Financial Aid Information at Amherst College
For academic year 2017-2018, Total 1,103 students (60% of undergraduate students) received one or more financial aid including grants, scholarship, and/or student loans. The average financial aid amount is $50,424. For freshmen*, 312 students (66% of enrolled students received financial aid.
All Undergraduate Students Financial Aid
For academic year 2017-2018, total 1,103 students (60% of all students) have received grants or scholarships and the average received amount is $50,424. It includes federal, state, local, institutional or other sources of grant aid. Next table describes the financial aid statistics by aid types at Amherst 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 | 1,103 | 60% | $50,424 |
| Pell Grants | 427 | 23% | $4,733 |
| Federal Student Loans | 305 | 17% | $5,056 |
Beginning Students Financial Aid
For academic year 2017-2018, total 312 students (66% of all freshmen) have received any financial aid and 277 students (59% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. Below table shows the number and amount by source of financial aid at Amherst College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 312 | 66% | - |
| Grants or Scholarship from All Sources | 266 | 56% | $52,025 |
| Federal Grants | 93 | 20% | $5,371 |
| Pell Grants | 93 | 20% | $4,769 |
| Other Federal Grants | 56 | 12% | $1,000 |
| State/Local Grants | 16 | 3% | $2,822 |
| Institutional Grants | 265 | 56% | $50,166 |
| Student Loans | 90 | 19% | $5,626 |
| Federal Student Loans | 78 | 17% | $4,667 |
| Other Student Loans | 19 | 4% | $7,490 |