How Peace'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 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.

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	957 (89%)	$15,734	577 (53%)	$4,820	831 (77%)	$7,477
2014-15	1,026 (95%)	$14,554	673 (62%)	$4,338	911 (85%)	$7,602
2015-16	942 (91%)	$17,275	587 (57%)	$4,734	910 (88%)	$6,823
2016-17	974 (94%)	$16,490	586 (57%)	$4,717	910 (88%)	$7,377
2017-18	831 (89%)	$16,550	480 (52%)	$4,373	689 (74%)	$6,849
2018-19	828 (91%)	$17,674	434 (48%)	$4,559	711 (78%)	$6,841
2019-20	827 (93%)	$19,015	417 (47%)	$4,632	833 (94%)	$7,426
2020-21	718 (87%)	$19,602	327 (39%)	$4,878	477 (57%)	$7,109
2021-22	616 (83%)	$20,695	266 (36%)	$5,278	374 (50%)	$6,744
Average	858 (90.22%)	$17,510	483 (50.11%)	$4,703	738 (76.78%)	$7,139

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

Overview

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
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	331 (100%)	$19,582	307 (93%)	$6,072
2014-15	212 (99%)	$14,042	160 (75%)	$6,095
2015-16	220 (100%)	$17,775	207 (94%)	$6,015
2016-17	195 (99%)	$19,537	192 (98%)	$6,075
2017-18	203 (100%)	$18,399	166 (82%)	$6,298
2018-19	212 (100%)	$20,177	171 (81%)	$7,132
2019-20	179 (97%)	$21,593	179 (97%)	$7,648
2020-21	142 (99%)	$22,107	87 (61%)	$8,021
2021-22	128 (100%)	$25,295	74 (58%)	$7,372
Average	202 (99.33%)	$19,834	171 (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.

Grants/Scholarship

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) 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	192 (58%)	$4,636	174 (53%)	$100	221 (67%)	$4,658	322 (97%)	$14,113
2014-15	97 (45%)	$4,757	19 (9%)	$1,332	120 (56%)	$4,698	168 (79%)	$11,466
2015-16	138 (63%)	$4,705	25 (11%)	$1,388	157 (71%)	$4,708	215 (98%)	$11,569
2016-17	123 (63%)	$4,626	19 (10%)	$1,355	134 (68%)	$5,060	195 (99%)	$13,010
2017-18	108 (53%)	$4,583	26 (13%)	$931	130 (64%)	$4,876	202 (100%)	$12,781
2018-19	96 (45%)	$4,875	23 (11%)	$1,139	110 (52%)	$4,911	212 (100%)	$15,298
2019-20	87 (47%)	$4,531	15 (8%)	$1,267	94 (51%)	$5,692	179 (97%)	$16,295
2020-21	55 (38%)	$4,307	10 (7%)	$2,150	74 (52%)	$5,973	141 (99%)	$17,296
2021-22	48 (38%)	$5,159	17 (13%)	$1,941	57 (45%)	$5,928	128 (100%)	$20,462
Average	105 (50.00%)	$4,687	36 (15.00%)	$1,289	122 (58.44%)	$5,167	196 (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..

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, 171 (82.11 % of students) get any students loan help and its average loan amount is $171.

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	307 (93%)	$6,072	307 (93%)	$6,003	3 (1%)	$7,033
2014-15	160 (75%)	$6,095	160 (75%)	$5,813	3 (1%)	$15,070
2015-16	207 (94%)	$6,015	205 (93%)	$5,564	10 (5%)	$10,434
2016-17	192 (98%)	$6,075	191 (97%)	$5,511	8 (4%)	$14,225
2017-18	166 (82%)	$6,298	164 (81%)	$5,679	7 (3%)	$16,297
2018-19	171 (81%)	$7,132	171 (81%)	$5,903	15 (7%)	$14,007
2019-20	179 (97%)	$7,648	179 (97%)	$5,874	21 (11%)	$15,115
2020-21	87 (61%)	$8,021	83 (58%)	$5,888	14 (10%)	$14,936
2021-22	74 (58%)	$7,372	71 (55%)	$5,525	11 (9%)	$13,936
Average	171 (82.11%)	$6,748	170 (81.11%)	$5,751	10 (5.67%)	$13,450

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Scholarships, Grants, and Loan Trends at Peace

All Undergraduate Students Financial Aid Over Time

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