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What is the average loan amount at Simpson College?

For the academic year 2022-2023, total 213 full-time, first-time students (74% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 831 students (71% of all students) have received federal student loans and the average loan amount is $6,466 at Simpson College.

Below tables show the number and amount by source of financial aid at Simpson College.
All Undergraduate Student Financial Aid at Simpson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,12996%$33,371
Pell Grants41936%$4,590
Federal Student Loans83171%$6,466
Beginning Students (Freshmen) Financial Aid at Simpson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid287100%-
Grants or Scholarship from All Sources287100%$35,898
Federal Grants17862%$5,395
Pell Grants9633%$4,723
Other Federal Grants17862%$2,848
State/Local Grants11540%$6,605
Institutional Grants28499%$30,221
Student Loans21374%$7,203
Federal Student Loans21274%$5,031
Other Student Loans3512%$13,359

Know more about Simpson

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