How SMCM'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 St. Mary's College of Maryland since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,274, which is 79.56 % of all undergraduate students. 903 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $6,465.

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	1,340 (74%)	$13,184	351 (19%)	$4,367	792 (44%)	$6,258
2014-15	1,170 (66%)	$8,700	311 (18%)	$4,407	1,131 (64%)	$6,614
2015-16	1,216 (71%)	$8,223	314 (18%)	$4,208	1,112 (65%)	$6,624
2016-17	1,190 (74%)	$8,304	313 (20%)	$4,359	1,051 (66%)	$6,719
2017-18	1,266 (81%)	$8,301	328 (21%)	$4,548	1,075 (68%)	$6,703
2018-19	1,342 (86%)	$8,663	325 (21%)	$4,841	767 (49%)	$6,320
2019-20	1,263 (85%)	$8,734	318 (21%)	$4,830	969 (65%)	$6,622
2020-21	1,346 (91%)	$8,930	310 (21%)	$5,009	599 (40%)	$6,171
2021-22	1,336 (88%)	$9,939	305 (20%)	$4,945	629 (41%)	$6,153
Average	1,274 (79.56%)	$9,220	319 (19.89%)	$4,613	903 (55.78%)	$6,465

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

Overview

For the last 10 years, on average, 316 (86.89 % of students) received grants or scholarships and its average amount is $9,662. It can cover 30.86% of tuition & fees ($31,312) based on out-of-state rate.

In addition, 232 (64.11 % of students) students get helped from the students loans (average amount : $6,308).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	251 (66%)	$11,675	174 (45%)	$5,620
2014-15	293 (78%)	$8,070	302 (80%)	$5,712
2015-16	343 (87%)	$8,701	304 (77%)	$6,006
2016-17	275 (82%)	$8,414	264 (79%)	$6,194
2017-18	302 (89%)	$9,177	287 (84%)	$6,491
2018-19	349 (93%)	$9,453	188 (50%)	$5,760
2019-20	303 (95%)	$10,378	242 (76%)	$6,338
2020-21	368 (98%)	$10,828	150 (40%)	$7,189
2021-22	359 (94%)	$10,265	176 (46%)	$7,459
Average	316 (86.89%)	$9,662	232 (64.11%)	$6,308

^*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, 74 (20.33 % of students) received Pell (federal) grants and its average amount is $4,524.

In addition, 94 students received State/local government grants/scholarships (25.67 % 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	95 (25%)	$4,065	4 (1%)	$1,000	137 (36%)	$4,608	243 (63%)	$7,855
2014-15	69 (18%)	$4,480	16 (4%)	$484	100 (26%)	$3,922	282 (75%)	$5,870
2015-16	82 (21%)	$4,394	20 (5%)	$497	113 (29%)	$4,294	332 (84%)	$6,413
2016-17	65 (19%)	$4,302	9 (3%)	$1,000	77 (23%)	$4,254	266 (80%)	$6,382
2017-18	67 (20%)	$4,120	4 (1%)	$1,000	72 (21%)	$4,265	301 (88%)	$7,257
2018-19	64 (17%)	$4,495	22 (6%)	$477	81 (22%)	$2,532	346 (92%)	$8,081
2019-20	71 (22%)	$5,051	31 (10%)	$492	82 (26%)	$5,324	302 (94%)	$7,729
2020-21	88 (23%)	$5,148	196 (52%)	$502	98 (26%)	$6,138	355 (94%)	$7,976
2021-22	68 (18%)	$4,657	23 (6%)	$462	82 (22%)	$6,199	358 (94%)	$7,960
Average	74 (20.33%)	$4,524	36 (9.78%)	$657	94 (25.67%)	$4,615	309 (84.89%)	$7,280

^*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, 232 (64.11 % of students) get any students loan help and its average loan amount is $232.

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	174 (45%)	$5,620	173 (45%)	$5,422	4 (1%)	$9,975
2014-15	302 (80%)	$5,712	301 (80%)	$5,383	9 (2%)	$11,628
2015-16	304 (77%)	$6,006	304 (77%)	$5,512	12 (3%)	$12,503
2016-17	264 (79%)	$6,194	263 (79%)	$5,513	15 (4%)	$12,351
2017-18	287 (84%)	$6,491	286 (84%)	$5,509	20 (6%)	$14,360
2018-19	188 (50%)	$5,760	180 (48%)	$5,274	9 (2%)	$14,832
2019-20	242 (76%)	$6,338	241 (75%)	$5,323	15 (5%)	$16,729
2020-21	150 (40%)	$7,189	146 (39%)	$5,108	19 (5%)	$17,506
2021-22	176 (46%)	$7,459	172 (45%)	$5,145	24 (6%)	$17,832
Average	232 (64.11%)	$6,308	230 (63.56%)	$5,354	14 (3.78%)	$14,191

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Scholarships, Grants, and Loan Trends at SMCM

All Undergraduate Students Financial Aid Over Time

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