Cost of college went up for all students at Grinnell College

Tuition and fees rose 4 percent for 2017-18 at Grinnell College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 4 percent for 2017-18 at Grinnell College, according to the latest disclosure from the U.S. Department of Education.

Iowa students paid $50,714 to attend the four-year private not-for-profit institution this year $1,956 more than the $48,758 charged for 2016-17.

Data shows 92 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 401 students received grants or scholarships totaling $12.47 million and 230 students took out student loans totaling more than $1.06 million.

Including all undergraduates, 1,535 students used grants or scholarships totaling $50.54 million. Another 718 took out $3.36 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~153
$45,620
$46,990
$48,758
$50,714
11.2%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Grinnell College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
86
19%
$450,793
$5,242
State / local grant or scholarship
17
4%
$86,140
$5,067
Institutional grants or scholarships
401
91%
$11,929,410
$29,749
Grant or scholarship aid total
401
91%
$12,466,343
$31,088
Federal student loans
186
42%
$709,721
$3,816
Other student loans
75
17%
$346,820
$4,624
Student loan aid
230
52%
$1,056,541
$4,594
Total student aid
408
92%

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