Scholarships, Grants, and Loan Trends at SU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,453, which is 97.22 % of all undergraduate students. 756 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $6,964.
For full-time, first-time beginning students (freshmen), 99.22% of students received grants or scholarships and 54% 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 University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,453, which is 97.22 % of all undergraduate students. 756 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $6,964.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,485 (97%)$21,281433 (28%)$4,342827 (54%)$7,309
2014-151,511 (98%)$21,896408 (27%)$4,381812 (53%)$7,395
2015-161,492 (98%)$22,662405 (27%)$4,452816 (54%)$7,356
2016-171,441 (97%)$23,524378 (25%)$4,318777 (52%)$7,318
2017-181,344 (96%)$24,919381 (27%)$4,506727 (52%)$7,170
2018-191,393 (97%)$26,451368 (26%)$4,836732 (51%)$6,732
2019-201,467 (97%)$26,483352 (23%)$4,607708 (47%)$6,403
2020-211,483 (98%)$27,664374 (25%)$5,005706 (47%)$6,444
2021-221,461 (97%)$28,809371 (25%)$5,018701 (47%)$6,549
Average1,453 (97.22%)$24,854386 (25.89%)$4,607756 (50.78%)$6,964

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

For the last 10 years, on average, 394 (99.22 % of students) received grants or scholarships and its average amount is $26,728. It can cover 52.55% of tuition & fees ($50,858).
In addition, 214 (54.00 % of students) students get helped from the students loans (average amount : $7,982).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14490 (100%)$22,418278 (57%)$8,738
2014-15381 (100%)$23,691209 (55%)$9,094
2015-16359 (100%)$25,211205 (57%)$8,002
2016-17372 (98%)$25,506198 (52%)$8,375
2017-18356 (98%)$26,506199 (55%)$7,885
2018-19440 (100%)$28,070217 (49%)$7,672
2019-20437 (99%)$27,990223 (50%)$6,978
2020-21360 (100%)$30,548208 (58%)$7,821
2021-22347 (98%)$30,609188 (53%)$7,269
Average394 (99.22%)$26,728214 (54.00%)$7,982
*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, 108 (27.11 % of students) received Pell (federal) grants and its average amount is $4,535.
In addition, 146 students received State/local government grants/scholarships (36.89 % 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
2013-14132 (27%)$4,14135 (7%)$914165 (34%)$3,379490 (100%)$20,100
2014-15101 (26%)$4,59857 (15%)$914148 (39%)$3,745381 (100%)$20,881
2015-16105 (29%)$4,44847 (13%)$947143 (40%)$3,789359 (100%)$22,277
2016-1789 (23%)$4,23937 (10%)$959126 (33%)$3,589371 (97%)$23,243
2017-18105 (29%)$4,19437 (10%)$919130 (36%)$3,564356 (98%)$23,871
2018-19111 (25%)$4,78555 (12%)$1,079169 (38%)$3,400440 (100%)$25,422
2019-20112 (25%)$4,65238 (9%)$1,304157 (35%)$3,581434 (98%)$25,573
2020-21121 (34%)$5,12059 (16%)$2,186137 (38%)$4,001360 (100%)$26,946
2021-2292 (26%)$4,63841 (12%)$1,470138 (39%)$3,687346 (97%)$27,820
Average108 (27.11%)$4,53545 (11.56%)$1,188146 (36.89%)$3,637393 (98.89%)$24,015
*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, 214 (54.00 % of students) get any students loan help and its average loan amount is $214.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14278 (57%)$8,738271 (55%)$6,31556 (11%)$12,817
2014-15209 (55%)$9,094203 (53%)$6,36450 (13%)$12,175
2015-16205 (57%)$8,002203 (57%)$6,33033 (9%)$10,773
2016-17198 (52%)$8,375193 (51%)$6,23431 (8%)$14,682
2017-18199 (55%)$7,885198 (55%)$6,09126 (7%)$13,962
2018-19217 (49%)$7,672215 (49%)$5,47130 (7%)$16,287
2019-20223 (50%)$6,978220 (50%)$5,21627 (6%)$15,135
2020-21208 (58%)$7,821204 (57%)$5,46638 (11%)$13,464
2021-22188 (53%)$7,269184 (52%)$5,35519 (5%)$20,064
Average214 (54.00%)$7,982210 (53.22%)$5,87134 (8.56%)$14,373
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