How Loras'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 Loras College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,388, which is 98.33 % of all undergraduate students. 937 students which is 66.22% of undergraduate students received federal student loans and the average loan amount is $6,765.

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	1,528 (98%)	$16,897	349 (22%)	$3,707	1,074 (69%)	$7,028
2014-15	1,490 (100%)	$18,403	356 (24%)	$3,856	1,033 (69%)	$6,990
2015-16	1,446 (99%)	$19,878	335 (23%)	$4,065	1,001 (68%)	$6,855
2016-17	1,430 (98%)	$20,858	320 (22%)	$4,149	951 (65%)	$7,015
2017-18	1,360 (97%)	$21,654	339 (24%)	$4,190	912 (65%)	$7,105
2018-19	1,369 (98%)	$22,335	361 (26%)	$4,314	955 (69%)	$6,535
2019-20	1,277 (96%)	$22,630	363 (27%)	$4,198	893 (67%)	$6,439
2020-21	1,295 (99%)	$23,657	341 (26%)	$4,433	824 (63%)	$6,534
2021-22	1,293 (100%)	$23,265	322 (25%)	$4,393	793 (61%)	$6,387
Average	1,388 (98.33%)	$21,064	343 (24.33%)	$4,145	937 (66.22%)	$6,765

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

Overview

For the last 10 years, on average, 346 (100.00 % of students) received grants or scholarships and its average amount is $22,946. It can cover 59.91% of tuition & fees ($38,298).

In addition, 243 (69.89 % of students) students get helped from the students loans (average amount : $7,683).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	414 (100%)	$18,742	298 (72%)	$7,467
2014-15	374 (100%)	$20,789	269 (72%)	$7,382
2015-16	389 (100%)	$21,931	280 (72%)	$8,107
2016-17	328 (100%)	$22,336	227 (69%)	$7,227
2017-18	336 (100%)	$23,014	227 (68%)	$7,390
2018-19	360 (100%)	$23,569	278 (77%)	$7,593
2019-20	326 (100%)	$23,827	233 (71%)	$8,443
2020-21	294 (100%)	$26,765	191 (65%)	$7,447
2021-22	295 (100%)	$25,538	187 (63%)	$8,092
Average	346 (100.00%)	$22,946	243 (69.89%)	$7,683

^*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, 95 (27.44 % of students) received Pell (federal) grants and its average amount is $4,121.

In addition, 66 students received State/local government grants/scholarships (19.00 % 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%)	$3,796	102 (25%)	$534	78 (19%)	$4,114	414 (100%)	$16,882
2014-15	105 (28%)	$4,080	104 (28%)	$637	57 (15%)	$4,728	374 (100%)	$18,746
2015-16	105 (27%)	$4,351	102 (26%)	$600	79 (20%)	$5,347	389 (100%)	$19,514
2016-17	77 (23%)	$4,136	73 (22%)	$682	61 (19%)	$5,968	328 (100%)	$20,104
2017-18	98 (29%)	$4,067	81 (24%)	$734	69 (21%)	$5,673	336 (100%)	$20,486
2018-19	113 (31%)	$4,185	76 (21%)	$723	83 (23%)	$5,777	360 (100%)	$20,771
2019-20	98 (30%)	$3,935	100 (31%)	$1,866	64 (20%)	$5,802	326 (100%)	$20,932
2020-21	93 (32%)	$4,126	244 (83%)	$963	56 (19%)	$6,124	294 (100%)	$23,494
2021-22	66 (22%)	$4,414	294 (100%)	$1,213	45 (15%)	$6,407	295 (100%)	$22,364
Average	95 (27.44%)	$4,121	131 (40.00%)	$884	66 (19.00%)	$5,549	346 (100.00%)	$20,366

^*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, 243 (69.89 % of students) get any students loan help and its average loan amount is $243.

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	298 (72%)	$7,467	295 (71%)	$6,141	56 (14%)	$7,383
2014-15	269 (72%)	$7,382	268 (72%)	$5,868	74 (20%)	$5,584
2015-16	280 (72%)	$8,107	279 (72%)	$5,934	100 (26%)	$6,142
2016-17	227 (69%)	$7,227	226 (69%)	$6,181	29 (9%)	$8,396
2017-18	227 (68%)	$7,390	227 (68%)	$5,975	40 (12%)	$8,029
2018-19	278 (77%)	$7,593	278 (77%)	$5,497	59 (16%)	$9,873
2019-20	233 (71%)	$8,443	228 (70%)	$5,181	101 (31%)	$7,782
2020-21	191 (65%)	$7,447	187 (64%)	$5,320	50 (17%)	$8,551
2021-22	187 (63%)	$8,092	183 (62%)	$5,243	84 (28%)	$6,591
Average	243 (69.89%)	$7,683	241 (69.44%)	$5,704	66 (19.22%)	$7,592

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Scholarships, Grants, and Loan Trends at Loras

All Undergraduate Students Financial Aid Over Time

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