Scholarships, Grants, and Loan Trends at South Plains

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,172, which is 55.56 % of all undergraduate students. 1,842 students which is 19.67% of undergraduate students received federal student loans and the average loan amount is $5,473.
For full-time, first-time beginning students (freshmen), 79.00% of students received grants or scholarships and 24% 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 Plains College since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,172, which is 55.56 % of all undergraduate students. 1,842 students which is 19.67% of undergraduate students received federal student loans and the average loan amount is $5,473.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,364 (56%)$3,1763,803 (40%)$3,7322,047 (21%)$6,160
2014-155,345 (55%)$1,8953,769 (39%)$2,1921,784 (18%)$3,334
2015-165,689 (61%)$5,6493,683 (39%)$3,7482,022 (22%)$5,957
2016-175,250 (55%)$3,8713,786 (40%)$3,7172,007 (21%)$6,008
2017-184,938 (53%)$4,2213,764 (40%)$4,0502,166 (23%)$5,540
2018-194,733 (51%)$4,9133,703 (40%)$4,7791,798 (19%)$5,639
2019-205,178 (56%)$5,1263,767 (41%)$5,2321,834 (20%)$5,549
2020-214,868 (55%)$6,4373,272 (37%)$4,0931,526 (17%)$5,429
2021-225,180 (58%)$6,7723,436 (38%)$4,1451,393 (16%)$5,639
Average5,172 (55.56%)$4,6733,665 (39.33%)$3,9651,842 (19.67%)$5,473

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

For the last 10 years, on average, 991 (79.00 % of students) received grants or scholarships and its average amount is $4,984. It can cover 103.03% of tuition & fees ($4,837) based on out-of-state rate.
In addition, 297 (23.67 % of students) students get helped from the students loans (average amount : $4,927).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14982 (82%)$4,374346 (29%)$5,165
2014-151,056 (76%)$3,759225 (16%)$5,005
2015-161,093 (81%)$4,180337 (25%)$4,469
2016-17981 (77%)$4,774305 (24%)$5,242
2017-181,073 (80%)$4,888316 (23%)$4,855
2018-191,155 (78%)$5,687419 (28%)$5,077
2019-20917 (78%)$5,717290 (25%)$4,900
2020-21726 (76%)$5,679208 (22%)$4,928
2021-22932 (83%)$5,794230 (21%)$4,703
Average991 (79.00%)$4,984297 (23.67%)$4,927
*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, 777 (61.67 % of students) received Pell (federal) grants and its average amount is $4,631.
In addition, 283 students received State/local government grants/scholarships (22.78 % 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
2013-14832 (70%)$4,20226 (2%)$398319 (27%)$1,586239 (20%)$1,183
2014-15840 (60%)$3,90817 (1%)$353251 (18%)$2,157109 (8%)$1,279
2015-16797 (59%)$4,30925 (2%)$496266 (20%)$2,881217 (16%)$1,642
2016-17805 (63%)$4,24634 (3%)$1,691206 (16%)$2,563321 (25%)$2,117
2017-18883 (65%)$4,290123 (9%)$313214 (16%)$2,992347 (26%)$2,242
2018-19917 (62%)$5,33687 (6%)$516471 (32%)$2,510226 (15%)$1,985
2019-20717 (61%)$5,640261 (22%)$889313 (27%)$2,212173 (15%)$1,584
2020-21548 (57%)$4,740314 (33%)$1,922261 (27%)$2,497151 (16%)$1,792
2021-22654 (58%)$5,009685 (61%)$1,638242 (22%)$2,939163 (15%)$1,780
Average777 (61.67%)$4,631175 (15.44%)$913283 (22.78%)$2,482216 (17.33%)$1,734
*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, 297 (23.67 % of students) get any students loan help and its average loan amount is $297.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14346 (29%)$5,165346 (29%)$5,165--
2014-15225 (16%)$5,005225 (16%)$4,34998 (7%)$1,506
2015-16337 (25%)$4,469337 (25%)$4,469--
2016-17305 (24%)$5,242305 (24%)$5,242--
2017-18316 (23%)$4,855316 (23%)$4,855--
2018-19419 (28%)$5,077419 (28%)$5,077--
2019-20290 (25%)$4,900290 (25%)$4,900--
2020-21208 (22%)$4,928208 (22%)$4,928--
2021-22230 (21%)$4,703230 (21%)$4,703--
Average297 (23.67%)$4,927297 (23.67%)$4,85498 (7.00%)$1,506
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