Financial Aid at SRC

Average Amount Received	% Received Financial Aid
$5,362	78%

995 students (78% of total 1,273 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Spoon River College.

The average amount of the aid awarded is $5,362. For the first-time, full-time beginning students (freshmen), 98% of total 126 enrolled students have received any kind of financial aid and its average amount of aid received is $6,130.

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All Undergraduate Financial Aid

At Spoon River College, 995 undergraduate students (78% of total 1,273 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $5,362.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	995	78%	$5,334,770	$5,362
Pell Grants	385	30%	$1,752,831	$4,553
Federal Student Loan	127	10%	$554,859	$4,369

Beginning Undergraduate Students (Freshmen) Financial Aid

124 beginning undergraduate students (98% of total 126 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Spoon River College. The average amount of aid received is $6,130.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	124	98%	-	-
Grants or Scholarships	123	98%	$754,008	$6,130
Federal Grants	121	96%	$554,412	$4,582
Pell Grants	63	50%	$299,512	$4,754
Other Federal Grants	114	90%	$254,900	$2,236
State/Local Grants	54	43%	$101,480	$1,879
Institutional Grants	55	44%	$98,116	$1,784
Student Loan Aid	23	18%	$108,053	$4,698
Federal Student Loans	23	18%	$100,253	$4,359
Other Student Loans	1	1%	$7,800	$7,800

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Spoon River College.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	74	63	$393,000	$5,311
0-30,000	28	28	$187,867	$6,710
30,001-48,000	11	11	$94,788	$8,617
48,001-75,000	18	17	$86,609	$4,812
75,001-110,000	7	2	$4,633	$662
110,001 or more	10	5	$19,103	$1,910

Financial Aid at SRC

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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