Scholarships, Grants, and Loan Trends at SWIC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,140, which is 45.44 % of all undergraduate students. 1,546 students which is 16.33% of undergraduate students received federal student loans and the average loan amount is $3,469.
For full-time, first-time beginning students (freshmen), 53.22% of students received grants or scholarships and 19% 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 Southwestern Illinois College since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,140, which is 45.44 % of all undergraduate students. 1,546 students which is 16.33% of undergraduate students received federal student loans and the average loan amount is $3,469.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,505 (49%)$6,1334,323 (38%)$3,3942,774 (24%)$3,543
2014-155,100 (48%)$5,1264,046 (38%)$3,4002,501 (24%)$3,463
2015-164,553 (46%)$4,9903,587 (36%)$3,3812,023 (20%)$3,406
2016-174,192 (44%)$4,8963,258 (34%)$3,3501,700 (18%)$3,404
2017-183,905 (44%)$4,7843,016 (34%)$3,4171,138 (13%)$4,301
2018-193,210 (36%)$4,0092,727 (31%)$3,4451,205 (14%)$3,272
2019-204,810 (57%)$2,7272,494 (29%)$3,5621,086 (13%)$3,093
2020-213,587 (52%)$3,7951,932 (28%)$3,537754 (11%)$3,349
2021-222,402 (33%)$7,7521,852 (26%)$3,640732 (10%)$3,388
Average4,140 (45.44%)$4,9123,026 (32.67%)$3,4581,546 (16.33%)$3,469

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

For the last 10 years, on average, 485 (53.22 % of students) received grants or scholarships and its average amount is $4,967. It can cover 79.98% of tuition & fees ($6,210) based on out-of-state rate.
In addition, 181 (19.33 % of students) students get helped from the students loans (average amount : $3,690).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14649 (59%)$4,785335 (31%)$4,951
2014-15558 (54%)$4,732267 (26%)$3,431
2015-16500 (54%)$4,734218 (23%)$3,412
2016-17467 (53%)$5,509187 (21%)$3,426
2017-18468 (56%)$5,206174 (21%)$3,370
2018-19485 (56%)$4,626142 (16%)$3,381
2019-20496 (56%)$4,779129 (14%)$3,844
2020-21372 (44%)$4,81582 (10%)$3,331
2021-22370 (47%)$5,51498 (12%)$4,068
Average485 (53.22%)$4,967181 (19.33%)$3,690
*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, 374 (40.89 % of students) received Pell (federal) grants and its average amount is $4,434.
In addition, 128 students received State/local government grants/scholarships (14.22 % 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
2013-14524 (48%)$4,26679 (7%)$827146 (13%)$1,020156 (14%)$4,205
2014-15455 (44%)$4,18364 (6%)$897116 (11%)$1,010141 (14%)$3,993
2015-16393 (42%)$4,38858 (6%)$92375 (8%)$1,189136 (15%)$3,675
2016-17373 (42%)$4,509114 (13%)$786119 (14%)$991146 (17%)$4,680
2017-18382 (46%)$4,872133 (16%)$54299 (12%)$1,144117 (14%)$3,333
2018-19357 (41%)$4,351140 (16%)$629107 (12%)$1,213158 (18%)$2,989
2019-20352 (40%)$4,579110 (12%)$900163 (18%)$1,241179 (20%)$2,555
2020-21261 (31%)$4,12743 (5%)$1,336131 (15%)$1,135181 (21%)$2,805
2021-22267 (34%)$4,63270 (9%)$871197 (25%)$1,303150 (19%)$3,240
Average374 (40.89%)$4,43490 (10.00%)$857128 (14.22%)$1,138152 (16.89%)$3,497
*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, 181 (19.33 % of students) get any students loan help and its average loan amount is $181.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14335 (31%)$4,951332 (30%)$4,9643 (0%)$3,515
2014-15267 (26%)$3,431261 (25%)$3,3299 (1%)$5,244
2015-16218 (23%)$3,412210 (23%)$3,30410 (1%)$4,995
2016-17187 (21%)$3,426184 (21%)$3,3674 (0%)$5,265
2017-18174 (21%)$3,370168 (20%)$3,2548 (1%)$4,971
2018-19142 (16%)$3,381140 (16%)$3,3073 (0%)$5,742
2019-20129 (14%)$3,844123 (14%)$3,2298 (1%)$12,325
2020-2182 (10%)$3,33179 (9%)$2,9973 (0%)$12,109
2021-2298 (12%)$4,06891 (11%)$3,1069 (1%)$12,885
Average181 (19.33%)$3,690176 (18.78%)$3,4296 (1.00%)$7,450
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