For the academic year 2022-2023, total 283 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 1,204 students (99% of all students) received grants or scholarships and the average grant amount is $32,186. In addition, 624 students received student loans and the average loan amount is $6,588.
Below tables show the number and amount by source of financial aid at Austin College.
For all undergraduate students, total 1,204 students (99% of all students) received grants or scholarships and the average grant amount is $32,186. In addition, 624 students received student loans and the average loan amount is $6,588.
Below tables show the number and amount by source of financial aid at Austin College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,204 | 99% | $32,186 |
| Pell Grants | 376 | 31% | $4,962 |
| Federal Student Loans | 624 | 51% | $6,588 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 283 | 100% | - |
| Grants or Scholarship from All Sources | 283 | 100% | $33,033 |
| Federal Grants | 90 | 32% | $5,373 |
| Pell Grants | 89 | 31% | $4,807 |
| Other Federal Grants | 55 | 19% | $1,014 |
| State/Local Grants | 123 | 43% | $3,305 |
| Institutional Grants | 283 | 100% | $29,887 |
| Student Loans | 156 | 55% | $8,486 |
| Federal Student Loans | 155 | 55% | $5,296 |
| Other Student Loans | 29 | 10% | $17,345 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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