Over the past 10 years (2014-2023), the average number of students who received grants aid/scholarships is 1,473, which is 94.40 % of all undergraduate students. 774 students which is 50.30% of undergraduate students received federal student loans and the average loan amount is $6,317.

For full-time, first-time beginning students (freshmen), 99.50% of students received grants or scholarships and 58% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Freed-Hardeman University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,473, which is 94.40 % of all undergraduate students. 774 students which is 50.30% of undergraduate students received federal student loans and the average loan amount is $6,317.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,296 (94%)$13,140450 (32%)$4,107790 (57%)$4,200
2014-151,310 (93%)$13,237446 (32%)$3,980845 (60%)$6,942
2015-161,314 (96%)$13,917411 (30%)$4,098822 (60%)$6,644
2016-171,332 (95%)$14,441368 (26%)$4,129791 (56%)$6,599
2017-181,396 (95%)$14,743430 (29%)$4,205757 (51%)$6,396
2018-191,447 (94%)$14,643429 (28%)$4,299749 (48%)$6,272
2019-201,555 (94%)$14,179410 (25%)$4,461762 (46%)$6,271
2020-211,648 (95%)$13,765403 (23%)$4,786756 (44%)$6,248
2021-221,715 (95%)$13,817423 (24%)$4,619731 (41%)$6,082
2022-231,713 (93%)$12,840416 (22%)$6,067736 (40%)$7,519
Average1,473 (94.40%)$13,872419 (27.10%)$4,475774 (50.30%)$6,317
*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.

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

For the last 11 years, on average, 329 (99.50 % of students) received grants or scholarships and its average amount is $17,386. It can cover 69.54% of tuition & fees ($25,000).

In addition, 191 (57.90 % of students) students get helped from the students loans (average amount : $6,562).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14354 (100%)$15,515218 (61%)$4,917
2014-15340 (100%)$15,563223 (66%)$6,998
2015-16290 (99%)$17,188195 (67%)$6,927
2016-17323 (100%)$17,456194 (60%)$6,436
2017-18311 (99%)$18,403173 (55%)$7,362
2018-19306 (99%)$17,746168 (55%)$6,650
2019-20325 (99%)$17,914195 (60%)$6,993
2020-21347 (99%)$17,926189 (54%)$5,917
2021-22368 (100%)$17,349186 (50%)$6,851
2022-23330 (100%)$18,798169 (51%)$6,570
Average329 (99.50%)$17,386191 (57.90%)$6,562
*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 11 years, on average, 105 (31.70 % of students) received Pell (federal) grants and its average amount is $4,362.

In addition, 173 students received State/local government grants/scholarships (52.30 % 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
2013-14130 (37%)$4,13027 (8%)$1,495173 (49%)$5,252354 (100%)$11,318
2014-15110 (32%)$3,84360 (18%)$1,367149 (44%)$4,428339 (100%)$12,174
2015-1699 (34%)$4,32057 (20%)$1,319152 (52%)$4,640290 (99%)$13,022
2016-1798 (30%)$4,09484 (26%)$1,342167 (52%)$4,455316 (98%)$13,862
2017-18108 (35%)$4,15180 (26%)$1,463174 (56%)$4,666308 (98%)$14,111
2018-1992 (30%)$4,375113 (37%)$1,377166 (54%)$4,511306 (99%)$13,475
2019-20106 (32%)$4,757118 (36%)$1,257168 (51%)$4,765325 (99%)$13,442
2020-21119 (34%)$4,662121 (35%)$1,738204 (58%)$4,659343 (98%)$13,134
2021-2297 (26%)$4,556110 (30%)$1,659199 (54%)$4,487367 (99%)$13,263
2022-2389 (27%)$4,73471 (21%)$1,958175 (53%)$5,391329 (99%)$14,284
Average105 (31.70%)$4,36284 (25.70%)$1,498173 (52.30%)$4,725328 (98.90%)$13,209
*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 11 years, on average, 191 (57.90 % of students) get any students loan help and its average loan amount is $191.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14218 (61%)$4,917218 (61%)$3,61727 (8%)$10,497
2014-15223 (66%)$6,998222 (65%)$5,69526 (8%)$11,393
2015-16195 (67%)$6,927193 (66%)$5,38631 (11%)$10,042
2016-17194 (60%)$6,436194 (60%)$5,29719 (6%)$11,637
2017-18173 (55%)$7,362171 (55%)$5,48530 (10%)$11,191
2018-19168 (55%)$6,650168 (55%)$5,38123 (7%)$9,270
2019-20195 (60%)$6,993191 (58%)$5,30829 (9%)$12,060
2020-21189 (54%)$5,917188 (54%)$5,08420 (6%)$8,123
2021-22186 (50%)$6,851181 (49%)$5,01926 (7%)$14,068
2022-23169 (51%)$6,570168 (51%)$5,21519 (6%)$12,321
Average191 (57.90%)$6,562189 (57.40%)$5,14925 (7.80%)$11,060

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