Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 521, which is 60.44 % of all undergraduate students. 282 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $5,785.

For full-time, first-time beginning students (freshmen), 88.89% of students received grants or scholarships and 47% 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 Maranatha Baptist University since 2013.

For that period, the average number of students who received grants aid/scholarships is 521, which is 60.44 % of all undergraduate students. 282 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $5,785.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14628 (66%)$6,110375 (40%)$3,668402 (42%)$5,871
2014-15616 (65%)$6,186351 (37%)$3,799337 (36%)$5,745
2015-16170 (18%)$6,56895 (10%)$3,67986 (9%)$4,952
2016-17627 (66%)$6,527348 (37%)$3,627355 (38%)$5,566
2017-18559 (60%)$7,279325 (35%)$4,003292 (32%)$5,700
2018-19520 (66%)$7,240282 (36%)$4,192285 (36%)$6,028
2019-20505 (64%)$7,615270 (34%)$4,288253 (32%)$5,962
2020-21505 (71%)$7,740272 (38%)$4,226228 (32%)$5,963
2021-22559 (68%)$7,919325 (40%)$4,171303 (37%)$6,274
Average521 (60.44%)$7,020294 (34.11%)$3,961282 (32.67%)$5,785
*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, 139 (88.89 % of students) received grants or scholarships and its average amount is $7,053. It can cover 34.78% of tuition & fees ($20,280).

In addition, 77 (46.67 % of students) students get helped from the students loans (average amount : $6,238).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14161 (78%)$5,528175 (85%)$6,296
2014-15183 (95%)$5,99787 (45%)$5,895
2015-16149 (84%)$6,42980 (45%)$6,437
2016-17163 (84%)$6,48498 (51%)$6,080
2017-18128 (93%)$7,36359 (43%)$6,090
2018-19122 (89%)$6,68055 (40%)$5,535
2019-20112 (90%)$8,34060 (48%)$6,510
2020-21117 (95%)$8,67239 (32%)$7,676
2021-22120 (92%)$7,98841 (31%)$5,627
Average139 (88.89%)$7,05377 (46.67%)$6,238
*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, 78 (49.78 % of students) received Pell (federal) grants and its average amount is $4,116.

In addition, 25 students received State/local government grants/scholarships (16.44 % 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
2013-1492 (45%)$3,71959 (29%)$10625 (12%)$1,824139 (67%)$3,568
2014-1590 (47%)$4,09968 (35%)$10737 (19%)$2,441172 (89%)$3,669
2015-1682 (46%)$3,84958 (33%)$10616 (9%)$2,439134 (76%)$4,456
2016-1797 (50%)$3,83373 (38%)$10523 (12%)$2,472143 (74%)$4,340
2017-1876 (55%)$4,12060 (44%)$10829 (21%)$2,462116 (85%)$4,754
2018-1965 (47%)$3,98155 (40%)$12117 (12%)$2,892114 (83%)$4,390
2019-2067 (54%)$4,69376 (61%)$96225 (20%)$2,88398 (78%)$4,842
2020-2164 (52%)$4,65017 (14%)$50025 (20%)$3,131104 (85%)$6,060
2021-2268 (52%)$4,10090 (69%)$1,67630 (23%)$3,45999 (76%)$4,294
Average78 (49.78%)$4,11662 (40.33%)$42125 (16.44%)$2,667124 (79.22%)$4,486
*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 (46.67 % 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
2013-14175 (85%)$6,296175 (85%)$5,62512 (6%)$9,786
2014-1587 (45%)$5,89585 (44%)$4,75610 (5%)$10,861
2015-1680 (45%)$6,43778 (44%)$5,00711 (6%)$11,308
2016-1798 (51%)$6,08097 (50%)$4,81912 (6%)$10,698
2017-1859 (43%)$6,09057 (42%)$4,34910 (7%)$11,140
2018-1955 (40%)$5,53555 (40%)$4,8244 (3%)$9,783
2019-2060 (48%)$6,51060 (48%)$4,9768 (6%)$11,509
2020-2139 (32%)$7,67637 (30%)$5,06911 (9%)$10,163
2021-2241 (31%)$5,62739 (30%)$4,6904 (3%)$11,953
Average77 (46.67%)$6,23876 (45.89%)$4,9029 (5.67%)$10,800

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