Scholarships, Grants, and Loan Trends at Menlo

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 760, which is 96.89 % of all undergraduate students. 365 students which is 46.56% of undergraduate students received federal student loans and the average loan amount is $6,821.
For full-time, first-time beginning students (freshmen), 97.22% of students received grants or scholarships and 56% 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 Menlo College since 2013.
For that period, the average number of students who received grants aid/scholarships is 760, which is 96.89 % of all undergraduate students. 365 students which is 46.56% of undergraduate students received federal student loans and the average loan amount is $6,821.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14690 (97%)$21,271233 (33%)$4,364385 (54%)$7,567
2014-15743 (94%)$22,088253 (32%)$4,562400 (50%)$7,469
2015-16723 (92%)$24,306257 (33%)$4,667429 (55%)$6,740
2016-17742 (95%)$33,51583 (11%)$4,545196 (25%)$6,599
2017-18724 (97%)$27,414259 (35%)$4,727402 (54%)$6,849
2018-19768 (99%)$29,152247 (32%)$5,058374 (48%)$6,581
2019-20885 (99%)$32,004306 (34%)$4,718404 (45%)$6,460
2020-21824 (100%)$31,954278 (34%)$4,953396 (48%)$6,704
2021-22741 (99%)$33,685236 (32%)$5,228301 (40%)$6,424
Average760 (96.89%)$28,377239 (30.67%)$4,758365 (46.56%)$6,821

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

For the last 10 years, on average, 156 (97.22 % of students) received grants or scholarships and its average amount is $28,963. It can cover 56.71% of tuition & fees ($51,070).
In addition, 90 (55.89 % of students) students get helped from the students loans (average amount : $7,003).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14132 (96%)$21,34971 (51%)$6,926
2014-15176 (93%)$23,246113 (59%)$8,125
2015-16144 (97%)$26,35594 (64%)$7,299
2016-17143 (98%)$26,78188 (60%)$6,689
2017-18148 (97%)$30,94085 (56%)$6,594
2018-19152 (97%)$32,12988 (56%)$7,023
2019-20234 (98%)$35,829125 (52%)$6,684
2020-21128 (99%)$29,40974 (57%)$7,229
2021-22143 (100%)$34,63269 (48%)$6,460
Average156 (97.22%)$28,96390 (55.89%)$7,003
*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, 58 (35.67 % of students) received Pell (federal) grants and its average amount is $4,718.
In addition, 43 students received State/local government grants/scholarships (26.44 % 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
2013-1441 (30%)$4,433--29 (21%)$5,935132 (96%)$18,668
2014-1564 (34%)$4,665--47 (25%)$6,369176 (93%)$19,849
2015-1652 (35%)$4,68938 (26%)$1,00039 (26%)$6,434142 (96%)$22,974
2016-1753 (36%)$4,24011 (8%)$99733 (23%)$6,601141 (97%)$23,944
2017-1855 (36%)$4,35726 (17%)$96238 (25%)$6,699148 (97%)$27,432
2018-1968 (43%)$4,70133 (21%)$92447 (30%)$5,711152 (97%)$28,060
2019-20102 (43%)$4,956198 (83%)$1,05979 (33%)$5,925234 (98%)$30,773
2020-2141 (32%)$5,34924 (19%)$93833 (26%)$6,983127 (98%)$25,922
2021-2246 (32%)$5,06829 (20%)$93142 (29%)$6,378143 (100%)$30,939
Average58 (35.67%)$4,71851 (27.71%)$97343 (26.44%)$6,337155 (96.89%)$25,396
*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, 90 (55.89 % of students) get any students loan help and its average loan amount is $90.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1471 (51%)$6,92669 (50%)$5,8885 (4%)$17,104
2014-15113 (59%)$8,125110 (58%)$5,93413 (7%)$20,418
2015-1694 (64%)$7,29994 (64%)$6,5385 (3%)$14,306
2016-1788 (60%)$6,68987 (60%)$5,7925 (3%)$16,960
2017-1885 (56%)$6,59485 (56%)$5,4827 (5%)$13,500
2018-1988 (56%)$7,02387 (55%)$5,16310 (6%)$16,887
2019-20125 (52%)$6,684124 (52%)$5,17010 (4%)$19,441
2020-2174 (57%)$7,22973 (57%)$5,4107 (5%)$20,007
2021-2269 (48%)$6,46067 (47%)$5,1086 (4%)$17,261
Average90 (55.89%)$7,00388 (55.44%)$5,6098 (4.56%)$17,320
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