Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,396, which is 81.33 % of all undergraduate students. 1,416 students which is 48.22% of undergraduate students received federal student loans and the average loan amount is $8,781.

For full-time, first-time beginning students (freshmen), 98.67% of students received grants or scholarships and 44% 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 Lipscomb University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,396, which is 81.33 % of all undergraduate students. 1,416 students which is 48.22% of undergraduate students received federal student loans and the average loan amount is $8,781.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,160 (75%)$18,788735 (25%)$4,0301,558 (54%)$9,164
2014-152,111 (73%)$17,378708 (25%)$4,0121,535 (53%)$9,311
2015-162,328 (77%)$15,427756 (25%)$4,0481,568 (52%)$8,921
2016-172,422 (81%)$18,924764 (26%)$3,9961,539 (52%)$9,293
2017-182,361 (79%)$19,747783 (26%)$4,2531,525 (51%)$9,273
2018-192,401 (82%)$17,459736 (25%)$4,1501,464 (50%)$8,742
2019-202,225 (78%)$29,268641 (22%)$4,2251,347 (47%)$7,873
2020-212,795 (93%)$21,415661 (22%)$4,5561,154 (39%)$10,299
2021-222,765 (94%)$22,046666 (23%)$4,7201,054 (36%)$6,155
Average2,396 (81.33%)$20,050717 (24.33%)$4,2211,416 (48.22%)$8,781
*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, 644 (98.67 % of students) received grants or scholarships and its average amount is $20,436. It can cover 52.64% of tuition & fees ($38,824).

In addition, 288 (44.22 % of students) students get helped from the students loans (average amount : $7,256).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14682 (100%)$15,914351 (51%)$7,156
2014-15620 (99%)$16,532286 (46%)$7,380
2015-16652 (98%)$18,936296 (45%)$6,773
2016-17622 (98%)$18,955305 (48%)$6,658
2017-18625 (98%)$20,106306 (48%)$7,214
2018-19647 (97%)$21,359274 (41%)$7,734
2019-20605 (99%)$23,095272 (45%)$7,134
2020-21684 (99%)$24,624243 (35%)$7,497
2021-22659 (100%)$24,404257 (39%)$7,756
Average644 (98.67%)$20,436288 (44.22%)$7,256
*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, 153 (23.22 % of students) received Pell (federal) grants and its average amount is $4,493.

In addition, 327 students received State/local government grants/scholarships (50.11 % 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
2013-14159 (23%)$4,19539 (6%)$949359 (53%)$4,269682 (100%)$12,635
2014-15122 (19%)$4,29447 (8%)$1,096319 (51%)$4,499618 (99%)$13,332
2015-16144 (22%)$4,47249 (7%)$949325 (49%)$4,004651 (98%)$15,906
2016-17156 (25%)$4,43840 (6%)$857327 (52%)$3,865621 (98%)$15,780
2017-18168 (26%)$4,29660 (9%)$1,833335 (52%)$3,949620 (97%)$16,793
2018-19148 (22%)$4,53150 (8%)$1,775319 (48%)$3,954646 (97%)$18,264
2019-20129 (21%)$4,40536 (6%)$2,250277 (45%)$3,835605 (99%)$20,266
2020-21175 (25%)$4,96181 (12%)$1,000373 (54%)$4,966683 (99%)$20,559
2021-22173 (26%)$4,84771 (11%)$942312 (47%)$5,073658 (100%)$20,660
Average153 (23.22%)$4,49353 (8.11%)$1,295327 (50.11%)$4,268643 (98.56%)$17,133
*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, 288 (44.22 % of students) get any students loan help and its average loan amount is $288.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14351 (51%)$7,156351 (51%)$5,68939 (6%)$13,211
2014-15286 (46%)$7,380286 (46%)$5,82532 (5%)$13,891
2015-16296 (45%)$6,773295 (45%)$5,69024 (4%)$13,598
2016-17305 (48%)$6,658305 (48%)$5,54526 (4%)$13,060
2017-18306 (48%)$7,214306 (48%)$5,63931 (5%)$15,549
2018-19274 (41%)$7,734274 (41%)$5,44141 (6%)$15,323
2019-20272 (45%)$7,134272 (45%)$5,21832 (5%)$16,289
2020-21243 (35%)$7,497238 (35%)$5,14234 (5%)$17,590
2021-22257 (39%)$7,756252 (38%)$5,04138 (6%)$19,025
Average288 (44.22%)$7,256287 (44.11%)$5,47033 (5.11%)$15,282

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