Scholarships, Grants, and Loan Trends at Soka

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 416, which is 100.00 % of all undergraduate students. 132 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $6,221.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 57% 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 Soka University of America since 2013.
For that period, the average number of students who received grants aid/scholarships is 416, which is 100.00 % of all undergraduate students. 132 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $6,221.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14411 (100%)$29,888118 (29%)$4,434145 (35%)$6,266
2014-15411 (100%)$32,528120 (29%)$4,510134 (33%)$6,166
2015-16432 (100%)$32,411120 (28%)$4,48398 (23%)$8,189
2016-17416 (100%)$33,971106 (25%)$4,861114 (27%)$5,597
2017-18413 (100%)$34,57093 (23%)$4,793171 (41%)$6,979
2018-19426 (100%)$35,245102 (24%)$4,837166 (39%)$6,135
2019-20406 (100%)$37,12084 (21%)$4,683162 (40%)$5,763
2020-21392 (100%)$30,93481 (21%)$4,797127 (32%)$5,815
2021-22435 (100%)$37,02383 (19%)$4,88971 (16%)$5,082
Average416 (100.00%)$33,743101 (24.33%)$4,699132 (31.78%)$6,221

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

For the last 10 years, on average, 112 (99.89 % of students) received grants or scholarships and its average amount is $32,260. It can cover 86.14% of tuition & fees ($37,450).
In addition, 64 (56.89 % of students) students get helped from the students loans (average amount : $7,154).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14113 (100%)$28,44160 (53%)$6,446
2014-15100 (100%)$32,25542 (42%)$5,890
2015-16127 (100%)$32,114100 (79%)$7,720
2016-17103 (99%)$32,24646 (44%)$7,431
2017-18107 (100%)$32,62977 (72%)$7,679
2018-19111 (100%)$34,55768 (61%)$8,497
2019-20108 (100%)$34,55771 (66%)$7,730
2020-21102 (100%)$29,33744 (43%)$5,511
2021-22133 (100%)$34,20069 (52%)$7,481
Average112 (99.89%)$32,26064 (56.89%)$7,154
*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, 24 (21.67 % of students) received Pell (federal) grants and its average amount is $4,836.
In addition, 10 students received State/local government grants/scholarships (9.44 % 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
2013-1428 (25%)$4,8159 (8%)$1,55615 (13%)$6,236113 (100%)$26,296
2014-1524 (24%)$4,45711 (11%)$1,00011 (11%)$8,857100 (100%)$30,101
2015-1634 (27%)$5,08420 (16%)$1,00016 (13%)$4,906127 (100%)$29,977
2016-1720 (19%)$4,7387 (7%)$1,00013 (13%)$5,662103 (99%)$30,544
2017-1822 (21%)$4,57810 (9%)$9557 (7%)$8,435107 (100%)$31,047
2018-1930 (27%)$4,95716 (14%)$9699 (8%)$7,437111 (100%)$32,475
2019-2018 (17%)$4,36952 (48%)$1,7198 (7%)$3,421108 (100%)$32,748
2020-2115 (15%)$5,61346 (45%)$1,0899 (9%)$4,132102 (100%)$27,656
2021-2226 (20%)$4,914133 (100%)$1,1005 (4%)$6,191133 (100%)$31,907
Average24 (21.67%)$4,83634 (28.67%)$1,15410 (9.44%)$6,142112 (99.89%)$30,306
*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, 64 (56.89 % of students) get any students loan help and its average loan amount is $64.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1460 (53%)$6,44643 (38%)$4,93820 (18%)$8,721
2014-1542 (42%)$5,89028 (28%)$4,64314 (14%)$8,385
2015-16100 (79%)$7,72042 (33%)$4,68159 (46%)$9,752
2016-1746 (44%)$7,43126 (25%)$4,81320 (19%)$10,835
2017-1877 (72%)$7,67946 (43%)$4,98833 (31%)$10,965
2018-1968 (61%)$8,49736 (32%)$5,28733 (30%)$11,743
2019-2071 (66%)$7,73045 (42%)$4,78326 (24%)$12,832
2020-2144 (43%)$5,51131 (30%)$4,71113 (13%)$7,418
2021-2269 (52%)$7,48137 (28%)$4,78332 (24%)$10,600
Average64 (56.89%)$7,15437 (33.22%)$4,84728 (24.33%)$10,139
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