Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $46,318 and the average loan amount is $5,643. The average financial aid amount is 71.41% of tuition & fees (tuition & fees: $64,862).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,549 88%$71,746,779$46,318
Pell Grants297 17%$1,569,361$5,284
Federal Students Loans204 12%$1,151,238$5,643

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 400 students have received one or more types of financial aid at Grinnell College.
The average amount of federal, state, local or institutional grant aid is $45,782 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,432.
The following table shows the financial data by type of aid at Grinnell College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid40092%--
Grant or scholarship aid400 92%$18,312,853$45,782
Federal Grants81 19%$528,245$6,522
Pell Grants81 19%$452,245$5,583
Other Federal Grants19 4%$76,000$4,000
State/Local Grants10 2%$75,000$7,500
Institutional Grants400 92%$17,709,608$44,274
Student Loans53 12%$393,873$7,432
Federal Student Loans52 12%$257,373$4,949
Other Student Loans18 4%$136,500$7,583