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What is the average financial aid amount at Spelman College?

For the academic year 2022-2023, total 794 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,906 students (79% of all students) received grants or scholarships and the average grant amount is $13,030. In addition, 1,864 students received student loans and the average loan amount is $6,648.

Below tables show the number and amount by source of financial aid at Spelman College.
All Undergraduate Student Financial Aid at Spelman College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,90679%$13,030
Pell Grants1,02642%$5,365
Federal Student Loans1,86477%$6,648
Beginning Students (Freshmen) Financial Aid at Spelman College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid794100%-
Grants or Scholarship from All Sources76797%$10,629
Federal Grants35344%$5,502
Pell Grants35344%$5,315
Other Federal Grants324%$2,063
State/Local Grants16821%$5,181
Institutional Grants76196%$7,017
Student Loans68286%$7,997
Federal Student Loans66384%$5,763
Other Student Loans577%$28,647

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