Scholarships, Grants, and Loan Trends at SCSU

8%

Received Percent Changed

$1,335

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 4,794, which is 62.67 % of all undergraduate students. 4,583 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $8,349.

For full-time, first-time beginning students (freshmen), 71.33% 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 Southern Connecticut State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 4,794, which is 62.67 % of all undergraduate students. 4,583 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $8,349.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-154,394 (54%)$6,2943,030 (37%)$4,1485,011 (62%)$6,988
2015-164,458 (55%)$6,4613,004 (37%)$4,2484,945 (61%)$6,888
2016-174,207 (53%)$6,4313,036 (38%)$4,1414,828 (61%)$9,886
2017-184,272 (54%)$6,7673,106 (39%)$4,4764,832 (61%)$9,188
2018-194,375 (54%)$6,7853,190 (39%)$4,5574,883 (60%)$8,935
2019-206,251 (79%)$5,9663,236 (41%)$4,7384,679 (59%)$8,645
2020-216,455 (87%)$6,0543,097 (42%)$4,6914,375 (59%)$7,798
2021-224,469 (66%)$6,9252,746 (40%)$4,7603,934 (58%)$8,292
2022-234,261 (62%)$7,6292,579 (37%)$4,8713,764 (54%)$8,520
Average4,794 (62.67%)$6,5903,003 (38.89%)$4,5144,583 (59.44%)$8,349
*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, 907 (71.33 % of students) received grants or scholarships and its average amount is $6,449. It can cover 38.06% of tuition & fees ($16,942) based on out-of-state rate.

In addition, 897 (69.56 % of students) students get helped from the students loans (average amount : $7,406).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15836 (66%)$6,171888 (70%)$6,729
2015-16850 (61%)$5,670970 (70%)$6,935
2016-17747 (53%)$6,603956 (68%)$11,709
2017-18767 (56%)$6,1171,006 (74%)$6,734
2018-19944 (63%)$5,6501,081 (72%)$7,220
2019-201,372 (91%)$5,2561,052 (70%)$7,183
2020-21990 (94%)$6,478728 (69%)$6,513
2021-22813 (81%)$7,308663 (66%)$6,964
2022-23840 (77%)$8,786730 (67%)$6,665
Average907 (71.33%)$6,449897 (69.56%)$7,406
*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, 577 (45.00 % of students) received Pell (federal) grants and its average amount is $4,788.

In addition, 267 students received State/local government grants/scholarships (21.11 % 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
2014-15507 (40%)$4,39684 (7%)$552463 (36%)$2,507390 (31%)$4,417
2015-16570 (41%)$4,583104 (7%)$478177 (13%)$3,262370 (27%)$4,272
2016-17570 (41%)$4,54063 (4%)$476363 (26%)$2,157370 (26%)$4,140
2017-18572 (42%)$4,71881 (6%)$515114 (8%)$2,758408 (30%)$4,013
2018-19712 (47%)$4,84347 (3%)$489249 (17%)$1,286366 (24%)$4,212
2019-20738 (49%)$5,0961,285 (85%)$729280 (19%)$1,650419 (28%)$4,896
2020-21488 (46%)$4,874874 (83%)$214256 (24%)$2,385850 (81%)$3,808
2021-22488 (49%)$4,85991 (9%)$2,112185 (18%)$2,953627 (62%)$4,517
2022-23550 (50%)$5,184180 (16%)$1,345317 (29%)$3,365562 (52%)$5,730
Average577 (45.00%)$4,788312 (24.44%)$768267 (21.11%)$2,480485 (40.11%)$4,445
*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, 897 (69.56 % of students) get any students loan help and its average loan amount is $897.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15888 (70%)$6,729870 (68%)$6,11761 (5%)$10,717
2015-16970 (70%)$6,935953 (68%)$5,93386 (6%)$12,475
2016-17956 (68%)$11,709921 (66%)$10,598109 (8%)$13,143
2017-181,006 (74%)$6,734990 (72%)$5,384109 (8%)$13,250
2018-191,081 (72%)$7,2201,070 (71%)$5,319147 (10%)$14,375
2019-201,052 (70%)$7,1831,035 (69%)$5,302142 (9%)$14,570
2020-21728 (69%)$6,513715 (68%)$5,26778 (7%)$12,508
2021-22663 (66%)$6,964651 (65%)$5,28982 (8%)$14,315
2022-23730 (67%)$6,665718 (66%)$5,35574 (7%)$13,789
Average897 (69.56%)$7,406880 (68.11%)$6,06399 (7.56%)$13,238

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