Scholarships, Grants, and Loan Trends at Alaska Career

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 456, which is 79.33 % of all undergraduate students. 419 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $7,143.
For full-time, first-time beginning students (freshmen), 69.11% of students received grants or scholarships and 70% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alaska Career College since 2013.
For that period, the average number of students who received grants aid/scholarships is 456, which is 79.33 % of all undergraduate students. 419 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $7,143.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14427 (88%)$5,449344 (71%)$5,638382 (79%)$9,595
2014-15498 (86%)$5,911419 (72%)$4,117464 (80%)$6,835
2015-16571 (88%)$5,737479 (74%)$5,135512 (79%)$6,822
2016-17532 (84%)$5,319447 (70%)$4,456487 (76%)$6,713
2017-18504 (86%)$5,784434 (74%)$4,767481 (82%)$7,542
2018-19436 (72%)$5,475405 (67%)$5,014429 (71%)$6,701
2019-20426 (72%)$5,890398 (67%)$5,618391 (66%)$7,330
2020-21384 (69%)$6,479354 (64%)$5,325342 (62%)$6,276
2021-22327 (69%)$6,568298 (63%)$5,512284 (60%)$6,473
Average456 (79.33%)$5,846398 (69.11%)$5,065419 (72.78%)$7,143

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 255 (69.11 % of students) received grants or scholarships and its average amount is $5,267. It can cover 31.84% of tuition & fees ($16,545).
In addition, 256 (69.56 % of students) students get helped from the students loans (average amount : $6,213).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14253 (74%)$5,531258 (75%)$4,619
2014-15267 (81%)$5,377263 (80%)$4,900
2015-16336 (83%)$5,141327 (81%)$5,700
2016-17317 (75%)$4,572286 (68%)$6,577
2017-18265 (77%)$5,042259 (75%)$6,260
2018-19209 (56%)$5,300264 (70%)$6,338
2019-20232 (58%)$5,373241 (61%)$7,061
2020-21218 (57%)$5,539219 (57%)$7,364
2021-22196 (61%)$5,531189 (59%)$7,102
Average255 (69.11%)$5,267256 (69.56%)$6,213
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 216 (58.44 % of students) received Pell (federal) grants and its average amount is $5,376.
In addition, 18 students received State/local government grants/scholarships (4.67 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14212 (62%)$5,59817 (5%)$5,13419 (6%)$6,4855 (1%)$415
2014-15217 (66%)$5,57124 (7%)$5,37918 (5%)$5,2758 (2%)$341
2015-16268 (66%)$5,39533 (8%)$5,19321 (5%)$4,99514 (3%)$375
2016-17287 (68%)$4,62411 (3%)$4,32214 (3%)$5,1765 (1%)$427
2017-18214 (62%)$5,16820 (6%)$4,74122 (6%)$5,9859 (3%)$417
2018-19179 (48%)$5,3188 (2%)$4,96316 (4%)$7,0666 (2%)$500
2019-20206 (52%)$5,4327 (2%)$4,84314 (4%)$6,5085 (1%)$500
2020-21189 (49%)$5,5434 (1%)$5,30421 (5%)$6,5114 (1%)$500
2021-22168 (53%)$5,7365 (2%)$5,50314 (4%)$6,3159 (3%)$500
Average216 (58.44%)$5,37614 (4.00%)$5,04218 (4.67%)$6,0357 (1.89%)$442
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 256 (69.56 % of students) get any students loan help and its average loan amount is $256.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14258 (75%)$4,619241 (70%)$4,72117 (5%)$3,175
2014-15263 (80%)$4,900258 (78%)$4,9285 (2%)$3,437
2015-16327 (81%)$5,700319 (79%)$5,7738 (2%)$2,799
2016-17286 (68%)$6,577278 (66%)$6,6978 (2%)$2,419
2017-18259 (75%)$6,260247 (72%)$6,44612 (3%)$2,421
2018-19264 (70%)$6,338249 (66%)$6,58715 (4%)$2,208
2019-20241 (61%)$7,061229 (58%)$7,29312 (3%)$2,639
2020-21219 (57%)$7,364212 (55%)$7,4977 (2%)$3,345
2021-22189 (59%)$7,102181 (57%)$7,2538 (3%)$3,686
Average256 (69.56%)$6,213246 (66.78%)$6,35510 (2.89%)$2,903
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