How South Plains's Financial Aid Changes

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.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5,364 (56%)	$3,176	3,803 (40%)	$3,732	2,047 (21%)	$6,160
2014-15	5,345 (55%)	$1,895	3,769 (39%)	$2,192	1,784 (18%)	$3,334
2015-16	5,689 (61%)	$5,649	3,683 (39%)	$3,748	2,022 (22%)	$5,957
2016-17	5,250 (55%)	$3,871	3,786 (40%)	$3,717	2,007 (21%)	$6,008
2017-18	4,938 (53%)	$4,221	3,764 (40%)	$4,050	2,166 (23%)	$5,540
2018-19	4,733 (51%)	$4,913	3,703 (40%)	$4,779	1,798 (19%)	$5,639
2019-20	5,178 (56%)	$5,126	3,767 (41%)	$5,232	1,834 (20%)	$5,549
2020-21	4,868 (55%)	$6,437	3,272 (37%)	$4,093	1,526 (17%)	$5,429
2021-22	5,180 (58%)	$6,772	3,436 (38%)	$4,145	1,393 (16%)	$5,639
Average	5,172 (55.56%)	$4,673	3,665 (39.33%)	$3,965	1,842 (19.67%)	$5,473

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

Overview

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
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	982 (82%)	$4,374	346 (29%)	$5,165
2014-15	1,056 (76%)	$3,759	225 (16%)	$5,005
2015-16	1,093 (81%)	$4,180	337 (25%)	$4,469
2016-17	981 (77%)	$4,774	305 (24%)	$5,242
2017-18	1,073 (80%)	$4,888	316 (23%)	$4,855
2018-19	1,155 (78%)	$5,687	419 (28%)	$5,077
2019-20	917 (78%)	$5,717	290 (25%)	$4,900
2020-21	726 (76%)	$5,679	208 (22%)	$4,928
2021-22	932 (83%)	$5,794	230 (21%)	$4,703
Average	991 (79.00%)	$4,984	297 (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.

Grants/Scholarship

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) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	832 (70%)	$4,202	26 (2%)	$398	319 (27%)	$1,586	239 (20%)	$1,183
2014-15	840 (60%)	$3,908	17 (1%)	$353	251 (18%)	$2,157	109 (8%)	$1,279
2015-16	797 (59%)	$4,309	25 (2%)	$496	266 (20%)	$2,881	217 (16%)	$1,642
2016-17	805 (63%)	$4,246	34 (3%)	$1,691	206 (16%)	$2,563	321 (25%)	$2,117
2017-18	883 (65%)	$4,290	123 (9%)	$313	214 (16%)	$2,992	347 (26%)	$2,242
2018-19	917 (62%)	$5,336	87 (6%)	$516	471 (32%)	$2,510	226 (15%)	$1,985
2019-20	717 (61%)	$5,640	261 (22%)	$889	313 (27%)	$2,212	173 (15%)	$1,584
2020-21	548 (57%)	$4,740	314 (33%)	$1,922	261 (27%)	$2,497	151 (16%)	$1,792
2021-22	654 (58%)	$5,009	685 (61%)	$1,638	242 (22%)	$2,939	163 (15%)	$1,780
Average	777 (61.67%)	$4,631	175 (15.44%)	$913	283 (22.78%)	$2,482	216 (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..

Student Loans

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.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	346 (29%)	$5,165	346 (29%)	$5,165	-	-
2014-15	225 (16%)	$5,005	225 (16%)	$4,349	98 (7%)	$1,506
2015-16	337 (25%)	$4,469	337 (25%)	$4,469	-	-
2016-17	305 (24%)	$5,242	305 (24%)	$5,242	-	-
2017-18	316 (23%)	$4,855	316 (23%)	$4,855	-	-
2018-19	419 (28%)	$5,077	419 (28%)	$5,077	-	-
2019-20	290 (25%)	$4,900	290 (25%)	$4,900	-	-
2020-21	208 (22%)	$4,928	208 (22%)	$4,928	-	-
2021-22	230 (21%)	$4,703	230 (21%)	$4,703	-	-
Average	297 (23.67%)	$4,927	297 (23.67%)	$4,854	98 (7.00%)	$1,506

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Scholarships, Grants, and Loan Trends at South Plains

All Undergraduate Students Financial Aid Over Time

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