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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 Alma College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,388, which is 97.73 % of all undergraduate students. 1,142 students which is 80.45% of undergraduate students received federal student loans and the average loan amount is $7,190.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,377 (97%)$19,349447 (32%)$3,8791,199 (85%)$7,356
2012-131,439 (98%)$21,196447 (31%)$4,0641,337 (92%)$7,515
2013-141,410 (99%)$21,762409 (29%)$4,1521,287 (91%)$7,818
2014-151,362 (98%)$23,067424 (30%)$4,1331,258 (90%)$7,493
2015-161,336 (96%)$23,828400 (29%)$4,2811,228 (89%)$7,417
2016-171,392 (96%)$25,501423 (29%)$4,3421,268 (87%)$7,134
2017-181,388 (97%)$27,558444 (31%)$4,4391,046 (73%)$7,110
2018-191,406 (98%)$29,436449 (31%)$4,6451,053 (73%)$6,867
2019-201,421 (99%)$30,692400 (28%)$4,6771,044 (72%)$6,832
2020-211,412 (98%)$32,107357 (25%)$4,744973 (68%)$6,747
2021-221,322 (99%)$33,305309 (23%)$4,858865 (65%)$6,798
Average1,388 (97.73%)$26,164410 (28.91%)$4,3831,142 (80.45%)$7,190

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 387 (100.00 % of students) received grants or scholarships and its average amount is $27,728. It can cover 58.46% of tuition & fees ($47,430).
In addition, 330 (85.09 % of students) students get helped from the students loans (average amount : $8,925).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12395 (100%)$19,618363 (92%)$7,480
2012-13434 (100%)$22,611412 (95%)$8,169
2013-14376 (100%)$22,805363 (97%)$8,151
2014-15356 (100%)$24,451349 (98%)$8,181
2015-16336 (100%)$26,926319 (95%)$8,555
2016-17447 (100%)$28,481431 (96%)$9,328
2017-18408 (100%)$29,410315 (77%)$9,614
2018-19404 (100%)$30,844317 (78%)$9,489
2019-20384 (100%)$32,045281 (73%)$10,033
2020-21396 (100%)$33,081256 (65%)$9,297
2021-22319 (100%)$34,736222 (70%)$9,882
Average387 (100.00%)$27,728330 (85.09%)$8,925
*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, 122 (31.55 % of students) received Pell (federal) grants and its average amount is $4,494.
In addition, 233 students received State/local government grants/scholarships (60.09 % 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
2011-12123 (31%)$3,96568 (17%)$654248 (63%)$1,486395 (100%)$17,337
2012-13145 (33%)$4,19895 (22%)$684283 (65%)$1,827434 (100%)$19,868
2013-14116 (31%)$4,15380 (21%)$611229 (61%)$1,487376 (100%)$20,488
2014-15123 (35%)$4,24778 (22%)$667238 (67%)$1,612356 (100%)$21,759
2015-16124 (37%)$4,74353 (16%)$578225 (67%)$1,793336 (100%)$23,883
2016-17165 (37%)$4,30849 (11%)$622301 (67%)$2,208447 (100%)$25,336
2017-18137 (34%)$4,55233 (8%)$760260 (64%)$1,949408 (100%)$26,578
2018-19137 (34%)$4,78669 (17%)$794244 (60%)$2,328404 (100%)$27,679
2019-20108 (28%)$4,63163 (16%)$928201 (52%)$2,711384 (100%)$29,171
2020-2184 (21%)$4,72990 (23%)$913182 (46%)$2,742396 (100%)$30,611
2021-2282 (26%)$5,12372 (23%)$825155 (49%)$2,701319 (100%)$31,920
Average122 (31.55%)$4,49468 (17.82%)$731233 (60.09%)$2,077387 (100.00%)$24,966
*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, 330 (85.09 % of students) get any students loan help and its average loan amount is $330.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12363 (92%)$7,480363 (92%)$6,088143 (36%)$3,534
2012-13412 (95%)$8,169412 (95%)$7,06048 (11%)$9,521
2013-14363 (97%)$8,151363 (97%)$6,65546 (12%)$11,803
2014-15349 (98%)$8,181349 (98%)$6,100106 (30%)$6,851
2015-16319 (95%)$8,555318 (95%)$6,025105 (31%)$7,744
2016-17431 (96%)$9,328430 (96%)$6,085110 (25%)$12,759
2017-18315 (77%)$9,614313 (77%)$5,84191 (22%)$13,187
2018-19317 (78%)$9,489312 (77%)$5,75690 (22%)$13,469
2019-20281 (73%)$10,033275 (72%)$5,518100 (26%)$13,018
2020-21256 (65%)$9,297252 (64%)$5,67169 (17%)$13,784
2021-22222 (70%)$9,882219 (69%)$5,60266 (21%)$14,648
Average330 (85.09%)$8,925328 (84.73%)$6,03689 (23.00%)$10,938

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