Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,813, which is 85.89 % of all undergraduate students. 1,527 students which is 72.33% of undergraduate students received federal student loans and the average loan amount is $7,631.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 77% 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 Shenandoah University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,813, which is 85.89 % of all undergraduate students. 1,527 students which is 72.33% of undergraduate students received federal student loans and the average loan amount is $7,631.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,142 (53%)$6,783478 (22%)$4,1371,460 (68%)$6,760
2014-151,108 (59%)$6,988481 (25%)$4,7041,464 (77%)$6,807
2015-161,873 (93%)$14,421524 (26%)$4,3751,381 (69%)$7,638
2016-172,075 (99%)$13,969626 (30%)$3,8491,575 (75%)$7,278
2017-181,964 (95%)$14,831524 (25%)$4,2981,430 (69%)$7,874
2018-191,965 (97%)$20,085502 (25%)$4,2451,422 (70%)$7,163
2019-201,982 (97%)$15,734459 (23%)$4,4311,369 (67%)$7,028
2020-212,120 (94%)$18,191478 (21%)$4,8601,864 (82%)$11,031
2021-222,084 (86%)$22,883446 (18%)$4,5231,780 (74%)$7,099
Average1,813 (85.89%)$14,876502 (23.89%)$4,3801,527 (72.33%)$7,631
*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, 460 (99.78 % of students) received grants or scholarships and its average amount is $17,059. It can cover 47.35% of tuition & fees ($36,028).

In addition, 356 (76.56 % of students) students get helped from the students loans (average amount : $9,391).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14415 (99%)$14,541294 (70%)$9,715
2014-15415 (100%)$14,729296 (71%)$10,010
2015-16443 (99%)$15,697328 (74%)$9,217
2016-17458 (100%)$15,582342 (75%)$8,825
2017-18438 (100%)$15,847293 (67%)$9,095
2018-19443 (100%)$17,178333 (75%)$8,911
2019-20503 (100%)$16,761346 (69%)$10,962
2020-21519 (100%)$19,733490 (94%)$8,811
2021-22508 (100%)$23,467479 (94%)$8,974
Average460 (99.78%)$17,059356 (76.56%)$9,391
*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, 117 (25.33 % of students) received Pell (federal) grants and its average amount is $4,420.

In addition, 242 students received State/local government grants/scholarships (52.22 % 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
2013-14116 (28%)$4,127116 (28%)$578198 (47%)$2,992402 (96%)$12,180
2014-15116 (28%)$4,712116 (28%)$582199 (48%)$2,980405 (97%)$12,112
2015-16121 (27%)$4,297121 (27%)$304233 (52%)$2,983442 (99%)$12,900
2016-17119 (26%)$4,265113 (25%)$427244 (53%)$3,094458 (100%)$12,720
2017-18107 (24%)$4,056107 (24%)$405221 (50%)$3,184436 (100%)$13,211
2018-19122 (28%)$4,297123 (28%)$528230 (52%)$3,153443 (100%)$14,211
2019-20118 (23%)$4,601118 (23%)$500292 (58%)$3,265503 (100%)$13,669
2020-21131 (25%)$4,790131 (25%)$485309 (60%)$3,520519 (100%)$16,306
2021-2299 (19%)$4,63498 (19%)$477255 (50%)$4,040508 (100%)$20,444
Average117 (25.33%)$4,420116 (25.22%)$476242 (52.22%)$3,246457 (99.11%)$14,195
*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, 356 (76.56 % of students) get any students loan help and its average loan amount is $356.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14294 (70%)$9,715294 (70%)$6,23859 (14%)$17,329
2014-15296 (71%)$10,010295 (71%)$6,46362 (15%)$17,036
2015-16328 (74%)$9,217328 (74%)$5,56770 (16%)$17,102
2016-17342 (75%)$8,825340 (74%)$5,74165 (14%)$16,402
2017-18293 (67%)$9,095285 (65%)$5,53463 (14%)$17,264
2018-19333 (75%)$8,911331 (75%)$5,47668 (15%)$16,982
2019-20346 (69%)$10,962344 (68%)$5,337105 (21%)$18,637
2020-21490 (94%)$8,811488 (94%)$5,73677 (15%)$19,715
2021-22479 (94%)$8,974476 (94%)$5,39985 (17%)$20,340
Average356 (76.56%)$9,391353 (76.11%)$5,72173 (15.67%)$17,867

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