All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Grinnell College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,501, which is 88.67 % of all undergraduate students. 622 students which is 36.56% of undergraduate students received federal student loans and the average loan amount is $4,604.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,506 (88%)$32,080406 (24%)$4,323710 (41%)$4,344
2014-151,512 (87%)$33,169385 (22%)$4,207734 (42%)$4,451
2015-161,535 (90%)$32,923369 (22%)$4,278718 (42%)$4,684
2016-171,497 (88%)$34,094338 (20%)$4,281685 (40%)$4,921
2017-181,446 (84%)$35,750321 (19%)$4,505678 (40%)$4,799
2018-191,474 (86%)$37,806340 (20%)$4,668677 (39%)$4,537
2019-201,499 (86%)$39,285325 (19%)$4,715654 (38%)$4,275
2020-211,486 (100%)$34,913300 (20%)$4,682514 (34%)$4,490
2021-221,551 (89%)$43,476304 (17%)$4,929224 (13%)$4,939
Average1,501 (88.67%)$35,944343 (20.33%)$4,510622 (36.56%)$4,604

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 392 (90.22 % of students) received grants or scholarships and its average amount is $35,195. It can cover 54.26% of tuition & fees ($64,862).
In addition, 190 (43.89 % of students) students get helped from the students loans (average amount : $5,268).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14393 (93%)$31,458194 (46%)$5,389
2014-15398 (91%)$30,448240 (55%)$4,538
2015-16401 (91%)$31,088230 (52%)$4,594
2016-17357 (86%)$33,946184 (45%)$4,606
2017-18381 (85%)$35,006222 (50%)$5,229
2018-19404 (87%)$38,498215 (46%)$4,920
2019-20402 (88%)$38,255204 (44%)$5,412
2020-21360 (100%)$35,821151 (42%)$5,018
2021-22429 (91%)$42,23169 (15%)$7,707
Average392 (90.22%)$35,195190 (43.89%)$5,268
*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, 86 (19.89 % of students) received Pell (federal) grants and its average amount is $4,541.
In addition, 15 students received State/local government grants/scholarships (3.44 % 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
2013-14104 (25%)$4,35213 (3%)$4,00024 (6%)$3,816393 (93%)$29,941
2014-1589 (20%)$3,93334 (8%)$1,24817 (4%)$3,721398 (91%)$29,303
2015-1686 (19%)$4,48917 (4%)$3,81017 (4%)$5,067401 (91%)$29,749
2016-1780 (19%)$4,3099 (2%)$4,00018 (4%)$5,727356 (86%)$32,682
2017-1874 (17%)$4,62015 (3%)$4,0007 (2%)$4,986381 (85%)$33,860
2018-19103 (22%)$4,66925 (5%)$4,00017 (4%)$5,851403 (87%)$36,905
2019-2083 (18%)$4,68219 (4%)$3,78910 (2%)$6,000402 (88%)$36,960
2020-2178 (22%)$4,76929 (8%)$3,81911 (3%)$5,900360 (100%)$34,300
2021-2279 (17%)$5,04342 (9%)$3,93311 (2%)$6,547429 (91%)$40,749
Average86 (19.89%)$4,54123 (5.11%)$3,62215 (3.44%)$5,291391 (90.22%)$33,828
*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, 190 (43.89 % of students) get any students loan help and its average loan amount is $190.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14194 (46%)$5,389168 (40%)$4,39857 (13%)$5,377
2014-15240 (55%)$4,538204 (47%)$4,06968 (16%)$3,807
2015-16230 (52%)$4,594186 (42%)$3,81675 (17%)$4,624
2016-17184 (45%)$4,606163 (39%)$4,09144 (11%)$4,107
2017-18222 (50%)$5,229178 (40%)$4,00579 (18%)$5,671
2018-19215 (46%)$4,920181 (39%)$3,60763 (14%)$6,430
2019-20204 (44%)$5,412169 (37%)$3,72970 (15%)$6,769
2020-21151 (42%)$5,018129 (36%)$3,95242 (12%)$5,903
2021-2269 (15%)$7,70764 (14%)$4,88121 (4%)$10,449
Average190 (43.89%)$5,268160 (37.11%)$4,06158 (13.33%)$5,904

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