Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,502, which is 58.00 % of all undergraduate students. 731 students which is 28.44% of undergraduate students received federal student loans and the average loan amount is $5,611.

For full-time, first-time beginning students (freshmen), 56.44% of students received grants or scholarships and 32% 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 Lafayette College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,502, which is 58.00 % of all undergraduate students. 731 students which is 28.44% of undergraduate students received federal student loans and the average loan amount is $5,611.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,351 (54%)$31,450262 (11%)$4,152924 (37%)$6,354
2014-151,334 (53%)$33,456246 (10%)$4,362886 (35%)$6,606
2015-161,262 (50%)$35,024232 (9%)$4,418806 (32%)$6,538
2016-171,289 (51%)$37,068231 (9%)$4,612743 (29%)$6,191
2017-181,320 (51%)$39,418265 (10%)$4,618644 (25%)$5,295
2018-191,372 (52%)$41,987288 (11%)$4,709664 (25%)$5,047
2019-201,463 (55%)$42,748310 (12%)$4,842653 (25%)$4,846
2020-211,448 (58%)$36,325279 (11%)$4,898592 (24%)$4,834
2021-222,680 (98%)$25,351254 (9%)$5,172667 (24%)$4,788
Average1,502 (58.00%)$35,870263 (10.22%)$4,643731 (28.44%)$5,611
*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, 387 (56.44 % of students) received grants or scholarships and its average amount is $37,387. It can cover 60.47% of tuition & fees ($61,824).

In addition, 218 (32.11 % of students) students get helped from the students loans (average amount : $7,779).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14337 (53%)$32,731241 (38%)$7,281
2014-15296 (46%)$36,912217 (33%)$6,753
2015-16309 (46%)$37,472223 (33%)$8,493
2016-17340 (52%)$39,957231 (36%)$7,070
2017-18339 (50%)$41,785213 (31%)$6,179
2018-19359 (49%)$44,460228 (31%)$7,008
2019-20373 (53%)$43,518203 (29%)$8,941
2020-21368 (61%)$34,668175 (29%)$9,937
2021-22766 (98%)$24,981228 (29%)$8,349
Average387 (56.44%)$37,387218 (32.11%)$7,779
*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, 68 (9.89 % of students) received Pell (federal) grants and its average amount is $4,639.

In addition, 20 students received State/local government grants/scholarships (3.00 % 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
2013-1471 (11%)$4,17721 (3%)$4,00026 (4%)$2,987334 (53%)$31,653
2014-1553 (8%)$4,23319 (3%)$4,00018 (3%)$2,730295 (46%)$35,852
2015-1668 (10%)$4,48324 (4%)$4,00023 (3%)$3,432308 (46%)$36,036
2016-1765 (10%)$4,85926 (4%)$4,00026 (4%)$2,681339 (52%)$38,631
2017-1884 (12%)$4,41426 (4%)$3,94121 (3%)$3,196338 (50%)$40,310
2018-1976 (10%)$4,72832 (4%)$3,89116 (2%)$3,796357 (49%)$43,184
2019-2080 (11%)$4,966242 (35%)$1,38319 (3%)$3,007353 (51%)$43,748
2020-2159 (10%)$4,828247 (41%)$1,02819 (3%)$3,519355 (59%)$34,231
2021-2256 (7%)$5,063763 (98%)$71713 (2%)$2,609480 (61%)$38,065
Average68 (9.89%)$4,639156 (21.78%)$2,99620 (3.00%)$3,106351 (51.89%)$37,968
*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, 218 (32.11 % of students) get any students loan help and its average loan amount is $218.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14241 (38%)$7,281219 (34%)$5,25740 (6%)$15,086
2014-15217 (33%)$6,753196 (30%)$5,65036 (6%)$9,946
2015-16223 (33%)$8,493195 (29%)$5,74449 (7%)$15,794
2016-17231 (36%)$7,070201 (31%)$5,19648 (7%)$12,266
2017-18213 (31%)$6,179185 (27%)$4,39147 (7%)$10,717
2018-19228 (31%)$7,008196 (27%)$4,37953 (7%)$13,953
2019-20203 (29%)$8,941172 (25%)$4,22357 (8%)$19,100
2020-21175 (29%)$9,937159 (26%)$4,49143 (7%)$23,831
2021-22228 (29%)$8,349204 (26%)$4,35352 (7%)$19,529
Average218 (32.11%)$7,779192 (28.33%)$4,85447 (6.89%)$15,580

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