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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Hope College since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,906, which is 89.82 % of all undergraduate students. 1,740 students which is 53.55% of undergraduate students received federal student loans and the average loan amount is $6,648.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,829 (87%)$12,869682 (21%)$3,9431,856 (57%)$6,617
2012-132,940 (88%)$12,763682 (20%)$4,0541,907 (57%)$6,794
2013-142,994 (88%)$13,172707 (21%)$3,9771,895 (56%)$6,929
2014-153,005 (87%)$13,552710 (21%)$3,9761,912 (55%)$6,791
2015-162,953 (87%)$13,860627 (18%)$3,9611,838 (54%)$6,838
2016-172,819 (87%)$14,111591 (18%)$3,9821,744 (54%)$6,957
2017-182,793 (89%)$15,262607 (19%)$4,1521,717 (55%)$7,017
2018-192,815 (89%)$15,884576 (18%)$4,3051,643 (52%)$6,378
2019-202,837 (93%)$16,691537 (18%)$4,3211,597 (52%)$6,341
2020-212,928 (96%)$17,926488 (16%)$4,6411,509 (49%)$6,305
2021-223,050 (97%)$19,771514 (16%)$4,6401,519 (48%)$6,166
Average2,906 (89.82%)$15,078611 (18.73%)$4,1771,740 (53.55%)$6,648

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 756 (94.64 % of students) received grants or scholarships and its average amount is $17,081. It can cover 42.26% of tuition & fees ($40,420).
In addition, 448 (56.00 % of students) students get helped from the students loans (average amount : $7,735).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12756 (92%)$13,810495 (60%)$7,072
2012-13833 (92%)$13,534537 (59%)$7,676
2013-14762 (93%)$14,115449 (55%)$7,681
2014-15759 (93%)$15,263488 (60%)$7,767
2015-16719 (91%)$14,686430 (55%)$7,751
2016-17670 (93%)$15,907431 (60%)$8,075
2017-18752 (97%)$17,444461 (59%)$7,864
2018-19759 (95%)$17,612422 (53%)$7,825
2019-20702 (97%)$18,650399 (55%)$8,266
2020-21770 (98%)$21,987379 (48%)$7,676
2021-22835 (100%)$24,880435 (52%)$7,428
Average756 (94.64%)$17,081448 (56.00%)$7,735
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 165 (20.64 % of students) received Pell (federal) grants and its average amount is $4,246.
In addition, 285 students received State/local government grants/scholarships (35.64 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12201 (24%)$3,889204 (25%)$1,969308 (37%)$1,483756 (92%)$11,640
2012-13187 (21%)$3,949192 (21%)$858352 (39%)$1,469833 (92%)$11,829
2013-14177 (22%)$4,090174 (21%)$694313 (38%)$1,509761 (93%)$12,403
2014-15201 (25%)$4,060204 (25%)$618300 (37%)$1,562757 (92%)$13,439
2015-16135 (17%)$4,142133 (17%)$490267 (34%)$1,796718 (91%)$13,168
2016-17153 (21%)$4,184153 (21%)$504247 (34%)$1,793669 (93%)$14,197
2017-18163 (21%)$4,197167 (21%)$550280 (36%)$1,945752 (97%)$15,687
2018-19160 (20%)$4,249167 (21%)$582267 (33%)$2,339759 (95%)$15,765
2019-20144 (20%)$4,424602 (83%)$543266 (37%)$2,694691 (95%)$16,515
2020-21134 (17%)$4,784738 (94%)$590247 (32%)$2,690770 (98%)$19,726
2021-22161 (19%)$4,741835 (100%)$859293 (35%)$2,754823 (99%)$22,464
Average165 (20.64%)$4,246324 (40.82%)$751285 (35.64%)$2,003754 (94.27%)$15,167
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 448 (56.00 % of students) get any students loan help and its average loan amount is $448.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12495 (60%)$7,072494 (60%)$5,54559 (7%)$12,903
2012-13537 (59%)$7,676536 (59%)$5,82378 (9%)$12,834
2013-14449 (55%)$7,681448 (55%)$5,93661 (7%)$12,940
2014-15488 (60%)$7,767486 (59%)$5,81663 (8%)$15,295
2015-16430 (55%)$7,751428 (54%)$5,76258 (7%)$14,943
2016-17431 (60%)$8,075430 (60%)$5,96461 (8%)$15,019
2017-18461 (59%)$7,864459 (59%)$5,67870 (9%)$14,560
2018-19422 (53%)$7,825421 (53%)$5,27971 (9%)$15,211
2019-20399 (55%)$8,266394 (54%)$5,13468 (9%)$18,756
2020-21379 (48%)$7,676372 (48%)$5,14864 (8%)$15,533
2021-22435 (52%)$7,428430 (51%)$5,10264 (8%)$16,207
Average448 (56.00%)$7,735445 (55.64%)$5,56265 (8.09%)$14,927

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