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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 Spelman College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,726, which is 79.45 % of all undergraduate students. 1,662 students which is 76.55% of undergraduate students received federal student loans and the average loan amount is $7,326.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,732 (80%)$12,2831,075 (50%)$4,5931,602 (74%)$7,728
2012-131,759 (82%)$13,5161,105 (52%)$4,4921,640 (76%)$8,119
2013-141,665 (78%)$14,4251,017 (48%)$4,5841,527 (72%)$7,683
2014-151,694 (79%)$15,1011,028 (48%)$4,6531,515 (71%)$7,580
2015-161,324 (62%)$13,9211,052 (49%)$4,7181,773 (83%)$9,340
2016-171,684 (79%)$15,5101,032 (49%)$4,6311,864 (88%)$5,826
2017-181,838 (86%)$13,6741,019 (48%)$4,9781,611 (75%)$7,101
2018-191,733 (80%)$14,561989 (46%)$5,3591,645 (76%)$6,980
2019-201,652 (78%)$14,495905 (43%)$5,4851,644 (78%)$6,880
2020-212,004 (91%)$12,830916 (42%)$5,5831,598 (72%)$6,703
2021-221,906 (79%)$13,0301,026 (42%)$5,3651,864 (77%)$6,648
Average1,726 (79.45%)$13,9411,015 (47.00%)$4,9491,662 (76.55%)$7,326

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 471 (82.27 % of students) received grants or scholarships and its average amount is $11,512. It can cover 38.30% of tuition & fees ($30,058).
In addition, 461 (80.91 % of students) students get helped from the students loans (average amount : $8,038).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12390 (74%)$10,978422 (80%)$7,478
2012-13364 (70%)$12,769362 (70%)$9,758
2013-14398 (71%)$12,177376 (67%)$8,655
2014-15425 (77%)$11,671412 (75%)$9,001
2015-16452 (80%)$12,488476 (84%)$8,054
2016-17377 (71%)$13,647507 (95%)$7,038
2017-18502 (92%)$11,364464 (85%)$8,057
2018-19496 (87%)$9,831478 (84%)$7,016
2019-20464 (90%)$10,235455 (88%)$8,815
2020-21549 (96%)$10,839434 (76%)$6,553
2021-22767 (97%)$10,629682 (86%)$7,997
Average471 (82.27%)$11,512461 (80.91%)$8,038
*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, 270 (47.64 % of students) received Pell (federal) grants and its average amount is $4,856.
In addition, 138 students received State/local government grants/scholarships (24.27 % 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
2011-12259 (49%)$4,64668 (13%)$1,614120 (23%)$3,299245 (46%)$10,500
2012-13240 (46%)$4,44762 (12%)$1,529124 (24%)$3,350249 (48%)$12,331
2013-14275 (49%)$4,42069 (12%)$1,355141 (25%)$3,387250 (45%)$12,240
2014-15304 (55%)$4,80576 (14%)$1,538150 (27%)$3,404258 (47%)$11,132
2015-16303 (54%)$4,73661 (11%)$1,650139 (25%)$6,266267 (47%)$12,127
2016-17259 (49%)$4,77549 (9%)$1,864122 (23%)$5,745234 (44%)$13,315
2017-18246 (45%)$5,01734 (6%)$1,956147 (27%)$5,440334 (61%)$10,792
2018-19262 (46%)$4,98438 (7%)$2,263134 (23%)$4,654323 (57%)$8,856
2019-20229 (44%)$5,10221 (4%)$2,343131 (25%)$5,030298 (58%)$9,640
2020-21242 (43%)$5,16511 (2%)$2,345139 (24%)$4,711545 (96%)$7,376
2021-22353 (44%)$5,31532 (4%)$2,063168 (21%)$5,181761 (96%)$7,017
Average270 (47.64%)$4,85647 (8.55%)$1,865138 (24.27%)$4,588342 (58.64%)$10,484
*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, 461 (80.91 % of students) get any students loan help and its average loan amount is $461.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12422 (80%)$7,478379 (72%)$6,34245 (9%)$16,714
2012-13362 (70%)$9,758356 (68%)$7,24058 (11%)$16,464
2013-14376 (67%)$8,655372 (67%)$6,53651 (9%)$16,139
2014-15412 (75%)$9,001401 (73%)$6,82544 (8%)$22,078
2015-16476 (84%)$8,054468 (83%)$5,95952 (9%)$20,092
2016-17507 (95%)$7,038505 (95%)$5,06953 (10%)$19,029
2017-18464 (85%)$8,057458 (84%)$5,97045 (8%)$22,319
2018-19478 (84%)$7,016471 (82%)$5,76737 (6%)$17,223
2019-20455 (88%)$8,815449 (87%)$5,76555 (11%)$25,860
2020-21434 (76%)$6,553431 (76%)$5,70728 (5%)$13,717
2021-22682 (86%)$7,997663 (84%)$5,76357 (7%)$28,647
Average461 (80.91%)$8,038450 (79.18%)$6,08648 (8.45%)$19,844

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