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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Spartanburg Methodist College since 2011.
For that period, the average number of students who received grants aid/scholarships is 847, which is 98.91 % of all undergraduate students. 569 students which is 66.91% of undergraduate students received federal student loans and the average loan amount is $5,281.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12797 (99%)$8,915459 (57%)$4,161547 (68%)$4,787
2012-13805 (99%)$13,269418 (52%)$4,191566 (70%)$5,260
2013-14813 (99%)$13,890417 (51%)$4,134541 (66%)$5,191
2014-15781 (99%)$13,881462 (58%)$4,096540 (68%)$5,333
2015-16770 (100%)$14,581442 (57%)$4,385536 (70%)$5,267
2016-17736 (100%)$14,590409 (56%)$4,452511 (69%)$5,582
2017-18788 (100%)$14,778475 (60%)$4,611565 (72%)$5,337
2018-19856 (99%)$15,245520 (60%)$4,860594 (68%)$5,346
2019-20898 (96%)$15,441538 (58%)$5,147596 (64%)$5,540
2020-211,043 (99%)$15,410600 (57%)$4,933659 (63%)$5,041
2021-221,025 (98%)$17,211601 (58%)$4,979606 (58%)$5,403
Average847 (98.91%)$14,292486 (56.73%)$4,541569 (66.91%)$5,281

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 476 (99.73 % of students) received grants or scholarships and its average amount is $14,516. It can cover 75.02% of tuition & fees ($19,350).
In addition, 311 (65.36 % of students) students get helped from the students loans (average amount : $5,025).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12470 (100%)$9,329310 (66%)$4,489
2012-13458 (100%)$14,164310 (68%)$4,986
2013-14469 (100%)$14,365303 (65%)$4,925
2014-15462 (100%)$14,612299 (64%)$5,138
2015-16441 (100%)$14,978299 (68%)$4,890
2016-17424 (100%)$15,385293 (69%)$5,824
2017-18493 (100%)$15,302340 (69%)$5,248
2018-19499 (99%)$15,835345 (69%)$5,202
2019-20512 (100%)$16,425329 (64%)$5,301
2020-21516 (99%)$15,204313 (60%)$4,763
2021-22497 (99%)$14,078285 (57%)$4,512
Average476 (99.73%)$14,516311 (65.36%)$5,025
*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 12 years, on average, 280 (58.55 % of students) received Pell (federal) grants and its average amount is $4,523.
In addition, 440 students received State/local government grants/scholarships (92.00 % 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
2011-12287 (61%)$3,61831 (7%)$1,409443 (94%)$3,466470 (100%)$3,760
2012-13235 (51%)$4,19721 (5%)$1,207430 (94%)$6,364458 (100%)$5,981
2013-14242 (52%)$4,06660 (13%)$563426 (91%)$6,404463 (99%)$6,460
2014-15271 (58%)$4,29669 (15%)$640426 (92%)$6,538462 (100%)$5,968
2015-16260 (59%)$4,27450 (11%)$551404 (92%)$6,415439 (100%)$6,549
2016-17249 (59%)$4,50946 (11%)$543391 (92%)$6,707423 (100%)$6,508
2017-18297 (60%)$4,77156 (11%)$557440 (89%)$6,416493 (100%)$6,638
2018-19310 (62%)$4,95547 (9%)$523467 (93%)$6,584498 (99%)$6,559
2019-20329 (64%)$5,30023 (4%)$608476 (93%)$7,045511 (99%)$6,455
2020-21293 (56%)$4,92873 (14%)$557466 (89%)$6,218514 (99%)$6,738
2021-22309 (62%)$4,83655 (11%)$623467 (93%)$6,643440 (88%)$5,377
Average280 (58.55%)$4,52348 (10.09%)$707440 (92.00%)$6,255470 (98.55%)$6,090
*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 12 years, on average, 311 (65.36 % of students) get any students loan help and its average loan amount is $311.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12310 (66%)$4,489307 (65%)$4,4843 (1%)$5,002
2012-13310 (68%)$4,986309 (67%)$4,8856 (1%)$6,080
2013-14303 (65%)$4,925301 (64%)$4,72810 (2%)$6,931
2014-15299 (64%)$5,138299 (64%)$5,1183 (1%)$2,000
2015-16299 (68%)$4,890299 (68%)$4,8193 (1%)$7,000
2016-17293 (69%)$5,824293 (69%)$5,6666 (1%)$7,720
2017-18340 (69%)$5,248340 (69%)$5,1126 (1%)$7,720
2018-19345 (69%)$5,202345 (69%)$5,0796 (1%)$7,035
2019-20329 (64%)$5,301329 (64%)$5,1955 (1%)$6,969
2020-21313 (60%)$4,763313 (60%)$4,5508 (2%)$8,324
2021-22285 (57%)$4,512285 (57%)$4,3619 (2%)$4,789
Average311 (65.36%)$5,025311 (65.09%)$4,9096 (1.27%)$6,325

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