Scholarships, Grants, and Loan Trends at C of the Albemarle

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,085, which is 44.44 % of all undergraduate students.
For full-time, first-time beginning students (freshmen), 67.33% of students received grants or scholarships and 1% 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 College of the Albemarle since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,085, which is 44.44 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,233 (48%)$4,9401,041 (40%)$4,699--
2014-151,090 (44%)$4,962918 (37%)$4,827--
2015-16883 (38%)$4,985708 (31%)$4,757--
2016-17883 (38%)$4,993687 (30%)$4,789--
2017-18832 (34%)$5,499641 (26%)$5,587--
2018-19772 (31%)$5,509566 (23%)$5,289--
2019-20761 (30%)$6,028562 (22%)$5,608--
2020-212,428 (99%)$2,346504 (21%)$5,589--
2021-22881 (38%)$5,982477 (20%)$8,096--
Average1,085 (44.44%)$5,027678 (27.78%)$5,471--

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

For the last 10 years, on average, 145 (67.33 % of students) received grants or scholarships and its average amount is $5,592. It can cover 77.43% of tuition & fees ($7,222) based on out-of-state rate.
In addition, 2 (1.00 % of students) students get helped from the students loans (average amount : $7,659).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14271 (69%)$4,9843 (1%)$11,486
2014-15192 (64%)$4,9433 (1%)$10,833
2015-16148 (62%)$5,0791 (0%)$9,500
2016-17129 (72%)$5,1781 (1%)$6,000
2017-18110 (58%)$5,5391 (1%)$5,796
2018-1985 (53%)$5,778--
2019-2071 (61%)$6,7721 (1%)$2,500
2020-21188 (99%)$4,532--
2021-22115 (68%)$7,5221 (1%)$7,500
Average145 (67.33%)$5,5922 (1.00%)$7,659
*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, 113 (50.22 % of students) received Pell (federal) grants and its average amount is $5,650.
In addition, 52 students received State/local government grants/scholarships (25.89 % 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
2013-14244 (62%)$4,86034 (9%)$38272 (18%)$1,75428 (7%)$908
2014-15167 (55%)$4,95320 (7%)$40555 (18%)$1,63326 (9%)$921
2015-16126 (53%)$4,95235 (15%)$35551 (21%)$1,67724 (10%)$1,246
2016-17110 (61%)$4,95827 (15%)$35754 (30%)$1,65419 (11%)$1,240
2017-1887 (46%)$5,48617 (9%)$35341 (22%)$2,17228 (15%)$1,318
2018-1969 (43%)$5,61316 (10%)$29734 (21%)$2,01223 (14%)$1,336
2019-2053 (45%)$6,01731 (26%)$1,03932 (27%)$2,84225 (21%)$1,552
2020-2184 (44%)$5,711188 (99%)$97552 (28%)$2,37152 (28%)$1,264
2021-2273 (43%)$8,29952 (31%)$39380 (48%)$1,80046 (27%)$2,061
Average113 (50.22%)$5,65047 (24.56%)$50652 (25.89%)$1,99130 (15.78%)$1,316
*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, 2 (1.00 % of students) get any students loan help and its average loan amount is $2.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143 (1%)$11,486--3 (1%)$11,486
2014-153 (1%)$10,833--3 (1%)$10,833
2015-161 (0%)$9,500--1 (0%)$9,500
2016-171 (1%)$6,000--1 (1%)$6,000
2017-181 (1%)$5,796--1 (1%)$5,796
2018-19------
2019-201 (1%)$2,500--1 (1%)$2,500
2020-21------
2021-221 (1%)$7,500--1 (1%)$7,500
Average2 (1.00%)$7,659--2 (1.00%)$7,659
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