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What is the average loan amount at Loras College?

For the academic year 2022-2023, total 187 full-time, first-time students (63% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 793 students (61% of all students) have received federal student loans and the average loan amount is $6,387 at Loras College.

Below tables show the number and amount by source of financial aid at Loras College.
All Undergraduate Student Financial Aid at Loras College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,293100%$23,265
Pell Grants32225%$4,393
Federal Student Loans79361%$6,387
Beginning Students (Freshmen) Financial Aid at Loras College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid295100%-
Grants or Scholarship from All Sources295100%$25,538
Federal Grants294100%$2,204
Pell Grants6622%$4,414
Other Federal Grants294100%$1,213
State/Local Grants4515%$6,407
Institutional Grants295100%$22,364
Student Loans18763%$8,092
Federal Student Loans18362%$5,243
Other Student Loans8428%$6,591

Know more about Loras

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