Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 64, which is 41.33 % of all undergraduate students. 12 students which is 6.50% of undergraduate students received federal student loans and the average loan amount is $4,769.

For full-time, first-time beginning students (freshmen), 82.33% of students received grants or scholarships and 20% 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 Grace School of Theology since 2013.

For that period, the average number of students who received grants aid/scholarships is 64, which is 41.33 % of all undergraduate students. 12 students which is 6.50% of undergraduate students received federal student loans and the average loan amount is $4,769.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141 (6%)$540----
2014-1515 (38%)$1,3491 (3%)$1,433--
2015-1628 (25%)$1,18420 (18%)$1,4163 (3%)$4,751
2016-1733 (27%)$1,77023 (19%)$2,2149 (7%)$5,676
2017-18111 (74%)$1,57122 (15%)$1,35611 (7%)$3,604
2018-1923 (10%)$3,77623 (10%)$3,77617 (7%)$5,910
2019-2055 (25%)$1,31121 (9%)$1,83817 (8%)$4,401
2020-21151 (90%)$1,34928 (17%)$1,502--
2021-22163 (77%)$1,68029 (14%)$1,69815 (7%)$4,273
Average64 (41.33%)$1,61421 (13.13%)$1,90412 (6.50%)$4,769
*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 10 years, on average, 3 (82.33 % of students) received grants or scholarships and its average amount is $4,616. It can cover 68.29% of tuition & fees ($6,760).

In addition, 1 (20.00 % of students) students get helped from the students loans (average amount : $2,722).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-15----
2015-16----
2016-17----
2017-18----
2018-192 (100%)$5,945--
2019-20----
2020-212 (67%)$3,486--
2021-224 (80%)$4,4181 (20%)$2,722
Average3 (82.33%)$4,6161 (20.00%)$2,722
*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, 2 (60.00 % of students) received Pell (federal) grants and its average amount is $3,909.

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
2013-14--------
2014-15--------
2015-16--------
2016-17--------
2017-18--------
2018-192 (100%)$5,945------
2019-20--------
2020-21------2 (67%)$3,486
2021-221 (20%)$1,873----3 (60%)$5,266
Average2 (60.00%)$3,909----3 (63.50%)$4,376
*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, 1 (20.00 % of students) get any students loan help and its average loan amount is $1.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-16------
2016-17------
2017-18------
2018-19------
2019-20------
2020-21------
2021-221 (20%)$2,7221 (20%)$2,722--
Average1 (20.00%)$2,7221 (20.00%)$2,722--

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