Scholarships, Grants, and Loan Trends at Francis Marion

-10%

Received Percent Changed

-$206

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,687, which is 74.33 % of all undergraduate students. 2,268 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,927.

For full-time, first-time beginning students (freshmen), 98.00% of students received grants or scholarships and 75% of students received student loans.

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 2,687, which is 74.33 % of all undergraduate students. 2,268 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,927.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,866 (80%)$9,8872,049 (57%)$4,4392,834 (79%)$6,789
2015-162,879 (80%)$9,3091,996 (56%)$4,4942,809 (78%)$6,347
2016-172,822 (79%)$9,0431,929 (54%)$4,4042,758 (77%)$6,172
2017-182,690 (78%)$9,2061,859 (54%)$4,5912,635 (76%)$6,159
2018-192,209 (58%)$6,6231,831 (48%)$5,0132,169 (57%)$8,734
2019-202,838 (75%)$9,1071,778 (47%)$5,0502,012 (53%)$7,078
2020-212,808 (77%)$9,2031,688 (46%)$5,1421,879 (52%)$6,898
2021-222,519 (72%)$9,0401,555 (45%)$5,0201,748 (50%)$7,701
2022-232,549 (70%)$9,6811,412 (39%)$5,5041,571 (43%)$6,463
Average2,687 (74.33%)$9,0111,789 (49.56%)$4,8512,268 (62.78%)$6,927
*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, 694 (98.00 % of students) received grants or scholarships and its average amount is $9,570. It can cover 44.42% of tuition & fees ($21,544) based on out-of-state rate.

In addition, 533 (75.11 % of students) students get helped from the students loans (average amount : $5,547).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15743 (98%)$8,504689 (91%)$5,389
2015-16724 (98%)$8,348650 (88%)$5,007
2016-17723 (99%)$8,296642 (88%)$4,716
2017-18680 (99%)$8,948623 (91%)$4,629
2018-19696 (96%)$9,433502 (69%)$6,263
2019-20695 (98%)$10,625478 (68%)$6,219
2020-21697 (98%)$10,192428 (60%)$5,936
2021-22686 (98%)$10,108395 (57%)$5,992
2022-23599 (98%)$11,674391 (64%)$5,775
Average694 (98.00%)$9,570533 (75.11%)$5,547
*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, 429 (60.56 % of students) received Pell (federal) grants and its average amount is $5,126.

In addition, 642 students received State/local government grants/scholarships (91.00 % 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
2014-15487 (64%)$4,73167 (9%)$604688 (91%)$4,362210 (28%)$4,635
2015-16466 (63%)$4,79786 (12%)$441672 (91%)$4,266192 (26%)$4,708
2016-17432 (59%)$4,75199 (14%)$388669 (92%)$4,440199 (27%)$4,709
2017-18414 (60%)$4,96550 (7%)$840615 (89%)$4,717176 (26%)$6,173
2018-19437 (60%)$5,19827 (4%)$1,491646 (89%)$4,701229 (32%)$5,314
2019-20442 (63%)$5,134506 (72%)$887639 (91%)$4,637288 (41%)$5,914
2020-21408 (57%)$5,456586 (83%)$1,186651 (92%)$4,780266 (37%)$4,025
2021-22403 (58%)$5,2758 (1%)$1,000639 (92%)$5,482328 (47%)$3,956
2022-23372 (61%)$5,82971 (12%)$506563 (92%)$6,007284 (46%)$4,952
Average429 (60.56%)$5,126167 (23.78%)$816642 (91.00%)$4,821241 (34.44%)$4,932
*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, 533 (75.11 % of students) get any students loan help and its average loan amount is $533.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15689 (91%)$5,389685 (91%)$5,29722 (3%)$3,856
2015-16650 (88%)$5,007650 (88%)$4,93512 (2%)$3,908
2016-17642 (88%)$4,716642 (88%)$4,49227 (4%)$5,330
2017-18623 (91%)$4,629623 (91%)$4,35624 (3%)$7,062
2018-19502 (69%)$6,263500 (69%)$5,95823 (3%)$7,172
2019-20478 (68%)$6,219476 (67%)$6,00915 (2%)$7,476
2020-21428 (60%)$5,936420 (59%)$5,57926 (4%)$7,593
2021-22395 (57%)$5,992391 (56%)$5,57519 (3%)$9,834
2022-23391 (64%)$5,775389 (64%)$5,44423 (4%)$6,113
Average533 (75.11%)$5,547531 (74.78%)$5,29421 (3.11%)$6,483

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