Scholarships, Grants, and Loan Trends at Principia

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 395, which is 91.44 % of all undergraduate students.
For full-time, first-time beginning students (freshmen), 96.89% of students received grants or scholarships and 55% 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 Principia College since 2013.
For that period, the average number of students who received grants aid/scholarships is 395, which is 91.44 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14473 (93%)$22,681----
2014-15467 (95%)$24,540----
2015-16228 (50%)$24,587----
2016-17467 (97%)$26,134----
2017-18446 (98%)$27,301----
2018-19430 (97%)$27,992----
2019-20395 (97%)$27,823----
2020-21336 (99%)$22,040----
2021-22311 (97%)$28,378----
Average395 (91.44%)$25,720----

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

For the last 10 years, on average, 88 (96.89 % of students) received grants or scholarships and its average amount is $26,402. It can cover 79.33% of tuition & fees ($33,280).
In addition, 49 (55.44 % of students) students get helped from the students loans (average amount : $5,324).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14122 (98%)$22,99370 (56%)$5,543
2014-15113 (94%)$24,71768 (57%)$5,713
2015-1677 (97%)$25,75145 (57%)$5,856
2016-17113 (100%)$26,61263 (56%)$5,698
2017-1883 (98%)$28,61642 (49%)$5,667
2018-1999 (99%)$28,18652 (52%)$5,769
2019-2065 (98%)$28,52035 (53%)$5,657
2020-2145 (94%)$25,17445 (94%)$2,016
2021-2274 (94%)$27,05120 (25%)$6,000
Average88 (96.89%)$26,40249 (55.44%)$5,324
*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,
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
2013-14------122 (98%)$22,993
2014-15------113 (94%)$24,717
2015-16------77 (97%)$25,751
2016-17------113 (100%)$26,612
2017-18------83 (98%)$28,616
2018-19------99 (99%)$28,186
2019-20------65 (98%)$28,520
2020-21------45 (94%)$25,174
2021-22------74 (94%)$27,051
Average------88 (96.89%)$26,402
*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, 49 (55.44 % of students) get any students loan help and its average loan amount is $49.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1470 (56%)$5,543--70 (56%)$5,543
2014-1568 (57%)$5,713--68 (57%)$5,713
2015-1645 (57%)$5,856--45 (57%)$5,856
2016-1763 (56%)$5,698--63 (56%)$5,698
2017-1842 (49%)$5,667--42 (49%)$5,667
2018-1952 (52%)$5,769--52 (52%)$5,769
2019-2035 (53%)$5,657--35 (53%)$5,657
2020-2145 (94%)$2,016--45 (94%)$2,016
2021-2220 (25%)$6,000--20 (25%)$6,000
Average49 (55.44%)$5,324--49 (55.44%)$5,324
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