For the academic year 2022-2023, total 103 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 654 students (85% of all students) received grants or scholarships and the average grant amount is $13,490. In addition, 443 students received student loans and the average loan amount is $7,281.
Below tables show the number and amount by source of financial aid at Spalding University.
For all undergraduate students, total 654 students (85% of all students) received grants or scholarships and the average grant amount is $13,490. In addition, 443 students received student loans and the average loan amount is $7,281.
Below tables show the number and amount by source of financial aid at Spalding University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 654 | 85% | $13,490 |
| Pell Grants | 294 | 38% | $4,842 |
| Federal Student Loans | 443 | 58% | $7,281 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 103 | 100% | - |
| Grants or Scholarship from All Sources | 102 | 99% | $16,307 |
| Federal Grants | 43 | 42% | $5,591 |
| Pell Grants | 43 | 42% | $4,917 |
| Other Federal Grants | 31 | 30% | $935 |
| State/Local Grants | 64 | 62% | $5,130 |
| Institutional Grants | 99 | 96% | $11,056 |
| Student Loans | 65 | 63% | $6,126 |
| Federal Student Loans | 64 | 62% | $5,077 |
| Other Student Loans | 5 | 5% | $14,648 |
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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