Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 389, which is 81.67 % of all undergraduate students. 345 students which is 69.78% of undergraduate students received federal student loans and the average loan amount is $8,406.

For full-time, first-time beginning students (freshmen), 94.22% of students received grants or scholarships and 84% 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 South University-Richmond since 2013.

For that period, the average number of students who received grants aid/scholarships is 389, which is 81.67 % of all undergraduate students. 345 students which is 69.78% of undergraduate students received federal student loans and the average loan amount is $8,406.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14499 (78%)$3,234376 (59%)$2,914498 (78%)$7,822
2014-15545 (82%)$3,833414 (62%)$3,305547 (82%)$7,689
2015-16463 (75%)$4,029343 (56%)$3,324472 (77%)$7,876
2016-17464 (83%)$3,978311 (55%)$3,376410 (73%)$7,409
2017-18438 (87%)$4,772279 (55%)$3,875349 (69%)$9,965
2018-19336 (89%)$5,422205 (54%)$4,202272 (72%)$9,712
2019-20279 (89%)$5,112156 (50%)$3,678203 (64%)$9,734
2020-21244 (84%)$5,278137 (47%)$3,388178 (62%)$7,877
2021-22232 (68%)$4,888130 (38%)$3,636175 (51%)$7,566
Average389 (81.67%)$4,505261 (52.89%)$3,522345 (69.78%)$8,406
*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, 12 (94.22 % of students) received grants or scholarships and its average amount is $5,255. It can cover 31.94% of tuition & fees ($16,452).

In addition, 11 (83.78 % of students) students get helped from the students loans (average amount : $7,880).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1417 (89%)$5,18016 (84%)$7,671
2014-1523 (92%)$4,16022 (88%)$6,498
2015-1615 (100%)$4,63214 (93%)$8,001
2016-179 (75%)$4,2409 (75%)$7,311
2017-1817 (100%)$6,22215 (88%)$8,436
2018-1911 (92%)$5,33110 (83%)$7,986
2019-205 (100%)$6,7724 (80%)$9,500
2020-214 (100%)$5,4773 (75%)$8,210
2021-228 (100%)$5,2777 (88%)$7,310
Average12 (94.22%)$5,25511 (83.78%)$7,880
*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, 9 (63.67 % of students) received Pell (federal) grants and its average amount is $4,666.

In addition, 1 students received State/local government grants/scholarships (7.00 % 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
2013-1414 (74%)$3,9956 (32%)$800--10 (53%)$2,734
2014-1516 (64%)$4,5743 (12%)$700--9 (36%)$2,265
2015-1612 (80%)$4,1736 (40%)$8501 (7%)$1004 (27%)$3,553
2016-176 (50%)$4,4953 (25%)$800--3 (25%)$2,931
2017-1814 (82%)$5,4269 (53%)$889--9 (53%)$2,422
2018-196 (50%)$4,9183 (25%)$1,417--9 (75%)$2,764
2019-203 (60%)$5,6782 (40%)$1,500--3 (60%)$4,608
2020-212 (50%)$2,571----2 (50%)$8,382
2021-225 (63%)$6,1621 (13%)$1,500--3 (38%)$3,300
Average9 (63.67%)$4,6664 (30.00%)$1,0571 (7.00%)$1006 (46.33%)$3,662
*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, 11 (83.78 % of students) get any students loan help and its average loan amount is $11.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1416 (84%)$7,67116 (84%)$6,2932 (11%)$11,024
2014-1522 (88%)$6,49822 (88%)$6,3391 (4%)$3,500
2015-1614 (93%)$8,00114 (93%)$8,001--
2016-179 (75%)$7,3119 (75%)$7,311--
2017-1815 (88%)$8,43615 (88%)$8,436--
2018-1910 (83%)$7,98610 (83%)$7,986--
2019-204 (80%)$9,5004 (80%)$9,500--
2020-213 (75%)$8,2103 (75%)$8,210--
2021-227 (88%)$7,3107 (88%)$7,310--
Average11 (83.78%)$7,88011 (83.78%)$7,7102 (7.50%)$7,262

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