Scholarships, Grants, and Loan Trends at Allan Hancock

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,850, which is 61.78 % of all undergraduate students. 142 students which is 1.38% of undergraduate students received federal student loans and the average loan amount is $6,274.
For full-time, first-time beginning students (freshmen), 84.89% of students received grants or scholarships and 2% 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 Allan Hancock College since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,850, which is 61.78 % of all undergraduate students. 142 students which is 1.38% of undergraduate students received federal student loans and the average loan amount is $6,274.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,013 (64%)$2,4682,755 (25%)$3,534251 (2%)$6,254
2014-157,347 (67%)$2,4732,870 (26%)$3,524226 (2%)$6,144
2015-167,196 (66%)$2,5042,661 (24%)$3,539172 (2%)$5,830
2016-177,123 (59%)$2,5152,525 (21%)$3,494133 (1%)$6,319
2017-187,072 (60%)$2,6652,471 (21%)$3,764159 (1%)$6,036
2018-196,855 (61%)$2,7752,459 (22%)$3,856120 (1%)$6,547
2019-206,795 (57%)$3,0222,804 (24%)$3,914105 (1%)$6,499
2020-216,108 (60%)$3,3622,350 (23%)$3,99549 (0%)$6,748
2021-226,145 (62%)$3,2192,303 (23%)$3,90766 (1%)$6,086
Average6,850 (61.78%)$2,7782,578 (23.22%)$3,725142 (1.38%)$6,274

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

For the last 10 years, on average, 723 (84.89 % of students) received grants or scholarships and its average amount is $4,714. It can cover 52.42% of tuition & fees ($8,994) based on out-of-state rate.
In addition, 14 (2.00 % of students) students get helped from the students loans (average amount : $4,892).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14738 (80%)$4,52836 (4%)$5,434
2014-15692 (79%)$4,58723 (3%)$4,637
2015-16720 (83%)$4,58212 (1%)$5,313
2016-17756 (80%)$4,57124 (3%)$4,943
2017-18644 (84%)$5,29810 (1%)$3,878
2018-19889 (83%)$4,6875 (0%)$3,071
2019-20876 (86%)$4,89712 (1%)$4,611
2020-21535 (93%)$4,8982 (0%)$7,423
2021-22660 (96%)$4,3815 (1%)$4,721
Average723 (84.89%)$4,71414 (2.00%)$4,892
*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, 449 (52.11 % of students) received Pell (federal) grants and its average amount is $4,629.
In addition, 688 students received State/local government grants/scholarships (80.22 % 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
2013-14505 (55%)$4,45418 (2%)$603706 (77%)$1,5305 (1%)$220
2014-15484 (55%)$4,40579 (9%)$319665 (76%)$1,5266 (1%)$327
2015-16448 (51%)$4,40445 (5%)$603710 (81%)$1,8239 (1%)$508
2016-17462 (49%)$4,4187 (1%)$557734 (78%)$1,9176 (1%)$635
2017-18404 (52%)$4,84042 (5%)$582621 (81%)$2,3008 (1%)$431
2018-19519 (49%)$4,68692 (9%)$396872 (82%)$1,9455 (0%)$502
2019-20573 (56%)$4,826279 (27%)$255862 (85%)$1,6843 (0%)$544
2020-21288 (50%)$4,960109 (19%)$414475 (82%)$1,857531 (92%)$499
2021-22361 (52%)$4,672634 (92%)$572549 (80%)$1,534--
Average449 (52.11%)$4,629145 (18.78%)$478688 (80.22%)$1,79172 (16.17%)$458
*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, 14 (2.00 % of students) get any students loan help and its average loan amount is $14.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1436 (4%)$5,43436 (4%)$5,434--
2014-1523 (3%)$4,63723 (3%)$4,637--
2015-1612 (1%)$5,31312 (1%)$4,4051 (0%)$10,899
2016-1724 (3%)$4,94324 (3%)$4,943--
2017-1810 (1%)$3,87810 (1%)$3,878--
2018-195 (0%)$3,0715 (0%)$3,071--
2019-2012 (1%)$4,61111 (1%)$4,3481 (0%)$7,500
2020-212 (0%)$7,4232 (0%)$7,423--
2021-225 (1%)$4,7215 (1%)$4,721--
Average14 (2.00%)$4,89214 (2.00%)$4,7621 (0.00%)$9,200
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