Scholarships, Grants, and Loan Trends at Goucher

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,295, which is 93.56 % of all undergraduate students. 781 students which is 56.22% of undergraduate students received federal student loans and the average loan amount is $7,110.
For full-time, first-time beginning students (freshmen), 98.44% of students received grants or scholarships and 65% 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 Goucher College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,295, which is 93.56 % of all undergraduate students. 781 students which is 56.22% of undergraduate students received federal student loans and the average loan amount is $7,110.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,278 (88%)$22,500362 (25%)$4,316948 (65%)$6,870
2014-151,329 (90%)$24,013367 (25%)$4,394815 (55%)$6,964
2015-161,384 (94%)$25,716362 (25%)$4,369816 (55%)$6,514
2016-171,409 (96%)$27,163378 (26%)$4,289819 (56%)$6,470
2017-181,408 (97%)$28,997385 (26%)$4,586787 (54%)$6,404
2018-191,399 (92%)$29,904436 (29%)$4,702843 (55%)$10,244
2019-201,335 (92%)$32,581436 (30%)$4,855805 (56%)$6,281
2020-211,070 (96%)$28,911363 (33%)$4,939614 (55%)$7,940
2021-221,040 (97%)$34,175313 (29%)$4,862584 (55%)$6,306
Average1,295 (93.56%)$28,218378 (27.56%)$4,590781 (56.22%)$7,110

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

For the last 10 years, on average, 364 (98.44 % of students) received grants or scholarships and its average amount is $29,347. It can cover 57.26% of tuition & fees ($51,250).
In addition, 236 (64.89 % of students) students get helped from the students loans (average amount : $7,504).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14392 (98%)$22,690310 (77%)$6,658
2014-15387 (96%)$24,409240 (60%)$7,265
2015-16386 (99%)$24,579218 (56%)$6,654
2016-17440 (100%)$29,040266 (60%)$7,563
2017-18417 (99%)$30,104253 (60%)$7,303
2018-19431 (100%)$31,802266 (62%)$10,001
2019-20338 (100%)$34,000220 (65%)$7,043
2020-21219 (94%)$32,314195 (84%)$7,014
2021-22262 (100%)$35,187157 (60%)$8,035
Average364 (98.44%)$29,347236 (64.89%)$7,504
*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, 106 (29.33 % of students) received Pell (federal) grants and its average amount is $4,609.
In addition, 50 students received State/local government grants/scholarships (14.00 % 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
2013-14107 (27%)$4,32746 (11%)$93033 (8%)$6,973391 (98%)$20,866
2014-1591 (23%)$4,50942 (10%)$98840 (10%)$6,662386 (96%)$22,611
2015-1688 (23%)$4,28635 (9%)$95736 (9%)$7,940386 (99%)$22,774
2016-17132 (30%)$4,58064 (15%)$97356 (13%)$9,579440 (100%)$26,306
2017-18121 (29%)$4,62560 (14%)$1,00055 (13%)$9,871417 (99%)$27,316
2018-19130 (30%)$4,74780 (19%)$93081 (19%)$7,281431 (100%)$28,830
2019-20116 (34%)$4,432137 (41%)$1,68757 (17%)$8,739338 (100%)$30,321
2020-2194 (41%)$5,09474 (32%)$1,12354 (23%)$9,659219 (94%)$27,367
2021-2271 (27%)$4,88255 (21%)$1,04836 (14%)$7,818262 (100%)$32,570
Average106 (29.33%)$4,60966 (19.11%)$1,07150 (14.00%)$8,280363 (98.44%)$26,551
*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, 236 (64.89 % of students) get any students loan help and its average loan amount is $236.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14310 (77%)$6,658308 (77%)$5,71718 (4%)$16,840
2014-15240 (60%)$7,265235 (58%)$6,01522 (5%)$15,010
2015-16218 (56%)$6,654214 (55%)$5,28722 (6%)$14,506
2016-17266 (60%)$7,563262 (60%)$5,18439 (9%)$16,763
2017-18253 (60%)$7,303251 (60%)$5,49228 (7%)$16,761
2018-19266 (62%)$10,001264 (61%)$8,53827 (6%)$15,039
2019-20220 (65%)$7,043219 (65%)$5,27730 (9%)$13,128
2020-21195 (84%)$7,014193 (83%)$6,05513 (6%)$15,321
2021-22157 (60%)$8,035154 (59%)$5,08128 (11%)$17,108
Average236 (64.89%)$7,504233 (64.22%)$5,85025 (7.00%)$15,608
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