Scholarships, Grants, and Loan Trends at Southern Adventist

11%

Received Percent Changed

$3,963

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,210, which is 87.11 % of all undergraduate students. 1,314 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $8,065.

For full-time, first-time beginning students (freshmen), 98.67% of students received grants or scholarships and 50% 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 Southern Adventist University since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,210, which is 87.11 % of all undergraduate students. 1,314 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $8,065.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,149 (79%)$8,1481,021 (37%)$4,1671,530 (56%)$9,696
2015-162,142 (80%)$8,747957 (36%)$4,2821,499 (56%)$9,504
2016-172,110 (83%)$13,214885 (35%)$4,5461,370 (54%)$10,050
2017-182,321 (89%)$10,502942 (36%)$4,3671,362 (52%)$9,319
2018-192,187 (86%)$10,998919 (36%)$4,8231,330 (53%)$7,186
2019-202,195 (90%)$11,629827 (34%)$4,9651,298 (53%)$7,005
2020-212,221 (93%)$12,226805 (34%)$5,1541,210 (51%)$6,844
2021-222,263 (94%)$12,876779 (32%)$5,1341,107 (46%)$6,613
2022-232,303 (90%)$12,111795 (31%)$5,1381,124 (44%)$6,367
Average2,210 (87.11%)$11,161881 (34.56%)$4,7311,314 (51.67%)$8,065
*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, 527 (98.67 % of students) received grants or scholarships and its average amount is $11,569. It can cover 42.38% of tuition & fees ($27,300).

In addition, 268 (50.44 % of students) students get helped from the students loans (average amount : $8,262).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15542 (98%)$10,093304 (55%)$8,222
2015-16523 (98%)$9,695287 (54%)$7,712
2016-17483 (99%)$10,645269 (55%)$9,656
2017-18551 (98%)$10,325295 (53%)$8,390
2018-19484 (98%)$11,367270 (55%)$8,700
2019-20500 (99%)$11,992268 (53%)$8,898
2020-21483 (99%)$13,511216 (44%)$7,730
2021-22558 (99%)$14,000228 (40%)$7,264
2022-23616 (100%)$12,495277 (45%)$7,788
Average527 (98.67%)$11,569268 (50.44%)$8,262
*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, 181 (34.00 % of students) received Pell (federal) grants and its average amount is $4,815.

In addition, 89 students received State/local government grants/scholarships (16.56 % 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
2014-15202 (37%)$4,2731 (0%)$3,00087 (16%)$4,815539 (97%)$7,765
2015-16176 (33%)$4,4006 (1%)$2,74181 (15%)$4,394522 (98%)$7,517
2016-17174 (36%)$4,7034 (1%)$2,26387 (18%)$4,607483 (99%)$8,102
2017-18198 (35%)$4,4514 (1%)$1,87597 (17%)$4,351546 (98%)$8,019
2018-19191 (39%)$4,8941 (0%)$1,50079 (16%)$4,693482 (98%)$8,702
2019-20154 (30%)$4,897313 (62%)$90996 (19%)$4,524500 (99%)$9,046
2020-21169 (35%)$5,191379 (78%)$1,12589 (18%)$5,138483 (99%)$9,865
2021-22169 (30%)$5,205497 (88%)$1,30187 (15%)$5,407556 (98%)$10,459
2022-23194 (31%)$5,325--95 (15%)$5,811616 (100%)$9,922
Average181 (34.00%)$4,815151 (38.50%)$1,83989 (16.56%)$4,860525 (98.44%)$8,822
*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, 268 (50.44 % of students) get any students loan help and its average loan amount is $268.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15304 (55%)$8,222303 (55%)$8,1944 (1%)$4,160
2015-16287 (54%)$7,712287 (54%)$7,6374 (1%)$5,408
2016-17269 (55%)$9,656266 (55%)$8,40329 (6%)$12,496
2017-18295 (53%)$8,390295 (53%)$7,25332 (6%)$10,482
2018-19270 (55%)$8,700263 (53%)$7,46442 (9%)$9,193
2019-20268 (53%)$8,898263 (52%)$7,67340 (8%)$9,172
2020-21216 (44%)$7,730212 (43%)$6,61623 (5%)$11,610
2021-22228 (40%)$7,264222 (39%)$6,45928 (5%)$7,940
2022-23277 (45%)$7,788274 (44%)$6,74827 (4%)$11,419
Average268 (50.44%)$8,262265 (49.78%)$7,38325 (5.00%)$9,098

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