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What is the average loan amount at Spalding University?

For the academic year 2022-2023, total 65 full-time, first-time students (63% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 443 students (58% of all students) have received federal student loans and the average loan amount is $7,281 at Spalding University.

Below tables show the number and amount by source of financial aid at Spalding University.
All Undergraduate Student Financial Aid at Spalding University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid65485%$13,490
Pell Grants29438%$4,842
Federal Student Loans44358%$7,281
Beginning Students (Freshmen) Financial Aid at Spalding University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid103100%-
Grants or Scholarship from All Sources10299%$16,307
Federal Grants4342%$5,591
Pell Grants4342%$4,917
Other Federal Grants3130%$935
State/Local Grants6462%$5,130
Institutional Grants9996%$11,056
Student Loans6563%$6,126
Federal Student Loans6462%$5,077
Other Student Loans55%$14,648

Know more about Spalding

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