Scholarships, Grants, and Loan Trends at Davidson

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,288, which is 70.00 % of all undergraduate students. 350 students which is 19.22% of undergraduate students received federal student loans and the average loan amount is $5,931.
For full-time, first-time beginning students (freshmen), 64.22% of students received grants or scholarships and 18% 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 Davidson College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,288, which is 70.00 % of all undergraduate students. 350 students which is 19.22% of undergraduate students received federal student loans and the average loan amount is $5,931.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,169 (65%)$31,441240 (13%)$4,068359 (20%)$5,860
2014-151,179 (67%)$34,730258 (15%)$4,191392 (22%)$5,825
2015-161,217 (68%)$33,519279 (16%)$4,355418 (23%)$5,846
2016-171,285 (72%)$36,503275 (15%)$4,257410 (23%)$5,899
2017-181,350 (75%)$39,122308 (17%)$4,444413 (23%)$5,886
2018-191,374 (75%)$39,494297 (16%)$4,484392 (21%)$5,869
2019-201,347 (73%)$42,045298 (16%)$4,572341 (19%)$6,029
2020-211,344 (68%)$44,825295 (15%)$4,954229 (12%)$6,095
2021-221,323 (67%)$45,583304 (15%)$5,033195 (10%)$6,067
Average1,288 (70.00%)$38,585284 (15.33%)$4,484350 (19.22%)$5,931

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

For the last 10 years, on average, 331 (64.22 % of students) received grants or scholarships and its average amount is $40,226. It can cover 66.99% of tuition & fees ($60,050).
In addition, 91 (17.89 % of students) students get helped from the students loans (average amount : $7,602).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14288 (60%)$35,00190 (19%)$7,119
2014-15313 (62%)$38,056112 (22%)$5,584
2015-16335 (66%)$35,115120 (24%)$6,029
2016-17331 (64%)$36,359112 (22%)$6,042
2017-18328 (63%)$40,113104 (20%)$6,370
2018-19348 (68%)$40,88086 (17%)$8,086
2019-20347 (66%)$42,12983 (16%)$10,084
2020-21335 (64%)$47,88959 (11%)$10,684
2021-22354 (65%)$46,49657 (10%)$8,422
Average331 (64.22%)$40,22691 (17.89%)$7,602
*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, 77 (14.89 % of students) received Pell (federal) grants and its average amount is $4,555.
In addition, 33 students received State/local government grants/scholarships (6.22 % 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
2013-1463 (13%)$4,27115 (3%)$6,53729 (6%)$4,148288 (60%)$33,308
2014-1585 (17%)$4,2034 (1%)$19,05435 (7%)$5,057310 (62%)$36,455
2015-1670 (14%)$4,74412 (2%)$11,18637 (7%)$4,043332 (65%)$33,577
2016-1766 (13%)$4,35818 (4%)$3,83729 (6%)$5,040330 (64%)$34,946
2017-1886 (17%)$4,41429 (6%)$4,00027 (5%)$5,798328 (63%)$38,125
2018-1979 (15%)$4,58915 (3%)$3,86733 (6%)$5,054344 (67%)$39,648
2019-2076 (14%)$4,04916 (3%)$3,50017 (3%)$5,974347 (66%)$40,788
2020-2179 (15%)$5,477148 (28%)$1,90554 (10%)$4,567334 (64%)$45,154
2021-2289 (16%)$4,8889 (2%)$4,00032 (6%)$6,832354 (65%)$44,548
Average77 (14.89%)$4,55530 (5.78%)$6,43233 (6.22%)$5,168330 (64.00%)$38,505
*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, 91 (17.89 % of students) get any students loan help and its average loan amount is $91.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1490 (19%)$7,11985 (18%)$5,0427 (1%)$30,309
2014-15112 (22%)$5,584112 (22%)$4,8445 (1%)$16,571
2015-16120 (24%)$6,029116 (23%)$5,0079 (2%)$15,855
2016-17112 (22%)$6,042109 (21%)$5,0129 (2%)$14,491
2017-18104 (20%)$6,370103 (20%)$4,78611 (2%)$15,408
2018-1986 (17%)$8,08681 (16%)$4,8569 (2%)$33,562
2019-2083 (16%)$10,08477 (15%)$5,03715 (3%)$29,943
2020-2159 (11%)$10,68452 (10%)$5,09511 (2%)$33,219
2021-2257 (10%)$8,42253 (10%)$5,1089 (2%)$23,260
Average91 (17.89%)$7,60288 (17.22%)$4,9769 (1.89%)$23,624
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