Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $33,281 and the average loan amount is $6,446. The average financial aid amount is 69.33% of tuition & fees (tuition & fees: $48,002).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,460 98%$48,590,363$33,281
Pell Grants301 20%$1,441,909$4,790
Federal Students Loans867 58%$5,588,715$6,446

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), 414 students have received one or more types of financial aid at Randolph-Macon College.
The average amount of federal, state, local or institutional grant aid is $32,348 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,009.
The following table shows the financial data by type of aid at Randolph-Macon College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid414100%--
Grant or scholarship aid414 100%$13,391,920$32,348
Federal Grants90 22%$525,073$5,834
Pell Grants90 22%$436,850$4,854
Other Federal Grants38 9%$88,223$2,322
State/Local Grants315 76%$1,348,750$4,282
Institutional Grants410 99%$11,518,097$28,093
Student Loans258 62%$2,066,278$8,009
Federal Student Loans252 61%$1,312,812$5,210
Other Student Loans43 10%$753,466$17,522