Scholarships, Grants, and Loan Trends at VWC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,299, which is 93.67 % of all undergraduate students. 938 students which is 67.56% of undergraduate students received federal student loans and the average loan amount is $6,758.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 75% 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 Wesleyan University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,299, which is 93.67 % of all undergraduate students. 938 students which is 67.56% of undergraduate students received federal student loans and the average loan amount is $6,758.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,384 (95%)$19,165571 (39%)$4,057996 (68%)$5,973
2014-151,438 (96%)$18,323605 (40%)$4,0771,066 (71%)$6,476
2015-161,347 (93%)$20,022561 (39%)$4,0671,010 (70%)$6,155
2016-171,297 (94%)$21,155567 (41%)$4,141977 (71%)$6,329
2017-181,327 (92%)$22,096586 (41%)$4,396975 (68%)$5,057
2018-191,246 (92%)$22,780554 (41%)$4,643907 (67%)$5,071
2019-201,265 (91%)$24,988519 (37%)$4,531924 (67%)$7,139
2020-211,226 (96%)$25,349449 (35%)$4,709835 (66%)$6,969
2021-221,164 (94%)$27,000412 (33%)$4,741750 (60%)$11,653
Average1,299 (93.67%)$22,320536 (38.44%)$4,374938 (67.56%)$6,758

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

For the last 10 years, on average, 373 (99.89 % of students) received grants or scholarships and its average amount is $23,766. It can cover 64.30% of tuition & fees ($36,960).
In addition, 279 (74.56 % of students) students get helped from the students loans (average amount : $7,024).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14453 (100%)$18,870353 (78%)$7,653
2014-15406 (100%)$20,727317 (78%)$6,585
2015-16348 (100%)$21,090270 (78%)$7,400
2016-17367 (100%)$21,993282 (77%)$7,246
2017-18423 (100%)$24,138326 (77%)$5,538
2018-19354 (100%)$24,820265 (75%)$4,996
2019-20343 (100%)$26,950268 (78%)$8,102
2020-21319 (99%)$27,737207 (64%)$7,790
2021-22341 (100%)$27,568225 (66%)$7,905
Average373 (99.89%)$23,766279 (74.56%)$7,024
*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, 153 (40.78 % of students) received Pell (federal) grants and its average amount is $4,334.
In addition, 249 students received State/local government grants/scholarships (66.89 % 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
2013-14190 (42%)$4,05815 (3%)$965313 (69%)$2,873448 (99%)$15,320
2014-15170 (42%)$4,13920 (5%)$800282 (69%)$2,803404 (100%)$17,092
2015-16146 (42%)$4,0003 (1%)$1,167243 (70%)$2,784347 (100%)$17,508
2016-17162 (44%)$4,203107 (29%)$465245 (67%)$2,950364 (99%)$18,181
2017-18190 (45%)$4,37443 (10%)$459241 (57%)$3,019423 (100%)$20,406
2018-19145 (41%)$4,47524 (7%)$469242 (68%)$2,982352 (99%)$21,036
2019-20144 (42%)$4,547285 (83%)$906255 (74%)$3,139343 (100%)$21,955
2020-21111 (35%)$4,467270 (84%)$2,029205 (64%)$3,406319 (99%)$22,276
2021-22116 (34%)$4,73958 (17%)$839218 (64%)$3,819337 (99%)$23,649
Average153 (40.78%)$4,33492 (26.56%)$900249 (66.89%)$3,086371 (99.44%)$19,714
*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, 279 (74.56 % of students) get any students loan help and its average loan amount is $279.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14353 (78%)$7,653349 (77%)$5,84458 (13%)$11,415
2014-15317 (78%)$6,585316 (78%)$5,35536 (9%)$10,982
2015-16270 (78%)$7,400266 (76%)$5,23247 (14%)$12,899
2016-17282 (77%)$7,246280 (76%)$5,69235 (10%)$12,849
2017-18326 (77%)$5,538322 (76%)$4,11438 (9%)$12,653
2018-19265 (75%)$4,996260 (73%)$2,97342 (12%)$13,116
2019-20268 (78%)$8,102265 (77%)$5,80146 (13%)$13,782
2020-21207 (64%)$7,790200 (62%)$5,29941 (13%)$13,485
2021-22225 (66%)$7,905217 (64%)$5,38939 (11%)$15,623
Average279 (74.56%)$7,024275 (73.22%)$5,07842 (11.56%)$12,978
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