Scholarships, Grants, and Loan Trends at Wooster

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,928, which is 96.11 % of all undergraduate students. 971 students which is 48.56% of undergraduate students received federal student loans and the average loan amount is $6,478.
For full-time, first-time beginning students (freshmen), 99.00% of students received grants or scholarships and 51% 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 The College of Wooster since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,928, which is 96.11 % of all undergraduate students. 971 students which is 48.56% of undergraduate students received federal student loans and the average loan amount is $6,478.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,043 (97%)$25,686414 (20%)$4,0821,046 (49%)$6,729
2014-151,996 (97%)$26,496397 (19%)$4,2151,047 (51%)$6,769
2015-161,964 (96%)$26,478380 (19%)$4,1471,036 (51%)$6,847
2016-171,907 (95%)$27,892322 (16%)$4,181974 (49%)$6,647
2017-181,900 (96%)$30,274332 (17%)$4,374949 (48%)$6,699
2018-191,930 (96%)$32,461382 (19%)$4,557964 (48%)$6,263
2019-201,868 (96%)$34,910378 (19%)$4,630925 (48%)$6,272
2020-211,856 (96%)$37,085392 (20%)$4,865914 (48%)$5,932
2021-221,884 (96%)$39,475382 (19%)$5,054886 (45%)$6,148
Average1,928 (96.11%)$31,195375 (18.67%)$4,456971 (48.56%)$6,478

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

For the last 10 years, on average, 552 (99.00 % of students) received grants or scholarships and its average amount is $33,671. It can cover 56.54% of tuition & fees ($59,550).
In addition, 282 (50.67 % of students) students get helped from the students loans (average amount : $7,526).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14554 (99%)$25,484284 (51%)$6,952
2014-15543 (99%)$27,462302 (55%)$6,676
2015-16561 (99%)$27,667293 (52%)$7,551
2016-17537 (99%)$30,851277 (51%)$7,681
2017-18565 (99%)$33,144280 (49%)$8,258
2018-19564 (99%)$35,748286 (50%)$7,375
2019-20539 (99%)$38,599268 (49%)$8,972
2020-21528 (100%)$41,765277 (52%)$7,564
2021-22574 (98%)$42,315275 (47%)$6,703
Average552 (99.00%)$33,671282 (50.67%)$7,526
*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, 110 (19.78 % of students) received Pell (federal) grants and its average amount is $4,422.
In addition, 40 students received State/local government grants/scholarships (7.22 % 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
2013-14101 (18%)$4,01599 (18%)$1,24444 (8%)$1,871554 (99%)$24,381
2014-15106 (19%)$4,175106 (19%)$1,30933 (6%)$2,318543 (99%)$26,251
2015-1695 (17%)$4,19295 (17%)$1,21644 (8%)$2,070546 (96%)$27,319
2016-1790 (17%)$4,00389 (16%)$1,22630 (6%)$2,472537 (99%)$29,838
2017-18106 (19%)$4,302106 (19%)$1,25431 (5%)$2,530565 (99%)$31,962
2018-19131 (23%)$4,446130 (23%)$1,29737 (7%)$2,793564 (99%)$34,233
2019-20121 (22%)$4,668179 (33%)$2,13737 (7%)$3,018539 (99%)$36,634
2020-21124 (23%)$4,782149 (28%)$2,30355 (10%)$2,808528 (100%)$39,700
2021-22120 (20%)$5,215165 (28%)$2,91045 (8%)$3,562574 (98%)$40,109
Average110 (19.78%)$4,422124 (22.33%)$1,65540 (7.22%)$2,605550 (98.67%)$32,270
*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, 282 (50.67 % of students) get any students loan help and its average loan amount is $282.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14284 (51%)$6,952282 (50%)$5,87326 (5%)$12,235
2014-15302 (55%)$6,676301 (55%)$5,74924 (4%)$11,907
2015-16293 (52%)$7,551291 (51%)$6,03431 (5%)$14,728
2016-17277 (51%)$7,681274 (50%)$5,61638 (7%)$15,495
2017-18280 (49%)$8,258276 (49%)$5,76748 (8%)$15,007
2018-19286 (50%)$7,375285 (50%)$5,15842 (7%)$15,218
2019-20268 (49%)$8,972264 (49%)$5,35264 (12%)$15,490
2020-21277 (52%)$7,564272 (51%)$4,92746 (9%)$16,418
2021-22275 (47%)$6,703271 (46%)$5,25043 (7%)$9,775
Average282 (50.67%)$7,526280 (50.11%)$5,52540 (7.11%)$14,030
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