Scholarships, Grants, and Loan Trends at Earlham

8%

Received Percent Changed

$8,864

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 846, which is 95.22 % of all undergraduate students. 430 students which is 47.78% of undergraduate students received federal student loans and the average loan amount is $6,371.

For full-time, first-time beginning students (freshmen), 98.89% of students received grants or scholarships and 53% of students received student loans.

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 846, which is 95.22 % of all undergraduate students. 430 students which is 47.78% of undergraduate students received federal student loans and the average loan amount is $6,371.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15878 (88%)$31,656281 (28%)$4,361524 (53%)$6,928
2015-16894 (90%)$32,532280 (28%)$4,227504 (51%)$7,138
2016-17969 (94%)$34,672269 (26%)$4,485508 (49%)$6,487
2017-181,002 (95%)$36,382290 (27%)$4,432506 (48%)$6,441
2018-191,003 (99%)$32,341274 (27%)$4,490487 (48%)$6,094
2019-20904 (98%)$22,636259 (28%)$4,511446 (48%)$6,237
2020-21727 (99%)$32,613225 (31%)$4,596355 (48%)$6,087
2021-22648 (98%)$33,897164 (25%)$5,099280 (43%)$6,048
2022-23585 (96%)$40,520153 (25%)$5,352259 (42%)$5,880
Average846 (95.22%)$33,028244 (27.22%)$4,617430 (47.78%)$6,371
*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, 229 (98.89 % of students) received grants or scholarships and its average amount is $35,785. It can cover 66.36% of tuition & fees ($53,930).

In addition, 126 (52.78 % of students) students get helped from the students loans (average amount : $6,566).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15259 (96%)$31,212160 (59%)$6,989
2015-16244 (97%)$33,943116 (46%)$6,647
2016-17354 (100%)$36,987211 (59%)$6,038
2017-18283 (99%)$35,999181 (63%)$6,067
2018-19264 (100%)$36,768140 (53%)$5,458
2019-20168 (98%)$36,72682 (48%)$6,991
2020-21146 (100%)$35,01975 (51%)$6,590
2021-22171 (100%)$37,30378 (46%)$7,823
2022-23173 (100%)$38,11187 (50%)$6,491
Average229 (98.89%)$35,785126 (52.78%)$6,566
*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, 68 (29.33 % of students) received Pell (federal) grants and its average amount is $4,615.

In addition, 27 students received State/local government grants/scholarships (11.56 % 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
2014-1577 (29%)$4,31333 (12%)$3,38823 (9%)$5,566259 (96%)$29,004
2015-1672 (29%)$4,31438 (15%)$2,23725 (10%)$6,511244 (97%)$31,654
2016-17100 (28%)$4,35564 (18%)$2,30944 (12%)$5,315354 (100%)$34,679
2017-18103 (36%)$4,02267 (23%)$2,29144 (15%)$6,800283 (99%)$32,935
2018-1967 (25%)$4,37749 (18%)$2,06628 (11%)$7,360264 (100%)$34,493
2019-2057 (33%)$4,62646 (27%)$2,27720 (12%)$6,662168 (98%)$33,740
2020-2159 (40%)$4,68542 (29%)$3,04914 (10%)$8,171146 (100%)$31,465
2021-2232 (19%)$5,43024 (14%)$3,54415 (9%)$6,686171 (100%)$35,203
2022-2343 (25%)$5,41727 (16%)$3,47327 (16%)$6,943173 (100%)$35,139
Average68 (29.33%)$4,61543 (19.11%)$2,73727 (11.56%)$6,668229 (98.89%)$33,146
*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, 126 (52.78 % of students) get any students loan help and its average loan amount is $126.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15160 (59%)$6,989158 (59%)$5,95115 (6%)$11,865
2015-16116 (46%)$6,647115 (46%)$6,0017 (3%)$11,559
2016-17211 (59%)$6,038195 (55%)$5,29024 (7%)$10,097
2017-18181 (63%)$6,067180 (63%)$5,23913 (5%)$11,939
2018-19140 (53%)$5,458131 (49%)$4,9739 (3%)$12,515
2019-2082 (48%)$6,99182 (48%)$5,23711 (6%)$13,078
2020-2175 (51%)$6,59075 (51%)$4,8997 (5%)$18,117
2021-2278 (46%)$7,82376 (44%)$5,24112 (7%)$17,660
2022-2387 (50%)$6,49187 (50%)$5,1288 (5%)$14,825
Average126 (52.78%)$6,566122 (51.67%)$5,32912 (5.22%)$13,517

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