Scholarships, Grants, and Loan Trends at SWOSU

10%

Received Percent Changed

$1,497

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 3,273, which is 77.67 % of all undergraduate students. 2,529 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $6,157.

For full-time, first-time beginning students (freshmen), 88.78% 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 Southwestern Oklahoma State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 3,273, which is 77.67 % of all undergraduate students. 2,529 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $6,157.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,088 (73%)$6,8461,514 (36%)$4,4792,668 (63%)$5,256
2015-163,140 (72%)$6,9831,473 (34%)$4,3612,659 (61%)$5,520
2016-173,288 (73%)$7,1901,546 (34%)$4,4002,726 (60%)$5,374
2017-183,303 (71%)$7,2181,594 (34%)$4,4872,354 (51%)$6,207
2018-193,252 (73%)$7,4771,606 (36%)$4,6422,257 (51%)$6,344
2019-203,558 (86%)$7,1261,520 (37%)$4,7532,498 (60%)$6,345
2020-213,642 (91%)$7,2001,461 (36%)$4,7822,611 (65%)$6,574
2021-222,904 (77%)$8,2461,421 (38%)$4,9552,410 (64%)$6,970
2022-233,280 (83%)$8,3431,515 (38%)$5,2412,574 (65%)$6,823
Average3,273 (77.67%)$7,4031,517 (35.89%)$4,6782,529 (60.00%)$6,157
*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, 761 (88.78 % of students) received grants or scholarships and its average amount is $8,108. It can cover 95.40% of tuition & fees ($8,499) based on out-of-state rate.

In addition, 616 (72.22 % of students) students get helped from the students loans (average amount : $4,737).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15746 (85%)$6,912647 (73%)$3,727
2015-16798 (85%)$7,270684 (73%)$3,983
2016-17854 (88%)$7,481732 (75%)$3,874
2017-18857 (86%)$7,704595 (60%)$5,074
2018-19825 (85%)$8,344562 (58%)$5,151
2019-20795 (95%)$8,595608 (72%)$5,092
2020-21712 (92%)$9,384610 (79%)$5,222
2021-22590 (90%)$8,539526 (80%)$5,277
2022-23669 (93%)$8,745579 (80%)$5,237
Average761 (88.78%)$8,108616 (72.22%)$4,737
*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, 368 (43.00 % of students) received Pell (federal) grants and its average amount is $4,872.

In addition, 283 students received State/local government grants/scholarships (32.89 % 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
2014-15339 (38%)$4,45984 (10%)$2,071289 (33%)$4,156582 (66%)$3,900
2015-16358 (38%)$4,463119 (13%)$2,227302 (32%)$4,313610 (65%)$4,322
2016-17409 (42%)$4,594137 (14%)$1,717317 (33%)$4,705644 (66%)$4,321
2017-18435 (44%)$4,770124 (12%)$2,611293 (29%)$5,254624 (63%)$4,270
2018-19425 (44%)$4,92188 (9%)$303336 (35%)$4,761626 (65%)$5,058
2019-20385 (46%)$4,962698 (83%)$582303 (36%)$5,227517 (62%)$5,673
2020-21345 (45%)$5,054604 (78%)$696270 (35%)$5,621541 (70%)$5,544
2021-22306 (47%)$5,18070 (11%)$305207 (32%)$5,652513 (78%)$4,409
2022-23306 (43%)$5,44850 (7%)$306226 (31%)$5,216613 (85%)$4,876
Average368 (43.00%)$4,872219 (26.33%)$1,202283 (32.89%)$4,989586 (68.89%)$4,708
*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, 616 (72.22 % of students) get any students loan help and its average loan amount is $616.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15647 (73%)$3,727647 (73%)$3,6955 (1%)$4,187
2015-16684 (73%)$3,983683 (73%)$3,9169 (1%)$5,553
2016-17732 (75%)$3,874728 (75%)$3,77315 (2%)$5,925
2017-18595 (60%)$5,074593 (60%)$4,94114 (1%)$6,353
2018-19562 (58%)$5,151557 (57%)$5,0459 (1%)$9,442
2019-20608 (72%)$5,092606 (72%)$4,99410 (1%)$6,955
2020-21610 (79%)$5,222610 (79%)$5,1078 (1%)$8,770
2021-22526 (80%)$5,277525 (80%)$5,11311 (2%)$8,284
2022-23579 (80%)$5,237576 (80%)$5,07614 (2%)$7,749
Average616 (72.22%)$4,737614 (72.11%)$4,62911 (1.33%)$7,024

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