Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,105, which is 59.78 % of all undergraduate students. 371 students which is 20.00% of undergraduate students received federal student loans and the average loan amount is $6,052.

For full-time, first-time beginning students (freshmen), 57.22% of students received grants or scholarships and 21% 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 Washington and Lee University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,105, which is 59.78 % of all undergraduate students. 371 students which is 20.00% of undergraduate students received federal student loans and the average loan amount is $6,052.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,098 (59%)$35,915179 (10%)$4,098408 (22%)$6,675
2014-151,117 (59%)$37,228180 (10%)$3,910415 (22%)$6,302
2015-161,066 (57%)$37,083170 (9%)$4,063378 (20%)$6,137
2016-171,044 (57%)$38,405159 (9%)$4,356401 (22%)$5,957
2017-181,076 (59%)$40,813174 (10%)$4,444421 (23%)$5,853
2018-191,113 (61%)$42,893195 (11%)$4,344408 (22%)$5,835
2019-201,134 (61%)$46,111186 (10%)$4,561352 (19%)$5,926
2020-211,134 (62%)$48,468192 (11%)$4,733281 (15%)$5,866
2021-221,161 (63%)$50,487193 (10%)$4,808275 (15%)$5,920
Average1,105 (59.78%)$41,934181 (10.00%)$4,369371 (20.00%)$6,052
*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, 269 (57.22 % of students) received grants or scholarships and its average amount is $44,694. It can cover 69.27% of tuition & fees ($64,525).

In addition, 101 (21.33 % of students) students get helped from the students loans (average amount : $7,946).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14260 (54%)$37,87597 (20%)$8,457
2014-15261 (55%)$39,931104 (22%)$7,283
2015-16244 (54%)$38,483111 (24%)$5,897
2016-17267 (57%)$39,671116 (25%)$7,284
2017-18263 (56%)$45,232124 (26%)$6,892
2018-19292 (62%)$47,199101 (21%)$6,588
2019-20278 (60%)$46,75290 (19%)$8,923
2020-21259 (56%)$51,53779 (17%)$12,473
2021-22296 (61%)$55,56788 (18%)$7,714
Average269 (57.22%)$44,694101 (21.33%)$7,946
*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, 49 (10.44 % of students) received Pell (federal) grants and its average amount is $4,386.

In addition, 71 students received State/local government grants/scholarships (15.11 % 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
2013-1447 (10%)$3,76040 (8%)$1,80363 (13%)$2,894233 (49%)$40,413
2014-1550 (11%)$4,03844 (9%)$1,91467 (14%)$2,960230 (49%)$43,207
2015-1628 (6%)$4,03823 (5%)$2,01759 (13%)$3,134218 (48%)$41,494
2016-1740 (9%)$4,46139 (8%)$2,30884 (18%)$3,181242 (52%)$41,556
2017-1854 (11%)$4,59246 (10%)$2,35263 (13%)$3,255245 (52%)$46,265
2018-1964 (14%)$4,17852 (11%)$2,24078 (16%)$3,270268 (57%)$49,042
2019-2051 (11%)$4,75646 (10%)$2,48990 (19%)$3,376240 (52%)$51,401
2020-2146 (10%)$4,72338 (8%)$2,40859 (13%)$4,102238 (52%)$53,770
2021-2259 (12%)$4,92651 (11%)$2,67780 (17%)$4,206275 (57%)$57,034
Average49 (10.44%)$4,38642 (8.89%)$2,24571 (15.11%)$3,375243 (52.00%)$47,131
*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, 101 (21.33 % of students) get any students loan help and its average loan amount is $101.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1497 (20%)$8,45789 (19%)$5,66918 (4%)$17,543
2014-15104 (22%)$7,28399 (21%)$5,62012 (3%)$16,757
2015-16111 (24%)$5,897104 (23%)$5,13214 (3%)$8,638
2016-17116 (25%)$7,284108 (23%)$5,06518 (4%)$16,555
2017-18124 (26%)$6,892112 (24%)$4,85626 (6%)$11,952
2018-19101 (21%)$6,58894 (20%)$4,62619 (4%)$12,133
2019-2090 (19%)$8,92378 (17%)$4,75021 (5%)$20,597
2020-2179 (17%)$12,47361 (13%)$4,87827 (6%)$25,474
2021-2288 (18%)$7,71476 (16%)$5,25821 (4%)$13,298
Average101 (21.33%)$7,94691 (19.56%)$5,09520 (4.33%)$15,883

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