For the academic year 2022-2023, total 297 full-time, first-time students (94% 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 1,048 students (60% of all students) received grants or scholarships and the average grant amount is $4,706. In addition, 265 students received student loans and the average loan amount is $4,914.
Below tables show the number and amount by source of financial aid at Southwestern Michigan College.
For all undergraduate students, total 1,048 students (60% of all students) received grants or scholarships and the average grant amount is $4,706. In addition, 265 students received student loans and the average loan amount is $4,914.
Below tables show the number and amount by source of financial aid at Southwestern Michigan College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,048 | 60% | $4,706 |
| Pell Grants | 672 | 38% | $3,837 |
| Federal Student Loans | 265 | 15% | $4,914 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 297 | 94% | - |
| Grants or Scholarship from All Sources | 296 | 94% | $5,768 |
| Federal Grants | 178 | 56% | $4,932 |
| Pell Grants | 178 | 56% | $4,796 |
| Other Federal Grants | 93 | 29% | $261 |
| State/Local Grants | 95 | 30% | $3,705 |
| Institutional Grants | 290 | 92% | $1,646 |
| Student Loans | 81 | 26% | $4,539 |
| Federal Student Loans | 81 | 26% | $4,415 |
| Other Student Loans | 1 | 0% | $10,065 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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