Scholarships, Grants, and Loan Trends at Washington

3%

Received Percent Changed

$11,496

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,205, which is 93.78 % of all undergraduate students. 719 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $6,244.

For full-time, first-time beginning students (freshmen), 97.44% of students received grants or scholarships and 62% 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 Washington College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,205, which is 93.78 % of all undergraduate students. 719 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $6,244.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,331 (91%)$22,840215 (15%)$4,397816 (56%)$6,589
2015-161,371 (96%)$21,544231 (16%)$4,712813 (57%)$6,076
2016-171,358 (92%)$22,879269 (18%)$4,305841 (57%)$6,090
2017-181,341 (90%)$25,772292 (20%)$4,617855 (58%)$6,206
2018-191,281 (94%)$29,558284 (21%)$4,890824 (60%)$6,383
2019-201,225 (95%)$31,372274 (21%)$4,995761 (59%)$6,465
2020-211,060 (97%)$27,518272 (25%)$4,719579 (53%)$6,024
2021-22979 (95%)$30,662219 (21%)$4,820506 (49%)$6,077
2022-23899 (94%)$34,336196 (21%)$5,047479 (50%)$6,285
Average1,205 (93.78%)$27,387250 (19.78%)$4,722719 (55.44%)$6,244
*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, 318 (97.44 % of students) received grants or scholarships and its average amount is $30,808. It can cover 55.93% of tuition & fees ($55,081).

In addition, 205 (61.56 % of students) students get helped from the students loans (average amount : $8,198).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15366 (94%)$22,245248 (64%)$6,672
2015-16383 (98%)$25,533244 (62%)$7,671
2016-17386 (94%)$26,844256 (62%)$8,221
2017-18355 (96%)$29,979266 (72%)$6,524
2018-19309 (100%)$33,014217 (70%)$7,447
2019-20324 (100%)$36,015214 (66%)$9,820
2020-21258 (99%)$31,368143 (55%)$8,938
2021-22255 (98%)$35,683128 (49%)$7,659
2022-23227 (98%)$36,593125 (54%)$10,828
Average318 (97.44%)$30,808205 (61.56%)$8,198
*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, 75 (23.11 % of students) received Pell (federal) grants and its average amount is $4,762.

In addition, 50 students received State/local government grants/scholarships (15.33 % 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
2014-1567 (17%)$4,48156 (14%)$1,12957 (15%)$5,763366 (94%)$20,354
2015-1678 (20%)$4,72562 (16%)$1,13553 (14%)$6,274383 (98%)$23,519
2016-1793 (23%)$4,29666 (16%)$97453 (13%)$4,454386 (94%)$25,030
2017-1894 (26%)$4,72374 (20%)$84657 (15%)$6,638354 (96%)$27,564
2018-1988 (28%)$4,73981 (26%)$69053 (17%)$6,267309 (100%)$30,408
2019-2082 (25%)$4,96372 (22%)$1,79053 (16%)$5,885323 (99%)$33,502
2020-2167 (26%)$4,46628 (11%)$2,44545 (17%)$5,023258 (99%)$29,067
2021-2257 (22%)$4,90732 (12%)$2,21739 (15%)$5,657255 (98%)$33,443
2022-2348 (21%)$5,55530 (13%)$1,91736 (16%)$9,044226 (98%)$33,880
Average75 (23.11%)$4,76256 (16.67%)$1,46050 (15.33%)$6,112318 (97.33%)$28,530
*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, 205 (61.56 % of students) get any students loan help and its average loan amount is $205.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15248 (64%)$6,672247 (64%)$5,42020 (5%)$15,801
2015-16244 (62%)$7,671243 (62%)$5,48630 (8%)$17,954
2016-17256 (62%)$8,221255 (62%)$5,44639 (10%)$18,351
2017-18266 (72%)$6,524232 (63%)$5,08834 (9%)$16,322
2018-19217 (70%)$7,447213 (69%)$5,17332 (10%)$16,065
2019-20214 (66%)$9,820213 (66%)$5,47349 (15%)$19,097
2020-21143 (55%)$8,938137 (53%)$4,99828 (11%)$21,191
2021-22128 (49%)$7,659126 (48%)$5,09019 (7%)$17,844
2022-23125 (54%)$10,828121 (52%)$5,21636 (16%)$20,067
Average205 (61.56%)$8,198199 (59.89%)$5,26632 (10.11%)$18,077

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