univstats

What is the average loan amount at inst?

For the academic year 2022-2023, total 156 full-time, first-time students (55% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 624 students (51% of all students) have received federal student loans and the average loan amount is $6,588 at Austin College.

Below tables show the number and amount by source of financial aid at Austin College.
All Undergraduate Student Financial Aid at Austin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,20499%$32,186
Pell Grants37631%$4,962
Federal Student Loans62451%$6,588
Beginning Students (Freshmen) Financial Aid at Austin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid283100%-
Grants or Scholarship from All Sources283100%$33,033
Federal Grants9032%$5,373
Pell Grants8931%$4,807
Other Federal Grants5519%$1,014
State/Local Grants12343%$3,305
Institutional Grants283100%$29,887
Student Loans15655%$8,486
Federal Student Loans15555%$5,296
Other Student Loans2910%$17,345

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