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What is the average loan amount at Southwestern Michigan College?

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For the academic year 2022-2023, total 81 full-time, first-time students (26% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 265 students (15% of all students) have received federal student loans and the average loan amount is $4,914 at Southwestern Michigan College.

Below tables show the number and amount by source of financial aid at Southwestern Michigan College.
All Undergraduate Student Financial Aid at Southwestern Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,04860%$4,706
Pell Grants67238%$3,837
Federal Student Loans26515%$4,914
Beginning Students (Freshmen) Financial Aid at Southwestern Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid29794%-
Grants or Scholarship from All Sources29694%$5,768
Federal Grants17856%$4,932
Pell Grants17856%$4,796
Other Federal Grants9329%$261
State/Local Grants9530%$3,705
Institutional Grants29092%$1,646
Student Loans8126%$4,539
Federal Student Loans8126%$4,415
Other Student Loans10%$10,065
see more grants, scholarship, student loans, and other financial aid stats

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