Number Received Financial Aid (All Undergraduate)
832
Percent Received Financial Aid(All Undergraduate)
95%
Average Aid Amount
$24,643
Number Received Financial Aid (Freshmen)
250
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Covenant
For the academic year 2021-2022, a total of 832 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $24,643. For freshmen (Full-time, first-time degree-seeking undergraduate students), 250 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Covenant College is $40,464, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 832 students (95% of all students) have received grants or scholarships and the average received aid amount is $24,643. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Covenant College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 832 | 95% | $24,643 |
| Pell Grants | 177 | 20% | $4,449 |
| Federal Student Loans | 399 | 46% | $5,976 |
Beginning Students Financial Aid
a total of 250 beginning students (100% of all freshmen) have received any financial aid and 249 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Covenant College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 250 | 100% | - |
| Grants or Scholarship from All Sources | 249 | 100% | $26,658 |
| Federal Grants | 52 | 21% | $6,433 |
| Pell Grants | 52 | 21% | $4,626 |
| Other Federal Grants | 24 | 10% | $3,917 |
| State/Local Grants | 84 | 34% | $4,935 |
| Institutional Grants | 245 | 98% | $24,036 |
| Student Loans | 123 | 49% | $7,996 |
| Federal Student Loans | 122 | 49% | $5,260 |
| Other Student Loans | 22 | 9% | $15,535 |
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