Number Received Financial Aid (All Undergraduate)
1,447
Percent Received Financial Aid(All Undergraduate)
99%
Average Aid Amount
$47,865
Number Received Financial Aid (Freshmen)
418
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Albion
For the academic year 2023-2024, a total of 1,447 students (99% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $47,865. For freshmen (Full-time, first-time degree-seeking undergraduate students), 418 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Albion College is $56,950, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,447 students (99% of all students) have received grants or scholarships and the average received aid amount is $47,865. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,447 | 99% | $47,865 |
| Pell Grants | 659 | 45% | $5,597 |
| Federal Student Loans | 969 | 67% | $6,833 |
Beginning Students Financial Aid
a total of 418 beginning students (100% of all freshmen) have received any financial aid and 418 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 418 | 100% | - |
| Grants or Scholarship from All Sources | 418 | 100% | $50,344 |
| Federal Grants | 198 | 47% | $6,231 |
| Pell Grants | 198 | 47% | $5,658 |
| Other Federal Grants | 118 | 28% | $962 |
| State/Local Grants | 187 | 45% | $2,999 |
| Institutional Grants | 418 | 100% | $46,051 |
| Student Loans | 293 | 70% | $6,919 |
| Federal Student Loans | 291 | 70% | $5,396 |
| Other Student Loans | 34 | 8% | $13,437 |
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