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How many students are received the students loans at Albion College?

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For the academic year 2022-2023, total 301 full-time, first-time students (64% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 983 students (65% of all students) have received federal student loans and the average loan amount is $6,792 at Albion College.

Below tables show the number and amount by source of financial aid at Albion College.
All 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 (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
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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