Scholarships, Grants, and Loan Trends at Selma

Over the past 9 years (2013-2021), the average number of students who received grants aid/scholarships is 349, which is 93.17 % of all undergraduate students. 313 students which is 80.17% of undergraduate students received federal student loans and the average loan amount is $5,591.
For full-time, first-time beginning students (freshmen), 91.83% of students received grants or scholarships and 94% 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 Selma University since 2013.
For that period, the average number of students who received grants aid/scholarships is 349, which is 93.17 % of all undergraduate students. 313 students which is 80.17% of undergraduate students received federal student loans and the average loan amount is $5,591.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14480 (82%)$1,396480 (82%)$1,271520 (89%)$2,906
2014-15505 (94%)$1,327505 (94%)$1,208520 (96%)$2,906
2015-16286 (91%)$5,023277 (88%)$4,66343 (14%)$3,159
2016-17300 (96%)$4,044300 (96%)$3,984290 (93%)$7,537
2017-18300 (96%)$4,044300 (96%)$3,984290 (93%)$7,537
2018-19224 (100%)$6,095220 (98%)$6,095215 (96%)$9,500
2019-20--
2020-21------
Average349 (93.17%)$3,655347 (92.33%)$3,534313 (80.17%)$5,591

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

For the last 9 years, on average, 79 (91.83 % of students) received grants or scholarships and its average amount is $3,511. It can cover 73.14% of tuition & fees ($4,800).
In addition, 88 (93.60 % of students) students get helped from the students loans (average amount : $2,440).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14185 (93%)$3,189185 (93%)$3,200
2014-15119 (85%)$3,389138 (99%)$2,759
2015-1656 (97%)$5,468--
2016-1743 (90%)$2,78543 (90%)$1,849
2017-1843 (86%)$2,78543 (86%)$1,849
2018-1930 (100%)$3,44830 (100%)$2,542
2019-20--
2020-21----
Average79 (91.83%)$3,51188 (93.60%)$2,440
*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 9 years, on average, 79 (91.83 % of students) received Pell (federal) grants and its average amount is $3,148.
In addition, 10 students received State/local government grants/scholarships (9.33 % 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
2013-14185 (93%)$2,865--10 (5%)$1,00050 (25%)$1,000
2014-15119 (85%)$2,885--10 (7%)$1,00050 (36%)$1,000
2015-1656 (97%)$5,1225 (9%)$2089 (16%)$28841 (71%)$384
2016-1743 (90%)$2,367----43 (90%)$419
2017-1843 (86%)$2,367----43 (86%)$419
2018-1930 (100%)$3,281----5 (17%)$1,000
2019-20--
2020-21--------
Average79 (91.83%)$3,1485 (9.00%)$20810 (9.33%)$76339 (54.17%)$704
*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 9 years, on average, 88 (93.60 % of students) get any students loan help and its average loan amount is $88.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14185 (93%)$3,200185 (93%)$3,200--
2014-15138 (99%)$2,759138 (99%)$2,759--
2015-16------
2016-1743 (90%)$1,84943 (90%)$1,7093 (6%)$2,000
2017-1843 (86%)$1,84943 (86%)$1,7093 (6%)$2,000
2018-1930 (100%)$2,54230 (100%)$2,3421 (3%)$6,000
2019-20--
2020-21------
Average88 (93.60%)$2,44088 (93.60%)$2,3442 (5.00%)$3,333
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