Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,579, which is 94.33 % of all undergraduate students. 1,126 students which is 67.22% of undergraduate students received federal student loans and the average loan amount is $6,623.

For full-time, first-time beginning students (freshmen), 97.33% of students received grants or scholarships and 73% 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 Wheaton College (Massachusetts) since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,579, which is 94.33 % of all undergraduate students. 1,126 students which is 67.22% of undergraduate students received federal student loans and the average loan amount is $6,623.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,405 (85%)$25,793350 (21%)$4,0731,047 (63%)$6,876
2014-151,400 (88%)$26,179316 (20%)$4,0711,081 (68%)$6,830
2015-161,448 (91%)$26,734320 (20%)$4,4251,071 (67%)$6,814
2016-171,563 (95%)$28,640315 (19%)$4,3621,046 (64%)$6,778
2017-181,624 (97%)$30,277352 (21%)$4,4261,149 (68%)$6,761
2018-191,701 (97%)$33,751366 (21%)$4,6471,243 (71%)$6,534
2019-201,731 (98%)$36,700349 (20%)$4,5801,225 (69%)$6,631
2020-211,649 (99%)$37,149346 (21%)$4,7121,002 (60%)$6,099
2021-221,686 (99%)$39,088364 (21%)$4,6131,273 (75%)$6,288
Average1,579 (94.33%)$31,590342 (20.44%)$4,4341,126 (67.22%)$6,623
*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, 457 (97.33 % of students) received grants or scholarships and its average amount is $34,033. It can cover 54.82% of tuition & fees ($62,080).

In addition, 341 (72.67 % of students) students get helped from the students loans (average amount : $7,727).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14422 (92%)$24,334328 (72%)$7,283
2014-15410 (97%)$25,962324 (77%)$7,262
2015-16398 (95%)$28,990303 (73%)$7,101
2016-17520 (98%)$31,592391 (74%)$7,202
2017-18490 (98%)$32,480343 (68%)$7,888
2018-19489 (99%)$38,167377 (76%)$8,324
2019-20447 (99%)$41,949339 (75%)$8,288
2020-21457 (100%)$41,156272 (60%)$8,550
2021-22484 (98%)$41,665392 (79%)$7,647
Average457 (97.33%)$34,033341 (72.67%)$7,727
*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, 94 (20.33 % of students) received Pell (federal) grants and its average amount is $4,489.

In addition, 70 students received State/local government grants/scholarships (15.00 % 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
2013-1483 (18%)$4,13170 (15%)$1,24372 (16%)$1,942422 (92%)$22,984
2014-1590 (21%)$3,91081 (19%)$1,26868 (16%)$1,978409 (97%)$24,585
2015-16100 (24%)$4,88384 (20%)$1,33667 (16%)$2,529398 (95%)$27,055
2016-1793 (18%)$4,26475 (14%)$1,14770 (13%)$2,298520 (98%)$30,354
2017-1886 (17%)$4,25350 (10%)$1,24066 (13%)$2,143490 (98%)$31,318
2018-19100 (20%)$4,62085 (17%)$1,15486 (17%)$1,689489 (99%)$36,725
2019-2097 (22%)$4,83182 (18%)$1,85471 (16%)$2,746447 (99%)$40,124
2020-21103 (23%)$4,63391 (20%)$1,36163 (14%)$2,358457 (100%)$39,515
2021-2298 (20%)$4,87982 (17%)$1,54771 (14%)$2,544481 (97%)$40,291
Average94 (20.33%)$4,48978 (16.67%)$1,35070 (15.00%)$2,247457 (97.22%)$32,550
*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, 341 (72.67 % of students) get any students loan help and its average loan amount is $341.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14328 (72%)$7,283328 (72%)$6,12823 (5%)$16,477
2014-15324 (77%)$7,262324 (77%)$5,69038 (9%)$13,406
2015-16303 (73%)$7,101302 (72%)$5,65529 (7%)$15,304
2016-17391 (74%)$7,202391 (74%)$5,79435 (7%)$15,735
2017-18343 (68%)$7,888342 (68%)$5,27164 (13%)$14,107
2018-19377 (76%)$8,324377 (76%)$5,38069 (14%)$16,084
2019-20339 (75%)$8,288336 (75%)$5,38867 (15%)$14,917
2020-21272 (60%)$8,550264 (58%)$5,07864 (14%)$15,391
2021-22392 (79%)$7,647392 (79%)$5,15856 (11%)$17,418
Average341 (72.67%)$7,727340 (72.33%)$5,50549 (10.56%)$15,427

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