Scholarships, Grants, and Loan Trends at Peace

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 858, which is 90.22 % of all undergraduate students. 738 students which is 76.78% of undergraduate students received federal student loans and the average loan amount is $7,139.
For full-time, first-time beginning students (freshmen), 99.33% of students received grants or scholarships and 82% 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 William Peace University since 2013.
For that period, the average number of students who received grants aid/scholarships is 858, which is 90.22 % of all undergraduate students. 738 students which is 76.78% of undergraduate students received federal student loans and the average loan amount is $7,139.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14957 (89%)$15,734577 (53%)$4,820831 (77%)$7,477
2014-151,026 (95%)$14,554673 (62%)$4,338911 (85%)$7,602
2015-16942 (91%)$17,275587 (57%)$4,734910 (88%)$6,823
2016-17974 (94%)$16,490586 (57%)$4,717910 (88%)$7,377
2017-18831 (89%)$16,550480 (52%)$4,373689 (74%)$6,849
2018-19828 (91%)$17,674434 (48%)$4,559711 (78%)$6,841
2019-20827 (93%)$19,015417 (47%)$4,632833 (94%)$7,426
2020-21718 (87%)$19,602327 (39%)$4,878477 (57%)$7,109
2021-22616 (83%)$20,695266 (36%)$5,278374 (50%)$6,744
Average858 (90.22%)$17,510483 (50.11%)$4,703738 (76.78%)$7,139

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

For the last 10 years, on average, 202 (99.33 % of students) received grants or scholarships and its average amount is $19,834. It can cover 59.83% of tuition & fees ($33,150).
In addition, 171 (82.11 % of students) students get helped from the students loans (average amount : $6,748).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14331 (100%)$19,582307 (93%)$6,072
2014-15212 (99%)$14,042160 (75%)$6,095
2015-16220 (100%)$17,775207 (94%)$6,015
2016-17195 (99%)$19,537192 (98%)$6,075
2017-18203 (100%)$18,399166 (82%)$6,298
2018-19212 (100%)$20,177171 (81%)$7,132
2019-20179 (97%)$21,593179 (97%)$7,648
2020-21142 (99%)$22,10787 (61%)$8,021
2021-22128 (100%)$25,29574 (58%)$7,372
Average202 (99.33%)$19,834171 (82.11%)$6,748
*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, 105 (50.00 % of students) received Pell (federal) grants and its average amount is $4,687.
In addition, 122 students received State/local government grants/scholarships (58.44 % 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
2013-14192 (58%)$4,636174 (53%)$100221 (67%)$4,658322 (97%)$14,113
2014-1597 (45%)$4,75719 (9%)$1,332120 (56%)$4,698168 (79%)$11,466
2015-16138 (63%)$4,70525 (11%)$1,388157 (71%)$4,708215 (98%)$11,569
2016-17123 (63%)$4,62619 (10%)$1,355134 (68%)$5,060195 (99%)$13,010
2017-18108 (53%)$4,58326 (13%)$931130 (64%)$4,876202 (100%)$12,781
2018-1996 (45%)$4,87523 (11%)$1,139110 (52%)$4,911212 (100%)$15,298
2019-2087 (47%)$4,53115 (8%)$1,26794 (51%)$5,692179 (97%)$16,295
2020-2155 (38%)$4,30710 (7%)$2,15074 (52%)$5,973141 (99%)$17,296
2021-2248 (38%)$5,15917 (13%)$1,94157 (45%)$5,928128 (100%)$20,462
Average105 (50.00%)$4,68736 (15.00%)$1,289122 (58.44%)$5,167196 (96.56%)$14,699
*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, 171 (82.11 % of students) get any students loan help and its average loan amount is $171.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14307 (93%)$6,072307 (93%)$6,0033 (1%)$7,033
2014-15160 (75%)$6,095160 (75%)$5,8133 (1%)$15,070
2015-16207 (94%)$6,015205 (93%)$5,56410 (5%)$10,434
2016-17192 (98%)$6,075191 (97%)$5,5118 (4%)$14,225
2017-18166 (82%)$6,298164 (81%)$5,6797 (3%)$16,297
2018-19171 (81%)$7,132171 (81%)$5,90315 (7%)$14,007
2019-20179 (97%)$7,648179 (97%)$5,87421 (11%)$15,115
2020-2187 (61%)$8,02183 (58%)$5,88814 (10%)$14,936
2021-2274 (58%)$7,37271 (55%)$5,52511 (9%)$13,936
Average171 (82.11%)$6,748170 (81.11%)$5,75110 (5.67%)$13,450
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