Scholarships, Grants, and Loan Trends at Hiram

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 907, which is 75.67 % of all undergraduate students. 767 students which is 63.89% of undergraduate students received federal student loans and the average loan amount is $7,499.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 84% 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 Hiram College since 2013.
For that period, the average number of students who received grants aid/scholarships is 907, which is 75.67 % of all undergraduate students. 767 students which is 63.89% of undergraduate students received federal student loans and the average loan amount is $7,499.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,125 (88%)$17,627564 (44%)$4,096982 (77%)$8,086
2014-151,096 (89%)$17,928548 (44%)$4,200952 (77%)$8,033
2015-16943 (86%)$17,631452 (41%)$4,154807 (73%)$7,761
2016-17866 (79%)$18,947444 (41%)$4,121724 (66%)$7,702
2017-18879 (73%)$20,314473 (39%)$4,348724 (60%)$7,349
2018-19773 (62%)$24,752473 (38%)$4,478657 (53%)$7,451
2019-20827 (65%)$25,214453 (36%)$5,143714 (56%)$7,396
2020-21847 (78%)$17,513438 (40%)$4,927692 (63%)$7,046
2021-22806 (61%)$17,281389 (30%)$4,851651 (50%)$6,665
Average907 (75.67%)$19,690470 (39.22%)$4,480767 (63.89%)$7,499

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

For the last 10 years, on average, 234 (99.89 % of students) received grants or scholarships and its average amount is $22,468. It can cover 85.54% of tuition & fees ($26,265).
In addition, 196 (83.56 % of students) students get helped from the students loans (average amount : $7,779).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14286 (100%)$20,349245 (85%)$7,870
2014-15274 (100%)$19,149230 (84%)$8,138
2015-16160 (100%)$18,047133 (83%)$7,836
2016-17205 (99%)$23,318170 (82%)$8,304
2017-18257 (100%)$25,223222 (86%)$7,537
2018-19233 (100%)$26,840194 (83%)$7,711
2019-20227 (100%)$30,490200 (88%)$8,340
2020-21227 (100%)$19,854183 (80%)$7,068
2021-22236 (100%)$18,941190 (81%)$7,210
Average234 (99.89%)$22,468196 (83.56%)$7,779
*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, 125 (52.89 % of students) received Pell (federal) grants and its average amount is $4,557.
In addition, 73 students received State/local government grants/scholarships (30.89 % 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
2013-14150 (52%)$4,053148 (52%)$64288 (31%)$1,921285 (99%)$17,361
2014-15151 (55%)$4,258150 (55%)$72288 (32%)$2,329273 (100%)$15,717
2015-1675 (47%)$3,98675 (47%)$74139 (24%)$2,395159 (99%)$15,344
2016-17105 (51%)$4,460105 (51%)$1,02774 (36%)$2,960203 (98%)$19,630
2017-18154 (60%)$4,594154 (60%)$79497 (38%)$3,063257 (100%)$20,839
2018-19129 (55%)$4,528129 (55%)$1,07874 (32%)$3,169232 (100%)$22,827
2019-20130 (57%)$5,363130 (57%)$85581 (36%)$3,821227 (100%)$25,565
2020-21116 (51%)$4,816223 (98%)$1,62665 (29%)$3,548224 (98%)$14,977
2021-22114 (48%)$4,958109 (46%)$86947 (20%)$4,115235 (100%)$15,390
Average125 (52.89%)$4,557136 (57.89%)$92873 (30.89%)$3,036233 (99.33%)$18,628
*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, 196 (83.56 % of students) get any students loan help and its average loan amount is $196.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14245 (85%)$7,870245 (85%)$7,12518 (6%)$10,135
2014-15230 (84%)$8,138229 (84%)$7,22722 (8%)$9,851
2015-16133 (83%)$7,836133 (83%)$6,11419 (12%)$12,050
2016-17170 (82%)$8,304168 (81%)$6,48423 (11%)$14,012
2017-18222 (86%)$7,537221 (86%)$6,15631 (12%)$10,084
2018-19194 (83%)$7,711194 (83%)$6,10029 (12%)$10,778
2019-20200 (88%)$8,340200 (88%)$6,22733 (15%)$12,801
2020-21183 (80%)$7,068183 (80%)$5,65719 (8%)$13,587
2021-22190 (81%)$7,210190 (81%)$5,54726 (11%)$12,147
Average196 (83.56%)$7,779196 (83.44%)$6,29324 (10.56%)$11,716
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