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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 Welch College since 2011.
For that period, the average number of students who received grants aid/scholarships is 266, which is 78.82 % of all undergraduate students. 142 students which is 42.36% of undergraduate students received federal student loans and the average loan amount is $7,459.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12253 (87%)$6,227124 (43%)$3,698155 (53%)$8,472
2012-13285 (90%)$6,003126 (40%)$3,760156 (49%)$6,506
2013-14268 (79%)$8,117144 (43%)$4,292168 (50%)$9,076
2014-15293 (89%)$8,363150 (46%)$4,174186 (57%)$8,215
2015-16272 (79%)$8,783126 (36%)$4,462158 (46%)$6,665
2016-17238 (72%)$8,611129 (39%)$3,934135 (41%)$7,016
2017-18305 (88%)$7,643128 (37%)$4,237141 (41%)$6,711
2018-19279 (74%)$9,504119 (32%)$4,263139 (37%)$6,484
2019-20245 (62%)$10,88292 (23%)$4,231119 (30%)$8,287
2020-21208 (62%)$12,37879 (24%)$4,418108 (32%)$8,289
2021-22276 (85%)$9,47688 (27%)$4,54399 (30%)$6,326
Average266 (78.82%)$8,726119 (35.45%)$4,183142 (42.36%)$7,459

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 52 (89.00 % of students) received grants or scholarships and its average amount is $11,137. It can cover 53.55% of tuition & fees ($20,796).
In addition, 32 (54.18 % of students) students get helped from the students loans (average amount : $7,282).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1250 (93%)$9,45432 (59%)$8,095
2012-1359 (98%)$9,16143 (72%)$5,948
2013-1458 (94%)$9,60144 (71%)$6,599
2014-1549 (96%)$9,50431 (61%)$6,442
2015-1638 (86%)$10,53128 (64%)$6,207
2016-1736 (67%)$10,70321 (39%)$8,029
2017-1864 (91%)$11,27335 (50%)$5,891
2018-1970 (74%)$11,81742 (45%)$7,480
2019-2063 (88%)$12,85131 (43%)$9,581
2020-2144 (92%)$13,87618 (38%)$8,786
2021-2246 (100%)$13,73625 (54%)$7,049
Average52 (89.00%)$11,13732 (54.18%)$7,282
*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 12 years, on average, 27 (46.82 % of students) received Pell (federal) grants and its average amount is $4,379.
In addition, 18 students received State/local government grants/scholarships (30.09 % 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
2011-1228 (52%)$4,3616 (11%)$98311 (20%)$4,45545 (83%)$6,570
2012-1333 (55%)$3,8528 (13%)$80020 (33%)$4,97548 (80%)$6,406
2013-1439 (63%)$4,5145 (8%)$70015 (24%)$4,63350 (81%)$6,156
2014-1529 (57%)$4,0164 (8%)$7506 (12%)$5,35045 (88%)$6,981
2015-1621 (48%)$4,706--12 (27%)$4,68236 (82%)$6,810
2016-1722 (41%)$4,6794 (7%)$1,00011 (20%)$5,08030 (56%)$7,416
2017-1828 (40%)$4,4295 (7%)$2,20024 (34%)$4,34962 (89%)$7,776
2018-1936 (38%)$4,4435 (5%)$1,00026 (28%)$5,06366 (70%)$8,040
2019-2026 (36%)$4,5726 (8%)$1,00028 (39%)$4,96958 (81%)$9,407
2020-2116 (33%)$4,3793 (6%)$1,00023 (48%)$4,67044 (92%)$9,774
2021-2224 (52%)$4,2135 (11%)$1,00021 (46%)$5,24342 (91%)$9,897
Average27 (46.82%)$4,3795 (8.40%)$1,04318 (30.09%)$4,86148 (81.18%)$7,748
*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 12 years, on average, 32 (54.18 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1232 (59%)$8,09532 (59%)$7,7673 (6%)$3,500
2012-1343 (72%)$5,94843 (72%)$5,6533 (5%)$4,228
2013-1444 (71%)$6,59944 (71%)$4,7507 (11%)$11,621
2014-1531 (61%)$6,44231 (61%)$5,3793 (6%)$10,988
2015-1628 (64%)$6,20725 (57%)$5,5003 (7%)$12,100
2016-1721 (39%)$8,02920 (37%)$6,0943 (6%)$15,579
2017-1835 (50%)$5,89134 (49%)$5,5752 (3%)$8,312
2018-1942 (45%)$7,48042 (45%)$5,2666 (6%)$15,503
2019-2031 (43%)$9,58130 (42%)$7,6264 (6%)$17,062
2020-2118 (38%)$8,78617 (35%)$8,2061 (2%)$18,648
2021-2225 (54%)$7,04924 (52%)$5,7772 (4%)$18,785
Average32 (54.18%)$7,28231 (52.73%)$6,1453 (5.64%)$12,393

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