Scholarships, Grants, and Loan Trends at Bates

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 790, which is 43.78 % of all undergraduate students. 395 students which is 21.78% of undergraduate students received federal student loans and the average loan amount is $5,038.
For full-time, first-time beginning students (freshmen), 41.33% of students received grants or scholarships and 20% 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 Bates College since 2013.
For that period, the average number of students who received grants aid/scholarships is 790, which is 43.78 % of all undergraduate students. 395 students which is 21.78% of undergraduate students received federal student loans and the average loan amount is $5,038.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14815 (46%)$37,156209 (12%)$4,406512 (29%)$5,158
2014-15809 (46%)$37,942187 (11%)$4,515501 (28%)$4,964
2015-16800 (45%)$39,027185 (10%)$4,445490 (27%)$4,744
2016-17822 (46%)$40,057192 (11%)$4,418429 (24%)$5,152
2017-18793 (44%)$42,790192 (11%)$4,616395 (22%)$4,978
2018-19800 (44%)$44,395204 (11%)$4,526383 (21%)$4,998
2019-20800 (44%)$46,375204 (11%)$4,649329 (18%)$5,060
2020-21754 (40%)$49,261176 (9%)$5,183269 (14%)$5,148
2021-22714 (39%)$50,877182 (10%)$5,126245 (13%)$5,143
Average790 (43.78%)$43,098192 (10.67%)$4,654395 (21.78%)$5,038

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

For the last 10 years, on average, 210 (41.33 % of students) received grants or scholarships and its average amount is $44,263. It can cover 69.73% of tuition & fees ($63,478).
In addition, 103 (20.22 % of students) students get helped from the students loans (average amount : $7,863).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14238 (48%)$38,938130 (26%)$5,912
2014-15210 (43%)$37,814116 (24%)$6,679
2015-16217 (42%)$40,535129 (25%)$8,298
2016-17212 (43%)$43,238115 (23%)$7,255
2017-18218 (43%)$43,757110 (22%)$7,046
2018-19216 (40%)$44,499103 (19%)$9,881
2019-20205 (41%)$47,66182 (16%)$7,795
2020-21174 (36%)$50,50968 (14%)$9,173
2021-22198 (36%)$51,41472 (13%)$8,728
Average210 (41.33%)$44,263103 (20.22%)$7,863
*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, 50 (9.89 % of students) received Pell (federal) grants and its average amount is $4,806.
In addition, 8 students received State/local government grants/scholarships (1.78 % 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
2013-1464 (13%)$4,536--19 (4%)$771238 (48%)$37,657
2014-1545 (9%)$4,590--8 (2%)$931210 (43%)$36,795
2015-1652 (10%)$4,220--6 (1%)$1,367217 (42%)$39,486
2016-1754 (11%)$4,446--10 (2%)$1,474210 (42%)$42,437
2017-1854 (11%)$4,702--3 (1%)$1,500218 (43%)$42,572
2018-1947 (9%)$4,625--9 (2%)$1,583216 (40%)$43,427
2019-2047 (9%)$5,033108 (22%)$1,09010 (2%)$1,580205 (41%)$45,856
2020-2139 (8%)$5,369124 (26%)$1,4884 (1%)$1,500174 (36%)$48,211
2021-2251 (9%)$5,735143 (26%)$1,4337 (1%)$2,286198 (36%)$48,821
Average50 (9.89%)$4,806125 (24.67%)$1,3378 (1.78%)$1,444210 (41.22%)$42,807
*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, 103 (20.22 % of students) get any students loan help and its average loan amount is $103.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14130 (26%)$5,912129 (26%)$4,43410 (2%)$19,649
2014-15116 (24%)$6,679109 (22%)$4,11315 (3%)$21,765
2015-16129 (25%)$8,298118 (23%)$3,84823 (4%)$26,798
2016-17115 (23%)$7,255106 (21%)$4,01421 (4%)$19,469
2017-18110 (22%)$7,04696 (19%)$3,92018 (4%)$22,149
2018-19103 (19%)$9,88195 (17%)$4,06524 (4%)$26,315
2019-2082 (16%)$7,79575 (15%)$4,29315 (3%)$21,147
2020-2168 (14%)$9,17358 (12%)$4,18216 (3%)$23,825
2021-2272 (13%)$8,72865 (12%)$4,32611 (2%)$31,569
Average103 (20.22%)$7,86395 (18.56%)$4,13317 (3.22%)$23,632
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