Scholarships, Grants, and Loan Trends at Shaw

-5%

Received Percent Changed

$4,322

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,227, which is 91.22 % of all undergraduate students. 1,080 students which is 78.33% of undergraduate students received federal student loans and the average loan amount is $7,222.

For full-time, first-time beginning students (freshmen), 96.78% of students received grants or scholarships and 82% 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 Shaw University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,227, which is 91.22 % of all undergraduate students. 1,080 students which is 78.33% of undergraduate students received federal student loans and the average loan amount is $7,222.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,567 (94%)$9,8561,347 (81%)$4,5721,554 (93%)$8,118
2015-161,433 (95%)$10,6151,234 (82%)$4,6841,395 (92%)$7,631
2016-171,618 (94%)$10,3071,400 (82%)$4,7601,519 (89%)$7,456
2017-181,488 (96%)$10,9821,219 (79%)$4,9121,342 (87%)$7,308
2018-191,223 (94%)$10,685976 (75%)$5,0471,123 (86%)$7,558
2019-201,091 (93%)$11,627876 (75%)$5,019938 (80%)$7,597
2020-211,064 (92%)$13,401809 (70%)$5,115764 (66%)$6,447
2021-22735 (74%)$15,202557 (56%)$5,547541 (54%)$6,637
2022-23820 (89%)$14,178602 (65%)$5,438540 (58%)$6,245
Average1,227 (91.22%)$11,8731,002 (73.89%)$5,0101,080 (78.33%)$7,222
*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, 351 (96.78 % of students) received grants or scholarships and its average amount is $12,462. It can cover 70.25% of tuition & fees ($17,738).

In addition, 310 (82.11 % of students) students get helped from the students loans (average amount : $6,611).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15456 (99%)$10,600442 (96%)$7,683
2015-16390 (98%)$11,074365 (91%)$7,036
2016-17625 (98%)$10,922577 (90%)$7,011
2017-18482 (99%)$10,634431 (88%)$6,633
2018-19376 (96%)$10,550353 (91%)$6,913
2019-20246 (98%)$11,914232 (92%)$6,581
2020-21272 (99%)$15,344193 (70%)$6,113
2021-22122 (87%)$15,54897 (69%)$5,720
2022-23188 (97%)$15,568101 (52%)$5,811
Average351 (96.78%)$12,462310 (82.11%)$6,611
*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, 304 (82.44 % of students) received Pell (federal) grants and its average amount is $5,195.

In addition, 201 students received State/local government grants/scholarships (53.78 % 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
2014-15416 (90%)$4,632234 (51%)$1,706316 (69%)$3,884407 (88%)$3,146
2015-16355 (89%)$4,888176 (44%)$1,821257 (64%)$4,366336 (84%)$3,395
2016-17550 (86%)$5,060201 (31%)$1,875413 (65%)$4,384539 (84%)$3,444
2017-18411 (84%)$4,930236 (48%)$1,781209 (43%)$4,341458 (94%)$3,869
2018-19324 (83%)$5,148191 (49%)$1,856179 (46%)$4,578225 (58%)$4,999
2019-20214 (85%)$5,170132 (53%)$2,125159 (63%)$5,186137 (55%)$5,251
2020-21225 (82%)$5,378183 (66%)$2,374141 (51%)$6,154214 (78%)$7,763
2021-2293 (66%)$5,76580 (57%)$2,26955 (39%)$5,959105 (74%)$8,109
2022-23148 (77%)$5,786111 (58%)$2,16084 (44%)$5,871174 (90%)$7,688
Average304 (82.44%)$5,195172 (50.78%)$1,996201 (53.78%)$4,969288 (78.33%)$5,296
*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, 310 (82.11 % of students) get any students loan help and its average loan amount is $310.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15442 (96%)$7,683442 (96%)$7,5158 (2%)$9,302
2015-16365 (91%)$7,036364 (91%)$6,80311 (3%)$8,342
2016-17577 (90%)$7,011576 (90%)$6,8947 (1%)$10,656
2017-18431 (88%)$6,633430 (88%)$6,5535 (1%)$8,248
2018-19353 (91%)$6,913353 (91%)$6,7636 (2%)$8,786
2019-20232 (92%)$6,581232 (92%)$6,4724 (2%)$6,348
2020-21193 (70%)$6,113192 (70%)$5,8584 (1%)$13,812
2021-2297 (69%)$5,72097 (69%)$5,6921 (1%)$2,679
2022-23101 (52%)$5,811100 (52%)$5,4253 (2%)$14,815
Average310 (82.11%)$6,611310 (82.11%)$6,4425 (1.67%)$9,221

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