Scholarships, Grants, and Loan Trends at Colgate

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,377, which is 46.67 % of all undergraduate students. 633 students which is 21.56% of undergraduate students received federal student loans and the average loan amount is $4,727.
For full-time, first-time beginning students (freshmen), 42.89% of students received grants or scholarships and 21% 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 Colgate University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,377, which is 46.67 % of all undergraduate students. 633 students which is 21.56% of undergraduate students received federal student loans and the average loan amount is $4,727.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,288 (45%)$38,016329 (11%)$4,231767 (27%)$4,765
2014-151,338 (47%)$39,760353 (12%)$4,317779 (27%)$4,707
2015-161,338 (47%)$41,837346 (12%)$4,360782 (27%)$4,601
2016-171,393 (48%)$43,532338 (12%)$4,382695 (24%)$4,688
2017-181,363 (47%)$45,889335 (12%)$4,600682 (24%)$4,592
2018-191,420 (48%)$46,948361 (12%)$4,824663 (22%)$4,552
2019-201,384 (46%)$48,742334 (11%)$4,948605 (20%)$4,487
2020-211,384 (45%)$50,741346 (11%)$5,030374 (12%)$4,948
2021-221,486 (47%)$53,353405 (13%)$5,201354 (11%)$5,199
Average1,377 (46.67%)$45,424350 (11.78%)$4,655633 (21.56%)$4,727

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

For the last 10 years, on average, 338 (42.89 % of students) received grants or scholarships and its average amount is $46,683. It can cover 69.65% of tuition & fees ($67,024).
In addition, 163 (21.00 % of students) students get helped from the students loans (average amount : $7,634).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14318 (42%)$38,401189 (25%)$5,975
2014-15349 (46%)$40,664193 (25%)$5,585
2015-16379 (49%)$42,337215 (28%)$6,953
2016-17319 (42%)$45,108154 (20%)$5,654
2017-18317 (41%)$46,802174 (23%)$6,640
2018-19346 (42%)$48,772184 (23%)$7,289
2019-20331 (42%)$49,701167 (21%)$9,052
2020-21315 (41%)$53,71899 (13%)$12,538
2021-22365 (41%)$54,64794 (11%)$9,018
Average338 (42.89%)$46,683163 (21.00%)$7,634
*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, 92 (11.78 % of students) received Pell (federal) grants and its average amount is $4,751.
In addition, 57 students received State/local government grants/scholarships (7.11 % 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
2013-1474 (10%)$4,40826 (3%)$3,95971 (9%)$2,490315 (42%)$36,844
2014-1598 (13%)$4,41821 (3%)$4,00068 (9%)$2,783347 (45%)$38,863
2015-16113 (15%)$4,38030 (4%)$4,00050 (6%)$2,980377 (49%)$40,535
2016-1769 (9%)$4,14715 (2%)$3,92851 (7%)$2,273319 (42%)$43,663
2017-1878 (10%)$4,71115 (2%)$4,00046 (6%)$2,144316 (41%)$45,286
2018-19106 (13%)$5,10126 (3%)$3,95972 (9%)$4,434342 (42%)$46,527
2019-2078 (10%)$5,229241 (31%)$1,21456 (7%)$2,796327 (42%)$47,688
2020-2196 (13%)$4,973222 (29%)$1,33649 (6%)$3,065311 (41%)$51,438
2021-22115 (13%)$5,396310 (35%)$2,03248 (5%)$2,776361 (41%)$51,420
Average92 (11.78%)$4,751101 (12.44%)$3,15957 (7.11%)$2,860335 (42.78%)$44,696
*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, 163 (21.00 % of students) get any students loan help and its average loan amount is $163.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14189 (25%)$5,975183 (24%)$3,45122 (3%)$22,628
2014-15193 (25%)$5,585185 (24%)$3,33725 (3%)$18,424
2015-16215 (28%)$6,953201 (26%)$3,57035 (5%)$22,211
2016-17154 (20%)$5,654137 (18%)$3,36029 (4%)$14,154
2017-18174 (23%)$6,640160 (21%)$3,69235 (5%)$16,134
2018-19184 (23%)$7,289170 (21%)$3,53136 (4%)$20,580
2019-20167 (21%)$9,052152 (19%)$3,45937 (5%)$26,648
2020-2199 (13%)$12,53881 (11%)$4,25326 (3%)$34,492
2021-2294 (11%)$9,01885 (10%)$4,33718 (2%)$26,614
Average163 (21.00%)$7,634150 (19.33%)$3,66629 (3.78%)$22,432
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