Scholarships, Grants, and Loan Trends at SWIHA

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 583, which is 43.33 % of all undergraduate students. 678 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $4,626.
For full-time, first-time beginning students (freshmen), 40.11% of students received grants or scholarships and 58% 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 Southwest Institute of Healing Arts since 2013.
For that period, the average number of students who received grants aid/scholarships is 583, which is 43.33 % of all undergraduate students. 678 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $4,626.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,355 (90%)$4,682578 (38%)$4,1741,460 (97%)$3,581
2014-151,450 (96%)$4,375570 (38%)$4,0541,019 (68%)$5,181
2015-16454 (33%)$3,461391 (28%)$3,816572 (42%)$5,671
2016-17325 (24%)$3,589305 (22%)$3,529813 (60%)$3,117
2017-18296 (27%)$3,705289 (27%)$3,702412 (38%)$6,022
2018-19212 (18%)$4,222208 (18%)$4,185283 (24%)$2,637
2019-20372 (27%)$3,431351 (25%)$3,307507 (37%)$5,258
2020-21283 (37%)$2,287276 (36%)$2,212378 (49%)$5,105
2021-22502 (38%)$3,229493 (38%)$3,230654 (50%)$5,062
Average583 (43.33%)$3,665385 (30.00%)$3,579678 (51.67%)$4,626

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

For the last 10 years, on average, 219 (40.11 % of students) received grants or scholarships and its average amount is $3,441. It can cover 24.89% of tuition & fees ($13,825).
In addition, 358 (58.33 % of students) students get helped from the students loans (average amount : $5,252).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14481 (32%)$3,246929 (63%)$4,463
2014-15477 (39%)$3,275930 (77%)$4,483
2015-16153 (45%)$3,798223 (66%)$7,617
2016-17159 (37%)$3,653224 (51%)$5,786
2017-18103 (47%)$3,922139 (63%)$6,496
2018-1957 (26%)$3,76272 (33%)$2,504
2019-20104 (48%)$3,383129 (59%)$5,539
2020-2173 (39%)$2,69592 (49%)$5,225
2021-22363 (48%)$3,231484 (64%)$5,151
Average219 (40.11%)$3,441358 (58.33%)$5,252
*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, 211 (39.11 % of students) received Pell (federal) grants and its average amount is $3,295.
In addition, 3 students received State/local government grants/scholarships (2.33 % 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
2013-14456 (31%)$3,00069 (5%)$254--29 (2%)$6,053
2014-15450 (37%)$3,04360 (5%)$276--30 (2%)$5,867
2015-16151 (45%)$3,71518 (5%)$372--2 (1%)$6,725
2016-17156 (36%)$3,6061 (0%)$10,8452 (0%)$3,735--
2017-18102 (46%)$3,890--2 (1%)$3,606--
2018-1956 (26%)$3,686--1 (0%)$8,027--
2019-2097 (45%)$3,244--7 (3%)$5,300--
2020-2173 (39%)$2,255--6 (3%)$5,350--
2021-22357 (47%)$3,21939 (5%)$5271 (0%)$2,975--
Average211 (39.11%)$3,29537 (5.00%)$2,4553 (2.33%)$4,83220 (1.67%)$6,215
*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, 358 (58.33 % of students) get any students loan help and its average loan amount is $358.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14929 (63%)$4,463929 (63%)$4,4118 (1%)$6,040
2014-15930 (77%)$4,483930 (77%)$4,4655 (0%)$3,450
2015-16223 (66%)$7,617222 (66%)$7,5982 (1%)$5,979
2016-17224 (51%)$5,786224 (51%)$5,6932 (0%)$10,349
2017-18139 (63%)$6,496139 (63%)$6,496--
2018-1972 (33%)$2,50472 (33%)$2,504--
2019-20129 (59%)$5,539129 (59%)$5,539--
2020-2192 (49%)$5,22592 (49%)$5,2091 (1%)$1,443
2021-22484 (64%)$5,151474 (63%)$5,14910 (1%)$5,235
Average358 (58.33%)$5,252357 (58.22%)$5,2295 (1.00%)$5,416
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