Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,985, which is 95.67 % of all undergraduate students. 1,665 students which is 80.33% of undergraduate students received federal student loans and the average loan amount is $7,194.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 87% 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 University of Mount Union since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,985, which is 95.67 % of all undergraduate students. 1,665 students which is 80.33% of undergraduate students received federal student loans and the average loan amount is $7,194.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,015 (96%)$15,409694 (33%)$4,1821,567 (75%)$9,982
2014-152,088 (96%)$15,903701 (32%)$4,1951,629 (75%)$7,452
2015-162,020 (98%)$15,805658 (32%)$4,2001,569 (76%)$7,086
2016-172,061 (96%)$17,334638 (30%)$4,2351,846 (86%)$7,003
2017-182,020 (96%)$17,935664 (32%)$4,3501,779 (85%)$6,935
2018-192,016 (91%)$18,852669 (30%)$4,4461,771 (80%)$6,576
2019-201,921 (94%)$19,618637 (31%)$4,5291,720 (85%)$6,590
2020-211,890 (97%)$21,829624 (32%)$4,6251,550 (79%)$6,629
2021-221,833 (97%)$22,014544 (29%)$4,8141,555 (82%)$6,494
Average1,985 (95.67%)$18,300648 (31.22%)$4,3971,665 (80.33%)$7,194
*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, 570 (99.78 % of students) received grants or scholarships and its average amount is $18,740. It can cover 52.94% of tuition & fees ($35,400).

In addition, 498 (87.00 % of students) students get helped from the students loans (average amount : $8,584).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14578 (100%)$14,963443 (77%)$9,475
2014-15633 (100%)$15,334529 (83%)$9,777
2015-16539 (100%)$17,429394 (73%)$10,432
2016-17636 (99%)$17,954606 (94%)$8,619
2017-18537 (100%)$19,179509 (95%)$8,090
2018-19616 (99%)$19,575581 (93%)$7,711
2019-20553 (100%)$20,324509 (92%)$7,648
2020-21549 (100%)$21,440472 (86%)$7,887
2021-22491 (100%)$22,459442 (90%)$7,618
Average570 (99.78%)$18,740498 (87.00%)$8,584
*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, 198 (34.56 % of students) received Pell (federal) grants and its average amount is $4,458.

In addition, 128 students received State/local government grants/scholarships (22.44 % 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
2013-14215 (37%)$4,34715 (3%)$3,499142 (25%)$1,898578 (100%)$12,789
2014-15218 (34%)$4,2053 (0%)$3,767143 (23%)$2,192611 (96%)$13,855
2015-16190 (35%)$4,1076 (1%)$3,708115 (21%)$2,386538 (100%)$15,459
2016-17204 (32%)$4,51621 (3%)$3,778133 (21%)$2,383635 (99%)$15,907
2017-18195 (36%)$4,393--132 (25%)$2,573537 (100%)$16,951
2018-19223 (36%)$4,4352 (0%)$2,802136 (22%)$2,573616 (99%)$17,392
2019-20180 (32%)$4,537119 (21%)$1,555117 (21%)$3,189553 (100%)$17,838
2020-21208 (38%)$4,5383 (1%)$3,764129 (23%)$3,166549 (100%)$18,956
2021-22152 (31%)$5,04449 (10%)$2,101102 (21%)$3,568491 (100%)$19,946
Average198 (34.56%)$4,45827 (6.50%)$3,122128 (22.44%)$2,659568 (99.33%)$16,566
*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, 498 (87.00 % of students) get any students loan help and its average loan amount is $498.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14443 (77%)$9,475443 (77%)$7,07783 (14%)$12,796
2014-15529 (83%)$9,777525 (83%)$7,258118 (19%)$11,535
2015-16394 (73%)$10,432394 (73%)$7,40396 (18%)$12,430
2016-17606 (94%)$8,619602 (94%)$6,334120 (19%)$11,751
2017-18509 (95%)$8,090509 (95%)$6,21490 (17%)$10,613
2018-19581 (93%)$7,711578 (92%)$5,55099 (16%)$12,851
2019-20509 (92%)$7,648506 (91%)$5,42299 (18%)$11,611
2020-21472 (86%)$7,887469 (85%)$5,45495 (17%)$12,260
2021-22442 (90%)$7,618439 (89%)$5,32679 (16%)$13,027
Average498 (87.00%)$8,584496 (86.56%)$6,22698 (17.11%)$12,097

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