Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 261, which is 96.33 % of all undergraduate students. 244 students which is 89.56% of undergraduate students received federal student loans and the average loan amount is $8,549.

For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 95% 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 Martin University since 2013.

For that period, the average number of students who received grants aid/scholarships is 261, which is 96.33 % of all undergraduate students. 244 students which is 89.56% of undergraduate students received federal student loans and the average loan amount is $8,549.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14445 (99%)$13,335397 (88%)$3,511427 (95%)$8,258
2014-15344 (99%)$15,497300 (86%)$4,021329 (95%)$8,706
2015-16269 (94%)$7,661252 (88%)$4,055266 (93%)$8,923
2016-17265 (95%)$8,573232 (83%)$4,407245 (88%)$8,696
2017-18246 (95%)$8,803217 (83%)$4,329233 (90%)$8,333
2018-19233 (95%)$8,288204 (83%)$4,360213 (87%)$8,441
2019-20204 (96%)$8,111176 (83%)$4,582192 (90%)$9,123
2020-21165 (97%)$7,056131 (77%)$4,381142 (84%)$8,230
2021-22175 (97%)$7,056139 (77%)$4,381151 (84%)$8,230
Average261 (96.33%)$9,376228 (83.11%)$4,225244 (89.56%)$8,549
*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, 11 (99.56 % of students) received grants or scholarships and its average amount is $8,244. It can cover 64.26% of tuition & fees ($12,830).

In addition, 10 (95.00 % of students) students get helped from the students loans (average amount : $7,867).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1422 (96%)$5,04823 (100%)$7,315
2014-1510 (100%)$10,9759 (90%)$8,878
2015-164 (100%)$6,7344 (100%)$8,225
2016-1714 (100%)$7,04514 (100%)$8,102
2017-1815 (100%)$8,93715 (100%)$7,658
2018-198 (100%)$7,2246 (75%)$6,393
2019-2010 (100%)$8,6299 (90%)$6,967
2020-216 (100%)$9,8036 (100%)$8,631
2021-226 (100%)$9,8036 (100%)$8,631
Average11 (99.56%)$8,24410 (95.00%)$7,867
*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, 10 (95.78 % of students) received Pell (federal) grants and its average amount is $4,823.

In addition, 4 students received State/local government grants/scholarships (44.22 % 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
2013-1422 (96%)$4,2188 (35%)$3694 (17%)$3,828--
2014-159 (90%)$5,2536 (60%)$3,9696 (60%)$6,444--
2015-164 (100%)$4,6931 (25%)$7661 (25%)$7,400--
2016-1713 (93%)$5,5465 (36%)$4682 (14%)$2,3506 (43%)$3,248
2017-1814 (93%)$4,5362 (13%)$65010 (67%)$6,926--
2018-198 (100%)$4,0001 (13%)$1,0006 (75%)$4,132--
2019-209 (90%)$4,5605 (50%)$2,1604 (40%)$7,8752 (20%)$1,475
2020-216 (100%)$5,301--3 (50%)$7,4673 (50%)$1,537
2021-226 (100%)$5,301--3 (50%)$7,4673 (50%)$1,537
Average10 (95.78%)$4,8234 (33.14%)$1,3404 (44.22%)$5,9884 (40.75%)$1,949
*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, 10 (95.00 % of students) get any students loan help and its average loan amount is $10.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (100%)$7,31523 (100%)$7,315--
2014-159 (90%)$8,8789 (90%)$8,878--
2015-164 (100%)$8,2254 (100%)$8,225--
2016-1714 (100%)$8,10214 (100%)$8,102--
2017-1815 (100%)$7,65815 (100%)$7,658--
2018-196 (75%)$6,3936 (75%)$6,393--
2019-209 (90%)$6,9679 (90%)$6,967--
2020-216 (100%)$8,6316 (100%)$8,631--
2021-226 (100%)$8,6316 (100%)$8,631--
Average10 (95.00%)$7,86710 (95.00%)$7,867--

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