Scholarships, Grants, and Loan Trends at USF

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 23,752, which is 70.78 % of all undergraduate students. 12,146 students which is 37.44% of undergraduate students received federal student loans and the average loan amount is $7,765.
For full-time, first-time beginning students (freshmen), 87.22% of students received grants or scholarships and 33% 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 Florida since 2013.
For that period, the average number of students who received grants aid/scholarships is 23,752, which is 70.78 % of all undergraduate students. 12,146 students which is 37.44% of undergraduate students received federal student loans and the average loan amount is $7,765.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1422,522 (74%)$5,97612,669 (42%)$4,11514,468 (48%)$8,106
2014-1521,660 (72%)$6,24512,274 (41%)$4,33013,904 (46%)$8,141
2015-1620,711 (69%)$6,42611,882 (39%)$4,34213,551 (45%)$8,017
2016-1719,787 (65%)$6,51711,375 (38%)$4,38113,047 (43%)$8,198
2017-1820,375 (64%)$8,09511,939 (38%)$5,05812,262 (39%)$7,862
2018-1920,397 (63%)$8,91211,594 (36%)$5,22611,176 (35%)$7,679
2019-2025,741 (67%)$8,82013,273 (34%)$5,21911,904 (31%)$7,616
2020-2133,146 (86%)$7,55612,330 (32%)$5,3869,662 (25%)$7,051
2021-2229,429 (77%)$9,22611,994 (32%)$5,4409,340 (25%)$7,215
Average23,752 (70.78%)$7,53012,148 (36.89%)$4,83312,146 (37.44%)$7,765

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

For the last 10 years, on average, 4,050 (87.22 % of students) received grants or scholarships and its average amount is $9,375. It can cover 54.12% of tuition & fees ($17,324) based on out-of-state rate.
In addition, 1,494 (33.44 % of students) students get helped from the students loans (average amount : $7,984).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,651 (95%)$7,7991,615 (42%)$7,489
2014-153,370 (82%)$7,8451,722 (42%)$8,236
2015-163,348 (81%)$8,0081,661 (40%)$8,491
2016-173,192 (79%)$7,9371,615 (40%)$8,898
2017-183,478 (85%)$9,8381,463 (36%)$7,678
2018-193,853 (89%)$11,0161,287 (30%)$7,528
2019-204,828 (89%)$10,9041,413 (26%)$7,839
2020-215,433 (98%)$9,9651,135 (20%)$7,432
2021-225,297 (87%)$11,0661,531 (25%)$8,261
Average4,050 (87.22%)$9,3751,494 (33.44%)$7,984
*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, 1,524 (33.44 % of students) received Pell (federal) grants and its average amount is $5,312.
In addition, 3,190 students received State/local government grants/scholarships (68.89 % 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
2013-141,533 (40%)$4,487259 (7%)$1,3213,170 (82%)$2,7712,814 (73%)$4,431
2014-151,483 (36%)$4,602270 (7%)$1,2112,452 (59%)$2,7492,949 (72%)$4,254
2015-161,466 (36%)$4,654270 (7%)$1,3122,521 (61%)$2,7022,833 (69%)$4,526
2016-171,385 (34%)$4,593289 (7%)$1,3862,439 (61%)$2,7262,509 (62%)$4,752
2017-181,482 (36%)$5,566312 (8%)$1,4162,935 (72%)$4,8152,592 (63%)$4,395
2018-191,368 (31%)$5,956325 (7%)$1,2753,212 (74%)$6,4302,843 (65%)$4,653
2019-201,673 (31%)$5,838864 (16%)$1,3543,999 (73%)$6,4983,659 (67%)$4,297
2020-211,590 (29%)$6,0021,029 (18%)$2,0684,112 (74%)$6,1845,382 (97%)$3,166
2021-221,735 (28%)$6,1122,303 (38%)$3,2123,874 (64%)$6,0944,017 (66%)$4,234
Average1,524 (33.44%)$5,312658 (12.78%)$1,6173,190 (68.89%)$4,5523,289 (70.44%)$4,301
*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, 1,494 (33.44 % of students) get any students loan help and its average loan amount is $1,494.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,615 (42%)$7,4891,605 (42%)$7,25964 (2%)$6,939
2014-151,722 (42%)$8,2361,705 (41%)$7,89491 (2%)$7,946
2015-161,661 (40%)$8,4911,638 (40%)$8,046114 (3%)$8,114
2016-171,615 (40%)$8,8981,587 (39%)$8,482114 (3%)$7,979
2017-181,463 (36%)$7,6781,436 (35%)$6,759162 (4%)$9,426
2018-191,287 (30%)$7,5281,253 (29%)$6,383168 (4%)$10,062
2019-201,413 (26%)$7,8391,368 (25%)$6,643186 (3%)$10,692
2020-211,135 (20%)$7,4321,095 (20%)$6,281137 (2%)$11,370
2021-221,531 (25%)$8,2611,471 (24%)$6,789201 (3%)$13,237
Average1,494 (33.44%)$7,9841,462 (32.78%)$7,171137 (2.89%)$9,529
Most Searched Florida Colleges (last 30 days)
Related Articles and Ads