Scholarships, Grants, and Loan Trends at Saint Cloud State

-2%

Received Percent Changed

$1,654

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 6,195, which is 53.00 % of all undergraduate students. 4,632 students which is 37.78% of undergraduate students received federal student loans and the average loan amount is $6,732.

For full-time, first-time beginning students (freshmen), 78.44% of students received grants or scholarships and 57% 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 Saint Cloud State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 6,195, which is 53.00 % of all undergraduate students. 4,632 students which is 37.78% of undergraduate students received federal student loans and the average loan amount is $6,732.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-157,011 (49%)$5,0894,241 (29%)$3,8796,694 (47%)$6,678
2015-166,911 (49%)$5,2044,126 (29%)$3,9186,514 (46%)$6,702
2016-176,658 (48%)$5,1943,798 (27%)$3,8956,102 (44%)$6,701
2017-186,359 (48%)$5,4473,655 (28%)$4,0305,418 (41%)$6,673
2018-196,007 (50%)$5,8023,335 (27%)$4,1194,846 (40%)$6,600
2019-206,931 (61%)$5,0192,848 (25%)$4,1034,159 (37%)$6,583
2020-215,643 (55%)$5,7132,434 (24%)$4,1833,206 (31%)$6,673
2021-226,224 (70%)$5,5642,054 (23%)$4,1142,577 (29%)$6,963
2022-234,010 (47%)$6,7431,737 (20%)$4,5332,173 (25%)$7,011
Average6,195 (53.00%)$5,5313,136 (25.78%)$4,0864,632 (37.78%)$6,732
*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, 979 (78.44 % of students) received grants or scholarships and its average amount is $5,743. It can cover 56.06% of tuition & fees ($10,245) based on out-of-state rate.

In addition, 763 (57.11 % of students) students get helped from the students loans (average amount : $8,078).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,123 (68%)$5,1491,077 (65%)$7,277
2015-161,258 (70%)$5,1351,174 (66%)$7,809
2016-171,155 (66%)$5,2161,125 (65%)$8,051
2017-181,061 (73%)$5,553896 (61%)$7,910
2018-191,038 (84%)$5,752780 (63%)$8,138
2019-201,079 (90%)$5,258684 (57%)$8,313
2020-21782 (83%)$6,233464 (49%)$7,974
2021-22771 (98%)$6,042356 (45%)$8,170
2022-23543 (74%)$7,348314 (43%)$9,060
Average979 (78.44%)$5,743763 (57.11%)$8,078
*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, 483 (37.00 % of students) received Pell (federal) grants and its average amount is $4,439.

In addition, 561 students received State/local government grants/scholarships (43.67 % 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
2014-15648 (39%)$4,198149 (9%)$800723 (44%)$1,829601 (36%)$2,695
2015-16701 (39%)$4,179159 (9%)$742773 (43%)$1,948733 (41%)$2,601
2016-17633 (36%)$4,296167 (10%)$743719 (41%)$2,240634 (36%)$2,477
2017-18589 (40%)$4,415161 (11%)$796643 (44%)$2,479595 (41%)$2,637
2018-19505 (41%)$4,445110 (9%)$912596 (48%)$2,630733 (59%)$2,807
2019-20423 (35%)$4,364930 (78%)$807529 (44%)$2,656537 (45%)$3,112
2020-21348 (37%)$4,488557 (59%)$1,069451 (48%)$2,859413 (44%)$3,456
2021-22250 (32%)$4,452767 (98%)$1,704315 (40%)$3,049352 (45%)$3,631
2022-23250 (34%)$5,118181 (25%)$2,300299 (41%)$3,428380 (52%)$3,340
Average483 (37.00%)$4,439353 (34.22%)$1,097561 (43.67%)$2,569553 (44.33%)$2,973
*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, 763 (57.11 % of students) get any students loan help and its average loan amount is $763.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,077 (65%)$7,2771,070 (65%)$5,750230 (14%)$7,325
2015-161,174 (66%)$7,8091,146 (64%)$5,720304 (17%)$8,595
2016-171,125 (65%)$8,0511,113 (64%)$5,888302 (17%)$8,292
2017-18896 (61%)$7,910884 (61%)$5,876222 (15%)$8,526
2018-19780 (63%)$8,138767 (62%)$5,585226 (18%)$9,134
2019-20684 (57%)$8,313671 (56%)$5,544202 (17%)$9,732
2020-21464 (49%)$7,974451 (48%)$5,504114 (12%)$10,683
2021-22356 (45%)$8,170348 (44%)$5,47792 (12%)$10,898
2022-23314 (43%)$9,060303 (41%)$5,78890 (12%)$12,123
Average763 (57.11%)$8,078750 (56.11%)$5,681198 (14.89%)$9,479

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