Scholarships, Grants, and Loan Trends at William Penn

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,264, which is 90.00 % of all undergraduate students. 1,176 students which is 83.78% of undergraduate students received federal student loans and the average loan amount is $7,200.
For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 94% 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 Penn University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,264, which is 90.00 % of all undergraduate students. 1,176 students which is 83.78% of undergraduate students received federal student loans and the average loan amount is $7,200.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,475 (85%)$13,533844 (48%)$3,9531,364 (78%)$7,651
2014-151,427 (84%)$14,107860 (51%)$4,0931,350 (80%)$7,660
2015-161,383 (89%)$14,459769 (50%)$4,0001,269 (82%)$7,197
2016-171,227 (86%)$15,101680 (48%)$4,1521,153 (81%)$7,513
2017-181,182 (90%)$15,759676 (51%)$4,5241,088 (83%)$7,442
2018-191,091 (90%)$16,126647 (53%)$4,4821,007 (83%)$6,998
2019-201,136 (95%)$17,863633 (53%)$4,6041,075 (90%)$6,772
2020-211,207 (95%)$18,493639 (50%)$4,7641,131 (89%)$6,644
2021-221,247 (96%)$19,952608 (47%)$4,8591,151 (88%)$6,925
Average1,264 (90.00%)$16,155706 (50.11%)$4,3811,176 (83.78%)$7,200

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

For the last 10 years, on average, 303 (99.56 % of students) received grants or scholarships and its average amount is $16,727. It can cover 58.18% of tuition & fees ($28,750).
In addition, 285 (93.78 % of students) students get helped from the students loans (average amount : $7,678).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14275 (100%)$14,943248 (90%)$7,545
2014-15335 (100%)$15,442313 (93%)$8,795
2015-16313 (99%)$14,372289 (92%)$7,578
2016-17235 (99%)$15,705227 (96%)$7,745
2017-18277 (100%)$18,149260 (94%)$7,816
2018-19282 (99%)$17,017271 (95%)$7,674
2019-20361 (100%)$17,641341 (94%)$7,068
2020-21334 (100%)$18,221319 (96%)$7,515
2021-22317 (99%)$19,052300 (94%)$7,363
Average303 (99.56%)$16,727285 (93.78%)$7,678
*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, 167 (55.22 % of students) received Pell (federal) grants and its average amount is $4,401.
In addition, 73 students received State/local government grants/scholarships (24.22 % 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
2013-14151 (55%)$3,929153 (56%)$67772 (26%)$3,283263 (96%)$12,076
2014-15194 (58%)$4,394196 (58%)$76393 (28%)$4,463325 (97%)$11,557
2015-16173 (55%)$3,969179 (57%)$69279 (25%)$4,638312 (99%)$10,646
2016-17140 (59%)$4,369144 (61%)$74154 (23%)$4,978234 (99%)$11,553
2017-18169 (61%)$4,496170 (61%)$76074 (27%)$5,120277 (100%)$13,572
2018-19168 (59%)$4,740172 (61%)$84371 (25%)$5,113281 (99%)$12,436
2019-20189 (52%)$4,361192 (53%)$1,77791 (25%)$5,308361 (100%)$13,075
2020-21175 (52%)$4,621178 (53%)$1,79269 (21%)$6,046334 (100%)$13,596
2021-22147 (46%)$4,732148 (46%)$3,57758 (18%)$6,065317 (99%)$14,079
Average167 (55.22%)$4,401170 (56.22%)$1,29173 (24.22%)$5,002300 (98.78%)$12,510
*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, 285 (93.78 % of students) get any students loan help and its average loan amount is $285.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14248 (90%)$7,545246 (89%)$6,324204 (74%)$1,546
2014-15313 (93%)$8,795311 (93%)$7,265234 (70%)$2,109
2015-16289 (92%)$7,578286 (91%)$6,030227 (72%)$2,051
2016-17227 (96%)$7,745226 (95%)$6,149188 (79%)$1,959
2017-18260 (94%)$7,816260 (94%)$6,044232 (83%)$1,986
2018-19271 (95%)$7,674269 (95%)$5,798207 (73%)$2,513
2019-20341 (94%)$7,068340 (94%)$5,288274 (76%)$2,235
2020-21319 (96%)$7,515319 (96%)$5,411319 (96%)$2,104
2021-22300 (94%)$7,363299 (94%)$5,394241 (76%)$2,474
Average285 (93.78%)$7,678284 (93.44%)$5,967236 (77.67%)$2,109
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