Number Received Financial Aid (All Undergraduate)
1,460
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$33,281
Number Received Financial Aid (Freshmen)
414
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Randolph-Macon
For the academic year 2023-2024, a total of 1,460 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $33,281. For freshmen (Full-time, first-time degree-seeking undergraduate students), 414 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Randolph-Macon College is $49,466, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,460 students (98% of all students) have received grants or scholarships and the average received aid amount is $33,281. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Randolph-Macon College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,460 | 98% | $33,281 |
| Pell Grants | 301 | 20% | $4,790 |
| Federal Student Loans | 867 | 58% | $6,446 |
Beginning Students Financial Aid
a total of 414 beginning students (100% of all freshmen) have received any financial aid and 414 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Randolph-Macon College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 414 | 100% | - |
| Grants or Scholarship from All Sources | 414 | 100% | $32,348 |
| Federal Grants | 90 | 22% | $5,834 |
| Pell Grants | 90 | 22% | $4,854 |
| Other Federal Grants | 38 | 9% | $2,322 |
| State/Local Grants | 315 | 76% | $4,282 |
| Institutional Grants | 410 | 99% | $28,093 |
| Student Loans | 258 | 62% | $8,009 |
| Federal Student Loans | 252 | 61% | $5,210 |
| Other Student Loans | 43 | 10% | $17,522 |
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