Scholarships, Grants, and Loan Trends at Erskine

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 655, which is 99.22 % of all undergraduate students. 461 students which is 69.33% of undergraduate students received federal student loans and the average loan amount is $5,747.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 78% 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 Erskine College since 2013.
For that period, the average number of students who received grants aid/scholarships is 655, which is 99.22 % of all undergraduate students. 461 students which is 69.33% of undergraduate students received federal student loans and the average loan amount is $5,747.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14571 (94%)$27,892230 (38%)$4,079370 (61%)$6,981
2014-15606 (100%)$29,483258 (43%)$4,166397 (66%)$6,822
2015-16622 (100%)$28,725231 (37%)$4,469436 (70%)$6,610
2016-17611 (100%)$17,502244 (40%)$2,355401 (66%)$3,733
2017-18583 (100%)$16,778208 (36%)$2,438405 (69%)$3,454
2018-19572 (100%)$17,486192 (34%)$2,393395 (69%)$3,417
2019-20790 (100%)$32,675343 (43%)$4,471570 (72%)$6,039
2020-21733 (100%)$33,852322 (44%)$4,400558 (76%)$6,695
2021-22811 (99%)$32,542341 (42%)$4,945613 (75%)$7,971
Average655 (99.22%)$26,326263 (39.67%)$3,746461 (69.33%)$5,747

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

For the last 10 years, on average, 236 (100.00 % of students) received grants or scholarships and its average amount is $22,416. It can cover 61.06% of tuition & fees ($36,710).
In addition, 184 (78.00 % of students) students get helped from the students loans (average amount : $4,618).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14207 (100%)$30,600140 (68%)$6,884
2014-15187 (100%)$34,864156 (83%)$6,952
2015-16217 (100%)$32,101169 (78%)$6,603
2016-17209 (100%)$16,281157 (75%)$3,252
2017-18190 (100%)$16,664137 (72%)$3,343
2018-19167 (100%)$17,558135 (81%)$3,161
2019-20391 (100%)$16,691291 (74%)$3,483
2020-21264 (100%)$20,149264 (100%)$3,673
2021-22295 (100%)$16,834208 (71%)$4,213
Average236 (100.00%)$22,416184 (78.00%)$4,618
*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, 100 (41.67 % of students) received Pell (federal) grants and its average amount is $3,168.
In addition, 158 students received State/local government grants/scholarships (67.11 % 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
2013-1492 (44%)$4,18344 (21%)$1,149141 (68%)$6,195207 (100%)$24,277
2014-15100 (53%)$4,29723 (12%)$1,565153 (82%)$7,083187 (100%)$26,578
2015-1685 (39%)$4,86324 (11%)$2,214153 (71%)$6,677217 (100%)$25,244
2016-1793 (44%)$2,31931 (15%)$1,737124 (59%)$3,706209 (100%)$12,793
2017-1865 (34%)$2,40024 (13%)$1,236106 (56%)$3,511190 (100%)$13,728
2018-1952 (31%)$2,51520 (12%)$1,015106 (63%)$3,645167 (100%)$14,340
2019-20179 (46%)$2,53111 (3%)$1,455256 (65%)$3,324388 (99%)$13,418
2020-21115 (44%)$2,7207 (3%)$1,949245 (93%)$3,323260 (98%)$16,072
2021-22119 (40%)$2,68013 (4%)$1,799139 (47%)$3,885295 (100%)$13,843
Average100 (41.67%)$3,16822 (10.44%)$1,569158 (67.11%)$4,594236 (99.67%)$17,810
*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, 184 (78.00 % of students) get any students loan help and its average loan amount is $184.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14140 (68%)$6,884140 (68%)$6,14920 (10%)$5,148
2014-15156 (83%)$6,952156 (83%)$6,45013 (7%)$6,021
2015-16169 (78%)$6,603169 (78%)$6,1537 (3%)$10,862
2016-17157 (75%)$3,252146 (70%)$3,13611 (5%)$4,781
2017-18137 (72%)$3,343137 (72%)$2,93110 (5%)$5,653
2018-19135 (81%)$3,161121 (72%)$2,77814 (8%)$6,475
2019-20291 (74%)$3,483287 (73%)$2,85027 (7%)$7,240
2020-21264 (100%)$3,673261 (99%)$2,99823 (9%)$8,131
2021-22208 (71%)$4,213208 (71%)$3,75316 (5%)$5,985
Average184 (78.00%)$4,618181 (76.22%)$4,13316 (6.56%)$6,700
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