Scholarships, Grants, and Loan Trends at Goshen

6%

Received Percent Changed

$9,821

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 739, which is 92.67 % of all undergraduate students. 457 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $6,914.

For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 63% 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 Goshen College since 2014.

For that period, the average number of students who received grants aid/scholarships is 739, which is 92.67 % of all undergraduate students. 457 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $6,914.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15693 (90%)$18,884250 (32%)$4,281414 (53%)$7,464
2015-16696 (90%)$19,903239 (31%)$4,306437 (57%)$7,530
2016-17741 (93%)$20,865257 (32%)$4,260491 (61%)$7,043
2017-18787 (89%)$22,467303 (34%)$4,211516 (58%)$7,154
2018-19784 (93%)$23,553286 (34%)$4,311505 (60%)$6,698
2019-20774 (94%)$24,631269 (33%)$4,535510 (62%)$6,696
2020-21778 (94%)$25,982277 (33%)$4,777468 (57%)$6,527
2021-22709 (95%)$26,128236 (32%)$5,046398 (53%)$6,611
2022-23687 (96%)$28,705268 (37%)$5,101374 (52%)$6,506
Average739 (92.67%)$23,458265 (33.11%)$4,536457 (57.00%)$6,914
*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, 182 (99.67 % of students) received grants or scholarships and its average amount is $26,144. It can cover 67.23% of tuition & fees ($38,890).

In addition, 115 (63.22 % of students) students get helped from the students loans (average amount : $6,576).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15158 (99%)$21,59094 (59%)$7,384
2015-16176 (100%)$24,170107 (61%)$6,576
2016-17185 (100%)$23,958130 (70%)$6,293
2017-18215 (100%)$25,495148 (69%)$7,320
2018-19200 (100%)$25,222135 (68%)$6,536
2019-20160 (100%)$27,422105 (66%)$5,857
2020-21198 (100%)$28,193124 (63%)$5,910
2021-22183 (100%)$28,700100 (55%)$6,717
2022-23162 (98%)$30,54896 (58%)$6,592
Average182 (99.67%)$26,144115 (63.22%)$6,576
*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, 73 (39.89 % of students) received Pell (federal) grants and its average amount is $4,827.

In addition, 58 students received State/local government grants/scholarships (31.67 % 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
2014-1563 (40%)$4,31652 (33%)$1,09941 (26%)$6,720158 (99%)$17,763
2015-1658 (33%)$4,80353 (30%)$1,19649 (28%)$6,604176 (100%)$20,388
2016-1768 (37%)$4,60261 (33%)$1,21356 (30%)$6,779185 (100%)$19,815
2017-1893 (43%)$4,02299 (46%)$1,57962 (29%)$7,014215 (100%)$21,006
2018-1972 (36%)$4,46771 (36%)$1,40656 (28%)$7,381200 (100%)$21,048
2019-2070 (44%)$4,83568 (43%)$1,34758 (36%)$7,680160 (100%)$21,950
2020-2191 (46%)$4,74882 (41%)$1,36481 (41%)$7,482198 (100%)$22,385
2021-2264 (35%)$6,47155 (30%)$1,42553 (29%)$8,079183 (100%)$23,668
2022-2375 (45%)$5,17971 (43%)$1,08262 (38%)$7,923162 (98%)$24,644
Average73 (39.89%)$4,82768 (37.22%)$1,30158 (31.67%)$7,296182 (99.67%)$21,407
*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, 115 (63.22 % of students) get any students loan help and its average loan amount is $115.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1594 (59%)$7,38494 (59%)$6,3088 (5%)$12,641
2015-16107 (61%)$6,576107 (61%)$5,9466 (3%)$11,223
2016-17130 (70%)$6,293128 (69%)$5,7388 (4%)$10,463
2017-18148 (69%)$7,320148 (69%)$5,90418 (8%)$11,648
2018-19135 (68%)$6,536134 (67%)$5,23916 (8%)$11,268
2019-20105 (66%)$5,857105 (66%)$5,1435 (3%)$14,996
2020-21124 (63%)$5,910124 (63%)$5,1419 (5%)$10,596
2021-22100 (55%)$6,71799 (54%)$5,1299 (5%)$18,214
2022-2396 (58%)$6,59296 (58%)$5,3977 (4%)$16,387
Average115 (63.22%)$6,576115 (62.89%)$5,54910 (5.00%)$13,048

Ratings & Review

Share your experiences and thoughts about Goshen College. It will be a great help to applicants and prospective students!