Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,842, which is 92.44 % of all undergraduate students. 655 students which is 32.78% of undergraduate students received federal student loans and the average loan amount is $6,395.

For full-time, first-time beginning students (freshmen), 94.56% of students received grants or scholarships and 43% 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 Rhodes College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,842, which is 92.44 % of all undergraduate students. 655 students which is 32.78% of undergraduate students received federal student loans and the average loan amount is $6,395.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,840 (91%)$22,891275 (14%)$4,532713 (35%)$6,932
2014-151,860 (92%)$23,867279 (14%)$4,444803 (40%)$6,889
2015-161,879 (92%)$25,431264 (13%)$4,473751 (37%)$6,450
2016-171,836 (92%)$27,146251 (13%)$4,538727 (36%)$6,380
2017-181,837 (92%)$28,874283 (14%)$4,576665 (33%)$6,257
2018-191,860 (93%)$30,517258 (13%)$4,859642 (32%)$6,235
2019-201,834 (93%)$32,184281 (14%)$4,812610 (31%)$6,209
2020-211,725 (94%)$33,407283 (15%)$5,092477 (26%)$6,180
2021-221,905 (93%)$35,050279 (14%)$5,105508 (25%)$6,023
Average1,842 (92.44%)$28,819273 (13.78%)$4,715655 (32.78%)$6,395
*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, 497 (94.56 % of students) received grants or scholarships and its average amount is $30,768. It can cover 56.05% of tuition & fees ($54,892).

In addition, 224 (42.89 % of students) students get helped from the students loans (average amount : $6,458).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14493 (90%)$24,520228 (42%)$6,387
2014-15473 (93%)$25,584254 (50%)$5,876
2015-16526 (94%)$27,458257 (46%)$6,437
2016-17480 (95%)$30,234233 (46%)$6,303
2017-18488 (95%)$31,293220 (43%)$6,689
2018-19515 (95%)$32,069226 (42%)$5,871
2019-20493 (95%)$34,433206 (40%)$7,199
2020-21427 (97%)$35,607174 (40%)$5,914
2021-22577 (97%)$35,712217 (37%)$7,444
Average497 (94.56%)$30,768224 (42.89%)$6,458
*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, 77 (14.78 % of students) received Pell (federal) grants and its average amount is $4,628.

In addition, 136 students received State/local government grants/scholarships (25.89 % 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
2013-1478 (14%)$4,37577 (14%)$1,500135 (25%)$4,937482 (88%)$22,749
2014-1580 (16%)$4,38278 (15%)$1,500114 (22%)$4,804466 (92%)$23,790
2015-1671 (13%)$4,47570 (12%)$1,500135 (24%)$4,641516 (92%)$25,957
2016-1775 (15%)$4,47276 (15%)$1,499142 (28%)$4,601476 (94%)$28,171
2017-1880 (16%)$4,46079 (15%)$1,500153 (30%)$4,818480 (94%)$29,289
2018-1971 (13%)$4,88571 (13%)$1,496145 (27%)$4,671507 (93%)$30,345
2019-2092 (18%)$4,78692 (18%)$1,495137 (26%)$4,829487 (94%)$32,312
2020-2172 (16%)$4,90572 (16%)$1,500107 (24%)$5,085426 (97%)$33,331
2021-2271 (12%)$4,91371 (12%)$1,479160 (27%)$5,010572 (97%)$33,829
Average77 (14.78%)$4,62876 (14.44%)$1,497136 (25.89%)$4,822490 (93.44%)$28,864
*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, 224 (42.89 % of students) get any students loan help and its average loan amount is $224.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14228 (42%)$6,387225 (41%)$5,33214 (3%)$18,326
2014-15254 (50%)$5,876253 (50%)$5,4278 (2%)$14,928
2015-16257 (46%)$6,437254 (45%)$5,28316 (3%)$19,518
2016-17233 (46%)$6,303232 (46%)$5,25115 (3%)$16,691
2017-18220 (43%)$6,689218 (43%)$5,34518 (4%)$17,022
2018-19226 (42%)$5,871225 (41%)$5,1589 (2%)$18,481
2019-20206 (40%)$7,199202 (39%)$5,21520 (4%)$21,480
2020-21174 (40%)$5,914172 (39%)$5,2895 (1%)$23,867
2021-22217 (37%)$7,444214 (36%)$5,24223 (4%)$21,465
Average224 (42.89%)$6,458222 (42.22%)$5,28214 (2.89%)$19,086

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