How BHSU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Black Hills State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,869, which is 49.89 % of all undergraduate students. 1,668 students which is 43.89% of undergraduate students received federal student loans and the average loan amount is $6,506.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,094 (52%)	$4,321	1,378 (34%)	$4,105	2,236 (56%)	$6,668
2014-15	1,861 (46%)	$4,620	1,252 (31%)	$4,166	1,986 (49%)	$6,635
2015-16	1,821 (47%)	$4,617	1,167 (30%)	$4,099	1,875 (48%)	$6,517
2016-17	1,791 (47%)	$4,678	1,068 (28%)	$4,079	1,785 (47%)	$6,627
2017-18	1,810 (46%)	$4,904	1,057 (27%)	$4,262	1,772 (45%)	$6,631
2018-19	1,692 (45%)	$5,109	975 (26%)	$4,286	1,615 (43%)	$6,285
2019-20	1,691 (46%)	$5,403	861 (23%)	$4,274	1,440 (39%)	$6,478
2020-21	1,947 (57%)	$4,981	757 (22%)	$4,413	1,217 (36%)	$6,371
2021-22	2,113 (63%)	$4,601	676 (20%)	$4,422	1,084 (32%)	$6,346
Average	1,869 (49.89%)	$4,804	1,021 (26.78%)	$4,234	1,668 (43.89%)	$6,506

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

Overview

For the last 10 years, on average, 369 (77.11 % of students) received grants or scholarships and its average amount is $4,480. It can cover 37.28% of tuition & fees ($12,018) based on out-of-state rate.

In addition, 325 (67.33 % of students) students get helped from the students loans (average amount : $6,776).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	402 (72%)	$3,852	406 (73%)	$6,344
2014-15	329 (71%)	$4,279	321 (70%)	$6,608
2015-16	353 (71%)	$4,183	344 (69%)	$6,867
2016-17	367 (67%)	$4,340	372 (68%)	$6,668
2017-18	376 (74%)	$4,648	363 (71%)	$7,063
2018-19	320 (71%)	$4,570	310 (69%)	$6,970
2019-20	374 (79%)	$4,727	306 (65%)	$6,878
2020-21	369 (89%)	$4,736	246 (60%)	$6,660
2021-22	429 (100%)	$4,986	261 (61%)	$6,930
Average	369 (77.11%)	$4,480	325 (67.33%)	$6,776

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 177 (36.33 % of students) received Pell (federal) grants and its average amount is $4,205.

In addition, 57 students received State/local government grants/scholarships (11.89 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	242 (43%)	$3,976	143 (26%)	$1,423	57 (10%)	$995	215 (38%)	$1,516
2014-15	191 (41%)	$4,141	100 (22%)	$1,451	49 (11%)	$1,255	200 (43%)	$2,051
2015-16	170 (34%)	$4,102	95 (19%)	$1,545	58 (12%)	$1,292	235 (47%)	$2,372
2016-17	184 (34%)	$4,112	109 (20%)	$1,461	63 (12%)	$1,263	241 (44%)	$2,479
2017-18	201 (39%)	$4,407	101 (20%)	$1,384	70 (14%)	$1,239	252 (49%)	$2,522
2018-19	161 (36%)	$4,069	89 (20%)	$1,851	56 (12%)	$1,364	210 (47%)	$2,696
2019-20	162 (34%)	$4,185	184 (39%)	$1,265	54 (11%)	$1,267	302 (64%)	$2,611
2020-21	141 (34%)	$4,331	315 (76%)	$1,232	55 (13%)	$1,386	225 (54%)	$2,989
2021-22	137 (32%)	$4,518	429 (100%)	$1,719	52 (12%)	$1,302	237 (55%)	$3,016
Average	177 (36.33%)	$4,205	174 (38.00%)	$1,481	57 (11.89%)	$1,263	235 (49.00%)	$2,472

^*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..

Student Loans

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, 325 (67.33 % of students) get any students loan help and its average loan amount is $325.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	406 (73%)	$6,344	405 (72%)	$5,719	33 (6%)	$7,860
2014-15	321 (70%)	$6,608	319 (69%)	$5,746	34 (7%)	$8,479
2015-16	344 (69%)	$6,867	342 (69%)	$5,346	65 (13%)	$8,212
2016-17	372 (68%)	$6,668	369 (68%)	$5,419	65 (12%)	$7,397
2017-18	363 (71%)	$7,063	359 (70%)	$5,429	67 (13%)	$9,173
2018-19	310 (69%)	$6,970	305 (68%)	$5,042	69 (15%)	$9,027
2019-20	306 (65%)	$6,878	300 (63%)	$5,190	60 (13%)	$9,124
2020-21	246 (60%)	$6,660	240 (58%)	$4,966	46 (11%)	$9,709
2021-22	261 (61%)	$6,930	247 (58%)	$5,122	50 (12%)	$10,873
Average	325 (67.33%)	$6,776	321 (66.11%)	$5,331	54 (11.33%)	$8,873

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Scholarships, Grants, and Loan Trends at BHSU

All Undergraduate Students Financial Aid Over Time

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