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What is the average loan amount at Roanoke College?

For the academic year 2022-2023, total 328 full-time, first-time students (71% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,228 students (66% of all students) have received federal student loans and the average loan amount is $6,717 at Roanoke College.

Below tables show the number and amount by source of financial aid at Roanoke College.
All Undergraduate Student Financial Aid at Roanoke College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,84099%$32,295
Pell Grants47926%$4,853
Federal Student Loans1,22866%$6,717
Beginning Students (Freshmen) Financial Aid at Roanoke College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid465100%-
Grants or Scholarship from All Sources465100%$36,176
Federal Grants12727%$5,870
Pell Grants12727%$5,305
Other Federal Grants12026%$598
State/Local Grants23651%$3,962
Institutional Grants464100%$32,633
Student Loans32871%$8,696
Federal Student Loans32169%$5,804
Other Student Loans5712%$17,354

Know more about Roanoke

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