Scholarships, Grants, and Loan Trends at Saginaw Valley State

5%

Received Percent Changed

$2,420

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 6,169, which is 80.22 % of all undergraduate students. 4,521 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $6,864.

For full-time, first-time beginning students (freshmen), 92.56% of students received grants or scholarships and 61% 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 Saginaw Valley State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 6,169, which is 80.22 % of all undergraduate students. 4,521 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $6,864.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-156,911 (77%)$6,0283,657 (41%)$3,9246,584 (74%)$8,097
2015-166,168 (70%)$6,2523,166 (36%)$4,0385,336 (61%)$6,710
2016-176,270 (75%)$7,1942,899 (35%)$4,0914,562 (55%)$7,379
2017-185,677 (72%)$7,1852,762 (35%)$4,3024,858 (62%)$7,557
2018-196,751 (87%)$6,3662,704 (35%)$4,4434,619 (60%)$6,509
2019-205,686 (76%)$7,8652,587 (35%)$4,5894,290 (57%)$6,680
2020-216,470 (90%)$6,8622,299 (32%)$4,3683,742 (52%)$6,214
2021-226,290 (93%)$8,7402,305 (34%)$4,8263,385 (50%)$6,521
2022-235,301 (82%)$8,4482,094 (32%)$4,6603,312 (51%)$6,108
Average6,169 (80.22%)$7,2162,719 (35.00%)$4,3604,521 (58.00%)$6,864
*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, 1,299 (92.56 % of students) received grants or scholarships and its average amount is $7,322. It can cover 24.05% of tuition & fees ($30,450) based on out-of-state rate.

In addition, 856 (60.78 % of students) students get helped from the students loans (average amount : $6,453).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,238 (83%)$5,4101,028 (69%)$7,925
2015-161,395 (90%)$5,182908 (58%)$6,007
2016-171,143 (85%)$6,393891 (66%)$7,058
2017-181,028 (84%)$6,450783 (64%)$6,378
2018-191,539 (98%)$7,022998 (64%)$6,025
2019-201,407 (97%)$7,561896 (61%)$6,262
2020-211,328 (98%)$7,607736 (55%)$6,104
2021-221,320 (100%)$10,663719 (54%)$6,170
2022-231,297 (98%)$9,611743 (56%)$6,146
Average1,299 (92.56%)$7,322856 (60.78%)$6,453
*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, 512 (36.33 % of students) received Pell (federal) grants and its average amount is $4,609.

In addition, 132 students received State/local government grants/scholarships (9.22 % 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
2014-15586 (39%)$4,18414 (1%)$1,222209 (14%)$834885 (60%)$4,581
2015-16516 (33%)$4,25528 (2%)$1,590184 (12%)$8091,240 (80%)$3,903
2016-17482 (36%)$4,36520 (1%)$1,380221 (16%)$8261,006 (75%)$4,963
2017-18435 (36%)$4,44938 (3%)$1,31297 (8%)$1,266921 (76%)$4,911
2018-19568 (36%)$4,61611 (1%)$1,384107 (7%)$1,1951,495 (95%)$5,379
2019-20561 (38%)$4,85331 (2%)$1,706196 (13%)$1,3671,400 (96%)$5,425
2020-21467 (35%)$4,5501,226 (91%)$81974 (5%)$1,3691,301 (96%)$5,283
2021-22523 (39%)$5,1161,279 (96%)$1,77251 (4%)$1,8771,123 (85%)$8,047
2022-23469 (35%)$5,09450 (4%)$1,70553 (4%)$2,1421,297 (98%)$7,616
Average512 (36.33%)$4,609300 (22.33%)$1,432132 (9.22%)$1,2981,185 (84.56%)$5,568
*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, 856 (60.78 % of students) get any students loan help and its average loan amount is $856.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,028 (69%)$7,9251,026 (69%)$7,34282 (6%)$7,495
2015-16908 (58%)$6,007904 (58%)$5,27984 (5%)$8,121
2016-17891 (66%)$7,058891 (66%)$6,14491 (7%)$8,958
2017-18783 (64%)$6,378772 (63%)$5,27298 (8%)$9,430
2018-19998 (64%)$6,025993 (63%)$5,124117 (7%)$7,904
2019-20896 (61%)$6,262885 (61%)$5,37887 (6%)$9,777
2020-21736 (55%)$6,104724 (54%)$5,13884 (6%)$9,204
2021-22719 (54%)$6,170710 (54%)$5,30961 (5%)$10,936
2022-23743 (56%)$6,146733 (55%)$5,12080 (6%)$10,171
Average856 (60.78%)$6,453849 (60.33%)$5,56787 (6.22%)$9,111

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