Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,112, which is 60.89 % of all undergraduate students. 272 students which is 15.00% of undergraduate students received federal student loans and the average loan amount is $5,329.

For full-time, first-time beginning students (freshmen), 58.00% of students received grants or scholarships and 16% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Amherst College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,112, which is 60.89 % of all undergraduate students. 272 students which is 15.00% of undergraduate students received federal student loans and the average loan amount is $5,329.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,084 (61%)$43,136391 (22%)$4,461288 (16%)$5,226
2014-151,115 (62%)$44,724404 (23%)$4,663281 (16%)$5,376
2015-161,087 (61%)$47,373419 (23%)$4,541297 (17%)$5,381
2016-171,092 (59%)$48,235414 (22%)$4,567338 (18%)$5,287
2017-181,103 (60%)$50,424427 (23%)$4,733305 (17%)$5,056
2018-191,107 (60%)$53,192446 (24%)$4,777291 (16%)$5,241
2019-201,104 (60%)$54,908437 (24%)$4,869270 (15%)$5,323
2020-211,109 (64%)$57,953440 (25%)$4,979155 (9%)$5,620
2021-221,208 (61%)$58,328465 (24%)$5,181221 (11%)$5,451
Average1,112 (60.89%)$50,919427 (23.33%)$4,752272 (15.00%)$5,329
*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.

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

For the last 10 years, on average, 275 (58.00 % of students) received grants or scholarships and its average amount is $52,877. It can cover 78.59% of tuition & fees ($67,280).

In addition, 75 (15.67 % of students) students get helped from the students loans (average amount : $7,244).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14266 (57%)$46,85786 (18%)$6,512
2014-15291 (62%)$47,14580 (17%)$5,124
2015-16265 (56%)$47,51780 (17%)$6,984
2016-17248 (53%)$49,46771 (15%)$5,460
2017-18266 (56%)$52,02590 (19%)$5,626
2018-19305 (62%)$57,62789 (18%)$7,348
2019-20268 (57%)$57,91864 (14%)$9,904
2020-21264 (61%)$58,64449 (11%)$8,944
2021-22298 (58%)$58,69364 (12%)$9,293
Average275 (58.00%)$52,87775 (15.67%)$7,244
*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, 109 (23.11 % of students) received Pell (federal) grants and its average amount is $4,877.

In addition, 14 students received State/local government grants/scholarships (3.11 % 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
2013-14111 (24%)$4,49575 (16%)$99313 (3%)$2,769266 (57%)$44,566
2014-15112 (24%)$4,81777 (16%)$1,00012 (3%)$2,552291 (62%)$44,922
2015-16100 (21%)$4,59261 (13%)$1,00012 (3%)$2,597264 (55%)$45,609
2016-17105 (22%)$4,62471 (15%)$98610 (2%)$2,956246 (52%)$47,490
2017-1893 (20%)$4,76956 (12%)$1,00016 (3%)$2,822265 (56%)$50,166
2018-19148 (30%)$4,71889 (18%)$1,00720 (4%)$2,780304 (62%)$55,042
2019-20112 (24%)$5,23281 (17%)$99516 (3%)$3,002268 (57%)$55,252
2020-2189 (21%)$5,13663 (15%)$98412 (3%)$1,937262 (60%)$57,022
2021-22114 (22%)$5,50981 (16%)$99419 (4%)$2,341292 (57%)$57,320
Average109 (23.11%)$4,87773 (15.33%)$99514 (3.11%)$2,640273 (57.56%)$50,821
*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, 75 (15.67 % of students) get any students loan help and its average loan amount is $75.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1486 (18%)$6,51272 (15%)$4,53916 (3%)$14,577
2014-1580 (17%)$5,12471 (15%)$4,60215 (3%)$5,545
2015-1680 (17%)$6,98468 (14%)$4,73826 (5%)$9,098
2016-1771 (15%)$5,46065 (14%)$4,99311 (2%)$5,741
2017-1890 (19%)$5,62678 (17%)$4,66719 (4%)$7,490
2018-1989 (18%)$7,34868 (14%)$4,48932 (7%)$10,899
2019-2064 (14%)$9,90449 (10%)$4,55123 (5%)$17,864
2020-2149 (11%)$8,94442 (10%)$5,23313 (3%)$16,803
2021-2264 (12%)$9,29357 (11%)$4,87714 (3%)$22,628
Average75 (15.67%)$7,24463 (13.33%)$4,74319 (3.89%)$12,294

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