Scholarships, Grants, and Loan Trends at Susquehanna

-3%

Received Percent Changed

$18,442

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,189, which is 97.56 % of all undergraduate students. 1,606 students which is 71.67% of undergraduate students received federal student loans and the average loan amount is $6,719.

For full-time, first-time beginning students (freshmen), 97.00% of students received grants or scholarships and 73% 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 Susquehanna University since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,189, which is 97.56 % of all undergraduate students. 1,606 students which is 71.67% of undergraduate students received federal student loans and the average loan amount is $6,719.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,049 (98%)$24,822538 (26%)$4,1551,518 (73%)$6,971
2015-162,154 (98%)$26,969556 (25%)$4,3721,590 (72%)$6,802
2016-172,186 (100%)$29,222564 (26%)$4,4091,614 (74%)$6,801
2017-182,260 (96%)$31,261611 (26%)$4,5041,690 (72%)$6,789
2018-192,298 (96%)$33,436666 (28%)$4,5331,713 (72%)$6,661
2019-202,273 (98%)$35,743604 (26%)$4,6181,685 (73%)$6,658
2020-212,218 (99%)$37,185597 (27%)$4,6821,593 (71%)$6,578
2021-222,150 (98%)$39,912537 (24%)$4,8201,533 (70%)$6,556
2022-232,115 (95%)$43,264531 (24%)$5,0391,516 (68%)$6,659
Average2,189 (97.56%)$33,535578 (25.78%)$4,5701,606 (71.67%)$6,719
*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, 589 (97.00 % of students) received grants or scholarships and its average amount is $34,998. It can cover 58.48% of tuition & fees ($59,850).

In addition, 445 (73.44 % of students) students get helped from the students loans (average amount : $8,883).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15570 (99%)$25,308432 (75%)$7,564
2015-16663 (100%)$28,650498 (75%)$7,748
2016-17629 (99%)$30,386470 (74%)$8,541
2017-18629 (99%)$32,636498 (79%)$8,718
2018-19603 (97%)$35,078464 (75%)$8,805
2019-20586 (95%)$38,128426 (69%)$10,056
2020-21552 (96%)$38,565404 (71%)$9,691
2021-22518 (93%)$40,914376 (68%)$9,772
2022-23550 (95%)$45,318435 (75%)$9,052
Average589 (97.00%)$34,998445 (73.44%)$8,883
*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, 162 (26.44 % of students) received Pell (federal) grants and its average amount is $4,585.

In addition, 160 students received State/local government grants/scholarships (26.33 % 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
2014-15156 (27%)$4,19738 (7%)$1,928125 (22%)$3,336570 (99%)$23,299
2015-16173 (26%)$4,32425 (4%)$2,377171 (26%)$3,791663 (100%)$26,454
2016-17165 (26%)$4,40128 (4%)$1,919170 (27%)$3,903627 (98%)$28,181
2017-18199 (31%)$4,22926 (4%)$2,297202 (32%)$3,489629 (99%)$30,083
2018-19193 (31%)$4,62314 (2%)$3,457195 (32%)$3,642603 (97%)$32,340
2019-20151 (24%)$4,54327 (4%)$3,843162 (26%)$3,576586 (95%)$35,791
2020-21145 (25%)$4,96816 (3%)$2,750132 (23%)$4,041552 (96%)$36,215
2021-22130 (23%)$4,86613 (2%)$6,906116 (21%)$4,236518 (93%)$38,570
2022-23143 (25%)$5,11223 (4%)$4,032164 (28%)$4,171550 (95%)$42,577
Average162 (26.44%)$4,58523 (3.78%)$3,279160 (26.33%)$3,798589 (96.89%)$32,612
*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, 445 (73.44 % of students) get any students loan help and its average loan amount is $445.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15432 (75%)$7,564429 (75%)$5,63760 (10%)$14,162
2015-16498 (75%)$7,748496 (74%)$5,39284 (13%)$14,101
2016-17470 (74%)$8,541470 (74%)$5,54894 (15%)$14,964
2017-18498 (79%)$8,718497 (78%)$5,516112 (18%)$14,287
2018-19464 (75%)$8,805463 (75%)$5,451113 (18%)$13,821
2019-20426 (69%)$10,056425 (69%)$5,403127 (20%)$15,650
2020-21404 (71%)$9,691395 (69%)$5,424112 (20%)$15,830
2021-22376 (68%)$9,772371 (67%)$5,381103 (19%)$16,291
2022-23435 (75%)$9,052402 (70%)$5,394108 (19%)$16,383
Average445 (73.44%)$8,883439 (72.33%)$5,461101 (16.89%)$15,054

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