Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 612, which is 73.89 % of all undergraduate students. 484 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $7,696.

For full-time, first-time beginning students (freshmen), 89.00% of students received grants or scholarships and 60% 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 Life University since 2013.

For that period, the average number of students who received grants aid/scholarships is 612, which is 73.89 % of all undergraduate students. 484 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $7,696.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14540 (68%)$6,494388 (49%)$4,289542 (68%)$7,867
2014-15450 (58%)$6,903355 (46%)$4,452473 (61%)$9,931
2015-16461 (64%)$6,063303 (42%)$3,561448 (62%)$7,373
2016-17514 (72%)$6,082320 (45%)$4,231449 (63%)$7,588
2017-18593 (79%)$7,714340 (45%)$4,859485 (64%)$7,959
2018-19763 (85%)$5,679376 (42%)$5,022527 (59%)$9,417
2019-20721 (82%)$7,807344 (39%)$4,375501 (57%)$6,747
2020-21762 (81%)$8,639368 (39%)$4,490479 (51%)$5,995
2021-22704 (76%)$10,491366 (40%)$5,274455 (49%)$6,387
Average612 (73.89%)$7,319351 (43.00%)$4,506484 (59.33%)$7,696
*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, 117 (89.00 % of students) received grants or scholarships and its average amount is $8,007. It can cover 53.25% of tuition & fees ($15,036).

In addition, 77 (60.11 % of students) students get helped from the students loans (average amount : $6,548).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1464 (88%)$5,03550 (68%)$7,483
2014-1577 (79%)$6,31263 (65%)$6,860
2015-1677 (84%)$6,62564 (70%)$6,275
2016-1797 (87%)$7,23268 (61%)$5,632
2017-18108 (96%)$7,75451 (45%)$5,485
2018-19158 (91%)$7,610105 (60%)$7,062
2019-20146 (91%)$9,14192 (57%)$6,922
2020-21173 (95%)$10,434118 (65%)$5,932
2021-22153 (90%)$11,92385 (50%)$7,284
Average117 (89.00%)$8,00777 (60.11%)$6,548
*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, 61 (48.22 % of students) received Pell (federal) grants and its average amount is $4,714.

In addition, 41 students received State/local government grants/scholarships (31.33 % 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
2013-1442 (58%)$4,29823 (32%)$20022 (30%)$1,70227 (37%)$3,693
2014-1549 (51%)$4,91730 (31%)$1,54328 (29%)$1,10244 (45%)$3,816
2015-1646 (50%)$4,3024 (4%)$2,55026 (28%)$2,15461 (66%)$4,033
2016-1749 (44%)$4,7554 (4%)$2,87547 (42%)$2,00070 (63%)$5,186
2017-1859 (52%)$4,8186 (5%)$1,98937 (33%)$3,224101 (89%)$4,178
2018-1980 (46%)$4,4955 (3%)$2,46453 (30%)$2,787121 (70%)$5,643
2019-2062 (39%)$4,667104 (65%)$55048 (30%)$3,008104 (65%)$8,113
2020-2191 (50%)$4,962133 (73%)$1,00362 (34%)$2,714122 (67%)$8,622
2021-2275 (44%)$5,2139 (5%)$2,90644 (26%)$2,775132 (78%)$9,735
Average61 (48.22%)$4,71435 (24.67%)$1,78741 (31.33%)$2,38587 (64.44%)$5,891
*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, 77 (60.11 % of students) get any students loan help and its average loan amount is $77.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1450 (68%)$7,48349 (67%)$5,7104 (5%)$23,580
2014-1563 (65%)$6,86062 (64%)$5,94513 (13%)$4,892
2015-1664 (70%)$6,27563 (68%)$5,5403 (3%)$17,533
2016-1768 (61%)$5,63268 (61%)$5,632--
2017-1851 (45%)$5,48551 (45%)$5,485--
2018-19105 (60%)$7,062103 (59%)$5,7449 (5%)$16,661
2019-2092 (57%)$6,92292 (57%)$5,6069 (6%)$13,452
2020-21118 (65%)$5,932115 (63%)$5,2927 (4%)$13,055
2021-2285 (50%)$7,28485 (50%)$5,7586 (4%)$21,609
Average77 (60.11%)$6,54876 (59.33%)$5,6357 (5.71%)$15,826

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