Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $43,476 and the average loan amount is $4,939. The average financial aid amount is 67.03% of tuition & fees (tuition & fees: $64,862).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,551 89%$67,430,555$43,476
Pell Grants304 17%$1,498,431$4,929
Federal Students Loans224 13%$1,106,234$4,939

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), 429 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 $42,231 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,707.
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 Aid42991%--
Grant or scholarship aid429 91%$18,116,952$42,231
Federal Grants79 17%$563,554$7,134
Pell Grants79 17%$398,358$5,043
Other Federal Grants42 9%$165,196$3,933
State/Local Grants11 2%$72,019$6,547
Institutional Grants429 91%$17,481,379$40,749
Student Loans69 15%$531,803$7,707
Federal Student Loans64 14%$312,384$4,881
Other Student Loans21 4%$219,419$10,449