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What is the average loan amount at inst?

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For the academic year 2022-2023, total 39 full-time, first-time students (9% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 173 students (10% of all students) have received federal student loans and the average loan amount is $5,956 at Swarthmore College.

Below tables show the number and amount by source of financial aid at Swarthmore College.
All Undergraduate Student Financial Aid at Swarthmore College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid99859%$51,095
Pell Grants32819%$5,106
Federal Student Loans17310%$5,956
Beginning Students (Freshmen) Financial Aid at Swarthmore College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid30868%-
Grants or Scholarship from All Sources28663%$47,703
Federal Grants19844%$4,021
Pell Grants8719%$5,412
Other Federal Grants17238%$1,891
State/Local Grants112%$4,015
Institutional Grants24253%$52,904
Student Loans399%$7,705
Federal Student Loans337%$4,766
Other Student Loans72%$20,461

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