Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,440, which is 99.22 % of all undergraduate students. 910 students which is 62.89% of undergraduate students received federal student loans and the average loan amount is $6,924.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 65% 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 Randolph-Macon College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,440, which is 99.22 % of all undergraduate students. 910 students which is 62.89% of undergraduate students received federal student loans and the average loan amount is $6,924.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,290 (100%)$21,997322 (25%)$4,180911 (70%)$7,203
2014-151,380 (99%)$23,203333 (24%)$4,200934 (67%)$7,337
2015-161,402 (100%)$24,603328 (23%)$4,069910 (65%)$7,259
2016-171,425 (99%)$25,750328 (23%)$4,118901 (62%)$7,531
2017-181,437 (99%)$26,787315 (22%)$4,252901 (62%)$6,632
2018-191,472 (99%)$27,942301 (20%)$4,331893 (60%)$6,571
2019-201,537 (100%)$29,487324 (21%)$4,249934 (61%)$6,632
2020-211,540 (99%)$30,863296 (19%)$4,776913 (59%)$6,578
2021-221,477 (98%)$31,528285 (19%)$4,704895 (60%)$6,574
Average1,440 (99.22%)$26,907315 (21.78%)$4,320910 (62.89%)$6,924
*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, 402 (100.00 % of students) received grants or scholarships and its average amount is $26,601. It can cover 55.42% of tuition & fees ($48,002).

In addition, 260 (64.78 % of students) students get helped from the students loans (average amount : $7,955).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14381 (100%)$21,156261 (69%)$8,746
2014-15426 (100%)$22,596287 (67%)$8,740
2015-16404 (100%)$24,374259 (64%)$8,856
2016-17396 (100%)$25,338259 (65%)$8,360
2017-18374 (100%)$26,216254 (68%)$6,958
2018-19420 (100%)$27,640260 (62%)$7,203
2019-20431 (100%)$30,524283 (66%)$8,459
2020-21439 (100%)$30,777269 (61%)$9,002
2021-22343 (100%)$30,787210 (61%)$5,272
Average402 (100.00%)$26,601260 (64.78%)$7,955
*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, 87 (21.67 % of students) received Pell (federal) grants and its average amount is $4,323.

In addition, 301 students received State/local government grants/scholarships (75.00 % 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
2013-1490 (24%)$4,14520 (5%)$1,075286 (75%)$2,991380 (100%)$17,923
2014-15105 (25%)$4,08326 (6%)$1,430312 (73%)$2,953426 (100%)$19,340
2015-1691 (23%)$4,08933 (8%)$1,143295 (73%)$3,025404 (100%)$21,151
2016-1782 (21%)$3,89122 (6%)$1,101284 (72%)$3,115396 (100%)$22,237
2017-1884 (22%)$4,20149 (13%)$1,212272 (73%)$3,197374 (100%)$22,789
2018-1983 (20%)$4,25329 (7%)$1,629322 (77%)$3,148420 (100%)$24,273
2019-2094 (22%)$4,42634 (8%)$1,485345 (80%)$3,305431 (100%)$26,796
2020-2185 (19%)$5,01242 (10%)$2,712329 (75%)$3,633439 (100%)$26,825
2021-2266 (19%)$4,80433 (10%)$1,470263 (77%)$3,787339 (99%)$27,133
Average87 (21.67%)$4,32332 (8.11%)$1,473301 (75.00%)$3,239401 (99.89%)$23,163
*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, 260 (64.78 % of students) get any students loan help and its average loan amount is $260.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14261 (69%)$8,746258 (68%)$6,44142 (11%)$14,782
2014-15287 (67%)$8,740286 (67%)$6,82338 (9%)$14,658
2015-16259 (64%)$8,856253 (63%)$6,87138 (9%)$14,612
2016-17259 (65%)$8,360252 (64%)$6,63340 (10%)$12,342
2017-18254 (68%)$6,958250 (67%)$5,39431 (8%)$13,509
2018-19260 (62%)$7,203252 (60%)$5,33949 (12%)$10,763
2019-20283 (66%)$8,459280 (65%)$5,48052 (12%)$16,525
2020-21269 (61%)$9,002263 (60%)$5,38458 (13%)$17,336
2021-22210 (61%)$5,272210 (61%)$5,272--
Average260 (64.78%)$7,955256 (63.89%)$5,96044 (10.50%)$14,316

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