How SHU'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 Sacred Heart University since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,055, which is 88.67 % of all undergraduate students. 3,391 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $6,600.

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	3,667 (82%)	$14,859	847 (19%)	$3,983	2,786 (62%)	$6,826
2014-15	4,239 (85%)	$15,446	918 (18%)	$4,023	3,092 (62%)	$6,704
2015-16	4,486 (86%)	$15,984	868 (17%)	$4,128	3,178 (61%)	$6,678
2016-17	4,834 (89%)	$16,277	907 (17%)	$4,147	3,302 (61%)	$6,673
2017-18	5,066 (90%)	$16,740	964 (17%)	$4,313	3,328 (59%)	$6,586
2018-19	5,443 (91%)	$16,941	1,151 (19%)	$4,209	3,632 (61%)	$6,542
2019-20	5,619 (91%)	$18,153	1,053 (17%)	$4,507	3,623 (59%)	$6,510
2020-21	5,893 (92%)	$19,460	1,060 (17%)	$4,531	3,707 (58%)	$6,520
2021-22	6,252 (92%)	$20,192	1,076 (16%)	$4,720	3,869 (57%)	$6,364
Average	5,055 (88.67%)	$17,117	983 (17.44%)	$4,285	3,391 (60.00%)	$6,600

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

Overview

For the last 10 years, on average, 1,447 (98.67 % of students) received grants or scholarships and its average amount is $17,047. It can cover 35.18% of tuition & fees ($48,460).

In addition, 970 (66.22 % of students) students get helped from the students loans (average amount : $11,082).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,259 (99%)	$15,432	870 (69%)	$9,678
2014-15	1,365 (99%)	$15,043	964 (70%)	$10,200
2015-16	1,274 (99%)	$15,033	881 (68%)	$11,047
2016-17	1,279 (97%)	$15,472	862 (65%)	$10,810
2017-18	1,366 (98%)	$16,243	907 (65%)	$10,327
2018-19	1,446 (99%)	$18,130	1,002 (68%)	$11,262
2019-20	1,590 (99%)	$18,893	1,000 (62%)	$11,861
2020-21	1,629 (99%)	$19,690	1,050 (64%)	$12,170
2021-22	1,814 (99%)	$19,484	1,191 (65%)	$12,381
Average	1,447 (98.67%)	$17,047	970 (66.22%)	$11,082

^*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, 234 (15.89 % of students) received Pell (federal) grants and its average amount is $4,503.

In addition, 81 students received State/local government grants/scholarships (5.67 % 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	220 (17%)	$4,331	150 (12%)	$1,404	144 (11%)	$2,439	1,258 (99%)	$14,240
2014-15	247 (18%)	$4,264	166 (12%)	$1,935	170 (12%)	$2,450	1,360 (98%)	$13,781
2015-16	193 (15%)	$4,290	167 (13%)	$2,163	73 (6%)	$2,773	1,267 (98%)	$14,017
2016-17	215 (16%)	$4,332	127 (10%)	$1,175	22 (2%)	$1,818	1,275 (96%)	$14,642
2017-18	228 (16%)	$4,366	139 (10%)	$963	18 (1%)	$2,797	1,363 (98%)	$15,413
2018-19	225 (15%)	$4,495	151 (10%)	$2,480	69 (5%)	$2,647	1,441 (98%)	$17,104
2019-20	236 (15%)	$4,825	1,461 (91%)	$646	63 (4%)	$3,031	1,566 (98%)	$17,731
2020-21	251 (15%)	$4,736	199 (12%)	$3,214	84 (5%)	$3,054	1,619 (98%)	$18,523
2021-22	289 (16%)	$4,884	233 (13%)	$1,618	88 (5%)	$2,916	1,812 (99%)	$18,376
Average	234 (15.89%)	$4,503	310 (20.33%)	$1,733	81 (5.67%)	$2,658	1,440 (98.00%)	$15,981

^*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, 970 (66.22 % of students) get any students loan help and its average loan amount is $970.

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	870 (69%)	$9,678	858 (68%)	$5,457	173 (14%)	$21,608
2014-15	964 (70%)	$10,200	945 (68%)	$5,468	209 (15%)	$22,321
2015-16	881 (68%)	$11,047	867 (67%)	$5,370	217 (17%)	$23,394
2016-17	862 (65%)	$10,810	846 (64%)	$5,385	195 (15%)	$24,423
2017-18	907 (65%)	$10,327	888 (64%)	$5,342	191 (14%)	$24,200
2018-19	1,002 (68%)	$11,262	984 (67%)	$5,308	236 (16%)	$25,687
2019-20	1,000 (62%)	$11,861	980 (61%)	$5,303	246 (15%)	$27,088
2020-21	1,050 (64%)	$12,170	1,032 (63%)	$5,366	256 (16%)	$28,281
2021-22	1,191 (65%)	$12,381	1,163 (63%)	$5,270	299 (16%)	$28,819
Average	970 (66.22%)	$11,082	951 (65.00%)	$5,363	225 (15.33%)	$25,091

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Scholarships, Grants, and Loan Trends at SHU

All Undergraduate Students Financial Aid Over Time

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