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What is the average loan amount at Oberlin College?

For the academic year 2022-2023, total 315 full-time, first-time students (37% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 968 students (33% of all students) have received federal student loans and the average loan amount is $6,255 at Oberlin College.

Below tables show the number and amount by source of financial aid at Oberlin College.
All Undergraduate Student Financial Aid at Oberlin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,71392%$35,509
Pell Grants2719%$4,878
Federal Student Loans96833%$6,255
Beginning Students (Freshmen) Financial Aid at Oberlin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid862100%-
Grants or Scholarship from All Sources84998%$35,040
Federal Grants738%$6,619
Pell Grants738%$4,818
Other Federal Grants678%$1,962
State/Local Grants40%$3,700
Institutional Grants84898%$34,494
Student Loans31537%$5,013
Federal Student Loans27131%$5,109
Other Student Loans445%$4,420

Know more about Oberlin

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