Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,388, which is 98.33 % of all undergraduate students. 937 students which is 66.22% of undergraduate students received federal student loans and the average loan amount is $6,765.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 70% 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 Loras College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,388, which is 98.33 % of all undergraduate students. 937 students which is 66.22% of undergraduate students received federal student loans and the average loan amount is $6,765.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,528 (98%)$16,897349 (22%)$3,7071,074 (69%)$7,028
2014-151,490 (100%)$18,403356 (24%)$3,8561,033 (69%)$6,990
2015-161,446 (99%)$19,878335 (23%)$4,0651,001 (68%)$6,855
2016-171,430 (98%)$20,858320 (22%)$4,149951 (65%)$7,015
2017-181,360 (97%)$21,654339 (24%)$4,190912 (65%)$7,105
2018-191,369 (98%)$22,335361 (26%)$4,314955 (69%)$6,535
2019-201,277 (96%)$22,630363 (27%)$4,198893 (67%)$6,439
2020-211,295 (99%)$23,657341 (26%)$4,433824 (63%)$6,534
2021-221,293 (100%)$23,265322 (25%)$4,393793 (61%)$6,387
Average1,388 (98.33%)$21,064343 (24.33%)$4,145937 (66.22%)$6,765
*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, 346 (100.00 % of students) received grants or scholarships and its average amount is $22,946. It can cover 59.91% of tuition & fees ($38,298).

In addition, 243 (69.89 % of students) students get helped from the students loans (average amount : $7,683).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14414 (100%)$18,742298 (72%)$7,467
2014-15374 (100%)$20,789269 (72%)$7,382
2015-16389 (100%)$21,931280 (72%)$8,107
2016-17328 (100%)$22,336227 (69%)$7,227
2017-18336 (100%)$23,014227 (68%)$7,390
2018-19360 (100%)$23,569278 (77%)$7,593
2019-20326 (100%)$23,827233 (71%)$8,443
2020-21294 (100%)$26,765191 (65%)$7,447
2021-22295 (100%)$25,538187 (63%)$8,092
Average346 (100.00%)$22,946243 (69.89%)$7,683
*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, 95 (27.44 % of students) received Pell (federal) grants and its average amount is $4,121.

In addition, 66 students received State/local government grants/scholarships (19.00 % 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
2013-14104 (25%)$3,796102 (25%)$53478 (19%)$4,114414 (100%)$16,882
2014-15105 (28%)$4,080104 (28%)$63757 (15%)$4,728374 (100%)$18,746
2015-16105 (27%)$4,351102 (26%)$60079 (20%)$5,347389 (100%)$19,514
2016-1777 (23%)$4,13673 (22%)$68261 (19%)$5,968328 (100%)$20,104
2017-1898 (29%)$4,06781 (24%)$73469 (21%)$5,673336 (100%)$20,486
2018-19113 (31%)$4,18576 (21%)$72383 (23%)$5,777360 (100%)$20,771
2019-2098 (30%)$3,935100 (31%)$1,86664 (20%)$5,802326 (100%)$20,932
2020-2193 (32%)$4,126244 (83%)$96356 (19%)$6,124294 (100%)$23,494
2021-2266 (22%)$4,414294 (100%)$1,21345 (15%)$6,407295 (100%)$22,364
Average95 (27.44%)$4,121131 (40.00%)$88466 (19.00%)$5,549346 (100.00%)$20,366
*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, 243 (69.89 % of students) get any students loan help and its average loan amount is $243.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14298 (72%)$7,467295 (71%)$6,14156 (14%)$7,383
2014-15269 (72%)$7,382268 (72%)$5,86874 (20%)$5,584
2015-16280 (72%)$8,107279 (72%)$5,934100 (26%)$6,142
2016-17227 (69%)$7,227226 (69%)$6,18129 (9%)$8,396
2017-18227 (68%)$7,390227 (68%)$5,97540 (12%)$8,029
2018-19278 (77%)$7,593278 (77%)$5,49759 (16%)$9,873
2019-20233 (71%)$8,443228 (70%)$5,181101 (31%)$7,782
2020-21191 (65%)$7,447187 (64%)$5,32050 (17%)$8,551
2021-22187 (63%)$8,092183 (62%)$5,24384 (28%)$6,591
Average243 (69.89%)$7,683241 (69.44%)$5,70466 (19.22%)$7,592

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