Scholarships, Grants, and Loan Trends at Austin

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,240, which is 99.00 % of all undergraduate students. 785 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $6,914.
For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 68% 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 Austin College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,240, which is 99.00 % of all undergraduate students. 785 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $6,914.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,178 (98%)$20,919346 (29%)$4,438915 (76%)$7,715
2014-151,252 (98%)$23,561348 (27%)$4,262960 (75%)$7,589
2015-161,234 (98%)$25,446351 (28%)$4,287922 (73%)$7,304
2016-171,266 (99%)$27,534397 (31%)$4,390924 (72%)$6,965
2017-181,202 (99%)$29,187399 (33%)$4,610662 (55%)$6,822
2018-191,274 (100%)$30,776430 (34%)$4,753693 (54%)$6,414
2019-201,272 (100%)$32,227424 (33%)$4,862687 (54%)$6,445
2020-211,282 (100%)$31,488423 (33%)$4,908675 (53%)$6,381
2021-221,204 (99%)$32,186376 (31%)$4,962624 (51%)$6,588
Average1,240 (99.00%)$28,147388 (31.00%)$4,608785 (62.56%)$6,914

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

For the last 10 years, on average, 353 (99.78 % of students) received grants or scholarships and its average amount is $29,696. It can cover 64.47% of tuition & fees ($46,063).
In addition, 242 (68.11 % of students) students get helped from the students loans (average amount : $8,298).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14359 (99%)$25,505298 (82%)$7,748
2014-15354 (99%)$25,121290 (81%)$8,117
2015-16354 (100%)$27,095299 (84%)$8,167
2016-17345 (100%)$29,820295 (86%)$8,111
2017-18332 (100%)$30,414187 (56%)$7,934
2018-19435 (100%)$30,830239 (55%)$7,994
2019-20378 (100%)$33,012220 (58%)$9,305
2020-21339 (100%)$32,430190 (56%)$8,820
2021-22283 (100%)$33,033156 (55%)$8,486
Average353 (99.78%)$29,696242 (68.11%)$8,298
*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, 116 (32.78 % of students) received Pell (federal) grants and its average amount is $4,537.
In addition, 159 students received State/local government grants/scholarships (44.78 % 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
2013-14115 (32%)$4,333110 (30%)$1,002176 (48%)$3,446359 (99%)$22,120
2014-1594 (26%)$4,08774 (21%)$990144 (40%)$3,347354 (99%)$22,467
2015-16107 (30%)$4,38489 (25%)$961167 (47%)$3,422354 (100%)$23,914
2016-17127 (37%)$4,515118 (34%)$1,006155 (45%)$3,575345 (100%)$26,208
2017-18126 (38%)$4,43395 (29%)$1,019153 (46%)$3,437332 (100%)$26,856
2018-19139 (32%)$4,658116 (27%)$1,056198 (46%)$3,369435 (100%)$27,527
2019-20139 (37%)$5,002300 (79%)$1,256157 (42%)$3,434378 (100%)$28,749
2020-21109 (32%)$4,618323 (95%)$914156 (46%)$3,300337 (99%)$28,725
2021-2289 (31%)$4,80755 (19%)$1,014123 (43%)$3,305283 (100%)$29,887
Average116 (32.78%)$4,537142 (39.89%)$1,024159 (44.78%)$3,404353 (99.67%)$26,273
*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, 242 (68.11 % of students) get any students loan help and its average loan amount is $242.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14298 (82%)$7,748297 (82%)$6,95222 (6%)$11,101
2014-15290 (81%)$8,117289 (81%)$6,95031 (9%)$11,141
2015-16299 (84%)$8,167299 (84%)$7,08022 (6%)$14,784
2016-17295 (86%)$8,111295 (86%)$5,62945 (13%)$16,270
2017-18187 (56%)$7,934183 (55%)$5,51538 (11%)$12,488
2018-19239 (55%)$7,994238 (55%)$5,31546 (11%)$14,032
2019-20220 (58%)$9,305217 (57%)$5,26356 (15%)$16,161
2020-21190 (56%)$8,820184 (54%)$5,24544 (13%)$16,153
2021-22156 (55%)$8,486155 (55%)$5,29629 (10%)$17,345
Average242 (68.11%)$8,298240 (67.67%)$5,91637 (10.44%)$14,386
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