Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,461, which is 86.11 % of all undergraduate students. 969 students which is 33.89% of undergraduate students received federal student loans and the average loan amount is $7,159.

For full-time, first-time beginning students (freshmen), 87.22% of students received grants or scholarships and 38% 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 Oberlin College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,461, which is 86.11 % of all undergraduate students. 969 students which is 33.89% of undergraduate students received federal student loans and the average loan amount is $7,159.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,465 (85%)$23,486310 (11%)$4,0201,018 (35%)$6,898
2014-152,502 (84%)$24,580283 (10%)$4,2321,026 (35%)$7,128
2015-162,452 (84%)$25,854254 (9%)$4,352990 (34%)$6,991
2016-172,460 (85%)$27,415255 (9%)$4,217978 (34%)$6,882
2017-182,412 (85%)$28,899265 (9%)$4,2871,019 (36%)$6,867
2018-192,357 (85%)$30,750255 (9%)$4,374973 (35%)$6,195
2019-202,467 (87%)$32,885263 (9%)$4,6861,035 (36%)$11,209
2020-212,320 (88%)$34,143241 (9%)$4,909715 (27%)$6,005
2021-222,713 (92%)$35,509271 (9%)$4,878968 (33%)$6,255
Average2,461 (86.11%)$29,280266 (9.33%)$4,439969 (33.89%)$7,159
*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, 678 (87.22 % of students) received grants or scholarships and its average amount is $29,294. It can cover 45.31% of tuition & fees ($64,646).

In addition, 297 (38.44 % of students) students get helped from the students loans (average amount : $5,499).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14672 (86%)$23,211291 (37%)$5,921
2014-15655 (82%)$23,846299 (38%)$6,025
2015-16664 (86%)$24,765293 (38%)$5,945
2016-17632 (83%)$28,876313 (41%)$5,685
2017-18627 (86%)$27,901300 (41%)$5,884
2018-19694 (86%)$31,024302 (38%)$5,013
2019-20678 (85%)$34,379304 (38%)$4,925
2020-21631 (93%)$34,607260 (38%)$5,077
2021-22849 (98%)$35,040315 (37%)$5,013
Average678 (87.22%)$29,294297 (38.44%)$5,499
*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, 70 (9.00 % of students) received Pell (federal) grants and its average amount is $4,486.

In addition, 9 students received State/local government grants/scholarships (1.25 % 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
2013-1469 (9%)$4,36262 (8%)$1,97612 (2%)$1,207671 (86%)$22,592
2014-1569 (9%)$4,03367 (8%)$1,9384 (1%)$2,054654 (82%)$23,246
2015-1670 (9%)$4,37563 (8%)$1,9527 (1%)$1,705664 (86%)$24,100
2016-1782 (11%)$3,88175 (10%)$1,99016 (2%)$1,607632 (83%)$28,095
2017-1862 (9%)$4,51856 (8%)$2,0327 (1%)$2,089626 (86%)$27,293
2018-1968 (8%)$4,50762 (8%)$1,9868 (1%)$2,191694 (86%)$30,380
2019-2078 (10%)$4,74575 (9%)$1,98911 (1%)$2,730678 (85%)$33,569
2020-2157 (8%)$5,13155 (8%)$1,9748 (1%)$3,129631 (93%)$33,931
2021-2273 (8%)$4,81867 (8%)$1,9624 (0%)$3,700848 (98%)$34,494
Average70 (9.00%)$4,48665 (8.33%)$1,9789 (1.25%)$2,268678 (87.22%)$28,633
*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, 297 (38.44 % of students) get any students loan help and its average loan amount is $297.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14291 (37%)$5,921266 (34%)$6,08725 (3%)$4,162
2014-15299 (38%)$6,025287 (36%)$6,11312 (2%)$3,917
2015-16293 (38%)$5,945268 (35%)$6,09925 (3%)$4,296
2016-17313 (41%)$5,685294 (39%)$5,76819 (2%)$4,390
2017-18300 (41%)$5,884280 (39%)$5,99120 (3%)$4,375
2018-19302 (38%)$5,013282 (35%)$5,04920 (2%)$4,500
2019-20304 (38%)$4,925281 (35%)$4,96823 (3%)$4,402
2020-21260 (38%)$5,077233 (34%)$5,14227 (4%)$4,519
2021-22315 (37%)$5,013271 (31%)$5,10944 (5%)$4,420
Average297 (38.44%)$5,499274 (35.33%)$5,59224 (3.00%)$4,331

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