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What is the average loan amount at Olivet College?

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For the academic year 2022-2023, total 175 full-time, first-time students (85% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 661 students (78% of all students) have received federal student loans and the average loan amount is $6,455 at Olivet College.

Below tables show the number and amount by source of financial aid at Olivet College.
All Undergraduate Student Financial Aid at Olivet College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid81396%$22,766
Pell Grants38745%$5,027
Federal Student Loans66178%$6,455
Beginning Students (Freshmen) Financial Aid at Olivet College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid207100%-
Grants or Scholarship from All Sources207100%$23,361
Federal Grants18589%$3,044
Pell Grants11254%$4,475
Other Federal Grants11254%$553
State/Local Grants10852%$2,489
Institutional Grants207100%$19,342
Student Loans17585%$7,545
Federal Student Loans17585%$5,303
Other Student Loans3316%$11,889
see more grants, scholarship, student loans, and other financial aid stats

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