Scholarships, Grants, and Loan Trends at Albright

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,780, which is 90.22 % of all undergraduate students. 1,679 students which is 84.67% of undergraduate students received federal student loans and the average loan amount is $7,608.
For full-time, first-time beginning students (freshmen), 98.22% of students received grants or scholarships and 85% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Albright College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,780, which is 90.22 % of all undergraduate students. 1,679 students which is 84.67% of undergraduate students received federal student loans and the average loan amount is $7,608.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,038 (87%)$20,9171,083 (46%)$4,0132,111 (90%)$8,075
2014-152,013 (85%)$21,8611,045 (44%)$4,2152,137 (91%)$7,638
2015-162,038 (91%)$23,512979 (44%)$4,3061,832 (82%)$8,052
2016-172,155 (94%)$25,7811,026 (45%)$4,2651,903 (83%)$7,966
2017-181,857 (92%)$27,450996 (49%)$4,2731,705 (85%)$7,177
2018-191,773 (93%)$32,416998 (52%)$4,3141,657 (87%)$6,816
2019-201,453 (85%)$15,466885 (52%)$4,5851,409 (82%)$6,897
2020-211,370 (89%)$17,867763 (50%)$4,8941,229 (80%)$9,184
2021-221,319 (96%)$19,896707 (51%)$4,9691,129 (82%)$6,668
Average1,780 (90.22%)$22,796942 (48.11%)$4,4261,679 (84.67%)$7,608

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 481 (98.22 % of students) received grants or scholarships and its average amount is $27,449. It can cover 95.33% of tuition & fees ($28,794).
In addition, 419 (85.44 % of students) students get helped from the students loans (average amount : $8,904).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14649 (99%)$26,773558 (85%)$10,005
2014-15534 (99%)$26,463472 (87%)$10,776
2015-16479 (97%)$27,914418 (85%)$9,249
2016-17596 (100%)$30,580519 (87%)$8,659
2017-18453 (98%)$33,694416 (90%)$8,851
2018-19571 (99%)$39,796510 (89%)$7,814
2019-20366 (97%)$20,674310 (82%)$7,880
2020-21336 (95%)$19,724283 (80%)$10,105
2021-22342 (100%)$21,420287 (84%)$6,795
Average481 (98.22%)$27,449419 (85.44%)$8,904
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 260 (54.00 % of students) received Pell (federal) grants and its average amount is $4,658.
In addition, 185 students received State/local government grants/scholarships (37.78 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14326 (50%)$4,401282 (43%)$1,816257 (39%)$3,654631 (96%)$22,963
2014-15258 (48%)$4,269232 (43%)$1,838214 (40%)$3,323518 (96%)$22,958
2015-16232 (47%)$4,349101 (20%)$2,081180 (37%)$3,620479 (97%)$24,009
2016-17313 (53%)$4,28188 (15%)$2,824206 (35%)$3,764586 (98%)$27,068
2017-18241 (52%)$5,39058 (13%)$3,519170 (37%)$3,748449 (97%)$29,228
2018-19329 (57%)$4,60679 (14%)$3,449235 (41%)$3,454571 (99%)$35,243
2019-20234 (62%)$4,62090 (24%)$1,882161 (42%)$3,345366 (97%)$15,786
2020-21197 (56%)$5,113186 (53%)$539117 (33%)$4,030334 (95%)$15,115
2021-22208 (61%)$4,896207 (61%)$592123 (36%)$4,248342 (100%)$16,557
Average260 (54.00%)$4,658147 (31.78%)$2,060185 (37.78%)$3,687475 (97.22%)$23,214
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 419 (85.44 % of students) get any students loan help and its average loan amount is $419.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14558 (85%)$10,005558 (85%)$8,33178 (12%)$11,977
2014-15472 (87%)$10,776469 (87%)$8,75778 (14%)$12,553
2015-16418 (85%)$9,249414 (84%)$7,15465 (13%)$13,909
2016-17519 (87%)$8,659517 (87%)$7,04373 (12%)$11,684
2017-18416 (90%)$8,851415 (89%)$7,01466 (14%)$11,689
2018-19510 (89%)$7,814510 (89%)$5,79280 (14%)$12,889
2019-20310 (82%)$7,880310 (82%)$5,62052 (14%)$13,477
2020-21283 (80%)$10,105283 (80%)$7,92140 (11%)$15,455
2021-22287 (84%)$6,795286 (84%)$5,30431 (9%)$13,979
Average419 (85.44%)$8,904418 (85.22%)$6,99363 (12.56%)$13,068
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