Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 938, which is 51.56 % of all undergraduate students. 307 students which is 16.89% of undergraduate students received federal student loans and the average loan amount is $6,100.

For full-time, first-time beginning students (freshmen), 50.67% 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 Bowdoin College since 2013.

For that period, the average number of students who received grants aid/scholarships is 938, which is 51.56 % of all undergraduate students. 307 students which is 16.89% of undergraduate students received federal student loans and the average loan amount is $6,100.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14916 (51%)$34,789255 (14%)$4,320376 (21%)$6,052
2014-15898 (50%)$35,802260 (14%)$4,369354 (20%)$6,221
2015-16892 (50%)$37,616251 (14%)$4,414350 (19%)$6,483
2016-17902 (50%)$38,696241 (13%)$4,662342 (19%)$6,659
2017-18899 (50%)$41,967263 (14%)$4,718329 (18%)$6,481
2018-19953 (52%)$44,632284 (16%)$4,860322 (18%)$5,632
2019-20960 (52%)$46,432286 (16%)$5,137301 (16%)$5,788
2020-21991 (56%)$44,910308 (17%)$5,083191 (11%)$5,835
2021-221,027 (53%)$50,865304 (16%)$5,255199 (10%)$5,746
Average938 (51.56%)$41,745272 (14.89%)$4,758307 (16.89%)$6,100
*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, 253 (50.67 % of students) received grants or scholarships and its average amount is $43,645. It can cover 67.24% of tuition & fees ($64,910).

In addition, 79 (15.67 % of students) students get helped from the students loans (average amount : $7,749).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14237 (48%)$37,61176 (15%)$5,726
2014-15235 (47%)$38,49492 (18%)$7,103
2015-16245 (49%)$38,55295 (19%)$8,062
2016-17240 (48%)$41,14391 (18%)$7,550
2017-18272 (54%)$43,23989 (18%)$7,044
2018-19267 (52%)$46,90285 (17%)$8,216
2019-20261 (52%)$48,17877 (15%)$9,571
2020-21249 (54%)$45,15352 (11%)$5,961
2021-22267 (52%)$53,53450 (10%)$10,512
Average253 (50.67%)$43,64579 (15.67%)$7,749
*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, 75 (15.00 % of students) received Pell (federal) grants and its average amount is $4,802.

In addition, 11 students received State/local government grants/scholarships (2.11 % 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
2013-1468 (14%)$4,39444 (9%)$3,97815 (3%)$620237 (48%)$35,572
2014-1572 (14%)$4,28032 (6%)$4,00013 (3%)$900235 (47%)$36,588
2015-1669 (14%)$4,48837 (7%)$3,96710 (2%)$1,465245 (49%)$36,630
2016-1771 (14%)$4,82149 (10%)$3,24512 (2%)$1,629240 (48%)$38,973
2017-1880 (16%)$4,62539 (8%)$3,00011 (2%)$1,382262 (52%)$42,972
2018-1982 (16%)$4,99036 (7%)$3,00017 (3%)$1,435260 (51%)$46,082
2019-2076 (15%)$5,31334 (7%)$2,9787 (1%)$1,500261 (52%)$46,203
2020-2174 (16%)$4,92533 (7%)$3,0008 (2%)$1,500248 (54%)$43,418
2021-2284 (16%)$5,37939 (8%)$3,0007 (1%)$2,286267 (52%)$51,343
Average75 (15.00%)$4,80238 (7.67%)$3,35211 (2.11%)$1,413251 (50.33%)$41,976
*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, 79 (15.67 % of students) get any students loan help and its average loan amount is $79.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1476 (15%)$5,72673 (15%)$5,0396 (1%)$11,228
2014-1592 (18%)$7,10388 (18%)$5,5109 (2%)$18,733
2015-1695 (19%)$8,06288 (18%)$5,84411 (2%)$22,880
2016-1791 (18%)$7,55089 (18%)$6,09710 (2%)$14,445
2017-1889 (18%)$7,04486 (17%)$5,2849 (2%)$19,167
2018-1985 (17%)$8,21677 (15%)$4,54716 (3%)$21,766
2019-2077 (15%)$9,57172 (14%)$4,89917 (3%)$22,603
2020-2152 (11%)$5,96152 (11%)$4,7673 (1%)$20,700
2021-2250 (10%)$10,51244 (9%)$5,00811 (2%)$27,750
Average79 (15.67%)$7,74974 (15.00%)$5,22210 (2.00%)$19,919

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