Scholarships, Grants, and Loan Trends at Wabash

3%

Received Percent Changed

$12,377

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 857, which is 99.11 % of all undergraduate students. 571 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,591.

For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 66% 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 Wabash College since 2014.

For that period, the average number of students who received grants aid/scholarships is 857, which is 99.11 % of all undergraduate students. 571 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,591.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15898 (97%)$24,814249 (27%)$4,201639 (69%)$6,773
2015-16851 (98%)$25,390214 (25%)$4,455590 (68%)$6,813
2016-17835 (99%)$26,540208 (25%)$4,163571 (68%)$6,626
2017-18859 (99%)$29,671237 (27%)$4,101574 (66%)$6,578
2018-19878 (100%)$32,950256 (29%)$4,364595 (67%)$6,526
2019-20863 (100%)$33,826240 (28%)$4,508570 (66%)$6,527
2020-21863 (99%)$35,167230 (26%)$4,661568 (65%)$6,687
2021-22836 (100%)$35,702200 (24%)$4,703531 (63%)$6,462
2022-23833 (100%)$37,191188 (23%)$5,262500 (60%)$6,327
Average857 (99.11%)$31,250225 (26.00%)$4,491571 (65.78%)$6,591
*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, 238 (99.56 % of students) received grants or scholarships and its average amount is $33,165. It can cover 65.29% of tuition & fees ($50,800).

In addition, 158 (65.89 % of students) students get helped from the students loans (average amount : $7,147).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15251 (98%)$26,079190 (74%)$7,372
2015-16238 (100%)$27,195171 (72%)$7,138
2016-17213 (99%)$28,547145 (67%)$7,066
2017-18232 (100%)$32,499150 (65%)$7,306
2018-19274 (100%)$35,965189 (69%)$6,908
2019-20229 (100%)$34,358144 (63%)$6,456
2020-21237 (99%)$37,862147 (61%)$6,930
2021-22210 (100%)$37,119133 (63%)$7,844
2022-23258 (100%)$38,864152 (59%)$7,307
Average238 (99.56%)$33,165158 (65.89%)$7,147
*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, 66 (27.11 % of students) received Pell (federal) grants and its average amount is $4,526.

In addition, 54 students received State/local government grants/scholarships (22.22 % 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
2014-1591 (36%)$4,11829 (11%)$1,17964 (25%)$5,726251 (98%)$22,990
2015-1656 (23%)$4,30424 (10%)$1,20052 (22%)$5,457238 (100%)$24,869
2016-1754 (25%)$4,06425 (12%)$1,31641 (19%)$5,909213 (99%)$26,225
2017-1869 (30%)$4,15228 (12%)$1,25563 (27%)$6,651232 (100%)$29,307
2018-1995 (35%)$4,30238 (14%)$1,40087 (32%)$7,057274 (100%)$32,039
2019-2056 (24%)$4,97334 (15%)$1,33846 (20%)$6,442229 (100%)$31,649
2020-2161 (25%)$4,81418 (8%)$2,04249 (20%)$6,964237 (99%)$35,028
2021-2243 (20%)$4,68918 (9%)$1,89934 (16%)$6,863210 (100%)$34,885
2022-2366 (26%)$5,31924 (9%)$1,82148 (19%)$7,365258 (100%)$35,964
Average66 (27.11%)$4,52626 (11.11%)$1,49454 (22.22%)$6,493238 (99.56%)$30,328
*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, 158 (65.89 % of students) get any students loan help and its average loan amount is $158.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15190 (74%)$7,372180 (70%)$5,75132 (13%)$11,418
2015-16171 (72%)$7,138161 (67%)$5,57130 (13%)$10,789
2016-17145 (67%)$7,066145 (67%)$5,42416 (7%)$14,884
2017-18150 (65%)$7,306150 (65%)$5,18418 (8%)$17,680
2018-19189 (69%)$6,908188 (69%)$5,36624 (9%)$12,366
2019-20144 (63%)$6,456144 (63%)$5,21613 (6%)$13,741
2020-21147 (61%)$6,930145 (60%)$5,27119 (8%)$13,391
2021-22133 (63%)$7,844133 (63%)$5,19721 (10%)$16,762
2022-23152 (59%)$7,307151 (59%)$5,25118 (7%)$17,653
Average158 (65.89%)$7,147155 (64.78%)$5,35921 (9.00%)$14,298

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