (100%)	$17,429	394 (73%)	$10,432
2016-17	636 (99%)	$17,954	606 (94%)	$8,619
2017-18	537 (100%)	$19,179	509 (95%)	$8,090
2018-19	616 (99%)	$19,575	581 (93%)	$7,711
2019-20	553 (100%)	$20,324	509 (92%)	$7,648
2020-21	549 (100%)	$21,440	472 (86%)	$7,887
2021-22	491 (100%)	$22,459	442 (90%)	$7,618
Average	570 (99.78%)	$18,740	498 (87.00%)	$8,584

^*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, 198 (34.56 % of students) received Pell (federal) grants and its average amount is $4,458.

In addition, 128 students received State/local government grants/scholarships (22.44 % 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	215 (37%)	$4,347	15 (3%)	$3,499	142 (25%)	$1,898	578 (100%)	$12,789
2014-15	218 (34%)	$4,205	3 (0%)	$3,767	143 (23%)	$2,192	611 (96%)	$13,855
2015-16	190 (35%)	$4,107	6 (1%)	$3,708	115 (21%)	$2,386	538 (100%)	$15,459
2016-17	204 (32%)	$4,516	21 (3%)	$3,778	133 (21%)	$2,383	635 (99%)	$15,907
2017-18	195 (36%)	$4,393	-	-	132 (25%)	$2,573	537 (100%)	$16,951
2018-19	223 (36%)	$4,435	2 (0%)	$2,802	136 (22%)	$2,573	616 (99%)	$17,392
2019-20	180 (32%)	$4,537	119 (21%)	$1,555	117 (21%)	$3,189	553 (100%)	$17,838
2020-21	208 (38%)	$4,538	3 (1%)	$3,764	129 (23%)	$3,166	549 (100%)	$18,956
2021-22	152 (31%)	$5,044	49 (10%)	$2,101	102 (21%)	$3,568	491 (100%)	$19,946
Average	198 (34.56%)	$4,458	27 (6.50%)	$3,122	128 (22.44%)	$2,659	568 (99.33%)	$16,566

^*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, 498 (87.00 % of students) get any students loan help and its average loan amount is $498.

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	443 (77%)	$9,475	443 (77%)	$7,077	83 (14%)	$12,796
2014-15	529 (83%)	$9,777	525 (83%)	$7,258	118 (19%)	$11,535
2015-16	394 (73%)	$10,432	394 (73%)	$7,403	96 (18%)	$12,430
2016-17	606 (94%)	$8,619	602 (94%)	$6,334	120 (19%)	$11,751
2017-18	509 (95%)	$8,090	509 (95%)	$6,214	90 (17%)	$10,613
2018-19	581 (93%)	$7,711	578 (92%)	$5,550	99 (16%)	$12,851
2019-20	509 (92%)	$7,648	506 (91%)	$5,422	99 (18%)	$11,611
2020-21	472 (86%)	$7,887	469 (85%)	$5,454	95 (17%)	$12,260
2021-22	442 (90%)	$7,618	439 (89%)	$5,326	79 (16%)	$13,027
Average	498 (87.00%)	$8,584	496 (86.56%)	$6,226	98 (17.11%)	$12,097

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

All Undergraduate Students Financial Aid Over Time

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