Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $31,528 and the average loan amount is $6,574. The average financial aid amount is 65.68% of tuition & fees (tuition & fees: $48,002).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,477 98%$46,566,913$31,528
Pell Grants285 19%$1,340,586$4,704
Federal Students Loans895 60%$5,884,177$6,574

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), 343 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 $30,787 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,272.
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 Aid343100%--
Grant or scholarship aid343 100%$10,559,841$30,787
Federal Grants66 19%$365,587$5,539
Pell Grants66 19%$317,087$4,804
Other Federal Grants33 10%$48,500$1,470
State/Local Grants263 77%$996,000$3,787
Institutional Grants339 99%$9,198,254$27,133
Student Loans210 61%$1,107,074$5,272
Federal Student Loans210 61%$1,107,074$5,272
Other Student Loans0 0%$0$0