How Oberlin'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 Oberlin College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,461, which is 86.11 % of all undergraduate students. 969 students which is 33.89% of undergraduate students received federal student loans and the average loan amount is $7,159.

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	2,465 (85%)	$23,486	310 (11%)	$4,020	1,018 (35%)	$6,898
2014-15	2,502 (84%)	$24,580	283 (10%)	$4,232	1,026 (35%)	$7,128
2015-16	2,452 (84%)	$25,854	254 (9%)	$4,352	990 (34%)	$6,991
2016-17	2,460 (85%)	$27,415	255 (9%)	$4,217	978 (34%)	$6,882
2017-18	2,412 (85%)	$28,899	265 (9%)	$4,287	1,019 (36%)	$6,867
2018-19	2,357 (85%)	$30,750	255 (9%)	$4,374	973 (35%)	$6,195
2019-20	2,467 (87%)	$32,885	263 (9%)	$4,686	1,035 (36%)	$11,209
2020-21	2,320 (88%)	$34,143	241 (9%)	$4,909	715 (27%)	$6,005
2021-22	2,713 (92%)	$35,509	271 (9%)	$4,878	968 (33%)	$6,255
Average	2,461 (86.11%)	$29,280	266 (9.33%)	$4,439	969 (33.89%)	$7,159

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

Overview

For the last 10 years, on average, 678 (87.22 % of students) received grants or scholarships and its average amount is $29,294. It can cover 45.31% of tuition & fees ($64,646).

In addition, 297 (38.44 % of students) students get helped from the students loans (average amount : $5,499).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	672 (86%)	$23,211	291 (37%)	$5,921
2014-15	655 (82%)	$23,846	299 (38%)	$6,025
2015-16	664 (86%)	$24,765	293 (38%)	$5,945
2016-17	632 (83%)	$28,876	313 (41%)	$5,685
2017-18	627 (86%)	$27,901	300 (41%)	$5,884
2018-19	694 (86%)	$31,024	302 (38%)	$5,013
2019-20	678 (85%)	$34,379	304 (38%)	$4,925
2020-21	631 (93%)	$34,607	260 (38%)	$5,077
2021-22	849 (98%)	$35,040	315 (37%)	$5,013
Average	678 (87.22%)	$29,294	297 (38.44%)	$5,499

^*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, 70 (9.00 % of students) received Pell (federal) grants and its average amount is $4,486.

In addition, 9 students received State/local government grants/scholarships (1.25 % 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	69 (9%)	$4,362	62 (8%)	$1,976	12 (2%)	$1,207	671 (86%)	$22,592
2014-15	69 (9%)	$4,033	67 (8%)	$1,938	4 (1%)	$2,054	654 (82%)	$23,246
2015-16	70 (9%)	$4,375	63 (8%)	$1,952	7 (1%)	$1,705	664 (86%)	$24,100
2016-17	82 (11%)	$3,881	75 (10%)	$1,990	16 (2%)	$1,607	632 (83%)	$28,095
2017-18	62 (9%)	$4,518	56 (8%)	$2,032	7 (1%)	$2,089	626 (86%)	$27,293
2018-19	68 (8%)	$4,507	62 (8%)	$1,986	8 (1%)	$2,191	694 (86%)	$30,380
2019-20	78 (10%)	$4,745	75 (9%)	$1,989	11 (1%)	$2,730	678 (85%)	$33,569
2020-21	57 (8%)	$5,131	55 (8%)	$1,974	8 (1%)	$3,129	631 (93%)	$33,931
2021-22	73 (8%)	$4,818	67 (8%)	$1,962	4 (0%)	$3,700	848 (98%)	$34,494
Average	70 (9.00%)	$4,486	65 (8.33%)	$1,978	9 (1.25%)	$2,268	678 (87.22%)	$28,633

^*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, 297 (38.44 % of students) get any students loan help and its average loan amount is $297.

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	291 (37%)	$5,921	266 (34%)	$6,087	25 (3%)	$4,162
2014-15	299 (38%)	$6,025	287 (36%)	$6,113	12 (2%)	$3,917
2015-16	293 (38%)	$5,945	268 (35%)	$6,099	25 (3%)	$4,296
2016-17	313 (41%)	$5,685	294 (39%)	$5,768	19 (2%)	$4,390
2017-18	300 (41%)	$5,884	280 (39%)	$5,991	20 (3%)	$4,375
2018-19	302 (38%)	$5,013	282 (35%)	$5,049	20 (2%)	$4,500
2019-20	304 (38%)	$4,925	281 (35%)	$4,968	23 (3%)	$4,402
2020-21	260 (38%)	$5,077	233 (34%)	$5,142	27 (4%)	$4,519
2021-22	315 (37%)	$5,013	271 (31%)	$5,109	44 (5%)	$4,420
Average	297 (38.44%)	$5,499	274 (35.33%)	$5,592	24 (3.00%)	$4,331

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Scholarships, Grants, and Loan Trends at Oberlin

All Undergraduate Students Financial Aid Over Time

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