How Elms College'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 College of Our Lady of the Elms since 2013.

For that period, the average number of students who received grants aid/scholarships is 995, which is 83.44 % of all undergraduate students. 947 students which is 79.33% of undergraduate students received federal student loans and the average loan amount is $8,534.

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	1,075 (80%)	$15,250	579 (43%)	$4,170	1,011 (75%)	$10,813
2014-15	1,113 (81%)	$15,714	595 (43%)	$4,193	1,056 (77%)	$8,939
2015-16	1,037 (79%)	$15,914	562 (43%)	$4,173	1,099 (84%)	$8,053
2016-17	985 (83%)	$17,180	530 (45%)	$4,250	942 (79%)	$8,829
2017-18	979 (83%)	$17,572	548 (47%)	$4,783	952 (81%)	$8,600
2018-19	957 (83%)	$17,486	517 (45%)	$4,855	928 (81%)	$8,456
2019-20	978 (87%)	$18,368	495 (44%)	$4,949	942 (84%)	$8,391
2020-21	955 (93%)	$17,076	455 (44%)	$4,988	785 (76%)	$7,592
2021-22	872 (82%)	$19,598	476 (45%)	$4,771	812 (77%)	$7,131
Average	995 (83.44%)	$17,129	529 (44.33%)	$4,570	947 (79.33%)	$8,534

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

Overview

For the last 10 years, on average, 167 (99.33 % of students) received grants or scholarships and its average amount is $23,527. It can cover 55.94% of tuition & fees ($42,061).

In addition, 141 (83.44 % of students) students get helped from the students loans (average amount : $8,696).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	185 (99%)	$19,836	146 (78%)	$8,306
2014-15	186 (99%)	$20,445	182 (97%)	$7,347
2015-16	180 (99%)	$20,671	157 (86%)	$7,955
2016-17	163 (100%)	$23,362	150 (92%)	$7,492
2017-18	173 (100%)	$24,525	161 (93%)	$10,633
2018-19	141 (100%)	$24,944	121 (86%)	$9,585
2019-20	178 (100%)	$24,171	149 (84%)	$8,552
2020-21	120 (99%)	$26,680	92 (76%)	$10,552
2021-22	179 (98%)	$27,109	108 (59%)	$7,844
Average	167 (99.33%)	$23,527	141 (83.44%)	$8,696

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 78 (46.44 % of students) received Pell (federal) grants and its average amount is $4,674.

In addition, 58 students received State/local government grants/scholarships (34.78 % 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	91 (49%)	$4,174	12 (6%)	$792	72 (39%)	$1,999	181 (97%)	$17,328
2014-15	91 (49%)	$4,148	10 (5%)	$950	67 (36%)	$1,692	183 (98%)	$18,046
2015-16	84 (46%)	$4,414	12 (7%)	$917	59 (32%)	$1,998	178 (98%)	$18,096
2016-17	81 (50%)	$4,419	22 (13%)	$834	57 (35%)	$4,423	161 (99%)	$19,749
2017-18	85 (49%)	$4,576	10 (6%)	$900	61 (35%)	$4,010	173 (100%)	$20,811
2018-19	56 (40%)	$5,004	11 (8%)	$1,091	40 (28%)	$2,103	141 (100%)	$22,275
2019-20	69 (39%)	$5,030	41 (23%)	$1,220	50 (28%)	$2,640	178 (100%)	$21,199
2020-21	63 (52%)	$4,946	63 (52%)	$787	58 (48%)	$1,557	120 (99%)	$22,917
2021-22	81 (44%)	$5,354	7 (4%)	$2,286	59 (32%)	$2,966	177 (97%)	$23,887
Average	78 (46.44%)	$4,674	21 (13.78%)	$1,086	58 (34.78%)	$2,599	166 (98.67%)	$20,479

^*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, 141 (83.44 % of students) get any students loan help and its average loan amount is $141.

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	146 (78%)	$8,306	120 (64%)	$7,860	26 (14%)	$10,364
2014-15	182 (97%)	$7,347	164 (88%)	$6,052	28 (15%)	$12,305
2015-16	157 (86%)	$7,955	157 (86%)	$5,582	33 (18%)	$11,288
2016-17	150 (92%)	$7,492	149 (91%)	$5,605	26 (16%)	$11,104
2017-18	161 (93%)	$10,633	161 (93%)	$5,761	57 (33%)	$13,761
2018-19	121 (86%)	$9,585	121 (86%)	$5,575	31 (22%)	$15,655
2019-20	149 (84%)	$8,552	149 (84%)	$5,833	28 (16%)	$14,466
2020-21	92 (76%)	$10,552	92 (76%)	$7,283	19 (16%)	$15,829
2021-22	108 (59%)	$7,844	108 (59%)	$5,031	24 (13%)	$12,659
Average	141 (83.44%)	$8,696	136 (80.78%)	$6,065	30 (18.11%)	$13,048

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Scholarships, Grants, and Loan Trends at Elms College

All Undergraduate Students Financial Aid Over Time

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