Scholarships, Grants, and Loan Trends at Alabama State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,969, which is 92.56 % of all undergraduate students. 3,347 students which is 78.00% of undergraduate students received federal student loans and the average loan amount is $9,108.
For full-time, first-time beginning students (freshmen), 88.78% of students received grants or scholarships and 76% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alabama State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,969, which is 92.56 % of all undergraduate students. 3,347 students which is 78.00% of undergraduate students received federal student loans and the average loan amount is $9,108.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,925 (92%)$7,8023,935 (73%)$4,2294,046 (76%)$8,384
2014-154,508 (94%)$7,6283,636 (76%)$4,2423,696 (77%)$8,477
2015-164,473 (94%)$7,7513,723 (78%)$4,3063,865 (81%)$9,489
2016-174,305 (91%)$7,4993,487 (74%)$4,2843,635 (77%)$9,996
2017-183,731 (89%)$8,4053,134 (74%)$4,5123,301 (78%)$10,711
2018-193,691 (95%)$8,2912,977 (76%)$4,7643,213 (82%)$10,129
2019-203,492 (93%)$8,3872,763 (74%)$4,8292,927 (78%)$9,337
2020-213,360 (93%)$10,0312,604 (72%)$4,9092,760 (76%)$7,675
2021-223,235 (92%)$10,5012,441 (70%)$4,9702,684 (77%)$7,777
Average3,969 (92.56%)$8,4773,189 (74.11%)$4,5613,347 (78.00%)$9,108

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

For the last 10 years, on average, 925 (88.78 % of students) received grants or scholarships and its average amount is $8,917. It can cover 45.55% of tuition & fees ($19,576) based on out-of-state rate.
In addition, 798 (76.33 % of students) students get helped from the students loans (average amount : $6,666).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,263 (83%)$9,1081,085 (71%)$6,880
2014-15902 (84%)$8,506896 (84%)$7,063
2015-16903 (90%)$6,831841 (83%)$6,634
2016-171,006 (88%)$7,611848 (74%)$6,812
2017-18835 (88%)$9,011720 (76%)$6,709
2018-19912 (89%)$9,273819 (80%)$6,742
2019-20866 (87%)$9,091688 (69%)$6,563
2020-21861 (93%)$10,796619 (67%)$6,271
2021-22775 (97%)$10,029665 (83%)$6,319
Average925 (88.78%)$8,917798 (76.33%)$6,666
*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, 796 (76.22 % of students) received Pell (federal) grants and its average amount is $5,129.
In addition, 86 students received State/local government grants/scholarships (8.44 % 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
2013-141,080 (71%)$4,670152 (10%)$986103 (7%)$7,381547 (36%)$10,146
2014-15870 (81%)$4,618163 (15%)$1,005112 (10%)$7,042419 (39%)$6,449
2015-16757 (75%)$5,037120 (12%)$1,22798 (10%)$6,943318 (32%)$4,806
2016-17868 (76%)$4,746101 (9%)$1,28190 (8%)$8,569419 (37%)$6,292
2017-18741 (78%)$5,06753 (6%)$1,63072 (8%)$10,289393 (41%)$7,487
2018-19788 (77%)$5,44769 (7%)$1,85361 (6%)$5,276467 (46%)$7,955
2019-20759 (76%)$5,405119 (12%)$1,28268 (7%)$5,488384 (38%)$8,449
2020-21681 (74%)$5,61088 (10%)$1,072126 (14%)$2,584512 (55%)$9,873
2021-22624 (78%)$5,558145 (18%)$1,91544 (6%)$5,072559 (70%)$6,804
Average796 (76.22%)$5,129112 (11.00%)$1,36186 (8.44%)$6,516446 (43.78%)$7,585
*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, 798 (76.33 % of students) get any students loan help and its average loan amount is $798.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,085 (71%)$6,8801,060 (70%)$6,82825 (2%)$9,073
2014-15896 (84%)$7,063869 (81%)$7,03027 (3%)$8,105
2015-16841 (83%)$6,634828 (82%)$6,59113 (1%)$9,347
2016-17848 (74%)$6,812846 (74%)$6,67216 (1%)$8,219
2017-18720 (76%)$6,709717 (75%)$6,47618 (2%)$10,396
2018-19819 (80%)$6,742817 (80%)$6,50419 (2%)$10,940
2019-20688 (69%)$6,563684 (68%)$5,96138 (4%)$11,528
2020-21619 (67%)$6,271616 (67%)$6,05817 (2%)$8,827
2021-22665 (83%)$6,319661 (83%)$5,75447 (6%)$8,477
Average798 (76.33%)$6,666789 (75.56%)$6,43024 (2.56%)$9,435
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