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What is the average financial aid amount at Spring Arbor University?

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For the academic year 2022-2023, total 231 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 936 students (77% of all students) received grants or scholarships and the average grant amount is $17,775. In addition, 632 students received student loans and the average loan amount is $6,801.

Below tables show the number and amount by source of financial aid at Spring Arbor University.
All Undergraduate Student Financial Aid at Spring Arbor University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid93677%$17,775
Pell Grants31426%$4,143
Federal Student Loans63252%$6,801
Beginning Students (Freshmen) Financial Aid at Spring Arbor University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid231100%-
Grants or Scholarship from All Sources22899%$20,677
Federal Grants6227%$6,625
Pell Grants6227%$4,537
Other Federal Grants5926%$2,194
State/Local Grants8436%$2,607
Institutional Grants22899%$17,915
Student Loans15868%$7,050
Federal Student Loans15567%$5,383
Other Student Loans2210%$12,705
see more grants, scholarship, student loans, and other financial aid stats

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