Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,309, which is 72.78 % of all undergraduate students. 931 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $7,236.

For full-time, first-time beginning students (freshmen), 99.33% of students received grants or scholarships and 69% 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 Thomas More University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,309, which is 72.78 % of all undergraduate students. 931 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $7,236.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,108 (74%)$20,116377 (25%)$4,130808 (54%)$8,018
2014-151,183 (79%)$21,579436 (29%)$4,195892 (59%)$8,120
2015-161,208 (70%)$21,678446 (26%)$4,017892 (52%)$7,702
2016-171,302 (71%)$22,210457 (25%)$4,055939 (52%)$6,952
2017-181,261 (67%)$18,485498 (26%)$4,226952 (51%)$7,008
2018-191,452 (71%)$19,612620 (30%)$4,2411,070 (52%)$6,896
2019-201,385 (68%)$20,178527 (26%)$4,211996 (49%)$6,818
2020-211,450 (77%)$21,677531 (28%)$4,561954 (50%)$6,959
2021-221,433 (78%)$23,139501 (27%)$4,647878 (48%)$6,648
Average1,309 (72.78%)$20,964488 (26.89%)$4,254931 (51.89%)$7,236
*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, 356 (99.33 % of students) received grants or scholarships and its average amount is $20,358. It can cover 54.07% of tuition & fees ($37,650).

In addition, 247 (69.44 % of students) students get helped from the students loans (average amount : $7,027).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14260 (98%)$17,639188 (71%)$7,497
2014-15271 (98%)$19,214219 (79%)$7,302
2015-16274 (99%)$18,574199 (72%)$7,227
2016-17412 (100%)$18,675296 (71%)$6,964
2017-18347 (99%)$20,054261 (75%)$6,554
2018-19484 (100%)$20,867336 (69%)$6,938
2019-20366 (100%)$21,027242 (66%)$7,213
2020-21405 (100%)$23,335246 (61%)$6,747
2021-22384 (100%)$23,834233 (61%)$6,805
Average356 (99.33%)$20,358247 (69.44%)$7,027
*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, 142 (39.56 % of students) received Pell (federal) grants and its average amount is $4,321.

In addition, 195 students received State/local government grants/scholarships (53.44 % 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
2013-1493 (35%)$4,18256 (21%)$698119 (45%)$3,032258 (98%)$14,718
2014-15116 (42%)$4,35664 (23%)$570128 (46%)$3,849267 (97%)$15,628
2015-16111 (40%)$4,10656 (20%)$767134 (49%)$3,976271 (98%)$14,974
2016-17157 (38%)$3,95479 (19%)$697224 (54%)$3,825409 (99%)$15,065
2017-18162 (46%)$4,39246 (13%)$701204 (58%)$4,072347 (99%)$15,516
2018-19218 (45%)$4,39382 (17%)$459282 (58%)$4,289484 (100%)$16,312
2019-20128 (35%)$4,30175 (20%)$610203 (55%)$3,872364 (99%)$17,345
2020-21157 (39%)$4,538328 (81%)$789253 (62%)$4,128404 (100%)$18,404
2021-22137 (36%)$4,66640 (10%)$645209 (54%)$3,987383 (100%)$19,984
Average142 (39.56%)$4,32192 (24.89%)$660195 (53.44%)$3,892354 (98.89%)$16,438
*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, 247 (69.44 % of students) get any students loan help and its average loan amount is $247.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14188 (71%)$7,497187 (71%)$6,37827 (10%)$8,027
2014-15219 (79%)$7,302218 (79%)$6,16128 (10%)$9,148
2015-16199 (72%)$7,227196 (71%)$5,85628 (10%)$10,374
2016-17296 (71%)$6,964294 (71%)$5,56236 (9%)$11,839
2017-18261 (75%)$6,554259 (74%)$5,45429 (8%)$10,274
2018-19336 (69%)$6,938328 (68%)$5,66237 (8%)$12,812
2019-20242 (66%)$7,213241 (66%)$5,45341 (11%)$10,521
2020-21246 (61%)$6,747240 (59%)$5,64232 (8%)$9,553
2021-22233 (61%)$6,805228 (59%)$5,42146 (12%)$7,601
Average247 (69.44%)$7,027243 (68.67%)$5,73234 (9.56%)$10,017

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