Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $35,509 and the average loan amount is $6,255. The average financial aid amount is 54.93% of tuition & fees (tuition & fees: $64,646).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,713 92%$96,335,404$35,509
Pell Grants271 9%$1,322,034$4,878
Federal Students Loans968 33%$6,054,927$6,255

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), 849 students have received one or more types of financial aid at Oberlin College.
The average amount of federal, state, local or institutional grant aid is $35,040 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,013.
The following table shows the financial data by type of aid at Oberlin College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid85098%--
Grant or scholarship aid849 98%$29,748,600$35,040
Federal Grants73 8%$483,204$6,619
Pell Grants73 8%$351,735$4,818
Other Federal Grants67 8%$131,469$1,962
State/Local Grants4 0%$14,800$3,700
Institutional Grants848 98%$29,250,596$34,494
Student Loans315 37%$1,579,027$5,013
Federal Student Loans271 31%$1,384,547$5,109
Other Student Loans44 5%$194,480$4,420