Number Received Financial Aid (All Undergraduate)
2,992
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$41,303
Number Received Financial Aid (Freshmen)
866
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at St Olaf
For the academic year 2023-2024, a total of 2,992 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $41,303. For freshmen (Full-time, first-time degree-seeking undergraduate students), 866 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at St Olaf College is $59,760, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,992 students (98% of all students) have received grants or scholarships and the average received aid amount is $41,303. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at St Olaf 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 | 2,992 | 98% | $41,303 |
| Pell Grants | 611 | 20% | $5,258 |
| Federal Student Loans | 1,328 | 44% | $6,125 |
Beginning Students Financial Aid
a total of 866 beginning students (100% of all freshmen) have received any financial aid and 866 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 St Olaf College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 866 | 100% | - |
| Grants or Scholarship from All Sources | 866 | 100% | $41,918 |
| Federal Grants | 176 | 20% | $6,119 |
| Pell Grants | 176 | 20% | $5,355 |
| Other Federal Grants | 50 | 6% | $2,691 |
| State/Local Grants | 150 | 17% | $6,263 |
| Institutional Grants | 866 | 100% | $39,589 |
| Student Loans | 374 | 43% | $7,282 |
| Federal Student Loans | 350 | 40% | $5,045 |
| Other Student Loans | 75 | 9% | $12,769 |
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