Scholarships, Grants, and Loan Trends at Paul Smith's College

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 785, which is 97.78 % of all undergraduate students. 643 students which is 79.78% of undergraduate students received federal student loans and the average loan amount is $6,281.
For full-time, first-time beginning students (freshmen), 99.11% of students received grants or scholarships and 83% 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 Paul Smiths College of Arts and Science since 2013.
For that period, the average number of students who received grants aid/scholarships is 785, which is 97.78 % of all undergraduate students. 643 students which is 79.78% of undergraduate students received federal student loans and the average loan amount is $6,281.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14955 (97%)$14,678422 (43%)$4,053809 (82%)$6,642
2014-15874 (98%)$15,990348 (39%)$4,169714 (80%)$6,590
2015-16872 (99%)$16,573348 (39%)$4,032717 (81%)$6,323
2016-17829 (97%)$16,444335 (39%)$4,219700 (82%)$6,408
2017-18748 (97%)$17,563328 (43%)$4,356632 (82%)$6,455
2018-19725 (97%)$19,366327 (44%)$4,436608 (82%)$6,155
2019-20703 (98%)$20,290324 (45%)$4,616565 (79%)$6,236
2020-21654 (98%)$22,953283 (42%)$4,471504 (75%)$6,042
2021-22706 (99%)$23,058273 (38%)$4,607534 (75%)$5,677
Average785 (97.78%)$18,546332 (41.33%)$4,329643 (79.78%)$6,281

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

For the last 10 years, on average, 214 (99.11 % of students) received grants or scholarships and its average amount is $19,640. It can cover 61.28% of tuition & fees ($32,049).
In addition, 180 (83.00 % of students) students get helped from the students loans (average amount : $8,323).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14237 (99%)$16,006210 (88%)$7,538
2014-15243 (100%)$17,185205 (84%)$7,589
2015-16245 (99%)$16,662208 (84%)$8,950
2016-17227 (99%)$16,663203 (88%)$8,639
2017-18190 (97%)$18,208168 (86%)$9,006
2018-19186 (100%)$20,511155 (83%)$8,378
2019-20184 (99%)$23,252145 (78%)$7,308
2020-21175 (99%)$23,725135 (77%)$7,829
2021-22242 (100%)$24,545192 (79%)$9,669
Average214 (99.11%)$19,640180 (83.00%)$8,323
*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, 91 (42.56 % of students) received Pell (federal) grants and its average amount is $4,250.
In addition, 102 students received State/local government grants/scholarships (47.44 % 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
2013-14106 (44%)$3,95721 (9%)$586122 (51%)$2,503237 (99%)$12,896
2014-1588 (36%)$4,22235 (14%)$943130 (53%)$3,663243 (100%)$13,561
2015-16111 (45%)$4,16963 (26%)$570125 (51%)$3,997245 (99%)$12,587
2016-1797 (42%)$4,43536 (16%)$542119 (52%)$3,815227 (99%)$12,682
2017-1887 (45%)$3,99833 (17%)$62095 (49%)$3,678190 (97%)$14,431
2018-1983 (45%)$4,41421 (11%)$52185 (46%)$3,582185 (99%)$16,937
2019-2097 (52%)$4,55368 (37%)$1,029101 (55%)$3,917182 (98%)$18,523
2020-2168 (39%)$4,079145 (82%)$1,17369 (39%)$3,062175 (99%)$19,961
2021-2285 (35%)$4,419106 (44%)$3,82376 (31%)$3,583242 (100%)$20,193
Average91 (42.56%)$4,25059 (28.44%)$1,090102 (47.44%)$3,533214 (98.89%)$15,752
*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, 180 (83.00 % of students) get any students loan help and its average loan amount is $180.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14210 (88%)$7,538210 (88%)$5,62337 (15%)$10,868
2014-15205 (84%)$7,589205 (84%)$5,45233 (14%)$13,273
2015-16208 (84%)$8,950207 (84%)$5,40056 (23%)$13,284
2016-17203 (88%)$8,639201 (87%)$5,29951 (22%)$13,499
2017-18168 (86%)$9,006167 (86%)$5,16644 (23%)$14,778
2018-19155 (83%)$8,378155 (83%)$5,07153 (28%)$9,670
2019-20145 (78%)$7,308144 (78%)$4,82931 (17%)$11,748
2020-21135 (77%)$7,829133 (76%)$5,15429 (16%)$12,810
2021-22192 (79%)$9,669192 (79%)$4,71882 (34%)$11,592
Average180 (83.00%)$8,323179 (82.78%)$5,19046 (21.33%)$12,391
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