Scholarships, Grants, and Loan Trends at SPU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,810, which is 94.33 % of all undergraduate students. 1,778 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $6,985.
For full-time, first-time beginning students (freshmen), 98.56% of students received grants or scholarships and 62% 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 Seattle Pacific University since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,810, which is 94.33 % of all undergraduate students. 1,778 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $6,985.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,127 (93%)$19,1451,022 (30%)$4,1432,211 (66%)$7,313
2014-153,033 (93%)$20,357977 (30%)$4,1422,095 (64%)$7,425
2015-163,036 (94%)$20,928905 (28%)$4,1312,010 (62%)$7,235
2016-172,952 (95%)$22,665842 (27%)$4,1111,890 (61%)$7,091
2017-182,734 (94%)$24,264852 (29%)$4,3901,704 (59%)$7,214
2018-192,717 (94%)$26,484874 (30%)$4,4431,667 (58%)$6,772
2019-202,591 (95%)$28,757879 (32%)$4,5511,564 (58%)$6,513
2020-212,592 (96%)$31,997894 (33%)$4,7291,472 (54%)$6,760
2021-222,505 (95%)$23,247893 (34%)$4,7071,393 (53%)$6,546
Average2,810 (94.33%)$24,205904 (30.33%)$4,3721,778 (59.44%)$6,985

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

For the last 10 years, on average, 660 (98.56 % of students) received grants or scholarships and its average amount is $26,688. It can cover 68.76% of tuition & fees ($38,814).
In addition, 420 (62.33 % of students) students get helped from the students loans (average amount : $7,147).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14745 (97%)$20,777537 (70%)$7,560
2014-15673 (99%)$22,131430 (63%)$7,363
2015-16675 (98%)$22,079436 (63%)$7,699
2016-17668 (98%)$23,350433 (63%)$7,258
2017-18634 (99%)$26,549402 (63%)$7,082
2018-19701 (99%)$30,330456 (64%)$7,392
2019-20627 (99%)$32,384394 (62%)$6,507
2020-21644 (99%)$37,230365 (56%)$6,567
2021-22570 (99%)$25,359329 (57%)$6,894
Average660 (98.56%)$26,688420 (62.33%)$7,147
*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, 224 (33.33 % of students) received Pell (federal) grants and its average amount is $4,432.
In addition, 209 students received State/local government grants/scholarships (31.22 % 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
2013-14222 (29%)$4,35773 (10%)$3,750292 (38%)$5,287743 (97%)$17,085
2014-15207 (30%)$4,09098 (14%)$4,369251 (37%)$5,296669 (98%)$18,370
2015-16198 (29%)$4,28561 (9%)$4,372236 (34%)$5,649673 (98%)$18,507
2016-17174 (25%)$4,12458 (8%)$3,382101 (15%)$8,885667 (98%)$20,670
2017-18208 (32%)$4,49891 (14%)$4,520134 (21%)$10,693634 (99%)$22,164
2018-19277 (39%)$4,499151 (21%)$3,731180 (25%)$10,114698 (99%)$25,259
2019-20262 (41%)$4,520109 (17%)$3,517198 (31%)$10,321627 (99%)$26,624
2020-21244 (37%)$4,70694 (14%)$3,552241 (37%)$8,599644 (99%)$31,711
2021-22220 (38%)$4,80955 (10%)$3,895246 (43%)$8,285569 (99%)$19,586
Average224 (33.33%)$4,43288 (13.00%)$3,899209 (31.22%)$8,125658 (98.44%)$22,220
*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, 420 (62.33 % of students) get any students loan help and its average loan amount is $420.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14537 (70%)$7,560535 (70%)$6,74573 (10%)$6,183
2014-15430 (63%)$7,363429 (63%)$6,77234 (5%)$7,674
2015-16436 (63%)$7,699434 (63%)$5,69385 (12%)$10,421
2016-17433 (63%)$7,258431 (63%)$6,07656 (8%)$9,353
2017-18402 (63%)$7,082391 (61%)$6,00248 (7%)$10,424
2018-19456 (64%)$7,392449 (63%)$5,71665 (9%)$12,376
2019-20394 (62%)$6,507389 (61%)$5,15148 (8%)$11,661
2020-21365 (56%)$6,567359 (55%)$5,46830 (5%)$14,470
2021-22329 (57%)$6,894320 (56%)$5,11641 (7%)$15,392
Average420 (62.33%)$7,147415 (61.67%)$5,86053 (7.89%)$10,884
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