Scholarships, Grants, and Loan Trends at SFA

-2%

Received Percent Changed

$1,839

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 7,338, which is 67.11 % of all undergraduate students. 5,673 students which is 51.78% of undergraduate students received federal student loans and the average loan amount is $6,880.

For full-time, first-time beginning students (freshmen), 73.00% of students received grants or scholarships and 56% 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 Stephen F Austin State University since 2014.

For that period, the average number of students who received grants aid/scholarships is 7,338, which is 67.11 % of all undergraduate students. 5,673 students which is 51.78% of undergraduate students received federal student loans and the average loan amount is $6,880.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-157,216 (65%)$6,8314,591 (42%)$4,6496,433 (58%)$7,432
2015-167,370 (68%)$7,0354,367 (40%)$4,6986,295 (58%)$7,095
2016-177,285 (66%)$7,3634,417 (40%)$4,7226,416 (58%)$7,033
2017-187,309 (67%)$7,1674,562 (42%)$4,8276,250 (57%)$6,819
2018-197,453 (65%)$7,1604,428 (39%)$4,8585,983 (52%)$6,816
2019-207,773 (67%)$7,7174,304 (37%)$4,9355,644 (49%)$6,754
2020-218,872 (80%)$7,9204,085 (37%)$5,0725,188 (47%)$6,721
2021-226,491 (63%)$8,6203,948 (38%)$5,1954,602 (44%)$6,703
2022-236,276 (63%)$8,6703,641 (37%)$5,2874,250 (43%)$6,547
Average7,338 (67.11%)$7,6094,260 (39.11%)$4,9165,673 (51.78%)$6,880
*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, 1,492 (73.00 % of students) received grants or scholarships and its average amount is $9,122. It can cover 43.50% of tuition & fees ($20,968) based on out-of-state rate.

In addition, 1,156 (55.56 % of students) students get helped from the students loans (average amount : $6,689).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,435 (66%)$8,9601,277 (59%)$6,848
2015-161,629 (72%)$8,5401,343 (60%)$6,432
2016-171,589 (68%)$8,8641,428 (61%)$6,380
2017-181,569 (68%)$8,8811,352 (58%)$6,355
2018-191,509 (69%)$8,6931,265 (58%)$6,584
2019-201,450 (71%)$9,9161,108 (54%)$6,812
2020-211,556 (91%)$9,184909 (53%)$6,855
2021-221,218 (72%)$10,363818 (48%)$7,025
2022-231,475 (80%)$8,695906 (49%)$6,908
Average1,492 (73.00%)$9,1221,156 (55.56%)$6,689
*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, 849 (41.22 % of students) received Pell (federal) grants and its average amount is $4,958.

In addition, 772 students received State/local government grants/scholarships (37.67 % 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
2014-15934 (43%)$4,685116 (5%)$1,727830 (38%)$4,6481,122 (52%)$3,943
2015-16882 (39%)$4,733178 (8%)$1,615808 (36%)$5,1021,430 (64%)$3,725
2016-17956 (41%)$4,785145 (6%)$1,910771 (33%)$4,9951,261 (54%)$4,269
2017-18988 (43%)$4,839105 (5%)$1,789816 (35%)$5,0661,208 (52%)$4,000
2018-19894 (41%)$4,786153 (7%)$1,868800 (37%)$5,1931,142 (52%)$3,852
2019-20841 (41%)$5,067805 (39%)$1,346765 (37%)$5,1481,223 (60%)$4,167
2020-21714 (42%)$5,1691,334 (78%)$1,975760 (44%)$5,129884 (52%)$4,600
2021-22678 (40%)$5,25239 (2%)$1,746653 (38%)$4,1261,072 (63%)$5,876
2022-23754 (41%)$5,30869 (4%)$1,669747 (41%)$4,2351,294 (70%)$4,284
Average849 (41.22%)$4,958327 (17.11%)$1,738772 (37.67%)$4,8491,182 (57.67%)$4,302
*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, 1,156 (55.56 % of students) get any students loan help and its average loan amount is $1,156.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,277 (59%)$6,8481,253 (58%)$6,190106 (5%)$9,327
2015-161,343 (60%)$6,4321,328 (59%)$5,97364 (3%)$11,033
2016-171,428 (61%)$6,3801,409 (60%)$5,92872 (3%)$10,527
2017-181,352 (58%)$6,3551,333 (57%)$5,70289 (4%)$11,144
2018-191,265 (58%)$6,5841,238 (57%)$5,560135 (6%)$10,706
2019-201,108 (54%)$6,8121,072 (52%)$5,573134 (7%)$11,741
2020-21909 (53%)$6,855889 (52%)$5,549109 (6%)$11,905
2021-22818 (48%)$7,025794 (47%)$5,474104 (6%)$13,466
2022-23906 (49%)$6,908873 (47%)$5,421116 (6%)$13,156
Average1,156 (55.56%)$6,6891,132 (54.33%)$5,708103 (5.11%)$11,445

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