For the academic year 2022-2023, total 468 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,512 students (99% of all students) received grants or scholarships and the average grant amount is $47,368. In addition, 983 students received student loans and the average loan amount is $6,792.
Below tables show the number and amount by source of financial aid at Albion College.
For all undergraduate students, total 1,512 students (99% of all students) received grants or scholarships and the average grant amount is $47,368. In addition, 983 students received student loans and the average loan amount is $6,792.
Below tables show the number and amount by source of financial aid at Albion College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,512 | 99% | $47,368 |
| Pell Grants | 712 | 47% | $5,299 |
| Federal Student Loans | 983 | 65% | $6,792 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 468 | 100% | - |
| Grants or Scholarship from All Sources | 468 | 100% | $47,406 |
| Federal Grants | 221 | 47% | $5,730 |
| Pell Grants | 219 | 47% | $5,136 |
| Other Federal Grants | 146 | 31% | $971 |
| State/Local Grants | 240 | 51% | $2,785 |
| Institutional Grants | 468 | 100% | $43,272 |
| Student Loans | 301 | 64% | $7,208 |
| Federal Student Loans | 298 | 64% | $5,694 |
| Other Student Loans | 31 | 7% | $15,253 |
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