Number Received Financial Aid (All Undergraduate)
1,477
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$31,528
Number Received Financial Aid (Freshmen)
343
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Randolph-Macon
For the academic year 2021-2022, a total of 1,477 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $31,528. For freshmen (Full-time, first-time degree-seeking undergraduate students), 343 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Randolph-Macon College is $48,002, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,477 students (98% of all students) have received grants or scholarships and the average received aid amount is $31,528. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Randolph-Macon College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,477 | 98% | $31,528 |
| Pell Grants | 285 | 19% | $4,704 |
| Federal Student Loans | 895 | 60% | $6,574 |
Beginning Students Financial Aid
a total of 343 beginning students (100% of all freshmen) have received any financial aid and 343 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 Randolph-Macon College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 343 | 100% | - |
| Grants or Scholarship from All Sources | 343 | 100% | $30,787 |
| Federal Grants | 66 | 19% | $5,539 |
| Pell Grants | 66 | 19% | $4,804 |
| Other Federal Grants | 33 | 10% | $1,470 |
| State/Local Grants | 263 | 77% | $3,787 |
| Institutional Grants | 339 | 99% | $27,133 |
| Student Loans | 210 | 61% | $5,272 |
| Federal Student Loans | 210 | 61% | $5,272 |
| Other Student Loans | 0 | 0% | $0 |
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