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What is the average loan amount at Washington and Lee University?

For the academic year 2022-2023, total 88 full-time, first-time students (18% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 275 students (15% of all students) have received federal student loans and the average loan amount is $5,920 at Washington and Lee University.

Below tables show the number and amount by source of financial aid at Washington and Lee University.
All Undergraduate Student Financial Aid at Washington and Lee University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,16163%$50,487
Pell Grants19310%$4,808
Federal Student Loans27515%$5,920
Beginning Students (Freshmen) Financial Aid at Washington and Lee University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32166%-
Grants or Scholarship from All Sources29661%$55,567
Federal Grants6012%$7,119
Pell Grants5912%$4,926
Other Federal Grants5111%$2,677
State/Local Grants8017%$4,206
Institutional Grants27557%$57,034
Student Loans8818%$7,714
Federal Student Loans7616%$5,258
Other Student Loans214%$13,298

Know more about W&L

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