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What is the average loan amount at Springfield College?

For the academic year 2022-2023, total 363 full-time, first-time students (72% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,488 students (72% of all students) have received federal student loans and the average loan amount is $6,355 at Springfield College.

Below tables show the number and amount by source of financial aid at Springfield College.
All Undergraduate Student Financial Aid at Springfield College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,02999%$26,331
Pell Grants46122%$4,620
Federal Student Loans1,48872%$6,355
Beginning Students (Freshmen) Financial Aid at Springfield College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid507100%-
Grants or Scholarship from All Sources507100%$28,376
Federal Grants47794%$2,318
Pell Grants12124%$4,837
Other Federal Grants47794%$1,091
State/Local Grants8216%$2,786
Institutional Grants49998%$26,157
Student Loans36372%$7,690
Federal Student Loans36071%$5,133
Other Student Loans5511%$17,155

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