Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,469, which is 92.78 % of all undergraduate students. 806 students which is 30.22% of undergraduate students received federal student loans and the average loan amount is $6,795.

For full-time, first-time beginning students (freshmen), 96.00% of students received grants or scholarships and 34% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Furman University since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,469, which is 92.78 % of all undergraduate students. 806 students which is 30.22% of undergraduate students received federal student loans and the average loan amount is $6,795.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,445 (87%)$26,404375 (13%)$4,231876 (31%)$7,521
2014-152,513 (89%)$27,648359 (13%)$4,463860 (31%)$7,893
2015-162,469 (90%)$29,861318 (12%)$4,552813 (30%)$7,248
2016-172,654 (95%)$30,870358 (13%)$4,312907 (32%)$6,900
2017-182,628 (96%)$32,813381 (14%)$4,601904 (33%)$6,589
2018-192,603 (94%)$32,702374 (14%)$4,553869 (31%)$6,228
2019-202,527 (94%)$33,297333 (12%)$4,481771 (29%)$6,391
2020-212,178 (94%)$34,738255 (11%)$4,742615 (27%)$6,181
2021-222,206 (96%)$35,600255 (11%)$4,780643 (28%)$6,208
Average2,469 (92.78%)$31,548334 (12.56%)$4,524806 (30.22%)$6,795
*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.

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

For the last 10 years, on average, 653 (96.00 % of students) received grants or scholarships and its average amount is $30,484. It can cover 52.28% of tuition & fees ($58,312).

In addition, 232 (33.67 % of students) students get helped from the students loans (average amount : $8,452).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14719 (95%)$26,555265 (35%)$9,061
2014-15703 (97%)$27,818271 (37%)$8,995
2015-16649 (97%)$29,453247 (37%)$7,716
2016-17747 (100%)$30,434272 (36%)$7,584
2017-18657 (94%)$30,828262 (37%)$7,237
2018-19657 (92%)$29,884228 (32%)$9,093
2019-20602 (93%)$29,810179 (28%)$9,806
2020-21493 (96%)$33,191151 (29%)$8,612
2021-22652 (100%)$36,384211 (32%)$7,962
Average653 (96.00%)$30,484232 (33.67%)$8,452
*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, 85 (12.56 % of students) received Pell (federal) grants and its average amount is $4,626.

In addition, 173 students received State/local government grants/scholarships (25.33 % 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
2013-1487 (12%)$4,35687 (12%)$828152 (20%)$7,685719 (95%)$24,303
2014-1599 (14%)$4,71391 (13%)$1,000188 (26%)$7,294699 (97%)$25,217
2015-1685 (13%)$4,43876 (11%)$980163 (24%)$7,411649 (97%)$26,895
2016-17107 (14%)$4,45997 (13%)$995198 (26%)$7,594747 (100%)$27,653
2017-18104 (15%)$4,59992 (13%)$981176 (25%)$7,380656 (94%)$28,028
2018-1988 (12%)$4,45880 (11%)$975177 (25%)$7,682652 (91%)$27,306
2019-2061 (9%)$4,550277 (43%)$989164 (25%)$7,724589 (91%)$27,380
2020-2155 (11%)$4,96452 (10%)$1,054139 (27%)$7,772476 (93%)$31,418
2021-2282 (13%)$5,09581 (12%)$1,456197 (30%)$7,837652 (100%)$33,194
Average85 (12.56%)$4,626104 (15.33%)$1,029173 (25.33%)$7,598649 (95.33%)$27,933
*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, 232 (33.67 % of students) get any students loan help and its average loan amount is $232.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14265 (35%)$9,061260 (34%)$6,29040 (5%)$19,140
2014-15271 (37%)$8,995267 (37%)$6,59734 (5%)$19,887
2015-16247 (37%)$7,716242 (36%)$5,42136 (5%)$16,505
2016-17272 (36%)$7,584268 (36%)$5,35834 (5%)$18,442
2017-18262 (37%)$7,237257 (37%)$5,26428 (4%)$19,396
2018-19228 (32%)$9,093220 (31%)$5,16849 (7%)$19,106
2019-20179 (28%)$9,806168 (26%)$5,15639 (6%)$22,798
2020-21151 (29%)$8,612143 (28%)$5,17027 (5%)$20,783
2021-22211 (32%)$7,962206 (32%)$5,24629 (4%)$20,672
Average232 (33.67%)$8,452226 (33.00%)$5,51935 (5.11%)$19,637

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