For the academic year 2022-2023, total 414 full-time, first-time students (100% 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 1,385 students (91% of all students) received grants or scholarships and the average grant amount is $24,270. In addition, 848 students received student loans and the average loan amount is $6,438.
Below tables show the number and amount by source of financial aid at Methodist University.
For all undergraduate students, total 1,385 students (91% of all students) received grants or scholarships and the average grant amount is $24,270. In addition, 848 students received student loans and the average loan amount is $6,438.
Below tables show the number and amount by source of financial aid at Methodist University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,385 | 91% | $24,270 |
| Pell Grants | 587 | 39% | $4,752 |
| Federal Student Loans | 848 | 56% | $6,438 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 414 | 100% | - |
| Grants or Scholarship from All Sources | 413 | 99% | $25,361 |
| Federal Grants | 187 | 45% | $5,543 |
| Pell Grants | 187 | 45% | $4,793 |
| Other Federal Grants | 47 | 11% | $2,983 |
| State/Local Grants | 171 | 41% | $5,928 |
| Institutional Grants | 402 | 97% | $20,955 |
| Student Loans | 297 | 71% | $6,823 |
| Federal Student Loans | 291 | 70% | $5,401 |
| Other Student Loans | 33 | 8% | $13,780 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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