Scholarships, Grants, and Loan Trends at Kalamazoo

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,395, which is 98.89 % of all undergraduate students. 702 students which is 49.78% of undergraduate students received federal student loans and the average loan amount is $6,833.
For full-time, first-time beginning students (freshmen), 98.00% of students received grants or scholarships and 50% 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 Kalamazoo College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,395, which is 98.89 % of all undergraduate students. 702 students which is 49.78% of undergraduate students received federal student loans and the average loan amount is $6,833.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,435 (98%)$24,422296 (20%)$4,407743 (51%)$7,515
2014-151,444 (99%)$25,832311 (21%)$4,446759 (52%)$7,339
2015-161,429 (99%)$26,898286 (20%)$4,426730 (51%)$7,417
2016-171,420 (98%)$28,316309 (21%)$4,298738 (51%)$7,655
2017-181,416 (99%)$31,592344 (24%)$4,417775 (54%)$7,251
2018-191,455 (99%)$34,014342 (23%)$4,623746 (51%)$6,008
2019-201,276 (99%)$36,603329 (26%)$4,599648 (50%)$6,005
2020-211,443 (99%)$39,400370 (25%)$4,760619 (43%)$6,314
2021-221,234 (100%)$40,600297 (24%)$4,708560 (45%)$5,989
Average1,395 (98.89%)$31,964320 (22.67%)$4,520702 (49.78%)$6,833

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

For the last 10 years, on average, 386 (98.00 % of students) received grants or scholarships and its average amount is $32,671. It can cover 55.74% of tuition & fees ($58,614).
In addition, 195 (49.56 % of students) students get helped from the students loans (average amount : $7,191).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14446 (98%)$24,736238 (53%)$7,652
2014-15350 (98%)$26,748192 (54%)$7,221
2015-16351 (96%)$26,808169 (46%)$7,988
2016-17338 (97%)$29,059188 (54%)$7,831
2017-18442 (99%)$33,364264 (59%)$7,030
2018-19400 (98%)$35,051193 (47%)$6,660
2019-20392 (99%)$36,212197 (50%)$6,712
2020-21380 (99%)$40,208129 (34%)$6,195
2021-22374 (98%)$41,855187 (49%)$7,426
Average386 (98.00%)$32,671195 (49.56%)$7,191
*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, 96 (24.33 % of students) received Pell (federal) grants and its average amount is $4,471.
In addition, 108 students received State/local government grants/scholarships (27.67 % 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
2013-1499 (22%)$4,35976 (17%)$1,270143 (32%)$1,568444 (98%)$23,153
2014-1579 (22%)$4,30360 (17%)$2,443121 (34%)$1,631348 (97%)$24,937
2015-1668 (19%)$4,53762 (17%)$2,52184 (23%)$2,021351 (96%)$25,000
2016-1781 (23%)$4,41768 (20%)$1,321115 (33%)$1,735336 (97%)$27,306
2017-18119 (27%)$4,48297 (22%)$1,456131 (29%)$1,907440 (98%)$31,414
2018-19105 (26%)$4,52583 (20%)$1,375106 (26%)$2,241400 (98%)$32,983
2019-2099 (25%)$4,188229 (58%)$1,05289 (23%)$2,583388 (98%)$34,304
2020-21115 (30%)$4,792245 (64%)$2,760102 (27%)$2,670376 (98%)$36,648
2021-2295 (25%)$4,64077 (20%)$2,63085 (22%)$2,678374 (98%)$39,526
Average96 (24.33%)$4,471111 (28.33%)$1,870108 (27.67%)$2,115384 (97.56%)$30,586
*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, 195 (49.56 % of students) get any students loan help and its average loan amount is $195.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14238 (53%)$7,652238 (53%)$6,89916 (4%)$11,201
2014-15192 (54%)$7,221189 (53%)$6,29911 (3%)$17,812
2015-16169 (46%)$7,988166 (46%)$6,19420 (5%)$16,088
2016-17188 (54%)$7,831187 (54%)$6,59114 (4%)$17,124
2017-18264 (59%)$7,030261 (58%)$5,71229 (6%)$12,588
2018-19193 (47%)$6,660191 (47%)$4,91520 (5%)$17,336
2019-20197 (50%)$6,712196 (50%)$5,05719 (5%)$17,430
2020-21129 (34%)$6,195124 (32%)$5,06613 (3%)$13,150
2021-22187 (49%)$7,426181 (47%)$5,13623 (6%)$19,955
Average195 (49.56%)$7,191193 (48.89%)$5,76318 (4.56%)$15,854
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