How Beloit's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Beloit College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,141, which is 95.00 % of all undergraduate students. 673 students which is 56.11% of undergraduate students received federal student loans and the average loan amount is $6,537.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,209 (93%)	$24,371	288 (22%)	$4,260	778 (60%)	$6,719
2014-15	1,180 (96%)	$25,460	288 (24%)	$4,216	734 (60%)	$7,055
2015-16	1,238 (97%)	$27,842	308 (24%)	$4,244	742 (58%)	$6,844
2016-17	1,266 (96%)	$28,593	298 (23%)	$4,562	703 (54%)	$6,737
2017-18	1,287 (97%)	$30,136	330 (25%)	$4,558	755 (57%)	$6,429
2018-19	1,180 (97%)	$32,809	330 (27%)	$4,670	673 (56%)	$6,315
2019-20	1,049 (92%)	$35,494	306 (27%)	$4,614	593 (52%)	$6,289
2020-21	921 (94%)	$42,431	273 (28%)	$4,841	500 (51%)	$6,347
2021-22	936 (93%)	$44,610	309 (31%)	$4,812	575 (57%)	$6,100
Average	1,141 (95.00%)	$32,416	303 (25.67%)	$4,531	673 (56.11%)	$6,537

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

Overview

For the last 10 years, on average, 298 (99.56 % of students) received grants or scholarships and its average amount is $34,802. It can cover 59.44% of tuition & fees ($58,554).

In addition, 187 (63.11 % of students) students get helped from the students loans (average amount : $7,472).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	295 (99%)	$26,151	190 (64%)	$7,029
2014-15	295 (99%)	$25,055	154 (52%)	$7,256
2015-16	389 (99%)	$29,403	243 (62%)	$7,811
2016-17	382 (100%)	$30,344	196 (51%)	$7,792
2017-18	322 (100%)	$33,331	210 (65%)	$7,643
2018-19	266 (100%)	$36,958	183 (69%)	$7,857
2019-20	259 (100%)	$38,952	173 (67%)	$7,485
2020-21	185 (99%)	$46,297	118 (63%)	$7,483
2021-22	290 (100%)	$46,725	218 (75%)	$6,892
Average	298 (99.56%)	$34,802	187 (63.11%)	$7,472

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 89 (30.22 % of students) received Pell (federal) grants and its average amount is $4,591.

In addition, 29 students received State/local government grants/scholarships (10.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	88 (29%)	$4,524	65 (22%)	$742	36 (12%)	$2,998	295 (99%)	$24,272
2014-15	63 (21%)	$4,054	46 (15%)	$609	27 (9%)	$3,009	294 (98%)	$23,900
2015-16	101 (26%)	$4,427	81 (21%)	$1,860	32 (8%)	$2,904	382 (97%)	$28,134
2016-17	97 (25%)	$4,681	79 (21%)	$686	27 (7%)	$3,055	373 (98%)	$29,492
2017-18	100 (31%)	$4,525	75 (23%)	$673	31 (10%)	$3,124	316 (98%)	$32,066
2018-19	97 (36%)	$4,843	97 (36%)	$826	30 (11%)	$3,241	262 (98%)	$35,052
2019-20	80 (31%)	$4,485	77 (30%)	$691	25 (10%)	$3,152	255 (98%)	$37,638
2020-21	69 (37%)	$4,960	123 (66%)	$1,797	28 (15%)	$3,460	185 (99%)	$42,728
2021-22	103 (36%)	$4,816	156 (54%)	$2,197	22 (8%)	$3,622	290 (100%)	$43,558
Average	89 (30.22%)	$4,591	89 (32.00%)	$1,120	29 (10.00%)	$3,174	295 (98.33%)	$32,982

^*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..

Student Loans

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, 187 (63.11 % of students) get any students loan help and its average loan amount is $187.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	190 (64%)	$7,029	189 (63%)	$5,397	27 (9%)	$11,690
2014-15	154 (52%)	$7,256	154 (52%)	$5,819	19 (6%)	$11,649
2015-16	243 (62%)	$7,811	238 (61%)	$5,193	163 (42%)	$4,062
2016-17	196 (51%)	$7,792	185 (48%)	$5,534	118 (31%)	$4,266
2017-18	210 (65%)	$7,643	206 (64%)	$5,032	134 (41%)	$4,242
2018-19	183 (69%)	$7,857	155 (58%)	$5,136	156 (59%)	$4,114
2019-20	173 (67%)	$7,485	152 (59%)	$5,165	132 (51%)	$3,862
2020-21	118 (63%)	$7,483	106 (57%)	$5,238	86 (46%)	$3,810
2021-22	218 (75%)	$6,892	196 (68%)	$4,950	150 (52%)	$3,548
Average	187 (63.11%)	$7,472	176 (58.89%)	$5,274	109 (37.44%)	$5,694

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Scholarships, Grants, and Loan Trends at Beloit

All Undergraduate Students Financial Aid Over Time

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