Scholarships, Grants, and Loan Trends at Virginia University of Lynchburg

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 252, which is 90.56 % of all undergraduate students. 241 students which is 86.00% of undergraduate students received federal student loans and the average loan amount is $6,480.
For full-time, first-time beginning students (freshmen), 90.00% of students received grants or scholarships and 85% 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 Virginia University of Lynchburg since 2013.
For that period, the average number of students who received grants aid/scholarships is 252, which is 90.56 % of all undergraduate students. 241 students which is 86.00% of undergraduate students received federal student loans and the average loan amount is $6,480.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14472 (100%)$7,046379 (80%)$4,422432 (92%)$4,315
2014-15251 (100%)$3,777247 (98%)$3,268251 (100%)$6,396
2015-16297 (82%)$5,295265 (73%)$3,840323 (89%)$9,193
2016-17302 (92%)$6,459281 (86%)$4,308291 (89%)$6,597
2017-18235 (87%)$5,745213 (79%)$4,329235 (87%)$6,386
2018-19217 (96%)$3,498196 (86%)$2,675212 (93%)$3,891
2019-20226 (99%)$9,287204 (89%)$5,612221 (97%)$7,940
2020-2196 (79%)$6,11496 (79%)$5,83993 (76%)$6,968
2021-22173 (80%)$9,171159 (73%)$3,846111 (51%)$6,637
Average252 (90.56%)$6,266227 (82.56%)$4,238241 (86.00%)$6,480

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

For the last 10 years, on average, 81 (90.00 % of students) received grants or scholarships and its average amount is $7,468. It can cover 80.75% of tuition & fees ($9,248).
In addition, 76 (84.78 % of students) students get helped from the students loans (average amount : $5,778).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1484 (92%)$6,98759 (65%)$5,930
2014-1550 (100%)$8,70850 (100%)$4,880
2015-16147 (99%)$5,892139 (94%)$5,648
2016-1786 (91%)$10,30286 (91%)$7,464
2017-1859 (100%)$5,75656 (95%)$5,606
2018-1986 (98%)$3,51986 (98%)$3,047
2019-2099 (98%)$11,24695 (94%)$6,625
2020-2126 (53%)$6,87523 (47%)$6,648
2021-2293 (79%)$7,92393 (79%)$6,153
Average81 (90.00%)$7,46876 (84.78%)$5,778
*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, 71 (79.89 % of students) received Pell (federal) grants and its average amount is $4,834.
In addition, 4 students received State/local government grants/scholarships (4.00 % 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
2013-1449 (54%)$5,0694 (4%)$7503 (3%)$2,50040 (44%)$8,200
2014-1550 (100%)$4,68223 (46%)$4675 (10%)$2,50050 (100%)$3,561
2015-16124 (84%)$3,84324 (16%)$45210 (7%)$5,205111 (75%)$2,943
2016-1780 (85%)$5,7978 (9%)$1,2505 (5%)$5,00075 (80%)$5,162
2017-1852 (88%)$4,3129 (15%)$9331 (2%)$4,86131 (53%)$3,294
2018-1981 (92%)$2,44218 (20%)$4472 (2%)$1,25064 (73%)$1,473
2019-2091 (90%)$5,23699 (98%)$3,9011 (1%)$5,52580 (79%)$3,066
2020-2126 (53%)$6,0169 (18%)$9551 (2%)$3,6003 (6%)$3,379
2021-2285 (73%)$6,10616 (14%)$840--72 (62%)$2,839
Average71 (79.89%)$4,83423 (26.67%)$1,1114 (4.00%)$3,80558 (63.56%)$3,769
*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, 76 (84.78 % of students) get any students loan help and its average loan amount is $76.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1459 (65%)$5,93056 (62%)$5,7393 (3%)$9,500
2014-1550 (100%)$4,88050 (100%)$4,8401 (2%)$2,000
2015-16139 (94%)$5,648139 (94%)$5,648--
2016-1786 (91%)$7,46486 (91%)$7,464--
2017-1856 (95%)$5,60656 (95%)$5,4631 (2%)$8,000
2018-1986 (98%)$3,04786 (98%)$3,047--
2019-2095 (94%)$6,62595 (94%)$6,625--
2020-2123 (47%)$6,64823 (47%)$6,648--
2021-2293 (79%)$6,15393 (79%)$6,153--
Average76 (84.78%)$5,77876 (84.44%)$5,7362 (2.33%)$6,500
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