How Hillsdale'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 Hillsdale College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,431, which is 96.38 % of all undergraduate students.

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
2014-15	1,365 (93%)	$16,413	-	-	-	-
2015-16	1,454 (98%)	$16,566	-	-	-	-
2016-17	1,416 (95%)	$17,794	-	-	-	-
2017-18	1,457 (96%)	$18,634	-	-	-	-
2018-19	1,439 (98%)	$19,821	-	-	-	-
2019-20	1,435 (98%)	$20,490	-	-	-	-
2020-21	1,385 (94%)	$22,181	-	-	-	-
2021-22	1,494 (99%)	$22,002	-	-	-	-
Average	1,431 (96.38%)	$19,238	-	-	-	-

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

Overview

For the last 9 years, on average, 343 (95.63 % of students) received grants or scholarships and its average amount is $18,733. It can cover 58.37% of tuition & fees ($32,092).

In addition, 123 (34.25 % of students) students get helped from the students loans (average amount : $10,608).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	307 (85%)	$14,865	155 (43%)	$10,077
2015-16	349 (96%)	$16,735	139 (38%)	$9,931
2016-17	349 (96%)	$18,540	129 (35%)	$10,129
2017-18	355 (96%)	$18,634	119 (32%)	$10,780
2018-19	327 (96%)	$18,548	123 (36%)	$11,705
2019-20	331 (97%)	$20,910	100 (29%)	$10,899
2020-21	335 (100%)	$20,535	115 (34%)	$10,497
2021-22	393 (99%)	$21,093	105 (27%)	$10,849
Average	343 (95.63%)	$18,733	123 (34.25%)	$10,608

^*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 9 years,

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
2014-15	-	-	-	-	-	-	307 (85%)	$14,865
2015-16	-	-	-	-	-	-	349 (96%)	$16,735
2016-17	-	-	-	-	-	-	349 (96%)	$18,540
2017-18	-	-	-	-	-	-	355 (96%)	$18,634
2018-19	-	-	-	-	-	-	327 (96%)	$18,548
2019-20	-	-	-	-	-	-	331 (97%)	$20,910
2020-21	-	-	-	-	-	-	335 (100%)	$20,535
2021-22	-	-	-	-	-	-	393 (99%)	$21,093
Average	-	-	-	-	-	-	343 (95.63%)	$18,733

^*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 9 years, on average, 123 (34.25 % of students) get any students loan help and its average loan amount is $123.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	155 (43%)	$10,077	-	-	155 (43%)	$10,077
2015-16	139 (38%)	$9,931	-	-	139 (38%)	$9,931
2016-17	129 (35%)	$10,129	-	-	129 (35%)	$10,129
2017-18	119 (32%)	$10,780	-	-	119 (32%)	$10,780
2018-19	123 (36%)	$11,705	-	-	123 (36%)	$11,705
2019-20	100 (29%)	$10,899	-	-	100 (29%)	$10,899
2020-21	115 (34%)	$10,497	-	-	115 (34%)	$10,497
2021-22	105 (27%)	$10,849	-	-	105 (27%)	$10,849
Average	123 (34.25%)	$10,608	-	-	123 (34.25%)	$10,608

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Scholarships, Grants, and Loan Trends at Hillsdale

All Undergraduate Students Financial Aid Over Time

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