How Gustavus Adolphus'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 Gustavus Adolphus College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,219, which is 96.56 % of all undergraduate students. 1,464 students which is 63.67% of undergraduate students received federal student loans and the average loan amount is $6,598.

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	2,390 (98%)	$22,724	621 (25%)	$3,966	1,643 (67%)	$6,748
2014-15	2,368 (96%)	$25,396	617 (25%)	$3,966	1,586 (65%)	$6,737
2015-16	2,288 (96%)	$27,263	578 (24%)	$4,043	1,544 (65%)	$6,572
2016-17	2,192 (97%)	$29,426	548 (24%)	$4,172	1,421 (63%)	$6,491
2017-18	2,113 (97%)	$27,938	577 (26%)	$4,326	1,429 (66%)	$6,745
2018-19	2,050 (91%)	$28,012	554 (25%)	$4,350	1,353 (60%)	$6,745
2019-20	2,162 (97%)	$30,529	632 (28%)	$4,559	1,397 (62%)	$6,430
2020-21	2,206 (99%)	$38,164	551 (25%)	$4,740	1,533 (69%)	$6,451
2021-22	2,204 (98%)	$34,025	545 (24%)	$4,597	1,269 (56%)	$6,461
Average	2,219 (96.56%)	$29,275	580 (25.11%)	$4,302	1,464 (63.67%)	$6,598

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

Overview

For the last 10 years, on average, 584 (97.22 % of students) received grants or scholarships and its average amount is $30,187. It can cover 55.58% of tuition & fees ($54,310).

In addition, 375 (62.56 % of students) students get helped from the students loans (average amount : $9,327).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	607 (100%)	$24,927	412 (68%)	$9,070
2014-15	602 (98%)	$27,958	416 (68%)	$9,166
2015-16	596 (97%)	$28,491	410 (67%)	$9,713
2016-17	529 (98%)	$24,333	374 (69%)	$8,055
2017-18	543 (92%)	$31,858	380 (65%)	$9,541
2018-19	643 (99%)	$35,617	411 (63%)	$8,653
2019-20	632 (98%)	$32,521	397 (62%)	$9,133
2020-21	584 (99%)	$33,174	289 (49%)	$11,173
2021-22	518 (94%)	$32,808	286 (52%)	$9,438
Average	584 (97.22%)	$30,187	375 (62.56%)	$9,327

^*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, 161 (26.78 % of students) received Pell (federal) grants and its average amount is $4,405.

In addition, 246 students received State/local government grants/scholarships (40.67 % 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	166 (27%)	$3,942	138 (23%)	$495	195 (32%)	$4,427	596 (98%)	$22,726
2014-15	158 (26%)	$3,829	140 (23%)	$488	372 (61%)	$3,861	602 (98%)	$24,454
2015-16	168 (27%)	$4,154	160 (26%)	$495	209 (34%)	$5,015	596 (97%)	$25,428
2016-17	147 (27%)	$4,114	138 (26%)	$489	179 (33%)	$5,118	529 (98%)	$21,330
2017-18	159 (27%)	$4,665	153 (26%)	$476	234 (40%)	$5,082	543 (92%)	$28,168
2018-19	215 (33%)	$4,460	202 (31%)	$495	417 (64%)	$5,389	643 (99%)	$30,475
2019-20	171 (27%)	$4,576	155 (24%)	$500	261 (41%)	$5,694	632 (98%)	$28,809
2020-21	149 (25%)	$5,312	128 (22%)	$1,891	247 (42%)	$5,880	577 (98%)	$29,269
2021-22	119 (22%)	$4,593	104 (19%)	$630	104 (19%)	$5,740	518 (94%)	$30,474
Average	161 (26.78%)	$4,405	146 (24.44%)	$662	246 (40.67%)	$5,134	582 (96.89%)	$26,793

^*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, 375 (62.56 % of students) get any students loan help and its average loan amount is $375.

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	412 (68%)	$9,070	407 (67%)	$6,308	89 (15%)	$13,140
2014-15	416 (68%)	$9,166	406 (66%)	$6,180	107 (17%)	$12,189
2015-16	410 (67%)	$9,713	398 (65%)	$6,180	117 (19%)	$13,014
2016-17	374 (69%)	$8,055	355 (66%)	$5,624	85 (16%)	$11,954
2017-18	380 (65%)	$9,541	360 (61%)	$5,953	110 (19%)	$13,478
2018-19	411 (63%)	$8,653	411 (63%)	$5,211	104 (16%)	$13,605
2019-20	397 (62%)	$9,133	397 (62%)	$5,231	103 (16%)	$15,041
2020-21	289 (49%)	$11,173	289 (49%)	$6,197	102 (17%)	$14,100
2021-22	286 (52%)	$9,438	286 (52%)	$5,204	81 (15%)	$14,951
Average	375 (62.56%)	$9,327	368 (61.22%)	$5,788	100 (16.67%)	$13,497

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Scholarships, Grants, and Loan Trends at Gustavus Adolphus

All Undergraduate Students Financial Aid Over Time

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