Scholarships, Grants, and Loan Trends at Southwestern Adventist

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 633, which is 82.11 % of all undergraduate students. 468 students which is 60.67% of undergraduate students received federal student loans and the average loan amount is $7,093.

For full-time, first-time beginning students (freshmen), 98.78% of students received grants or scholarships and 64% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Southwestern Adventist University since 2014.

For that period, the average number of students who received grants aid/scholarships is 633, which is 82.11 % of all undergraduate students. 468 students which is 60.67% of undergraduate students received federal student loans and the average loan amount is $7,093.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15686 (86%)$10,034421 (53%)$4,385537 (67%)$7,306
2015-16677 (87%)$10,630388 (50%)$4,585518 (67%)$7,184
2016-17665 (84%)$11,540407 (52%)$4,672519 (66%)$7,156
2017-18664 (83%)$11,238398 (50%)$4,803490 (61%)$7,066
2018-19605 (84%)$11,369353 (49%)$4,822427 (59%)$6,975
2019-20554 (82%)$11,917325 (48%)$4,869405 (60%)$6,935
2020-21605 (81%)$12,737341 (46%)$4,969430 (58%)$6,896
2021-22637 (76%)$12,406353 (42%)$5,008439 (52%)$7,000
2022-23606 (76%)$13,345310 (39%)$5,323447 (56%)$7,320
Average633 (82.11%)$11,691366 (47.67%)$4,826468 (60.67%)$7,093
*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.

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

For the last 10 years, on average, 132 (98.78 % of students) received grants or scholarships and its average amount is $11,643. It can cover 45.88% of tuition & fees ($25,380).

In addition, 86 (63.89 % of students) students get helped from the students loans (average amount : $6,075).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15159 (97%)$9,626127 (77%)$6,608
2015-16144 (98%)$9,68296 (65%)$6,202
2016-17134 (100%)$10,66095 (71%)$6,142
2017-18128 (100%)$9,71976 (59%)$5,722
2018-19125 (98%)$10,63971 (56%)$7,075
2019-20106 (99%)$11,15275 (70%)$5,932
2020-21137 (100%)$14,82075 (55%)$5,231
2021-22128 (98%)$13,95976 (58%)$6,127
2022-23123 (99%)$14,53479 (64%)$5,636
Average132 (98.78%)$11,64386 (63.89%)$6,075
*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, 73 (54.78 % of students) received Pell (federal) grants and its average amount is $4,867.

In addition, 61 students received State/local government grants/scholarships (46.33 % 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
2014-15103 (63%)$4,61866 (40%)$54962 (38%)$2,620158 (96%)$5,419
2015-1682 (56%)$4,57939 (27%)$41775 (51%)$2,985138 (94%)$5,642
2016-1778 (58%)$4,84960 (45%)$61355 (41%)$2,690134 (100%)$6,458
2017-1865 (51%)$4,84558 (45%)$40952 (41%)$2,935127 (99%)$5,926
2018-1972 (57%)$4,85758 (46%)$41656 (44%)$2,895124 (98%)$6,403
2019-2060 (56%)$4,63458 (54%)$78354 (50%)$3,141106 (99%)$6,500
2020-2166 (48%)$4,93658 (42%)$76560 (44%)$2,653136 (99%)$11,038
2021-2277 (59%)$5,01665 (50%)$59671 (55%)$2,658128 (98%)$9,165
2022-2356 (45%)$5,47151 (41%)$34566 (53%)$2,486122 (98%)$10,653
Average73 (54.78%)$4,86757 (43.33%)$54461 (46.33%)$2,785130 (97.89%)$7,467
*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, 86 (63.89 % of students) get any students loan help and its average loan amount is $86.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15127 (77%)$6,608125 (76%)$6,08918 (11%)$4,337
2015-1696 (65%)$6,20295 (65%)$5,6068 (5%)$7,862
2016-1795 (71%)$6,14294 (70%)$5,7475 (4%)$8,669
2017-1876 (59%)$5,72272 (56%)$5,2925 (4%)$10,778
2018-1971 (56%)$7,07569 (54%)$5,8377 (6%)$14,224
2019-2075 (70%)$5,93274 (69%)$5,1973 (3%)$20,125
2020-2175 (55%)$5,23175 (55%)$4,9953 (2%)$5,902
2021-2276 (58%)$6,12775 (58%)$5,4625 (4%)$11,211
2022-2379 (64%)$5,63679 (64%)$5,2245 (4%)$6,510
Average86 (63.89%)$6,07584 (63.00%)$5,4947 (4.78%)$9,958

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