For the academic year 2022-2023, total 414 full-time, first-time students (95% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,341 students (84% of all students) received grants or scholarships and the average grant amount is $18,297. In addition, 822 students received student loans and the average loan amount is $6,299.
Below tables show the number and amount by source of financial aid at Grace College and Theological Seminary.
For all undergraduate students, total 1,341 students (84% of all students) received grants or scholarships and the average grant amount is $18,297. In addition, 822 students received student loans and the average loan amount is $6,299.
Below tables show the number and amount by source of financial aid at Grace College and Theological Seminary.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,341 | 84% | $18,297 |
| Pell Grants | 482 | 30% | $5,069 |
| Federal Student Loans | 822 | 51% | $6,299 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 414 | 95% | - |
| Grants or Scholarship from All Sources | 407 | 93% | $21,252 |
| Federal Grants | 161 | 37% | $5,943 |
| Pell Grants | 160 | 37% | $5,429 |
| Other Federal Grants | 93 | 21% | $948 |
| State/Local Grants | 154 | 35% | $7,597 |
| Institutional Grants | 403 | 92% | $16,186 |
| Student Loans | 262 | 60% | $6,586 |
| Federal Student Loans | 262 | 60% | $5,366 |
| Other Student Loans | 28 | 6% | $11,418 |
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