How SIPI'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 Southwestern Indian Polytechnic Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 313, which is 75.44 % of all undergraduate students.

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	267 (50%)	$3,892	266 (50%)	$3,108	-	-
2014-15	370 (77%)	$4,226	311 (65%)	$3,341	-	-
2015-16	264 (66%)	$4,180	215 (53%)	$3,434	-	-
2016-17	247 (67%)	$4,624	203 (55%)	$3,459	-	-
2017-18	259 (71%)	$4,067	181 (49%)	$3,804	-	-
2018-19	249 (68%)	$4,820	195 (53%)	$4,122	-	-
2019-20	354 (80%)	$4,825	241 (54%)	$3,846	-	-
2020-21	450 (100%)	$3,794	147 (33%)	$4,486	-	-
2021-22	357 (100%)	$7,108	126 (35%)	$3,548	-	-
Average	313 (75.44%)	$4,615	209 (49.67%)	$3,683	-	-

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

Overview

For the last 10 years, on average, 75 (77.89 % of students) received grants or scholarships and its average amount is $4,495. It can cover 410.47% of tuition & fees ($1,095) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	88 (72%)	$3,672	-	-
2014-15	85 (73%)	$3,387	-	-
2015-16	63 (66%)	$4,070	-	-
2016-17	62 (64%)	$3,981	-	-
2017-18	76 (69%)	$4,066	-	-
2018-19	81 (70%)	$5,187	-	-
2019-20	101 (87%)	$4,643	-	-
2020-21	68 (100%)	$3,215	-	-
2021-22	54 (100%)	$8,231	-	-
Average	75 (77.89%)	$4,495	-	-

^*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, 62 (61.22 % of students) received Pell (federal) grants and its average amount is $4,029.

In addition, 21 students received State/local government grants/scholarships (21.33 % 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	88 (72%)	$3,546	15 (12%)	$168	18 (15%)	$473	-	-
2014-15	85 (73%)	$3,281	4 (3%)	$271	13 (11%)	$609	-	-
2015-16	63 (66%)	$3,874	6 (6%)	$633	6 (6%)	$1,425	-	-
2016-17	62 (64%)	$3,543	11 (11%)	$340	18 (19%)	$1,302	-	-
2017-18	65 (59%)	$4,213	20 (18%)	$306	31 (28%)	$197	29 (26%)	$790
2018-19	76 (66%)	$4,665	12 (10%)	$521	45 (39%)	$848	17 (15%)	$1,246
2019-20	68 (59%)	$4,202	71 (61%)	$1,258	35 (30%)	$1,745	45 (39%)	$728
2020-21	24 (35%)	$4,596	37 (54%)	$1,402	11 (16%)	$1,155	68 (100%)	$643
2021-22	31 (57%)	$4,342	23 (43%)	$9,907	15 (28%)	$1,253	37 (69%)	$1,709
Average	62 (61.22%)	$4,029	22 (24.22%)	$1,645	21 (21.33%)	$1,001	39 (49.80%)	$1,023

^*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..

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Scholarships, Grants, and Loan Trends at SIPI

All Undergraduate Students Financial Aid Over Time

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