Scholarships, Grants, and Loan Trends at VSU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,917, which is 92.78 % of all undergraduate students. 3,349 students which is 79.56% of undergraduate students received federal student loans and the average loan amount is $9,148.
For full-time, first-time beginning students (freshmen), 92.00% of students received grants or scholarships and 92% 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 Virginia State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,917, which is 92.78 % of all undergraduate students. 3,349 students which is 79.56% of undergraduate students received federal student loans and the average loan amount is $9,148.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,870 (96%)$14,6423,585 (71%)$4,2934,244 (84%)$10,111
2014-154,318 (96%)$14,8733,244 (72%)$4,4063,763 (84%)$10,591
2015-164,071 (96%)$14,7432,993 (71%)$4,4823,548 (84%)$10,620
2016-173,831 (92%)$14,3952,945 (71%)$4,5033,238 (78%)$10,501
2017-183,931 (91%)$9,1903,061 (71%)$4,5813,362 (78%)$10,410
2018-193,651 (91%)$9,2632,846 (71%)$4,7003,123 (78%)$8,340
2019-203,677 (91%)$9,7212,839 (71%)$4,7813,141 (78%)$7,625
2020-213,343 (91%)$10,7782,503 (68%)$4,7822,769 (76%)$7,335
2021-223,563 (91%)$11,9642,668 (68%)$4,6412,951 (76%)$6,795
Average3,917 (92.78%)$12,1742,965 (70.44%)$4,5743,349 (79.56%)$9,148

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

For the last 10 years, on average, 889 (92.00 % of students) received grants or scholarships and its average amount is $7,266. It can cover 33.02% of tuition & fees ($22,006) based on out-of-state rate.
In addition, 889 (92.00 % of students) students get helped from the students loans (average amount : $7,462).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,045 (92%)$5,3871,045 (92%)$6,879
2014-15833 (92%)$6,276833 (92%)$8,015
2015-16703 (92%)$5,525703 (92%)$7,648
2016-17943 (92%)$5,876943 (92%)$7,665
2017-18995 (92%)$5,889995 (92%)$7,477
2018-19853 (92%)$6,552853 (92%)$7,663
2019-20978 (92%)$6,888978 (92%)$7,338
2020-21810 (92%)$11,499810 (92%)$7,404
2021-22838 (92%)$11,498838 (92%)$7,066
Average889 (92.00%)$7,266889 (92.00%)$7,462
*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, 648 (67.00 % of students) received Pell (federal) grants and its average amount is $4,781.
In addition, 414 students received State/local government grants/scholarships (43.00 % 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
2013-14761 (67%)$4,05582 (7%)$1,653485 (43%)$3,332701 (62%)$1,129
2014-15607 (67%)$4,72265 (7%)$1,937387 (43%)$3,879559 (62%)$1,315
2015-16512 (67%)$4,08255 (7%)$1,730327 (43%)$3,391472 (62%)$1,250
2016-17687 (67%)$4,37674 (7%)$1,825439 (43%)$3,636633 (62%)$1,269
2017-18725 (67%)$4,38578 (7%)$1,831463 (43%)$3,646668 (62%)$1,271
2018-19622 (67%)$4,87567 (7%)$2,033397 (43%)$4,056573 (62%)$1,414
2019-20714 (67%)$5,28077 (7%)$2,055456 (43%)$4,171658 (62%)$1,377
2020-21591 (67%)$5,625591 (67%)$2,247378 (43%)$7,085545 (62%)$3,639
2021-22611 (67%)$5,628611 (67%)$2,249391 (43%)$7,086564 (62%)$3,638
Average648 (67.00%)$4,781189 (20.33%)$1,951414 (43.00%)$4,476597 (62.00%)$1,811
*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, 889 (92.00 % of students) get any students loan help and its average loan amount is $889.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,045 (92%)$6,8791,024 (90%)$6,77925 (2%)$9,899
2014-15833 (92%)$8,015816 (90%)$7,90020 (2%)$11,492
2015-16703 (92%)$7,648689 (90%)$7,53917 (2%)$10,724
2016-17943 (92%)$7,665924 (90%)$7,56322 (2%)$10,933
2017-18995 (92%)$7,477975 (90%)$7,37723 (2%)$10,764
2018-19853 (92%)$7,663836 (90%)$7,59820 (2%)$9,211
2019-20978 (92%)$7,338959 (90%)$7,30323 (2%)$7,520
2020-21810 (92%)$7,404794 (90%)$7,48019 (2%)$3,092
2021-22838 (92%)$7,066821 (90%)$7,14220 (2%)$2,901
Average889 (92.00%)$7,462871 (90.00%)$7,40921 (2.00%)$8,504
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