Number Received Financial Aid (All Undergraduate)
2,926
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$38,296
Number Received Financial Aid (Freshmen)
751
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at St Olaf
For the academic year 2021-2022, a total of 2,926 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $38,296. For freshmen (Full-time, first-time degree-seeking undergraduate students), 751 students (99% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at St Olaf College is $56,970, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,926 students (98% of all students) have received grants or scholarships and the average received aid amount is $38,296. 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 | 2,926 | 98% | $38,296 |
| Pell Grants | 598 | 20% | $4,946 |
| Federal Student Loans | 1,353 | 45% | $6,107 |
Beginning Students Financial Aid
a total of 751 beginning students (99% of all freshmen) have received any financial aid and 751 students (99% 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 | 751 | 99% | - |
| Grants or Scholarship from All Sources | 751 | 99% | $40,399 |
| Federal Grants | 167 | 22% | $6,735 |
| Pell Grants | 167 | 22% | $5,923 |
| Other Federal Grants | 52 | 7% | $2,610 |
| State/Local Grants | 117 | 15% | $6,169 |
| Institutional Grants | 751 | 99% | $37,940 |
| Student Loans | 345 | 46% | $6,527 |
| Federal Student Loans | 324 | 43% | $5,005 |
| Other Student Loans | 56 | 7% | $11,257 |
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