Scholarships, Grants, and Loan Trends at South Central

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,072, which is 72.11 % of all undergraduate students. 1,144 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $5,694.
For full-time, first-time beginning students (freshmen), 77.89% of students received grants or scholarships and 41% 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 South Central College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,072, which is 72.11 % of all undergraduate students. 1,144 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $5,694.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,328 (68%)$3,4641,628 (48%)$3,3781,836 (54%)$5,825
2014-152,235 (66%)$3,5881,528 (45%)$3,4351,638 (48%)$5,740
2015-161,943 (66%)$3,5971,322 (45%)$3,4321,373 (46%)$5,745
2016-171,897 (68%)$3,6761,270 (45%)$3,4311,197 (43%)$6,198
2017-181,905 (68%)$3,6941,267 (45%)$3,5701,088 (39%)$5,514
2018-191,774 (65%)$3,9931,124 (41%)$3,783908 (33%)$5,549
2019-202,058 (74%)$3,8921,146 (41%)$3,663886 (32%)$5,393
2020-212,184 (82%)$3,693952 (36%)$3,588738 (28%)$5,541
2021-222,321 (92%)$4,230873 (35%)$3,591634 (25%)$5,744
Average2,072 (72.11%)$3,7591,234 (42.33%)$3,5411,144 (38.67%)$5,694

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

For the last 10 years, on average, 280 (77.89 % of students) received grants or scholarships and its average amount is $4,635. It can cover 75.42% of tuition & fees ($6,146) based on out-of-state rate.
In addition, 154 (40.67 % of students) students get helped from the students loans (average amount : $5,084).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14289 (72%)$4,219247 (61%)$5,588
2014-15314 (69%)$4,282241 (53%)$4,854
2015-16271 (73%)$4,263182 (49%)$5,117
2016-17296 (70%)$4,670175 (41%)$5,419
2017-18281 (71%)$4,715146 (37%)$4,708
2018-19268 (71%)$4,840117 (31%)$4,888
2019-20281 (85%)$4,728111 (34%)$5,174
2020-21284 (92%)$4,48598 (32%)$4,787
2021-22233 (98%)$5,51466 (28%)$5,221
Average280 (77.89%)$4,635154 (40.67%)$5,084
*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, 199 (53.89 % of students) received Pell (federal) grants and its average amount is $4,228.
In addition, 205 students received State/local government grants/scholarships (56.22 % 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
2013-14233 (58%)$3,97517 (4%)$872218 (54%)$1,11534 (8%)$1,039
2014-15242 (53%)$4,04841 (9%)$667240 (53%)$1,27346 (10%)$693
2015-16201 (54%)$4,10622 (6%)$686205 (55%)$1,27561 (16%)$879
2016-17230 (54%)$4,21130 (7%)$513233 (55%)$1,50459 (14%)$811
2017-18224 (57%)$4,35133 (8%)$859221 (56%)$1,21657 (14%)$933
2018-19196 (52%)$4,59427 (7%)$476197 (53%)$1,60871 (19%)$945
2019-20184 (56%)$4,555216 (65%)$635198 (60%)$1,50863 (19%)$868
2020-21156 (50%)$4,023239 (77%)$1,337186 (60%)$1,41258 (19%)$1,102
2021-22121 (51%)$4,192232 (97%)$2,091143 (60%)$1,65638 (16%)$1,461
Average199 (53.89%)$4,22895 (31.11%)$904205 (56.22%)$1,39654 (15.00%)$970
*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, 154 (40.67 % of students) get any students loan help and its average loan amount is $154.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14247 (61%)$5,588245 (61%)$5,27212 (3%)$7,394
2014-15241 (53%)$4,854241 (53%)$4,7774 (1%)$4,657
2015-16182 (49%)$5,117181 (49%)$4,8299 (2%)$6,359
2016-17175 (41%)$5,419175 (41%)$5,2755 (1%)$5,067
2017-18146 (37%)$4,708146 (37%)$4,5574 (1%)$5,500
2018-19117 (31%)$4,888113 (30%)$4,8815 (1%)$4,075
2019-20111 (34%)$5,174111 (34%)$5,0064 (1%)$4,656
2020-2198 (32%)$4,78797 (31%)$4,5644 (1%)$6,600
2021-2266 (28%)$5,22164 (27%)$5,1932 (1%)$6,100
Average154 (40.67%)$5,084153 (40.33%)$4,9285 (1.33%)$5,601
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