How SWOSU'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 Oklahoma State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,256, which is 76.78 % of all undergraduate students. 2,540 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $6,014.

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	3,131 (75%)	$6,577	1,564 (38%)	$4,252	2,678 (64%)	$5,538
2014-15	3,088 (73%)	$6,846	1,514 (36%)	$4,479	2,668 (63%)	$5,256
2015-16	3,140 (72%)	$6,983	1,473 (34%)	$4,361	2,659 (61%)	$5,520
2016-17	3,288 (73%)	$7,190	1,546 (34%)	$4,400	2,726 (60%)	$5,374
2017-18	3,303 (71%)	$7,218	1,594 (34%)	$4,487	2,354 (51%)	$6,207
2018-19	3,252 (73%)	$7,477	1,606 (36%)	$4,642	2,257 (51%)	$6,344
2019-20	3,558 (86%)	$7,126	1,520 (37%)	$4,753	2,498 (60%)	$6,345
2020-21	3,642 (91%)	$7,200	1,461 (36%)	$4,782	2,611 (65%)	$6,574
2021-22	2,904 (77%)	$8,246	1,421 (38%)	$4,955	2,410 (64%)	$6,970
Average	3,256 (76.78%)	$7,207	1,522 (35.89%)	$4,568	2,540 (59.89%)	$6,014

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

Overview

For the last 10 years, on average, 769 (87.89 % of students) received grants or scholarships and its average amount is $7,904. It can cover 94.95% of tuition & fees ($8,325) based on out-of-state rate.

In addition, 624 (71.67 % of students) students get helped from the students loans (average amount : $4,574).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	747 (85%)	$6,911	656 (75%)	$3,765
2014-15	746 (85%)	$6,912	647 (73%)	$3,727
2015-16	798 (85%)	$7,270	684 (73%)	$3,983
2016-17	854 (88%)	$7,481	732 (75%)	$3,874
2017-18	857 (86%)	$7,704	595 (60%)	$5,074
2018-19	825 (85%)	$8,344	562 (58%)	$5,151
2019-20	795 (95%)	$8,595	608 (72%)	$5,092
2020-21	712 (92%)	$9,384	610 (79%)	$5,222
2021-22	590 (90%)	$8,539	526 (80%)	$5,277
Average	769 (87.89%)	$7,904	624 (71.67%)	$4,574

^*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, 377 (43.22 % of students) received Pell (federal) grants and its average amount is $4,744.

In addition, 291 students received State/local government grants/scholarships (33.33 % 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	393 (45%)	$4,293	99 (11%)	$1,944	306 (35%)	$4,099	553 (63%)	$3,669
2014-15	339 (38%)	$4,459	84 (10%)	$2,071	289 (33%)	$4,156	582 (66%)	$3,900
2015-16	358 (38%)	$4,463	119 (13%)	$2,227	302 (32%)	$4,313	610 (65%)	$4,322
2016-17	409 (42%)	$4,594	137 (14%)	$1,717	317 (33%)	$4,705	644 (66%)	$4,321
2017-18	435 (44%)	$4,770	124 (12%)	$2,611	293 (29%)	$5,254	624 (63%)	$4,270
2018-19	425 (44%)	$4,921	88 (9%)	$303	336 (35%)	$4,761	626 (65%)	$5,058
2019-20	385 (46%)	$4,962	698 (83%)	$582	303 (36%)	$5,227	517 (62%)	$5,673
2020-21	345 (45%)	$5,054	604 (78%)	$696	270 (35%)	$5,621	541 (70%)	$5,544
2021-22	306 (47%)	$5,180	70 (11%)	$305	207 (32%)	$5,652	513 (78%)	$4,409
Average	377 (43.22%)	$4,744	225 (26.78%)	$1,384	291 (33.33%)	$4,865	579 (66.44%)	$4,574

^*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, 624 (71.67 % of students) get any students loan help and its average loan amount is $624.

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	656 (75%)	$3,765	656 (75%)	$3,716	7 (1%)	$4,632
2014-15	647 (73%)	$3,727	647 (73%)	$3,695	5 (1%)	$4,187
2015-16	684 (73%)	$3,983	683 (73%)	$3,916	9 (1%)	$5,553
2016-17	732 (75%)	$3,874	728 (75%)	$3,773	15 (2%)	$5,925
2017-18	595 (60%)	$5,074	593 (60%)	$4,941	14 (1%)	$6,353
2018-19	562 (58%)	$5,151	557 (57%)	$5,045	9 (1%)	$9,442
2019-20	608 (72%)	$5,092	606 (72%)	$4,994	10 (1%)	$6,955
2020-21	610 (79%)	$5,222	610 (79%)	$5,107	8 (1%)	$8,770
2021-22	526 (80%)	$5,277	525 (80%)	$5,113	11 (2%)	$8,284
Average	624 (71.67%)	$4,574	623 (71.56%)	$4,478	10 (1.22%)	$6,678

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Scholarships, Grants, and Loan Trends at SWOSU

All Undergraduate Students Financial Aid Over Time

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