Scholarships, Grants, and Loan Trends at Holy Cross

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 428, which is 86.11 % of all undergraduate students. 276 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $6,975.

For full-time, first-time beginning students (freshmen), 71.11% of students received grants or scholarships and 55% 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 Holy Cross College since 2014.

For that period, the average number of students who received grants aid/scholarships is 428, which is 86.11 % of all undergraduate students. 276 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $6,975.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15470 (96%)$22,083161 (33%)$4,203294 (60%)$7,148
2015-16474 (88%)$17,709154 (29%)$4,139286 (53%)$8,789
2016-17502 (87%)$17,994179 (31%)$4,171312 (54%)$9,672
2017-18506 (91%)$19,463179 (32%)$4,515268 (48%)$6,255
2018-19416 (83%)$20,797131 (26%)$4,369237 (47%)$6,169
2019-20379 (85%)$23,510128 (29%)$4,758212 (47%)$6,346
2020-21374 (82%)$26,254133 (29%)$5,054291 (64%)$6,047
2021-22379 (81%)$26,825128 (27%)$5,225292 (62%)$6,223
2022-23352 (82%)$25,351124 (29%)$5,508291 (68%)$6,123
Average428 (86.11%)$22,221146 (29.44%)$4,660276 (55.89%)$6,975
*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, 131 (71.11 % of students) received grants or scholarships and its average amount is $20,640. It can cover 56.39% of tuition & fees ($36,600).

In addition, 102 (54.89 % of students) students get helped from the students loans (average amount : $8,197).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15122 (85%)$14,16782 (57%)$10,596
2015-16142 (79%)$17,08296 (53%)$9,063
2016-17175 (83%)$21,034109 (51%)$11,509
2017-18141 (73%)$18,29394 (49%)$7,096
2018-19101 (61%)$19,38274 (45%)$7,781
2019-20121 (65%)$21,18786 (46%)$6,699
2020-21131 (66%)$25,653125 (63%)$6,473
2021-22122 (59%)$24,381128 (62%)$7,039
2022-23127 (69%)$24,582124 (68%)$7,515
Average131 (71.11%)$20,640102 (54.89%)$8,197
*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, 47 (25.33 % of students) received Pell (federal) grants and its average amount is $4,795.

In addition, 31 students received State/local government grants/scholarships (16.67 % 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
2014-1547 (33%)$4,51213 (9%)$1,17018 (13%)$6,093119 (83%)$11,692
2015-1655 (31%)$4,1729 (5%)$87641 (23%)$5,892136 (76%)$14,314
2016-1759 (28%)$4,42811 (5%)$81839 (18%)$5,897175 (83%)$18,175
2017-1849 (26%)$4,27618 (9%)$1,05035 (18%)$6,776137 (71%)$15,429
2018-1934 (20%)$4,54410 (6%)$1,79322 (13%)$6,751101 (61%)$16,204
2019-2045 (24%)$5,07023 (12%)$1,23435 (19%)$8,013118 (63%)$17,176
2020-2148 (24%)$5,40459 (30%)$2,14733 (17%)$8,086129 (65%)$20,990
2021-2241 (20%)$5,18415 (7%)$2,05626 (13%)$8,097122 (59%)$20,660
2022-2341 (22%)$5,56412 (7%)$1,16730 (16%)$7,871122 (67%)$21,669
Average47 (25.33%)$4,79519 (10.00%)$1,36831 (16.67%)$7,053129 (69.78%)$17,368
*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, 102 (54.89 % of students) get any students loan help and its average loan amount is $102.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1582 (57%)$10,59682 (57%)$8,17617 (12%)$11,674
2015-1696 (53%)$9,06395 (53%)$7,74311 (6%)$12,229
2016-17109 (51%)$11,509109 (51%)$10,4989 (4%)$12,255
2017-1894 (49%)$7,09693 (48%)$5,39212 (6%)$13,792
2018-1974 (45%)$7,78171 (43%)$5,24612 (7%)$16,944
2019-2086 (46%)$6,69986 (46%)$5,44312 (6%)$9,007
2020-21125 (63%)$6,473125 (63%)$5,33810 (5%)$14,181
2021-22128 (62%)$7,039127 (61%)$5,38010 (5%)$21,774
2022-23124 (68%)$7,515124 (68%)$5,31311 (6%)$24,824
Average102 (54.89%)$8,197101 (54.44%)$6,50312 (6.33%)$15,187

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