Scholarships, Grants, and Loan Trends at Gordon

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,557, which is 97.78 % of all undergraduate students. 1,031 students which is 64.44% of undergraduate students received federal student loans and the average loan amount is $7,264.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 78% 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 Gordon College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,557, which is 97.78 % of all undergraduate students. 1,031 students which is 64.44% of undergraduate students received federal student loans and the average loan amount is $7,264.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,656 (97%)$16,103380 (22%)$4,1371,185 (69%)$6,987
2014-151,707 (98%)$17,173383 (22%)$4,0921,208 (69%)$10,282
2015-161,670 (99%)$18,271392 (23%)$4,1601,154 (68%)$6,626
2016-171,626 (98%)$18,968362 (22%)$4,116998 (60%)$6,945
2017-181,562 (98%)$20,336375 (24%)$4,2731,017 (64%)$6,956
2018-191,596 (99%)$21,519360 (22%)$4,3821,032 (64%)$6,405
2019-201,457 (97%)$22,284309 (21%)$4,727968 (64%)$6,039
2020-211,420 (98%)$24,197343 (24%)$4,607936 (65%)$8,764
2021-221,320 (96%)$15,071292 (21%)$4,561778 (57%)$6,370
Average1,557 (97.78%)$19,325355 (22.33%)$4,3391,031 (64.44%)$7,264

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

For the last 10 years, on average, 402 (100.00 % of students) received grants or scholarships and its average amount is $19,677. It can cover 70.02% of tuition & fees ($28,100).
In addition, 315 (78.00 % of students) students get helped from the students loans (average amount : $7,773).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14475 (100%)$15,210370 (78%)$7,708
2014-15400 (100%)$17,969270 (68%)$9,714
2015-16436 (100%)$18,344358 (82%)$7,297
2016-17422 (100%)$17,558335 (79%)$7,964
2017-18415 (100%)$20,725330 (80%)$8,400
2018-19428 (100%)$21,407366 (85%)$7,184
2019-20354 (100%)$24,332268 (75%)$7,518
2020-21373 (100%)$26,364299 (80%)$8,524
2021-22314 (100%)$15,181235 (75%)$5,652
Average402 (100.00%)$19,677315 (78.00%)$7,773
*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, 97 (24.11 % of students) received Pell (federal) grants and its average amount is $4,360.
In addition, 47 students received State/local government grants/scholarships (11.78 % 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
2013-1495 (20%)$4,26860 (13%)$76457 (12%)$1,534460 (96%)$14,535
2014-1589 (22%)$4,20952 (13%)$1,23548 (12%)$1,584400 (100%)$16,682
2015-16111 (25%)$4,29772 (16%)$95446 (11%)$2,133424 (97%)$17,345
2016-1794 (22%)$3,92656 (13%)$89245 (11%)$2,177422 (100%)$16,333
2017-18105 (25%)$4,32599 (24%)$80957 (14%)$1,965404 (97%)$19,689
2018-19112 (26%)$4,204--47 (11%)$2,305410 (96%)$20,934
2019-2080 (23%)$4,6964 (1%)$3,75836 (10%)$2,772354 (100%)$22,946
2020-21117 (31%)$4,7486 (2%)$1,36351 (14%)$2,595373 (100%)$24,498
2021-2271 (23%)$4,56711 (4%)$2,14334 (11%)$2,178314 (100%)$13,837
Average97 (24.11%)$4,36045 (10.75%)$1,49047 (11.78%)$2,138396 (98.44%)$18,533
*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, 315 (78.00 % of students) get any students loan help and its average loan amount is $315.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14370 (78%)$7,708328 (69%)$5,73170 (15%)$13,888
2014-15270 (68%)$9,714270 (68%)$5,80664 (16%)$16,488
2015-16358 (82%)$7,297299 (68%)$5,55561 (14%)$15,597
2016-17335 (79%)$7,964269 (64%)$5,60872 (17%)$16,102
2017-18330 (80%)$8,400301 (73%)$5,54964 (15%)$17,213
2018-19366 (85%)$7,184298 (69%)$5,48469 (16%)$14,425
2019-20268 (75%)$7,518240 (68%)$4,73356 (16%)$15,693
2020-21299 (80%)$8,524254 (68%)$7,14450 (13%)$14,683
2021-22235 (75%)$5,652162 (52%)$5,27973 (23%)$6,481
Average315 (78.00%)$7,773269 (66.56%)$5,65464 (16.11%)$14,508
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