Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,468, which is 88.00 % of all undergraduate students. 1,042 students which is 62.44% of undergraduate students received federal student loans and the average loan amount is $7,057.

For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 71% 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 Lenoir-Rhyne University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,468, which is 88.00 % of all undergraduate students. 1,042 students which is 62.44% of undergraduate students received federal student loans and the average loan amount is $7,057.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,336 (90%)$19,950637 (43%)$4,1851,045 (70%)$7,670
2014-151,343 (88%)$21,197649 (43%)$4,3411,021 (67%)$7,710
2015-161,397 (88%)$22,957653 (41%)$4,3561,024 (65%)$7,219
2016-171,480 (87%)$24,624676 (40%)$4,4461,078 (63%)$7,111
2017-181,474 (87%)$26,108691 (41%)$4,4661,056 (62%)$6,983
2018-191,582 (87%)$27,771722 (40%)$4,6291,101 (60%)$6,896
2019-201,605 (87%)$29,998692 (37%)$4,6841,094 (59%)$6,749
2020-211,554 (87%)$30,882639 (36%)$4,9451,040 (58%)$6,614
2021-221,437 (91%)$32,218602 (38%)$4,938919 (58%)$6,561
Average1,468 (88.00%)$26,189662 (39.89%)$4,5541,042 (62.44%)$7,057
*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, 411 (99.67 % of students) received grants or scholarships and its average amount is $29,074. It can cover 94.09% of tuition & fees ($30,900).

In addition, 290 (71.11 % of students) students get helped from the students loans (average amount : $6,501).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14306 (98%)$22,350258 (83%)$6,729
2014-15342 (99%)$23,784252 (73%)$6,329
2015-16448 (100%)$26,472321 (72%)$6,389
2016-17464 (100%)$27,385324 (70%)$6,809
2017-18384 (100%)$30,400275 (72%)$6,153
2018-19500 (100%)$30,759333 (67%)$6,372
2019-20454 (100%)$32,804297 (65%)$6,174
2020-21439 (100%)$32,070312 (71%)$6,974
2021-22363 (100%)$35,641242 (67%)$6,577
Average411 (99.67%)$29,074290 (71.11%)$6,501
*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, 198 (48.44 % of students) received Pell (federal) grants and its average amount is $4,651.

In addition, 233 students received State/local government grants/scholarships (56.44 % 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
2013-14150 (48%)$4,54923 (7%)$3,198166 (53%)$4,940306 (98%)$17,200
2014-15176 (51%)$4,23826 (8%)$3,430195 (56%)$4,313342 (99%)$18,883
2015-16219 (49%)$4,55223 (5%)$2,999245 (55%)$4,698448 (100%)$21,524
2016-17218 (47%)$4,58421 (5%)$3,948276 (59%)$4,775464 (100%)$22,213
2017-18198 (52%)$4,87820 (5%)$3,283230 (60%)$5,233384 (100%)$24,580
2018-19238 (48%)$4,57723 (5%)$3,404271 (54%)$5,056499 (100%)$25,735
2019-20199 (44%)$4,684380 (84%)$951257 (57%)$5,577454 (100%)$26,797
2020-21210 (48%)$4,834366 (83%)$776257 (59%)$5,856439 (100%)$25,682
2021-22178 (49%)$4,959353 (97%)$2,413199 (55%)$6,272363 (100%)$27,424
Average198 (48.44%)$4,651137 (33.22%)$2,711233 (56.44%)$5,191411 (99.67%)$23,338
*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, 290 (71.11 % of students) get any students loan help and its average loan amount is $290.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14258 (83%)$6,729258 (83%)$6,20515 (5%)$9,011
2014-15252 (73%)$6,329252 (73%)$5,93710 (3%)$9,887
2015-16321 (72%)$6,389317 (71%)$5,86419 (4%)$10,108
2016-17324 (70%)$6,809320 (69%)$6,07423 (5%)$11,413
2017-18275 (72%)$6,153274 (71%)$5,57413 (3%)$12,675
2018-19333 (67%)$6,372330 (66%)$5,54130 (6%)$9,775
2019-20297 (65%)$6,174293 (65%)$5,30326 (6%)$10,766
2020-21312 (71%)$6,974309 (70%)$5,25340 (9%)$13,819
2021-22242 (67%)$6,577236 (65%)$5,32826 (7%)$12,858
Average290 (71.11%)$6,501288 (70.33%)$5,67522 (5.33%)$11,146

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