Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 945, which is 84.78 % of all undergraduate students. 698 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $6,613.

For full-time, first-time beginning students (freshmen), 98.22% of students received grants or scholarships and 71% 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 Spalding University since 2013.

For that period, the average number of students who received grants aid/scholarships is 945, which is 84.78 % of all undergraduate students. 698 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $6,613.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,156 (84%)$16,926609 (44%)$4,159922 (67%)$5,839
2014-151,084 (83%)$16,461587 (45%)$4,143831 (63%)$5,406
2015-161,048 (88%)$18,563515 (43%)$4,269750 (63%)$5,087
2016-171,183 (90%)$17,205520 (40%)$4,121772 (59%)$5,214
2017-181,020 (82%)$20,681510 (41%)$4,443749 (60%)$4,973
2018-19908 (88%)$12,302443 (43%)$4,476659 (64%)$10,697
2019-20738 (80%)$14,428384 (42%)$4,692599 (65%)$7,490
2020-21710 (83%)$14,514353 (41%)$4,857556 (65%)$7,527
2021-22654 (85%)$13,490294 (38%)$4,842443 (58%)$7,281
Average945 (84.78%)$16,063468 (41.89%)$4,445698 (62.67%)$6,613
*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, 152 (98.22 % of students) received grants or scholarships and its average amount is $14,207. It can cover 51.34% of tuition & fees ($27,672).

In addition, 112 (71.33 % of students) students get helped from the students loans (average amount : $5,507).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14181 (99%)$14,136139 (76%)$5,010
2014-15168 (98%)$14,268129 (75%)$5,642
2015-16175 (98%)$13,294128 (72%)$5,412
2016-17149 (99%)$12,865115 (76%)$5,082
2017-18155 (95%)$11,044112 (68%)$5,031
2018-19178 (99%)$14,853130 (72%)$5,287
2019-20134 (99%)$15,15392 (68%)$5,591
2020-21129 (98%)$15,93995 (72%)$6,386
2021-22102 (99%)$16,30765 (63%)$6,126
Average152 (98.22%)$14,207112 (71.33%)$5,507
*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, 78 (50.11 % of students) received Pell (federal) grants and its average amount is $4,816.

In addition, 120 students received State/local government grants/scholarships (76.78 % 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 (48%)$4,73322 (12%)$699136 (75%)$4,361176 (97%)$8,741
2014-1591 (53%)$4,81130 (18%)$517149 (87%)$4,679158 (92%)$7,890
2015-1688 (49%)$4,69332 (18%)$453144 (80%)$4,406165 (92%)$7,664
2016-1775 (50%)$4,50035 (23%)$479120 (79%)$4,049142 (94%)$7,583
2017-1894 (57%)$4,80829 (18%)$957129 (79%)$4,765106 (65%)$5,825
2018-1992 (51%)$4,99145 (25%)$933138 (77%)$4,842175 (97%)$8,425
2019-2073 (54%)$4,72630 (22%)$914111 (82%)$4,784125 (92%)$9,016
2020-2162 (47%)$5,16643 (33%)$90392 (70%)$4,750123 (93%)$10,245
2021-2243 (42%)$4,91731 (30%)$93564 (62%)$5,13099 (96%)$11,056
Average78 (50.11%)$4,81633 (22.11%)$754120 (76.78%)$4,641141 (90.89%)$8,494
*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, 112 (71.33 % of students) get any students loan help and its average loan amount is $112.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14139 (76%)$5,010139 (76%)$4,9201 (1%)$12,500
2014-15129 (75%)$5,642129 (75%)$5,1355 (3%)$13,091
2015-16128 (72%)$5,412125 (70%)$4,51910 (6%)$12,784
2016-17115 (76%)$5,082113 (75%)$4,4709 (6%)$8,806
2017-18112 (68%)$5,031112 (68%)$4,2527 (4%)$12,477
2018-19130 (72%)$5,287127 (71%)$4,37812 (7%)$10,936
2019-2092 (68%)$5,59191 (67%)$5,1346 (4%)$7,853
2020-2195 (72%)$6,38694 (71%)$5,5155 (4%)$17,647
2021-2265 (63%)$6,12664 (62%)$5,0775 (5%)$14,648
Average112 (71.33%)$5,507110 (70.56%)$4,8227 (4.44%)$12,305

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