Over the past 6 years (2019-2023), the average number of students who received grants aid/scholarships is 314, which is 77.40 % of all undergraduate students. 255 students which is 64.80% of undergraduate students received federal student loans and the average loan amount is $5,005.
For full-time, first-time beginning students (freshmen), 82.80% of students received grants or scholarships and 71% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Southern Careers Institute-Waco since 2018.
For that period, the average number of students who received grants aid/scholarships is 314, which is 77.40 % of all undergraduate students. 255 students which is 64.80% of undergraduate students received federal student loans and the average loan amount is $5,005.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 53 (75%) | $3,190 | 52 (73%) | $3,041 | 51 (72%) | $4,610 |
| 2019-20 | 398 (92%) | $4,209 | 391 (91%) | $3,841 | 354 (82%) | $5,713 |
| 2020-21 | 416 (79%) | $3,421 | 345 (65%) | $3,621 | 342 (65%) | $5,065 |
| 2021-22 | 352 (67%) | $3,377 | 302 (57%) | $3,628 | 284 (54%) | $4,627 |
| 2022-23 | 353 (74%) | $3,372 | 307 (64%) | $3,646 | 245 (51%) | $5,008 |
| Average | 314 (77.40%) | $3,514 | 279 (70.00%) | $3,555 | 255 (64.80%) | $5,005 |
For the last 6 years, on average, 247 (82.80 % of students) received grants or scholarships and its average amount is $3,580. It can cover 19.40% of tuition & fees ($18,450).
In addition, 204 (70.80 % of students) students get helped from the students loans (average amount : $5,208).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 18 (72%) | $3,191 | 19 (76%) | $4,750 |
| 2019-20 | 348 (93%) | $4,226 | 303 (81%) | $6,008 |
| 2020-21 | 368 (84%) | $3,396 | 307 (70%) | $5,206 |
| 2021-22 | 274 (77%) | $3,369 | 224 (63%) | $4,840 |
| 2022-23 | 225 (88%) | $3,716 | 165 (64%) | $5,234 |
| Average | 247 (82.80%) | $3,580 | 204 (70.80%) | $5,208 |
The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 225 (77.20 % of students) received Pell (federal) grants and its average amount is $3,599.
In addition, 1 students received State/local government grants/scholarships (0.00 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 18 (72%) | $3,158 | 2 (8%) | $300 | - | - | - | - |
| 2019-20 | 343 (92%) | $3,885 | 39 (10%) | $265 | 1 (0%) | $10,966 | 86 (23%) | $1,356 |
| 2020-21 | 308 (70%) | $3,634 | 25 (6%) | $210 | - | - | 162 (37%) | $773 |
| 2021-22 | 239 (67%) | $3,561 | 81 (23%) | $281 | - | - | 77 (22%) | $638 |
| 2022-23 | 218 (85%) | $3,757 | 15 (6%) | $200 | - | - | 13 (5%) | $1,068 |
| Average | 225 (77.20%) | $3,599 | 32 (10.60%) | $251 | 1 (0.00%) | $10,966 | 85 (21.75%) | $959 |
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 6 years, on average, 204 (70.80 % of students) get any students loan help and its average loan amount is $204.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 19 (76%) | $4,750 | 19 (76%) | $4,750 | - | - |
| 2019-20 | 303 (81%) | $6,008 | 300 (80%) | $5,953 | 5 (1%) | $6,885 |
| 2020-21 | 307 (70%) | $5,206 | 307 (70%) | $5,196 | 2 (0%) | $1,565 |
| 2021-22 | 224 (63%) | $4,840 | 224 (63%) | $4,788 | 4 (1%) | $2,908 |
| 2022-23 | 165 (64%) | $5,234 | 165 (64%) | $5,234 | - | - |
| Average | 204 (70.80%) | $5,208 | 203 (70.60%) | $5,184 | 4 (1.00%) | $3,786 |
Share your experiences and thoughts about Southern Careers Institute-Waco. It will be a great help to applicants and prospective students!