Scholarships, Grants, and Loan Trends at USW

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 389, which is 92.56 % of all undergraduate students. 294 students which is 70.00% of undergraduate students received federal student loans and the average loan amount is $4,999.
For full-time, first-time beginning students (freshmen), 96.44% of students received grants or scholarships and 80% 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 the Southwest since 2013.
For that period, the average number of students who received grants aid/scholarships is 389, which is 92.56 % of all undergraduate students. 294 students which is 70.00% of undergraduate students received federal student loans and the average loan amount is $4,999.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14290 (91%)$5,937133 (42%)$4,644174 (55%)$8,384
2014-15344 (93%)$6,205221 (60%)$1,908291 (78%)$3,690
2015-16392 (88%)$4,786217 (49%)$2,034296 (66%)$2,884
2016-17520 (98%)$4,786273 (52%)$2,210280 (53%)$4,363
2017-18476 (94%)$4,683283 (56%)$2,156275 (54%)$4,219
2018-19411 (99%)$5,028219 (53%)$2,542408 (98%)$3,243
2019-20325 (74%)$12,072235 (53%)$4,822432 (98%)$4,778
2020-21363 (96%)$11,895218 (57%)$5,277238 (63%)$6,836
2021-22381 (100%)$9,736224 (59%)$4,651250 (65%)$6,592
Average389 (92.56%)$7,236225 (53.44%)$3,360294 (70.00%)$4,999

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

For the last 10 years, on average, 78 (96.44 % of students) received grants or scholarships and its average amount is $8,618. It can cover 51.70% of tuition & fees ($16,670).
In addition, 64 (80.00 % of students) students get helped from the students loans (average amount : $5,144).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1448 (100%)$11,19443 (90%)$6,890
2014-1561 (94%)$4,38340 (62%)$3,109
2015-1687 (99%)$6,74969 (78%)$2,910
2016-1796 (100%)$9,90385 (89%)$5,778
2017-18102 (98%)$9,681101 (97%)$6,150
2018-1959 (92%)$5,52556 (88%)$4,343
2019-2055 (89%)$9,97857 (92%)$5,007
2020-2179 (96%)$11,78251 (62%)$5,891
2021-22116 (100%)$8,36572 (62%)$6,218
Average78 (96.44%)$8,61864 (80.00%)$5,144
*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, 47 (58.11 % of students) received Pell (federal) grants and its average amount is $3,958.
In addition, 3 students received State/local government grants/scholarships (4.86 % 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
2013-1430 (63%)$4,7223 (6%)$2,7875 (10%)$1,80047 (98%)$8,049
2014-1534 (52%)$2,0541 (2%)$500--51 (78%)$3,863
2015-1648 (55%)$2,4702 (2%)$500--87 (99%)$5,374
2016-1759 (61%)$4,7654 (4%)$5004 (4%)$1,43193 (97%)$7,116
2017-1872 (69%)$5,1644 (4%)$5002 (2%)$75083 (80%)$7,375
2018-1936 (56%)$2,48210 (16%)$4995 (8%)$1,25057 (89%)$3,954
2019-2036 (58%)$4,84046 (74%)$7823 (5%)$1,25053 (85%)$6,318
2020-2145 (55%)$4,79264 (78%)$3,2193 (4%)$2,50076 (93%)$6,601
2021-2263 (54%)$4,336116 (100%)$3001 (1%)$1,875112 (97%)$5,897
Average47 (58.11%)$3,95828 (31.78%)$1,0653 (4.86%)$1,55173 (90.67%)$6,061
*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, 64 (80.00 % of students) get any students loan help and its average loan amount is $64.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1443 (90%)$6,89043 (90%)$6,890--
2014-1540 (62%)$3,10940 (62%)$3,109--
2015-1669 (78%)$2,91069 (78%)$2,910--
2016-1785 (89%)$5,77885 (89%)$5,778--
2017-18101 (97%)$6,150101 (97%)$5,54016 (15%)$3,855
2018-1956 (88%)$4,34356 (88%)$4,2631 (2%)$4,500
2019-2057 (92%)$5,00757 (92%)$4,6163 (5%)$7,443
2020-2151 (62%)$5,89151 (62%)$5,4213 (4%)$8,000
2021-2272 (62%)$6,21872 (62%)$5,2564 (3%)$17,322
Average64 (80.00%)$5,14464 (80.00%)$4,8655 (5.80%)$8,224
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