univstats

Albion Financial Aid

Number Received Financial Aid (All Undergraduate) 1,512
Percent Received Financial Aid(All Undergraduate) 99%
Average Aid Amount $47,368
Number Received Financial Aid (Freshmen) 468
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at Albion

For the academic year 2021-2022, a total of 1,512 students (99% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $47,368. For freshmen (Full-time, first-time degree-seeking undergraduate students), 468 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Albion College is $55,746, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 1,512 students (99% of all students) have received grants or scholarships and the average received aid amount is $47,368. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Albion College for all undergraduate students.
Undergraduate Student Financial Aid at Albion College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,51299%$47,368
Pell Grants71247%$5,299
Federal Student Loans98365%$6,792

Beginning Students Financial Aid

a total of 468 beginning students (100% of all freshmen) have received any financial aid and 468 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Albion College.
Beginning Students (Freshmen) Financial Aid at Albion College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid468100%-
Grants or Scholarship from All Sources468100%$47,406
Federal Grants22147%$5,730
Pell Grants21947%$5,136
Other Federal Grants14631%$971
State/Local Grants24051%$2,785
Institutional Grants468100%$43,272
Student Loans30164%$7,208
Federal Student Loans29864%$5,694
Other Student Loans317%$15,253