Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,283, which is 97.78 % of all undergraduate students. 802 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $6,927.

For full-time, first-time beginning students (freshmen), 98.78% 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 Knox College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,283, which is 97.78 % of all undergraduate students. 802 students which is 60.78% of undergraduate students received federal student loans and the average loan amount is $6,927.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,390 (98%)$23,363414 (29%)$4,284883 (62%)$7,322
2014-151,359 (97%)$24,961464 (33%)$4,436882 (63%)$7,307
2015-161,352 (97%)$26,648455 (33%)$4,382873 (62%)$7,101
2016-171,321 (97%)$27,952442 (33%)$4,370855 (63%)$7,111
2017-181,338 (99%)$31,881445 (33%)$4,462829 (61%)$7,142
2018-191,295 (97%)$31,578448 (34%)$4,589808 (61%)$6,766
2019-201,204 (96%)$33,976399 (32%)$4,705732 (58%)$6,619
2020-211,141 (99%)$34,317367 (32%)$4,930692 (60%)$6,537
2021-221,151 (100%)$36,537345 (30%)$4,915664 (57%)$6,434
Average1,283 (97.78%)$30,135420 (32.11%)$4,564802 (60.78%)$6,927
*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, 334 (98.78 % of students) received grants or scholarships and its average amount is $32,195. It can cover 57.92% of tuition & fees ($55,587).

In addition, 214 (63.11 % of students) students get helped from the students loans (average amount : $7,223).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14377 (99%)$25,565254 (67%)$7,601
2014-15355 (98%)$28,045238 (66%)$7,649
2015-16379 (98%)$29,335245 (63%)$7,022
2016-17338 (97%)$29,331211 (61%)$7,157
2017-18356 (99%)$31,815234 (65%)$7,301
2018-19343 (99%)$34,798212 (61%)$6,829
2019-20318 (99%)$37,115187 (58%)$6,839
2020-21274 (100%)$36,738186 (68%)$8,094
2021-22270 (100%)$37,015158 (59%)$6,511
Average334 (98.78%)$32,195214 (63.11%)$7,223
*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, 113 (33.22 % of students) received Pell (federal) grants and its average amount is $4,535.

In addition, 79 students received State/local government grants/scholarships (22.67 % 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
2013-14129 (34%)$4,235127 (33%)$49195 (25%)$4,621377 (99%)$22,786
2014-15139 (38%)$4,688137 (38%)$498110 (30%)$4,577354 (98%)$24,669
2015-16138 (36%)$4,325138 (36%)$50797 (25%)$4,574377 (98%)$26,545
2016-17102 (29%)$4,322102 (29%)$50285 (24%)$4,418338 (97%)$26,764
2017-18114 (32%)$4,410114 (32%)$58487 (24%)$4,556356 (99%)$29,103
2018-19127 (37%)$4,570127 (37%)$48984 (24%)$4,483343 (99%)$31,827
2019-2099 (31%)$5,00099 (31%)$51359 (18%)$5,377318 (99%)$34,402
2020-2195 (35%)$4,74195 (35%)$49153 (19%)$4,971274 (100%)$33,962
2021-2272 (27%)$4,52472 (27%)$51740 (15%)$5,445270 (100%)$34,864
Average113 (33.22%)$4,535112 (33.11%)$51079 (22.67%)$4,780334 (98.78%)$29,436
*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, 214 (63.11 % of students) get any students loan help and its average loan amount is $214.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14254 (67%)$7,601254 (67%)$6,66017 (4%)$14,054
2014-15238 (66%)$7,649238 (66%)$6,80217 (5%)$11,861
2015-16245 (63%)$7,022244 (63%)$6,43418 (5%)$8,361
2016-17211 (61%)$7,157209 (60%)$6,35714 (4%)$12,968
2017-18234 (65%)$7,301231 (65%)$6,42621 (6%)$10,674
2018-19212 (61%)$6,829211 (61%)$5,39427 (8%)$11,468
2019-20187 (58%)$6,839184 (58%)$5,24922 (7%)$14,226
2020-21186 (68%)$8,094184 (67%)$6,45421 (8%)$15,133
2021-22158 (59%)$6,511156 (58%)$5,23015 (6%)$14,194
Average214 (63.11%)$7,223212 (62.78%)$6,11219 (5.89%)$12,549

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