Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $38,296 and the average loan amount is $6,107. The average financial aid amount is 67.22% of tuition & fees (tuition & fees: $56,970).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,926 98%$112,052,633$38,296
Pell Grants598 20%$2,957,448$4,946
Federal Students Loans1,353 45%$8,262,899$6,107

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), 751 students have received one or more types of financial aid at St Olaf College.
The average amount of federal, state, local or institutional grant aid is $40,399 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,527.
The following table shows the financial data by type of aid at St Olaf College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid75199%--
Grant or scholarship aid751 99%$30,339,881$40,399
Federal Grants167 22%$1,124,817$6,735
Pell Grants167 22%$989,116$5,923
Other Federal Grants52 7%$135,701$2,610
State/Local Grants117 15%$721,772$6,169
Institutional Grants751 99%$28,493,292$37,940
Student Loans345 46%$2,251,929$6,527
Federal Student Loans324 43%$1,621,561$5,005
Other Student Loans56 7%$630,368$11,257