Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,074, which is 80.89 % of all undergraduate students. 652 students which is 49.44% of undergraduate students received federal student loans and the average loan amount is $7,117.

For full-time, first-time beginning students (freshmen), 82.67% of students received grants or scholarships and 52% 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 The Master's University and Seminary since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,074, which is 80.89 % of all undergraduate students. 652 students which is 49.44% of undergraduate students received federal student loans and the average loan amount is $7,117.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14915 (82%)$16,926300 (27%)$4,308575 (52%)$6,728
2014-15972 (82%)$17,185362 (30%)$4,057641 (54%)$6,781
2015-16961 (85%)$17,273365 (32%)$3,862646 (57%)$6,494
2016-171,107 (82%)$16,499409 (30%)$3,609700 (52%)$6,485
2017-181,143 (85%)$16,322439 (33%)$3,851702 (52%)$6,685
2018-191,112 (81%)$10,980441 (32%)$4,062660 (48%)$6,443
2019-201,135 (87%)$10,362422 (32%)$3,971659 (50%)$6,163
2020-211,167 (71%)$11,951405 (25%)$4,145661 (40%)$9,313
2021-221,158 (73%)$14,731392 (25%)$4,304626 (40%)$8,959
Average1,074 (80.89%)$14,692393 (29.56%)$4,019652 (49.44%)$7,117
*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, 180 (82.67 % of students) received grants or scholarships and its average amount is $15,197. It can cover 41.15% of tuition & fees ($36,930).

In addition, 111 (51.56 % of students) students get helped from the students loans (average amount : $7,418).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14181 (96%)$15,226114 (61%)$6,528
2014-15176 (91%)$18,725112 (58%)$8,827
2015-16190 (95%)$17,348124 (62%)$7,472
2016-17165 (98%)$18,498103 (61%)$6,405
2017-18154 (96%)$19,67698 (61%)$6,390
2018-19135 (60%)$10,01680 (36%)$8,322
2019-20181 (91%)$11,557113 (57%)$8,478
2020-21221 (55%)$12,713137 (34%)$7,220
2021-22214 (62%)$13,010117 (34%)$7,124
Average180 (82.67%)$15,197111 (51.56%)$7,418
*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, 54 (25.44 % of students) received Pell (federal) grants and its average amount is $4,413.

In addition, 40 students received State/local government grants/scholarships (18.67 % 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
2013-1449 (26%)$4,44216 (9%)$87542 (22%)$8,359177 (94%)$12,278
2014-1569 (36%)$4,30213 (7%)$96245 (23%)$8,093176 (91%)$14,899
2015-1648 (24%)$4,37414 (7%)$92941 (20%)$8,792182 (91%)$14,905
2016-1752 (31%)$4,0259 (5%)$94431 (18%)$8,067164 (98%)$15,758
2017-1849 (31%)$4,21217 (11%)$86840 (25%)$8,435152 (95%)$16,260
2018-1943 (19%)$4,68317 (8%)$82431 (14%)$7,649135 (60%)$6,664
2019-2059 (30%)$4,31325 (13%)$65041 (21%)$7,868177 (89%)$8,466
2020-2175 (19%)$4,94534 (9%)$81651 (13%)$7,255204 (51%)$10,005
2021-2245 (13%)$4,42129 (8%)$84542 (12%)$8,750213 (62%)$10,297
Average54 (25.44%)$4,41319 (8.56%)$85740 (18.67%)$8,141176 (81.22%)$12,170
*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, 111 (51.56 % of students) get any students loan help and its average loan amount is $111.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14114 (61%)$6,528114 (61%)$5,5478 (4%)$13,987
2014-15112 (58%)$8,827112 (58%)$7,54612 (6%)$11,957
2015-16124 (62%)$7,472124 (62%)$5,31618 (9%)$14,851
2016-17103 (61%)$6,405103 (61%)$5,3209 (5%)$12,408
2017-1898 (61%)$6,39098 (61%)$5,2099 (6%)$12,854
2018-1980 (36%)$8,32279 (35%)$5,35117 (8%)$14,293
2019-20113 (57%)$8,478113 (57%)$5,06022 (11%)$17,551
2020-21137 (34%)$7,220137 (34%)$5,27317 (4%)$15,688
2021-22117 (34%)$7,124117 (34%)$5,22214 (4%)$15,892
Average111 (51.56%)$7,418111 (51.44%)$5,53814 (6.33%)$14,387

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