Scholarships, Grants, and Loan Trends at SVC

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 395, which is 92.40 % of all undergraduate students. 351 students which is 82.00% of undergraduate students received federal student loans and the average loan amount is $7,077.
For full-time, first-time beginning students (freshmen), 99.60% of students received grants or scholarships and 86% 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 Southern Vermont College since 2013.
For that period, the average number of students who received grants aid/scholarships is 395, which is 92.40 % of all undergraduate students. 351 students which is 82.00% of undergraduate students received federal student loans and the average loan amount is $7,077.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14436 (91%)$11,258222 (46%)$4,260402 (84%)$7,189
2014-15427 (94%)$14,348252 (55%)$4,269384 (84%)$7,454
2015-16414 (87%)$13,216209 (44%)$4,441357 (75%)$7,300
2016-17346 (93%)$14,743176 (47%)$4,373321 (86%)$6,742
2017-18350 (97%)$14,959152 (42%)$4,529292 (81%)$6,701
Average395 (92.40%)$13,705202 (46.80%)$4,374351 (82.00%)$7,077

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

For the last 6 years, on average, 89 (99.60 % of students) received grants or scholarships and its average amount is $14,329. It can cover 56.17% of tuition & fees ($25,511).
In addition, 77 (86.00 % of students) students get helped from the students loans (average amount : $9,777).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1493 (99%)$11,77382 (87%)$8,624
2014-1590 (100%)$16,16178 (87%)$8,145
2015-16103 (99%)$12,72586 (83%)$11,152
2016-1776 (100%)$14,14370 (92%)$10,817
2017-1884 (100%)$16,84468 (81%)$10,145
Average89 (99.60%)$14,32977 (86.00%)$9,777
*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 6 years, on average, 42 (47.20 % of students) received Pell (federal) grants and its average amount is $4,468.
In addition, 28 students received State/local government grants/scholarships (32.00 % 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
2013-1448 (51%)$4,45223 (24%)$1,10911 (12%)$2,13991 (97%)$9,144
2014-1551 (57%)$4,86131 (34%)$1,71231 (34%)$5,05390 (100%)$11,077
2015-1642 (40%)$4,2417 (7%)$85737 (36%)$3,501103 (99%)$9,680
2016-1737 (49%)$4,52510 (13%)$93127 (36%)$4,49276 (100%)$10,222
2017-1833 (39%)$4,2608 (10%)$71535 (42%)$2,12984 (100%)$14,215
Average42 (47.20%)$4,46816 (17.60%)$1,06528 (32.00%)$3,46389 (99.20%)$10,868
*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 6 years, on average, 77 (86.00 % of students) get any students loan help and its average loan amount is $77.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1482 (87%)$8,62479 (84%)$5,77919 (20%)$13,188
2014-1578 (87%)$8,14578 (87%)$5,41119 (21%)$11,224
2015-1686 (83%)$11,15285 (82%)$5,46433 (32%)$14,987
2016-1770 (92%)$10,81770 (92%)$5,82523 (30%)$15,193
2017-1868 (81%)$10,14568 (81%)$4,89221 (25%)$17,011
Average77 (86.00%)$9,77776 (85.20%)$5,47423 (25.60%)$14,321
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