Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,141, which is 95.00 % of all undergraduate students. 673 students which is 56.11% of undergraduate students received federal student loans and the average loan amount is $6,537.

For full-time, first-time beginning students (freshmen), 99.56% of students received grants or scholarships and 63% 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 Beloit College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,141, which is 95.00 % of all undergraduate students. 673 students which is 56.11% of undergraduate students received federal student loans and the average loan amount is $6,537.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,209 (93%)$24,371288 (22%)$4,260778 (60%)$6,719
2014-151,180 (96%)$25,460288 (24%)$4,216734 (60%)$7,055
2015-161,238 (97%)$27,842308 (24%)$4,244742 (58%)$6,844
2016-171,266 (96%)$28,593298 (23%)$4,562703 (54%)$6,737
2017-181,287 (97%)$30,136330 (25%)$4,558755 (57%)$6,429
2018-191,180 (97%)$32,809330 (27%)$4,670673 (56%)$6,315
2019-201,049 (92%)$35,494306 (27%)$4,614593 (52%)$6,289
2020-21921 (94%)$42,431273 (28%)$4,841500 (51%)$6,347
2021-22936 (93%)$44,610309 (31%)$4,812575 (57%)$6,100
Average1,141 (95.00%)$32,416303 (25.67%)$4,531673 (56.11%)$6,537
*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, 298 (99.56 % of students) received grants or scholarships and its average amount is $34,802. It can cover 59.44% of tuition & fees ($58,554).

In addition, 187 (63.11 % of students) students get helped from the students loans (average amount : $7,472).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14295 (99%)$26,151190 (64%)$7,029
2014-15295 (99%)$25,055154 (52%)$7,256
2015-16389 (99%)$29,403243 (62%)$7,811
2016-17382 (100%)$30,344196 (51%)$7,792
2017-18322 (100%)$33,331210 (65%)$7,643
2018-19266 (100%)$36,958183 (69%)$7,857
2019-20259 (100%)$38,952173 (67%)$7,485
2020-21185 (99%)$46,297118 (63%)$7,483
2021-22290 (100%)$46,725218 (75%)$6,892
Average298 (99.56%)$34,802187 (63.11%)$7,472
*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, 89 (30.22 % of students) received Pell (federal) grants and its average amount is $4,591.

In addition, 29 students received State/local government grants/scholarships (10.00 % 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
2013-1488 (29%)$4,52465 (22%)$74236 (12%)$2,998295 (99%)$24,272
2014-1563 (21%)$4,05446 (15%)$60927 (9%)$3,009294 (98%)$23,900
2015-16101 (26%)$4,42781 (21%)$1,86032 (8%)$2,904382 (97%)$28,134
2016-1797 (25%)$4,68179 (21%)$68627 (7%)$3,055373 (98%)$29,492
2017-18100 (31%)$4,52575 (23%)$67331 (10%)$3,124316 (98%)$32,066
2018-1997 (36%)$4,84397 (36%)$82630 (11%)$3,241262 (98%)$35,052
2019-2080 (31%)$4,48577 (30%)$69125 (10%)$3,152255 (98%)$37,638
2020-2169 (37%)$4,960123 (66%)$1,79728 (15%)$3,460185 (99%)$42,728
2021-22103 (36%)$4,816156 (54%)$2,19722 (8%)$3,622290 (100%)$43,558
Average89 (30.22%)$4,59189 (32.00%)$1,12029 (10.00%)$3,174295 (98.33%)$32,982
*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, 187 (63.11 % of students) get any students loan help and its average loan amount is $187.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14190 (64%)$7,029189 (63%)$5,39727 (9%)$11,690
2014-15154 (52%)$7,256154 (52%)$5,81919 (6%)$11,649
2015-16243 (62%)$7,811238 (61%)$5,193163 (42%)$4,062
2016-17196 (51%)$7,792185 (48%)$5,534118 (31%)$4,266
2017-18210 (65%)$7,643206 (64%)$5,032134 (41%)$4,242
2018-19183 (69%)$7,857155 (58%)$5,136156 (59%)$4,114
2019-20173 (67%)$7,485152 (59%)$5,165132 (51%)$3,862
2020-21118 (63%)$7,483106 (57%)$5,23886 (46%)$3,810
2021-22218 (75%)$6,892196 (68%)$4,950150 (52%)$3,548
Average187 (63.11%)$7,472176 (58.89%)$5,274109 (37.44%)$5,694

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