Scholarships, Grants, and Loan Trends at SWU

7%

Received Percent Changed

$7,703

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 996, which is 82.56 % of all undergraduate students. 773 students which is 63.11% of undergraduate students received federal student loans and the average loan amount is $7,317.

For full-time, first-time beginning students (freshmen), 99.44% of students received grants or scholarships and 72% 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 Wesleyan University since 2014.

For that period, the average number of students who received grants aid/scholarships is 996, which is 82.56 % of all undergraduate students. 773 students which is 63.11% of undergraduate students received federal student loans and the average loan amount is $7,317.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,131 (80%)$10,850655 (46%)$3,908955 (67%)$8,026
2015-161,067 (81%)$12,297579 (44%)$4,047863 (65%)$7,191
2016-171,098 (77%)$13,170635 (45%)$4,009827 (58%)$7,421
2017-181,066 (78%)$13,793603 (44%)$4,083903 (66%)$7,550
2018-191,026 (84%)$14,497561 (46%)$4,401850 (69%)$7,328
2019-20974 (85%)$15,585517 (45%)$4,450801 (70%)$7,165
2020-21946 (87%)$16,691472 (44%)$4,551717 (66%)$7,139
2021-22876 (84%)$16,827432 (41%)$4,498632 (61%)$7,036
2022-23777 (87%)$18,553260 (29%)$5,362410 (46%)$6,999
Average996 (82.56%)$14,696524 (42.67%)$4,368773 (63.11%)$7,317
*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, 184 (99.44 % of students) received grants or scholarships and its average amount is $18,306. It can cover 61.43% of tuition & fees ($29,800).

In addition, 133 (71.67 % of students) students get helped from the students loans (average amount : $6,843).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15184 (97%)$16,614143 (75%)$6,845
2015-16187 (100%)$18,241134 (72%)$6,827
2016-17190 (100%)$17,538148 (78%)$6,931
2017-18196 (99%)$18,984141 (72%)$6,595
2018-19210 (99%)$18,227154 (72%)$7,054
2019-20194 (100%)$18,238143 (74%)$6,337
2020-21189 (100%)$18,506130 (69%)$6,900
2021-22161 (100%)$19,63699 (61%)$6,805
2022-23144 (100%)$18,771103 (72%)$7,295
Average184 (99.44%)$18,306133 (71.67%)$6,843
*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, 89 (47.44 % of students) received Pell (federal) grants and its average amount is $4,741.

In addition, 120 students received State/local government grants/scholarships (64.56 % 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
2014-15103 (54%)$4,43536 (19%)$1,135127 (67%)$6,077172 (91%)$10,392
2015-1696 (51%)$4,43732 (17%)$1,087141 (75%)$6,120187 (100%)$11,162
2016-1794 (49%)$4,71422 (12%)$1,146132 (69%)$6,212189 (99%)$10,814
2017-18102 (52%)$4,56430 (15%)$1,026129 (65%)$6,490195 (99%)$12,242
2018-19109 (51%)$4,76440 (19%)$996142 (67%)$6,876207 (97%)$11,074
2019-2088 (45%)$4,721176 (91%)$832127 (65%)$7,013192 (99%)$10,863
2020-2174 (39%)$5,02481 (43%)$2,971107 (57%)$6,954187 (99%)$11,450
2021-2270 (43%)$4,88976 (47%)$2,88096 (60%)$7,114159 (99%)$12,059
2022-2362 (43%)$5,12532 (22%)$2,45881 (56%)$7,846144 (100%)$11,604
Average89 (47.44%)$4,74158 (31.67%)$1,615120 (64.56%)$6,745181 (98.11%)$11,296
*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, 133 (71.67 % of students) get any students loan help and its average loan amount is $133.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15143 (75%)$6,845142 (75%)$6,6168 (4%)$4,927
2015-16134 (72%)$6,827134 (72%)$5,80014 (7%)$9,828
2016-17148 (78%)$6,931147 (77%)$5,96120 (11%)$7,471
2017-18141 (72%)$6,595141 (72%)$5,86613 (7%)$7,906
2018-19154 (72%)$7,054152 (71%)$5,32232 (15%)$8,667
2019-20143 (74%)$6,337139 (72%)$5,56715 (8%)$8,823
2020-21130 (69%)$6,900129 (68%)$5,46923 (12%)$8,327
2021-2299 (61%)$6,80599 (61%)$5,71417 (11%)$6,358
2022-23103 (72%)$7,295101 (70%)$6,00010 (7%)$14,535
Average133 (71.67%)$6,843132 (70.89%)$5,81317 (9.11%)$8,538

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