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What is the average loan amount at Shorter University?

For the academic year 2022-2023, total 185 full-time, first-time students (60% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 745 students (56% of all students) have received federal student loans and the average loan amount is $7,041 at Shorter University.

Below tables show the number and amount by source of financial aid at Shorter University.
All Undergraduate Student Financial Aid at Shorter University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,18189%$17,678
Pell Grants53040%$5,425
Federal Student Loans74556%$7,041
Beginning Students (Freshmen) Financial Aid at Shorter University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid309100%-
Grants or Scholarship from All Sources309100%$20,057
Federal Grants309100%$3,920
Pell Grants14948%$5,019
Other Federal Grants309100%$1,499
State/Local Grants25883%$3,980
Institutional Grants29997%$13,243
Student Loans18560%$6,055
Federal Student Loans18560%$5,383
Other Student Loans186%$6,905

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