Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 224, which is 78.78 % of all undergraduate students. 220 students which is 77.44% of undergraduate students received federal student loans and the average loan amount is $7,518.

For full-time, first-time beginning students (freshmen), 87.44% of students received grants or scholarships and 94% 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 Meridian College since 2013.

For that period, the average number of students who received grants aid/scholarships is 224, which is 78.78 % of all undergraduate students. 220 students which is 77.44% of undergraduate students received federal student loans and the average loan amount is $7,518.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14238 (98%)$3,374225 (93%)$3,545238 (98%)$7,508
2014-15232 (91%)$5,424228 (89%)$5,444208 (81%)$7,775
2015-16214 (81%)$5,536211 (80%)$5,550206 (78%)$6,887
2016-17234 (77%)$5,815234 (77%)$5,618243 (80%)$8,452
2017-18268 (72%)$5,889268 (72%)$5,819254 (68%)$7,785
2018-19258 (74%)$5,517258 (74%)$5,303245 (70%)$7,389
2019-20214 (77%)$5,577214 (77%)$5,313210 (75%)$7,452
2020-21211 (76%)$5,595211 (76%)$5,314207 (75%)$8,014
2021-22151 (63%)$4,853147 (62%)$4,480173 (72%)$6,397
Average224 (78.78%)$5,287222 (77.78%)$5,154220 (77.44%)$7,518
*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, 143 (87.44 % of students) received grants or scholarships and its average amount is $5,639. It can cover 14.80% of tuition & fees ($38,100).

In addition, 153 (93.89 % of students) students get helped from the students loans (average amount : $7,364).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14121 (74%)$5,309160 (98%)$5,615
2014-15137 (90%)$5,548149 (97%)$6,295
2015-16118 (87%)$5,820129 (96%)$6,325
2016-17124 (87%)$5,872138 (97%)$7,538
2017-18224 (95%)$5,624224 (95%)$7,523
2018-19192 (97%)$5,757192 (97%)$7,648
2019-20155 (97%)$5,957155 (97%)$7,707
2020-21151 (98%)$6,137151 (98%)$8,014
2021-2269 (62%)$4,72578 (70%)$9,609
Average143 (87.44%)$5,639153 (93.89%)$7,364
*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, 143 (87.11 % of students) received Pell (federal) grants and its average amount is $5,498.

In addition, 8 students received State/local government grants/scholarships (5.89 % 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
2013-14119 (73%)$5,352--2 (1%)$2,729--
2014-15137 (90%)$5,436--7 (5%)$2,201--
2015-16118 (87%)$5,705--6 (4%)$2,258--
2016-17124 (87%)$5,620--14 (10%)$2,229--
2017-18224 (95%)$5,602--2 (1%)$2,500--
2018-19192 (97%)$5,702--4 (2%)$2,610--
2019-20155 (97%)$5,856--6 (4%)$2,610--
2020-21151 (98%)$5,992--8 (5%)$2,750--
2021-2267 (60%)$4,214--23 (21%)$1,900--
Average143 (87.11%)$5,498--8 (5.89%)$2,421--
*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, 153 (93.89 % of students) get any students loan help and its average loan amount is $153.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14160 (98%)$5,615160 (98%)$5,615--
2014-15149 (97%)$6,295149 (97%)$6,295--
2015-16129 (96%)$6,325129 (96%)$6,325--
2016-17138 (97%)$7,538138 (97%)$7,538--
2017-18224 (95%)$7,523224 (95%)$7,523--
2018-19192 (97%)$7,648192 (97%)$7,648--
2019-20155 (97%)$7,707155 (97%)$7,707--
2020-21151 (98%)$8,014151 (98%)$8,014--
2021-2278 (70%)$9,60978 (70%)$9,609--
Average153 (93.89%)$7,364153 (93.89%)$7,364--

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