Scholarships, Grants, and Loan Trends at DePauw

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,962, which is 97.44 % of all undergraduate students. 817 students which is 40.33% of undergraduate students received federal student loans and the average loan amount is $6,557.

For full-time, first-time beginning students (freshmen), 99.44% of students received grants or scholarships and 39% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at DePauw University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,962, which is 97.44 % of all undergraduate students. 817 students which is 40.33% of undergraduate students received federal student loans and the average loan amount is $6,557.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,154 (98%)$26,422426 (19%)$4,243953 (44%)$7,003
2015-162,199 (99%)$28,447415 (19%)$4,383943 (42%)$6,726
2016-172,154 (99%)$28,347410 (19%)$4,342970 (45%)$6,832
2017-182,097 (97%)$30,087429 (20%)$4,373952 (44%)$6,844
2018-192,094 (97%)$31,958424 (20%)$4,468887 (41%)$6,412
2019-201,886 (96%)$33,776384 (19%)$4,487776 (39%)$6,569
2020-211,688 (96%)$35,002319 (18%)$4,638592 (34%)$6,333
2021-221,674 (97%)$37,179282 (16%)$4,668583 (34%)$6,473
2022-231,715 (98%)$41,490276 (16%)$5,260694 (40%)$5,817
Average1,962 (97.44%)$32,523374 (18.44%)$4,540817 (40.33%)$6,557
*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.

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

For the last 10 years, on average, 515 (99.44 % of students) received grants or scholarships and its average amount is $34,792. It can cover 58.90% of tuition & fees ($59,070).

In addition, 206 (39.44 % of students) students get helped from the students loans (average amount : $5,747).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15508 (99%)$26,597254 (49%)$7,556
2015-16595 (100%)$27,615237 (40%)$6,055
2016-17556 (99%)$31,570252 (45%)$5,593
2017-18593 (100%)$33,305265 (45%)$5,498
2018-19557 (99%)$35,367206 (37%)$5,245
2019-20418 (99%)$36,763142 (34%)$5,200
2020-21377 (99%)$38,789120 (31%)$5,009
2021-22498 (100%)$41,067184 (37%)$5,055
2022-23535 (100%)$42,053197 (37%)$6,516
Average515 (99.44%)$34,792206 (39.44%)$5,747
*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 10 years, on average, 97 (18.67 % of students) received Pell (federal) grants and its average amount is $4,555.

In addition, 44 students received State/local government grants/scholarships (8.44 % 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
2014-15106 (21%)$3,94197 (19%)$1,23553 (10%)$5,330507 (99%)$25,032
2015-16100 (17%)$4,37095 (16%)$1,61347 (8%)$5,466594 (100%)$26,236
2016-17117 (21%)$4,587112 (20%)$1,79435 (6%)$6,025553 (99%)$30,026
2017-18131 (22%)$4,497126 (21%)$2,15759 (10%)$7,421592 (99%)$31,168
2018-19125 (22%)$4,166119 (21%)$96355 (10%)$6,166557 (99%)$33,618
2019-2080 (19%)$4,17577 (18%)$1,01334 (8%)$6,626417 (99%)$35,323
2020-2165 (17%)$5,27964 (17%)$1,26536 (9%)$7,706377 (99%)$36,929
2021-2272 (14%)$4,89370 (14%)$1,17937 (7%)$7,344498 (100%)$39,648
2022-2380 (15%)$5,08840 (7%)$1,90042 (8%)$6,487535 (100%)$40,641
Average97 (18.67%)$4,55589 (17.00%)$1,45844 (8.44%)$6,508514 (99.33%)$33,180
*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 10 years, on average, 206 (39.44 % of students) get any students loan help and its average loan amount is $206.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15254 (49%)$7,556246 (48%)$6,34331 (6%)$11,571
2015-16237 (40%)$6,055237 (40%)$5,78416 (3%)$4,013
2016-17252 (45%)$5,593231 (41%)$5,47835 (6%)$4,114
2017-18265 (45%)$5,498250 (42%)$5,48425 (4%)$3,439
2018-19206 (37%)$5,245199 (35%)$5,25210 (2%)$3,533
2019-20142 (34%)$5,200141 (33%)$5,1981 (0%)$5,500
2020-21120 (31%)$5,00994 (25%)$5,35128 (7%)$3,504
2021-22184 (37%)$5,055139 (28%)$5,21046 (9%)$4,478
2022-23197 (37%)$6,516193 (36%)$4,66721 (4%)$18,238
Average206 (39.44%)$5,747192 (36.44%)$5,41924 (5.13%)$6,488

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