Scholarships, Grants, and Loan Trends at USAO

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 743, which is 87.67 % of all undergraduate students. 395 students which is 46.11% of undergraduate students received federal student loans and the average loan amount is $6,175.
For full-time, first-time beginning students (freshmen), 93.89% of students received grants or scholarships and 51% 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 University of Science and Arts of Oklahoma since 2013.
For that period, the average number of students who received grants aid/scholarships is 743, which is 87.67 % of all undergraduate students. 395 students which is 46.11% of undergraduate students received federal student loans and the average loan amount is $6,175.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14765 (84%)$7,659392 (43%)$4,327447 (49%)$6,258
2014-15763 (84%)$8,239391 (43%)$4,333426 (47%)$6,306
2015-16724 (83%)$8,513351 (40%)$4,318415 (47%)$6,366
2016-17726 (87%)$9,925357 (43%)$4,370379 (45%)$6,478
2017-18770 (87%)$10,086428 (49%)$4,885513 (58%)$4,890
2018-19751 (88%)$10,973407 (48%)$5,071371 (43%)$6,185
2019-20763 (95%)$11,466367 (46%)$5,259353 (44%)$6,213
2020-21667 (91%)$11,721343 (47%)$5,401311 (42%)$6,489
2021-22761 (90%)$11,315376 (44%)$5,520342 (40%)$6,388
Average743 (87.67%)$9,989379 (44.78%)$4,832395 (46.11%)$6,175

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

For the last 10 years, on average, 180 (93.89 % of students) received grants or scholarships and its average amount is $10,693. It can cover 52.96% of tuition & fees ($20,190) based on out-of-state rate.
In addition, 97 (50.78 % of students) students get helped from the students loans (average amount : $5,159).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14159 (94%)$9,26480 (47%)$5,277
2014-15164 (98%)$9,487119 (71%)$3,569
2015-16191 (92%)$9,678102 (49%)$5,371
2016-17184 (88%)$10,81485 (41%)$5,817
2017-18198 (97%)$9,713150 (74%)$3,746
2018-19195 (92%)$12,032101 (48%)$5,403
2019-20178 (99%)$12,05085 (47%)$5,510
2020-21124 (93%)$10,99857 (43%)$5,935
2021-22227 (92%)$12,20192 (37%)$5,804
Average180 (93.89%)$10,69397 (50.78%)$5,159
*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, 90 (47.22 % of students) received Pell (federal) grants and its average amount is $4,949.
In addition, 76 students received State/local government grants/scholarships (39.89 % 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
2013-1476 (45%)$4,39441 (24%)$57071 (42%)$4,414133 (79%)$6,031
2014-1590 (54%)$4,09543 (26%)$61179 (47%)$4,464142 (85%)$5,693
2015-1691 (44%)$4,36252 (25%)$48283 (40%)$4,383157 (75%)$6,769
2016-1788 (42%)$4,17452 (25%)$78774 (36%)$5,510174 (84%)$6,746
2017-1895 (47%)$5,09044 (22%)$74075 (37%)$4,527172 (84%)$6,207
2018-19107 (50%)$5,75137 (17%)$71482 (39%)$5,502169 (80%)$7,416
2019-2088 (49%)$5,575105 (58%)$1,17369 (38%)$5,043145 (81%)$8,160
2020-2168 (51%)$5,22647 (35%)$68158 (44%)$4,028101 (76%)$7,354
2021-22107 (43%)$5,87442 (17%)$67489 (36%)$5,577203 (82%)$7,963
Average90 (47.22%)$4,94951 (27.67%)$71576 (39.89%)$4,828155 (80.67%)$6,927
*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, 97 (50.78 % of students) get any students loan help and its average loan amount is $97.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1480 (47%)$5,27780 (47%)$5,1673 (2%)$2,923
2014-15119 (71%)$3,569119 (71%)$3,4602 (1%)$6,500
2015-16102 (49%)$5,371102 (49%)$5,3171 (0%)$5,500
2016-1785 (41%)$5,81785 (41%)$5,7242 (1%)$3,940
2017-18150 (74%)$3,746150 (74%)$3,6133 (1%)$6,667
2018-19101 (48%)$5,403101 (48%)$5,2002 (1%)$10,250
2019-2085 (47%)$5,51085 (47%)$5,4151 (1%)$8,096
2020-2157 (43%)$5,93556 (42%)$5,2215 (4%)$9,182
2021-2292 (37%)$5,80492 (37%)$5,2166 (2%)$9,012
Average97 (50.78%)$5,15997 (50.67%)$4,9263 (1.63%)$6,897
Most Searched Oklahoma Colleges (last 30 days)
Related Articles and Ads