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What is the average loan amount at Grinnell College?

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For the academic year 2022-2023, total 69 full-time, first-time students (15% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 224 students (13% of all students) have received federal student loans and the average loan amount is $4,939 at Grinnell College.

Below tables show the number and amount by source of financial aid at Grinnell College.
All Undergraduate Student Financial Aid at Grinnell College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,55189%$43,476
Pell Grants30417%$4,929
Federal Student Loans22413%$4,939
Beginning Students (Freshmen) Financial Aid at Grinnell College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid43091%-
Grants or Scholarship from All Sources42991%$42,231
Federal Grants7917%$7,134
Pell Grants7917%$5,043
Other Federal Grants429%$3,933
State/Local Grants112%$6,547
Institutional Grants42991%$40,749
Student Loans6915%$7,707
Federal Student Loans6414%$4,881
Other Student Loans214%$10,449

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