How SWU'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 Wesleyan University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,030, which is 82.00 % of all undergraduate students. 831 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $7,443.

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	1,088 (82%)	$9,864	623 (47%)	$3,769	932 (70%)	$8,135
2014-15	1,131 (80%)	$10,850	655 (46%)	$3,908	955 (67%)	$8,026
2015-16	1,067 (81%)	$12,297	579 (44%)	$4,047	863 (65%)	$7,191
2016-17	1,098 (77%)	$13,170	635 (45%)	$4,009	827 (58%)	$7,421
2017-18	1,066 (78%)	$13,793	603 (44%)	$4,083	903 (66%)	$7,550
2018-19	1,026 (84%)	$14,497	561 (46%)	$4,401	850 (69%)	$7,328
2019-20	974 (85%)	$15,585	517 (45%)	$4,450	801 (70%)	$7,165
2020-21	946 (87%)	$16,691	472 (44%)	$4,551	717 (66%)	$7,139
2021-22	876 (84%)	$16,827	432 (41%)	$4,498	632 (61%)	$7,036
Average	1,030 (82.00%)	$13,730	564 (44.67%)	$4,191	831 (65.78%)	$7,443

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

Overview

For the last 10 years, on average, 186 (99.33 % of students) received grants or scholarships and its average amount is $17,968. It can cover 64.47% of tuition & fees ($27,870).

In addition, 135 (72.22 % of students) students get helped from the students loans (average amount : $6,816).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	160 (99%)	$15,726	124 (77%)	$7,052
2014-15	184 (97%)	$16,614	143 (75%)	$6,845
2015-16	187 (100%)	$18,241	134 (72%)	$6,827
2016-17	190 (100%)	$17,538	148 (78%)	$6,931
2017-18	196 (99%)	$18,984	141 (72%)	$6,595
2018-19	210 (99%)	$18,227	154 (72%)	$7,054
2019-20	194 (100%)	$18,238	143 (74%)	$6,337
2020-21	189 (100%)	$18,506	130 (69%)	$6,900
2021-22	161 (100%)	$19,636	99 (61%)	$6,805
Average	186 (99.33%)	$17,968	135 (72.22%)	$6,816

^*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, 92 (49.00 % of students) received Pell (federal) grants and its average amount is $4,640.

In addition, 124 students received State/local government grants/scholarships (66.44 % 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	91 (57%)	$4,215	36 (22%)	$824	117 (73%)	$5,835	151 (94%)	$9,406
2014-15	103 (54%)	$4,435	36 (19%)	$1,135	127 (67%)	$6,077	172 (91%)	$10,392
2015-16	96 (51%)	$4,437	32 (17%)	$1,087	141 (75%)	$6,120	187 (100%)	$11,162
2016-17	94 (49%)	$4,714	22 (12%)	$1,146	132 (69%)	$6,212	189 (99%)	$10,814
2017-18	102 (52%)	$4,564	30 (15%)	$1,026	129 (65%)	$6,490	195 (99%)	$12,242
2018-19	109 (51%)	$4,764	40 (19%)	$996	142 (67%)	$6,876	207 (97%)	$11,074
2019-20	88 (45%)	$4,721	176 (91%)	$832	127 (65%)	$7,013	192 (99%)	$10,863
2020-21	74 (39%)	$5,024	81 (43%)	$2,971	107 (57%)	$6,954	187 (99%)	$11,450
2021-22	70 (43%)	$4,889	76 (47%)	$2,880	96 (60%)	$7,114	159 (99%)	$12,059
Average	92 (49.00%)	$4,640	59 (31.67%)	$1,433	124 (66.44%)	$6,521	182 (97.44%)	$11,051

^*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, 135 (72.22 % of students) get any students loan help and its average loan amount is $135.

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	124 (77%)	$7,052	124 (77%)	$6,516	7 (4%)	$9,503
2014-15	143 (75%)	$6,845	142 (75%)	$6,616	8 (4%)	$4,927
2015-16	134 (72%)	$6,827	134 (72%)	$5,800	14 (7%)	$9,828
2016-17	148 (78%)	$6,931	147 (77%)	$5,961	20 (11%)	$7,471
2017-18	141 (72%)	$6,595	141 (72%)	$5,866	13 (7%)	$7,906
2018-19	154 (72%)	$7,054	152 (71%)	$5,322	32 (15%)	$8,667
2019-20	143 (74%)	$6,337	139 (72%)	$5,567	15 (8%)	$8,823
2020-21	130 (69%)	$6,900	129 (68%)	$5,469	23 (12%)	$8,327
2021-22	99 (61%)	$6,805	99 (61%)	$5,714	17 (11%)	$6,358
Average	135 (72.22%)	$6,816	134 (71.67%)	$5,870	17 (8.78%)	$7,979

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Scholarships, Grants, and Loan Trends at SWU

All Undergraduate Students Financial Aid Over Time

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