Scholarships, Grants, and Loan Trends at Shorter

-1%

Received Percent Changed

$3,389

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 299, which is 90.78 % of all undergraduate students. 255 students which is 78.11% of undergraduate students received federal student loans and the average loan amount is $7,903.

For full-time, first-time beginning students (freshmen), 89.22% of students received grants or scholarships and 74% 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 Shorter College since 2014.

For that period, the average number of students who received grants aid/scholarships is 299, which is 90.78 % of all undergraduate students. 255 students which is 78.11% of undergraduate students received federal student loans and the average loan amount is $7,903.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15361 (90%)$4,100348 (86%)$4,049339 (84%)$7,273
2015-16215 (91%)$5,226211 (89%)$5,108208 (88%)$8,514
2016-17392 (96%)$5,241355 (87%)$5,519186 (46%)$9,062
2017-18512 (98%)$5,979512 (98%)$5,507512 (98%)$8,678
2018-19319 (90%)$4,506309 (88%)$4,190292 (83%)$6,317
2019-20210 (95%)$4,203201 (91%)$3,090178 (81%)$4,833
2020-21195 (87%)$6,372187 (84%)$5,866176 (79%)$8,448
2021-22198 (81%)$6,601196 (80%)$6,480193 (79%)$8,427
2022-23287 (89%)$7,489265 (83%)$6,483209 (65%)$9,577
Average299 (90.78%)$5,524287 (87.33%)$5,144255 (78.11%)$7,903
*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, 57 (89.22 % of students) received grants or scholarships and its average amount is $5,383. It can cover 86.19% of tuition & fees ($6,246).

In addition, 44 (73.56 % of students) students get helped from the students loans (average amount : $7,605).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1536 (84%)$4,11529 (67%)$7,047
2015-1616 (70%)$5,20716 (70%)$7,830
2016-1772 (82%)$5,75314 (16%)$8,168
2017-1877 (99%)$5,64676 (97%)$9,500
2018-1969 (91%)$4,61655 (72%)$5,718
2019-2036 (95%)$4,20036 (95%)$4,613
2020-2140 (89%)$6,60735 (78%)$7,790
2021-2252 (93%)$6,51351 (91%)$8,806
2022-23112 (100%)$5,79285 (76%)$8,977
Average57 (89.22%)$5,38344 (73.56%)$7,605
*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, 54 (85.67 % of students) received Pell (federal) grants and its average amount is $5,070.

In addition, 1 students received State/local government grants/scholarships (2.33 % 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
2014-1534 (79%)$4,041--1 (2%)$7502 (5%)$5,000
2015-1616 (70%)$5,207------
2016-1772 (82%)$5,7068 (9%)$4001 (1%)$213--
2017-1877 (99%)$5,540----12 (15%)$680
2018-1966 (87%)$3,96323 (30%)$313--9 (12%)$5,523
2019-2036 (95%)$3,18032 (84%)$306--10 (26%)$2,691
2020-2137 (82%)$6,10637 (82%)$632--3 (7%)$4,997
2021-2250 (89%)$6,07050 (89%)$4072 (4%)$2,9982 (4%)$4,414
2022-2399 (88%)$5,81932 (29%)$319--25 (22%)$2,496
Average54 (85.67%)$5,07030 (53.83%)$3961 (2.33%)$1,3209 (13.00%)$3,686
*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, 44 (73.56 % of students) get any students loan help and its average loan amount is $44.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1529 (67%)$7,04729 (67%)$7,047--
2015-1616 (70%)$7,83016 (70%)$7,830--
2016-1714 (16%)$8,16814 (16%)$8,168--
2017-1876 (97%)$9,50076 (97%)$9,500--
2018-1955 (72%)$5,71855 (72%)$5,718--
2019-2036 (95%)$4,61336 (95%)$4,613--
2020-2135 (78%)$7,79035 (78%)$7,790--
2021-2251 (91%)$8,80651 (91%)$8,806--
2022-2385 (76%)$8,97785 (76%)$8,977--
Average44 (73.56%)$7,60544 (73.56%)$7,605--

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