How SNU'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 Southern Nazarene University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,384, which is 84.56 % of all undergraduate students. 1,071 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $8,155.

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	1,743 (100%)	$10,772	787 (45%)	$3,670	1,133 (65%)	$9,898
2014-15	1,302 (75%)	$13,335	642 (37%)	$3,872	1,104 (64%)	$7,946
2015-16	1,552 (94%)	$9,920	767 (47%)	$2,373	1,444 (88%)	$7,462
2016-17	1,530 (96%)	$21,874	622 (39%)	$3,823	1,220 (77%)	$9,711
2017-18	1,407 (92%)	$15,059	722 (47%)	$4,316	1,080 (70%)	$7,849
2018-19	866 (55%)	$15,232	399 (26%)	$3,990	658 (42%)	$7,994
2019-20	1,407 (87%)	$15,004	708 (44%)	$4,228	1,075 (67%)	$7,657
2020-21	1,353 (81%)	$15,251	737 (44%)	$4,392	1,002 (60%)	$7,529
2021-22	1,294 (81%)	$15,802	695 (44%)	$4,517	925 (58%)	$7,352
Average	1,384 (84.56%)	$14,694	675 (41.44%)	$3,909	1,071 (65.67%)	$8,155

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

Overview

For the last 10 years, on average, 263 (93.44 % of students) received grants or scholarships and its average amount is $18,362. It can cover 62.04% of tuition & fees ($29,600).

In addition, 180 (64.00 % of students) students get helped from the students loans (average amount : $7,853).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	276 (98%)	$14,583	188 (67%)	$6,707
2014-15	290 (99%)	$16,175	210 (72%)	$7,859
2015-16	278 (98%)	$20,684	252 (89%)	$13,714
2016-17	209 (78%)	$19,767	183 (68%)	$9,498
2017-18	294 (99%)	$18,915	185 (62%)	$6,414
2018-19	213 (72%)	$18,501	126 (43%)	$7,265
2019-20	281 (99%)	$17,641	180 (64%)	$6,293
2020-21	256 (99%)	$19,048	151 (58%)	$6,322
2021-22	272 (99%)	$19,948	145 (53%)	$6,605
Average	263 (93.44%)	$18,362	180 (64.00%)	$7,853

^*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, 114 (40.78 % of students) received Pell (federal) grants and its average amount is $4,415.

In addition, 63 students received State/local government grants/scholarships (22.44 % 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	115 (41%)	$4,051	95 (34%)	$638	51 (18%)	$4,061	266 (95%)	$12,373
2014-15	126 (43%)	$4,324	98 (33%)	$815	70 (24%)	$3,394	290 (99%)	$13,201
2015-16	122 (43%)	$3,273	104 (37%)	$974	73 (26%)	$6,317	277 (98%)	$17,287
2016-17	84 (31%)	$4,048	65 (24%)	$836	40 (15%)	$4,731	201 (75%)	$17,650
2017-18	130 (44%)	$4,831	101 (34%)	$826	65 (22%)	$4,970	294 (99%)	$15,397
2018-19	73 (25%)	$4,351	42 (14%)	$1,156	40 (14%)	$5,323	213 (72%)	$15,782
2019-20	115 (41%)	$4,675	66 (23%)	$850	59 (21%)	$5,063	281 (99%)	$14,465
2020-21	126 (49%)	$4,863	89 (34%)	$747	74 (29%)	$5,807	256 (99%)	$14,717
2021-22	137 (50%)	$5,318	87 (32%)	$760	91 (33%)	$5,702	272 (99%)	$15,119
Average	114 (40.78%)	$4,415	83 (29.44%)	$845	63 (22.44%)	$5,041	261 (92.78%)	$15,110

^*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, 180 (64.00 % of students) get any students loan help and its average loan amount is $180.

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	188 (67%)	$6,707	173 (62%)	$6,515	15 (5%)	$8,931
2014-15	210 (72%)	$7,859	208 (71%)	$6,239	26 (9%)	$13,565
2015-16	252 (89%)	$13,714	252 (89%)	$5,663	206 (73%)	$9,848
2016-17	183 (68%)	$9,498	183 (68%)	$8,825	14 (5%)	$8,792
2017-18	185 (62%)	$6,414	182 (61%)	$5,774	21 (7%)	$6,470
2018-19	126 (43%)	$7,265	123 (42%)	$5,767	18 (6%)	$11,447
2019-20	180 (64%)	$6,293	176 (62%)	$5,092	18 (6%)	$13,139
2020-21	151 (58%)	$6,322	149 (58%)	$5,285	14 (5%)	$11,940
2021-22	145 (53%)	$6,605	142 (52%)	$5,378	15 (5%)	$12,938
Average	180 (64.00%)	$7,853	176 (62.78%)	$6,060	39 (13.44%)	$10,786

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Scholarships, Grants, and Loan Trends at SNU

All Undergraduate Students Financial Aid Over Time

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