Scholarships, Grants, and Loan Trends at U of South Alabama

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,950, which is 66.67 % of all undergraduate students. 5,796 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $10,252.
For full-time, first-time beginning students (freshmen), 86.11% of students received grants or scholarships and 58% 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 South Alabama since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,950, which is 66.67 % of all undergraduate students. 5,796 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $10,252.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,460 (57%)$5,8264,416 (39%)$4,0916,478 (57%)$8,867
2014-156,965 (61%)$6,0374,595 (40%)$4,1926,595 (57%)$9,222
2015-167,123 (62%)$6,2634,545 (39%)$4,2926,479 (56%)$9,687
2016-177,106 (60%)$6,5144,379 (37%)$4,2946,275 (53%)$10,312
2017-186,848 (62%)$6,7254,310 (39%)$4,7046,085 (55%)$10,546
2018-196,726 (65%)$7,0114,161 (40%)$4,8745,873 (57%)$10,785
2019-206,931 (72%)$6,5233,738 (39%)$4,8995,270 (55%)$11,244
2020-216,738 (74%)$6,7093,323 (37%)$4,9314,634 (51%)$10,988
2021-227,655 (87%)$8,0183,403 (39%)$5,0024,474 (51%)$10,621
Average6,950 (66.67%)$6,6254,097 (38.78%)$4,5875,796 (54.67%)$10,252

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

For the last 10 years, on average, 1,577 (86.11 % of students) received grants or scholarships and its average amount is $7,221. It can cover 38.71% of tuition & fees ($18,652) based on out-of-state rate.
In addition, 1,073 (58.00 % of students) students get helped from the students loans (average amount : $10,577).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,509 (82%)$6,9871,140 (62%)$9,105
2014-151,683 (83%)$6,7381,246 (61%)$9,500
2015-161,693 (81%)$6,7301,221 (59%)$10,310
2016-171,556 (80%)$6,9271,131 (58%)$10,747
2017-181,591 (85%)$7,3141,147 (61%)$10,983
2018-191,658 (88%)$7,4391,149 (61%)$11,039
2019-201,438 (90%)$7,395869 (54%)$11,438
2020-211,426 (92%)$7,774776 (50%)$10,893
2021-221,639 (94%)$7,686982 (56%)$11,177
Average1,577 (86.11%)$7,2211,073 (58.00%)$10,577
*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, 753 (40.89 % of students) received Pell (federal) grants and its average amount is $4,767.
In addition, 66 students received State/local government grants/scholarships (3.44 % 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
2013-14763 (42%)$4,396343 (19%)$3,32187 (5%)$1,8841,077 (59%)$5,466
2014-15875 (43%)$4,527301 (15%)$3,21671 (3%)$1,6841,189 (58%)$5,292
2015-16884 (42%)$4,588291 (14%)$3,61371 (3%)$1,3721,196 (57%)$5,175
2016-17721 (37%)$4,468203 (10%)$4,93944 (2%)$1,3111,200 (61%)$5,413
2017-18778 (42%)$4,706223 (12%)$5,40359 (3%)$7751,263 (68%)$5,324
2018-19812 (43%)$5,016243 (13%)$3,07882 (4%)$1,4661,333 (70%)$5,545
2019-20604 (38%)$5,061916 (57%)$1,64248 (3%)$1,8561,112 (70%)$5,382
2020-21576 (37%)$5,103930 (60%)$1,46135 (2%)$2,0591,296 (84%)$5,183
2021-22764 (44%)$5,041666 (38%)$2,67298 (6%)$1,3981,444 (82%)$4,730
Average753 (40.89%)$4,767457 (26.44%)$3,26166 (3.44%)$1,5341,234 (67.67%)$5,279
*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, 1,073 (58.00 % of students) get any students loan help and its average loan amount is $1,073.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,140 (62%)$9,1051,121 (61%)$8,86450 (3%)$8,856
2014-151,246 (61%)$9,5001,233 (61%)$9,13766 (3%)$8,659
2015-161,221 (59%)$10,3101,203 (58%)$9,99462 (3%)$9,133
2016-171,131 (58%)$10,7471,107 (57%)$10,29567 (3%)$11,309
2017-181,147 (61%)$10,9831,123 (60%)$10,51977 (4%)$10,190
2018-191,149 (61%)$11,0391,131 (60%)$10,48273 (4%)$11,346
2019-20869 (54%)$11,438847 (53%)$10,84267 (4%)$11,301
2020-21776 (50%)$10,893751 (49%)$10,35455 (4%)$12,311
2021-22982 (56%)$11,177957 (55%)$10,57472 (4%)$11,898
Average1,073 (58.00%)$10,5771,053 (57.11%)$10,11865 (3.56%)$10,556
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