Scholarships, Grants, and Loan Trends at South University-Virginia Beach

5%

Received Percent Changed

$2,213

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 354, which is 85.89 % of all undergraduate students. 219 students which is 50.67% of undergraduate students received federal student loans and the average loan amount is $8,604.

For full-time, first-time beginning students (freshmen), 96.22% of students received grants or scholarships and 70% 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 South University-Virginia Beach since 2014.

For that period, the average number of students who received grants aid/scholarships is 354, which is 85.89 % of all undergraduate students. 219 students which is 50.67% of undergraduate students received federal student loans and the average loan amount is $8,604.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15621 (86%)$4,150492 (68%)$3,273464 (64%)$7,779
2015-16462 (81%)$4,686387 (68%)$3,298326 (57%)$7,608
2016-17448 (86%)$4,756351 (67%)$3,372273 (52%)$7,715
2017-18390 (86%)$5,612288 (64%)$3,945218 (48%)$10,525
2018-19338 (92%)$5,946223 (60%)$4,129177 (48%)$9,941
2019-20272 (87%)$5,659174 (56%)$3,707152 (49%)$9,130
2020-21265 (82%)$5,699147 (45%)$3,480142 (44%)$9,037
2021-22208 (82%)$5,184121 (48%)$3,051112 (44%)$7,631
2022-23186 (91%)$6,363105 (51%)$4,195103 (50%)$8,074
Average354 (85.89%)$5,339254 (58.56%)$3,606219 (50.67%)$8,604
*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, 6 (96.22 % of students) received grants or scholarships and its average amount is $7,520. It can cover 42.02% of tuition & fees ($17,895).

In addition, 4 (70.11 % of students) students get helped from the students loans (average amount : $7,690).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1512 (86%)$4,1158 (57%)$5,142
2015-165 (100%)$5,8435 (100%)$6,127
2016-1710 (100%)$8,0865 (50%)$8,548
2017-184 (100%)$8,4932 (50%)$9,500
2018-194 (80%)$10,6703 (60%)$7,529
2019-205 (100%)$7,4744 (80%)$8,190
2020-214 (100%)$9,4704 (100%)$9,500
2021-226 (100%)$4,5554 (67%)$6,757
2022-236 (100%)$8,9764 (67%)$7,917
Average6 (96.22%)$7,5204 (70.11%)$7,690
*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, 5 (83.22 % of students) received Pell (federal) grants and its average amount is $4,842.

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
2014-159 (64%)$4,2275 (36%)$940--4 (29%)$1,661
2015-165 (100%)$4,9934 (80%)$1,063----
2016-178 (80%)$4,9925 (50%)$1,847--5 (50%)$6,338
2017-183 (75%)$4,3032 (50%)$1,150--2 (50%)$9,380
2018-194 (80%)$5,0682 (40%)$1,500--4 (80%)$4,852
2019-205 (100%)$5,6521 (20%)$1,500--3 (60%)$2,537
2020-214 (100%)$6,0812 (50%)$1,250--3 (75%)$3,686
2021-225 (83%)$2,4951 (17%)$500--3 (50%)$4,784
2022-234 (67%)$5,7701 (17%)$1,500--6 (100%)$4,879
Average5 (83.22%)$4,8423 (40.00%)$1,250--4 (61.75%)$4,765
*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, 4 (70.11 % of students) get any students loan help and its average loan amount is $4.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-158 (57%)$5,1428 (57%)$5,142--
2015-165 (100%)$6,1275 (100%)$6,127--
2016-175 (50%)$8,5485 (50%)$8,548--
2017-182 (50%)$9,5002 (50%)$9,500--
2018-193 (60%)$7,5293 (60%)$7,529--
2019-204 (80%)$8,1904 (80%)$8,190--
2020-214 (100%)$9,5004 (100%)$9,500--
2021-224 (67%)$6,7574 (67%)$6,757--
2022-234 (67%)$7,9174 (67%)$7,917--
Average4 (70.11%)$7,6904 (70.11%)$7,690--

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