Scholarships, Grants, and Loan Trends at OPSU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 931, which is 73.56 % of all undergraduate students. 650 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $5,810.
For full-time, first-time beginning students (freshmen), 92.67% of students received grants or scholarships and 72% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Oklahoma Panhandle State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 931, which is 73.56 % of all undergraduate students. 650 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $5,810.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14933 (68%)$4,596561 (41%)$4,009647 (47%)$6,053
2014-15487 (38%)$4,544284 (22%)$3,965321 (25%)$6,785
2015-16902 (73%)$4,606495 (40%)$4,285549 (45%)$6,538
2016-171,103 (91%)$4,114553 (46%)$3,825780 (65%)$5,633
2017-18813 (71%)$5,021490 (43%)$3,959698 (61%)$5,679
2018-19559 (44%)$4,946301 (24%)$4,607455 (36%)$5,858
2019-20956 (77%)$5,555509 (41%)$4,651774 (62%)$5,439
2020-211,336 (100%)$2,828555 (42%)$4,674824 (62%)$4,948
2021-221,290 (100%)$4,974553 (43%)$5,157806 (62%)$5,357
Average931 (73.56%)$4,576478 (38.00%)$4,348650 (51.67%)$5,810

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 216 (92.67 % of students) received grants or scholarships and its average amount is $5,173. It can cover 59.65% of tuition & fees ($8,673) based on out-of-state rate.
In addition, 167 (71.67 % of students) students get helped from the students loans (average amount : $4,924).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14241 (87%)$3,949153 (55%)$4,744
2014-15203 (88%)$4,468131 (56%)$5,104
2015-16195 (87%)$4,205121 (54%)$5,363
2016-17191 (87%)$4,309155 (71%)$4,746
2017-18221 (97%)$5,016184 (80%)$4,633
2018-19221 (94%)$5,459192 (82%)$5,369
2019-20225 (95%)$6,687202 (86%)$6,252
2020-21231 (100%)$6,293185 (80%)$3,554
2021-22214 (99%)$6,175176 (81%)$4,552
Average216 (92.67%)$5,173167 (71.67%)$4,924
*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, 130 (56.22 % of students) received Pell (federal) grants and its average amount is $4,624.
In addition, 28 students received State/local government grants/scholarships (12.00 % 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
2013-14140 (51%)$3,99310 (4%)$78339 (14%)$2,031196 (71%)$1,559
2014-15129 (56%)$4,40716 (7%)$45328 (12%)$3,056158 (68%)$1,555
2015-16113 (50%)$4,1967 (3%)$32130 (13%)$3,212153 (68%)$1,615
2016-17102 (47%)$4,0309 (4%)$71723 (11%)$2,986159 (73%)$2,119
2017-18134 (59%)$3,91616 (7%)$1,06030 (13%)$3,344179 (78%)$2,607
2018-19138 (59%)$5,0858 (3%)$81925 (11%)$3,301186 (79%)$2,235
2019-20141 (60%)$5,235114 (48%)$80840 (17%)$3,566190 (81%)$2,798
2020-21140 (61%)$5,341231 (100%)$82126 (11%)$3,616178 (77%)$2,371
2021-22137 (63%)$5,414214 (99%)$69414 (6%)$3,479138 (64%)$2,771
Average130 (56.22%)$4,62469 (30.56%)$72028 (12.00%)$3,177171 (73.22%)$2,181
*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, 167 (71.67 % of students) get any students loan help and its average loan amount is $167.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14153 (55%)$4,744152 (55%)$4,7521 (0%)$3,500
2014-15131 (56%)$5,104131 (56%)$5,0292 (1%)$4,966
2015-16121 (54%)$5,363117 (52%)$4,9458 (4%)$8,793
2016-17155 (71%)$4,746155 (71%)$4,3588 (4%)$7,523
2017-18184 (80%)$4,633183 (80%)$4,4775 (2%)$6,632
2018-19192 (82%)$5,369190 (81%)$5,2006 (3%)$7,168
2019-20202 (86%)$6,252201 (85%)$5,88112 (5%)$6,727
2020-21185 (80%)$3,554185 (80%)$3,2239 (4%)$6,798
2021-22176 (81%)$4,552176 (81%)$4,3376 (3%)$6,298
Average167 (71.67%)$4,924166 (71.22%)$4,6896 (3.25%)$6,489
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