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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 Hillsdale College since 2014.
For that period, the average number of students who received grants aid/scholarships is 1,431, which is 96.38 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,365 (93%)$16,413----
2015-161,454 (98%)$16,566----
2016-171,416 (95%)$17,794----
2017-181,457 (96%)$18,634----
2018-191,439 (98%)$19,821----
2019-201,435 (98%)$20,490----
2020-211,385 (94%)$22,181----
2021-221,494 (99%)$22,002----
Average1,431 (96.38%)$19,238----

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

OverviewGrants/ScholarshipStudent Loans
For the last 9 years, on average, 343 (95.63 % of students) received grants or scholarships and its average amount is $18,733. It can cover 58.37% of tuition & fees ($32,092).
In addition, 123 (34.25 % of students) students get helped from the students loans (average amount : $10,608).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15307 (85%)$14,865155 (43%)$10,077
2015-16349 (96%)$16,735139 (38%)$9,931
2016-17349 (96%)$18,540129 (35%)$10,129
2017-18355 (96%)$18,634119 (32%)$10,780
2018-19327 (96%)$18,548123 (36%)$11,705
2019-20331 (97%)$20,910100 (29%)$10,899
2020-21335 (100%)$20,535115 (34%)$10,497
2021-22393 (99%)$21,093105 (27%)$10,849
Average343 (95.63%)$18,733123 (34.25%)$10,608
*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 9 years,
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
2014-15------307 (85%)$14,865
2015-16------349 (96%)$16,735
2016-17------349 (96%)$18,540
2017-18------355 (96%)$18,634
2018-19------327 (96%)$18,548
2019-20------331 (97%)$20,910
2020-21------335 (100%)$20,535
2021-22------393 (99%)$21,093
Average------343 (95.63%)$18,733
*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 9 years, on average, 123 (34.25 % of students) get any students loan help and its average loan amount is $123.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15155 (43%)$10,077--155 (43%)$10,077
2015-16139 (38%)$9,931--139 (38%)$9,931
2016-17129 (35%)$10,129--129 (35%)$10,129
2017-18119 (32%)$10,780--119 (32%)$10,780
2018-19123 (36%)$11,705--123 (36%)$11,705
2019-20100 (29%)$10,899--100 (29%)$10,899
2020-21115 (34%)$10,497--115 (34%)$10,497
2021-22105 (27%)$10,849--105 (27%)$10,849
Average123 (34.25%)$10,608--123 (34.25%)$10,608

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