Scholarships, Grants, and Loan Trends at ARCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,773, which is 55.22 % of all undergraduate students. 2,254 students which is 25.78% of undergraduate students received federal student loans and the average loan amount is $6,209.
For full-time, first-time beginning students (freshmen), 67.00% of students received grants or scholarships and 35% 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 Anoka-Ramsey Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,773, which is 55.22 % of all undergraduate students. 2,254 students which is 25.78% of undergraduate students received federal student loans and the average loan amount is $6,209.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,760 (51%)$3,1272,976 (32%)$2,8703,394 (36%)$6,870
2014-154,574 (58%)$3,2752,725 (35%)$2,9983,127 (40%)$6,675
2015-164,111 (44%)$3,5262,405 (26%)$3,1532,716 (29%)$6,909
2016-173,808 (42%)$3,5802,178 (24%)$3,1432,376 (26%)$6,317
2017-183,991 (45%)$3,7882,161 (24%)$3,2222,142 (24%)$6,088
2018-193,948 (45%)$3,9772,073 (23%)$3,3301,937 (22%)$5,827
2019-205,687 (65%)$3,0612,029 (23%)$3,4161,809 (21%)$5,678
2020-216,090 (72%)$2,7641,704 (20%)$3,3701,510 (18%)$5,726
2021-225,988 (75%)$3,3111,626 (20%)$3,3741,273 (16%)$5,793
Average4,773 (55.22%)$3,3792,209 (25.22%)$3,2082,254 (25.78%)$6,209

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

For the last 10 years, on average, 448 (67.00 % of students) received grants or scholarships and its average amount is $3,841. It can cover 67.61% of tuition & fees ($5,682) based on out-of-state rate.
In addition, 249 (35.00 % of students) students get helped from the students loans (average amount : $5,053).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14416 (53%)$3,793336 (43%)$5,234
2014-15425 (56%)$3,916343 (45%)$5,197
2015-16397 (51%)$4,140311 (40%)$5,378
2016-17383 (54%)$4,252265 (37%)$5,195
2017-18434 (54%)$3,941287 (36%)$4,941
2018-19397 (56%)$4,431220 (31%)$4,847
2019-20604 (91%)$3,174206 (31%)$4,945
2020-21467 (89%)$3,020149 (28%)$4,786
2021-22508 (99%)$3,906123 (24%)$4,952
Average448 (67.00%)$3,841249 (35.00%)$5,053
*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, 302 (43.33 % of students) received Pell (federal) grants and its average amount is $4,088.
In addition, 308 students received State/local government grants/scholarships (44.56 % 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
2013-14346 (44%)$3,76739 (5%)$588294 (38%)$70333 (4%)$1,347
2014-15341 (45%)$3,8844 (1%)$865356 (47%)$77946 (6%)$1,280
2015-16325 (41%)$4,0359 (1%)$1,000307 (39%)$69958 (7%)$1,871
2016-17301 (42%)$4,0197 (1%)$1,000333 (47%)$1,05430 (4%)$2,025
2017-18340 (42%)$4,0028 (1%)$938357 (44%)$79251 (6%)$1,172
2018-19328 (47%)$4,26116 (2%)$969346 (49%)$86042 (6%)$1,155
2019-20308 (46%)$4,316518 (78%)$348326 (49%)$1,029546 (82%)$132
2020-21206 (39%)$4,193455 (87%)$533227 (43%)$1,13139 (7%)$1,217
2021-22223 (44%)$4,314507 (99%)$1,471230 (45%)$1,09721 (4%)$1,157
Average302 (43.33%)$4,088174 (30.56%)$857308 (44.56%)$90596 (14.00%)$1,262
*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, 249 (35.00 % of students) get any students loan help and its average loan amount is $249.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14336 (43%)$5,234336 (43%)$5,2271 (0%)$2,200
2014-15343 (45%)$5,197342 (45%)$5,1803 (0%)$3,675
2015-16311 (40%)$5,378309 (39%)$5,3412 (0%)$11,000
2016-17265 (37%)$5,195264 (37%)$5,1593 (0%)$4,967
2017-18287 (36%)$4,941285 (35%)$4,9293 (0%)$4,344
2018-19220 (31%)$4,847217 (31%)$4,8663 (0%)$3,481
2019-20206 (31%)$4,945205 (31%)$4,8973 (0%)$4,920
2020-21149 (28%)$4,786149 (28%)$4,5314 (1%)$9,533
2021-22123 (24%)$4,952120 (23%)$4,8284 (1%)$7,419
Average249 (35.00%)$5,053247 (34.67%)$4,9953 (1.00%)$5,727
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