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What is the average financial aid amount at Amherst College?

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For the academic year 2022-2023, total 341 full-time, first-time students (66% 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 1,208 students (61% of all students) received grants or scholarships and the average grant amount is $58,328. In addition, 221 students received student loans and the average loan amount is $5,451.

Below tables show the number and amount by source of financial aid at Amherst College.
All Undergraduate Student Financial Aid at Amherst College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,20861%$58,328
Pell Grants46524%$5,181
Federal Student Loans22111%$5,451
Beginning Students (Freshmen) Financial Aid at Amherst College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid34166%-
Grants or Scholarship from All Sources29858%$58,693
Federal Grants11623%$6,109
Pell Grants11422%$5,509
Other Federal Grants8116%$994
State/Local Grants194%$2,341
Institutional Grants29257%$57,320
Student Loans6412%$9,293
Federal Student Loans5711%$4,877
Other Student Loans143%$22,628

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