How Grinnell'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 Grinnell College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,501, which is 88.67 % of all undergraduate students. 622 students which is 36.56% of undergraduate students received federal student loans and the average loan amount is $4,604.

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	1,506 (88%)	$32,080	406 (24%)	$4,323	710 (41%)	$4,344
2014-15	1,512 (87%)	$33,169	385 (22%)	$4,207	734 (42%)	$4,451
2015-16	1,535 (90%)	$32,923	369 (22%)	$4,278	718 (42%)	$4,684
2016-17	1,497 (88%)	$34,094	338 (20%)	$4,281	685 (40%)	$4,921
2017-18	1,446 (84%)	$35,750	321 (19%)	$4,505	678 (40%)	$4,799
2018-19	1,474 (86%)	$37,806	340 (20%)	$4,668	677 (39%)	$4,537
2019-20	1,499 (86%)	$39,285	325 (19%)	$4,715	654 (38%)	$4,275
2020-21	1,486 (100%)	$34,913	300 (20%)	$4,682	514 (34%)	$4,490
2021-22	1,551 (89%)	$43,476	304 (17%)	$4,929	224 (13%)	$4,939
Average	1,501 (88.67%)	$35,944	343 (20.33%)	$4,510	622 (36.56%)	$4,604

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

Overview

For the last 10 years, on average, 392 (90.22 % of students) received grants or scholarships and its average amount is $35,195. It can cover 54.26% of tuition & fees ($64,862).

In addition, 190 (43.89 % of students) students get helped from the students loans (average amount : $5,268).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	393 (93%)	$31,458	194 (46%)	$5,389
2014-15	398 (91%)	$30,448	240 (55%)	$4,538
2015-16	401 (91%)	$31,088	230 (52%)	$4,594
2016-17	357 (86%)	$33,946	184 (45%)	$4,606
2017-18	381 (85%)	$35,006	222 (50%)	$5,229
2018-19	404 (87%)	$38,498	215 (46%)	$4,920
2019-20	402 (88%)	$38,255	204 (44%)	$5,412
2020-21	360 (100%)	$35,821	151 (42%)	$5,018
2021-22	429 (91%)	$42,231	69 (15%)	$7,707
Average	392 (90.22%)	$35,195	190 (43.89%)	$5,268

^*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, 86 (19.89 % of students) received Pell (federal) grants and its average amount is $4,541.

In addition, 15 students received State/local government grants/scholarships (3.44 % 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	104 (25%)	$4,352	13 (3%)	$4,000	24 (6%)	$3,816	393 (93%)	$29,941
2014-15	89 (20%)	$3,933	34 (8%)	$1,248	17 (4%)	$3,721	398 (91%)	$29,303
2015-16	86 (19%)	$4,489	17 (4%)	$3,810	17 (4%)	$5,067	401 (91%)	$29,749
2016-17	80 (19%)	$4,309	9 (2%)	$4,000	18 (4%)	$5,727	356 (86%)	$32,682
2017-18	74 (17%)	$4,620	15 (3%)	$4,000	7 (2%)	$4,986	381 (85%)	$33,860
2018-19	103 (22%)	$4,669	25 (5%)	$4,000	17 (4%)	$5,851	403 (87%)	$36,905
2019-20	83 (18%)	$4,682	19 (4%)	$3,789	10 (2%)	$6,000	402 (88%)	$36,960
2020-21	78 (22%)	$4,769	29 (8%)	$3,819	11 (3%)	$5,900	360 (100%)	$34,300
2021-22	79 (17%)	$5,043	42 (9%)	$3,933	11 (2%)	$6,547	429 (91%)	$40,749
Average	86 (19.89%)	$4,541	23 (5.11%)	$3,622	15 (3.44%)	$5,291	391 (90.22%)	$33,828

^*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, 190 (43.89 % of students) get any students loan help and its average loan amount is $190.

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	194 (46%)	$5,389	168 (40%)	$4,398	57 (13%)	$5,377
2014-15	240 (55%)	$4,538	204 (47%)	$4,069	68 (16%)	$3,807
2015-16	230 (52%)	$4,594	186 (42%)	$3,816	75 (17%)	$4,624
2016-17	184 (45%)	$4,606	163 (39%)	$4,091	44 (11%)	$4,107
2017-18	222 (50%)	$5,229	178 (40%)	$4,005	79 (18%)	$5,671
2018-19	215 (46%)	$4,920	181 (39%)	$3,607	63 (14%)	$6,430
2019-20	204 (44%)	$5,412	169 (37%)	$3,729	70 (15%)	$6,769
2020-21	151 (42%)	$5,018	129 (36%)	$3,952	42 (12%)	$5,903
2021-22	69 (15%)	$7,707	64 (14%)	$4,881	21 (4%)	$10,449
Average	190 (43.89%)	$5,268	160 (37.11%)	$4,061	58 (13.33%)	$5,904

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Scholarships, Grants, and Loan Trends at Grinnell

All Undergraduate Students Financial Aid Over Time

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