Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,059, which is 81.11 % of all undergraduate students. 1,008 students which is 75.22% of undergraduate students received federal student loans and the average loan amount is $8,617.

For full-time, first-time beginning students (freshmen), 87.78% of students received grants or scholarships and 97% 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 Massachusetts College of Liberal Arts since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,059, which is 81.11 % of all undergraduate students. 1,008 students which is 75.22% of undergraduate students received federal student loans and the average loan amount is $8,617.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,082 (70%)$6,130711 (46%)$3,9811,300 (85%)$6,566
2014-151,076 (69%)$6,022727 (47%)$4,0971,356 (87%)$6,495
2015-161,055 (72%)$6,415694 (48%)$4,0901,101 (76%)$9,124
2016-171,099 (76%)$6,210669 (46%)$3,9921,078 (75%)$9,050
2017-181,089 (77%)$6,254668 (47%)$4,1961,008 (72%)$9,525
2018-191,048 (82%)$7,062604 (47%)$4,343926 (73%)$9,432
2019-201,177 (88%)$7,422601 (45%)$4,327940 (70%)$9,661
2020-211,033 (96%)$7,408467 (43%)$4,533767 (71%)$9,034
2021-22869 (100%)$9,643378 (43%)$4,847593 (68%)$8,669
Average1,059 (81.11%)$6,952613 (45.78%)$4,2671,008 (75.22%)$8,617
*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, 228 (87.78 % of students) received grants or scholarships and its average amount is $7,445. It can cover 35.74% of tuition & fees ($20,829) based on out-of-state rate.

In addition, 255 (96.78 % of students) students get helped from the students loans (average amount : $5,240).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14213 (79%)$7,060260 (96%)$5,198
2014-15250 (71%)$6,368326 (93%)$5,583
2015-16211 (78%)$6,719260 (96%)$5,594
2016-17282 (87%)$6,637315 (97%)$5,175
2017-18251 (87%)$6,493282 (98%)$5,647
2018-19235 (91%)$7,761252 (98%)$4,791
2019-20279 (98%)$8,423276 (97%)$4,936
2020-21168 (99%)$8,496165 (97%)$4,884
2021-22164 (100%)$9,044162 (99%)$5,355
Average228 (87.78%)$7,445255 (96.78%)$5,240
*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, 123 (46.67 % of students) received Pell (federal) grants and its average amount is $4,538.

In addition, 106 students received State/local government grants/scholarships (39.89 % 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
2013-14125 (46%)$4,35851 (19%)$876117 (43%)$2,193201 (74%)$3,272
2014-15164 (47%)$4,49377 (22%)$936145 (41%)$1,641212 (60%)$2,571
2015-16121 (45%)$4,38753 (20%)$1,236101 (37%)$2,072178 (66%)$3,439
2016-17149 (46%)$4,31852 (16%)$1,036131 (40%)$1,435267 (82%)$3,695
2017-18132 (46%)$4,50748 (17%)$850124 (43%)$2,074225 (78%)$3,275
2018-19120 (47%)$4,75743 (17%)$277118 (46%)$2,290226 (88%)$4,296
2019-20145 (51%)$4,557163 (57%)$58097 (34%)$1,688274 (96%)$5,222
2020-2179 (46%)$4,686146 (86%)$1,02561 (36%)$2,379166 (98%)$4,592
2021-2276 (46%)$4,77940 (24%)$2,07264 (39%)$3,733164 (100%)$4,867
Average123 (46.67%)$4,53875 (30.89%)$988106 (39.89%)$2,167213 (82.44%)$3,914
*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, 255 (96.78 % of students) get any students loan help and its average loan amount is $255.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14260 (96%)$5,198260 (96%)$4,51632 (12%)$5,541
2014-15326 (93%)$5,583326 (93%)$4,93637 (11%)$5,698
2015-16260 (96%)$5,594260 (96%)$4,57938 (14%)$6,944
2016-17315 (97%)$5,175315 (97%)$4,48738 (12%)$5,705
2017-18282 (98%)$5,647282 (98%)$4,54836 (13%)$8,613
2018-19252 (98%)$4,791252 (98%)$4,04922 (9%)$8,503
2019-20276 (97%)$4,936276 (97%)$3,95527 (9%)$10,027
2020-21165 (97%)$4,884165 (97%)$3,73420 (12%)$9,492
2021-22162 (99%)$5,355162 (99%)$3,76124 (15%)$10,762
Average255 (96.78%)$5,240255 (96.78%)$4,28530 (11.89%)$7,921

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