Scholarships, Grants, and Loan Trends at ACTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,228, which is 81.44 % of all undergraduate students. 935 students which is 33.22% of undergraduate students received federal student loans and the average loan amount is $5,245.
For full-time, first-time beginning students (freshmen), 93.22% of students received grants or scholarships and 33% 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 Ashland Community and Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,228, which is 81.44 % of all undergraduate students. 935 students which is 33.22% of undergraduate students received federal student loans and the average loan amount is $5,245.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,555 (76%)$3,5711,765 (53%)$3,8271,368 (41%)$5,302
2014-152,317 (69%)$3,7691,717 (51%)$3,8291,246 (37%)$4,912
2015-161,960 (72%)$4,1621,500 (55%)$3,9091,092 (40%)$5,109
2016-172,323 (84%)$4,0721,551 (56%)$3,9301,073 (39%)$5,081
2017-182,154 (83%)$4,2181,364 (52%)$4,177919 (35%)$5,119
2018-192,181 (86%)$4,1011,372 (54%)$4,060850 (33%)$5,466
2019-202,272 (87%)$4,4691,377 (53%)$4,063765 (29%)$5,262
2020-212,067 (86%)$4,4141,146 (48%)$4,248581 (24%)$5,329
2021-222,221 (90%)$5,4791,082 (44%)$4,469519 (21%)$5,628
Average2,228 (81.44%)$4,2511,430 (51.78%)$4,057935 (33.22%)$5,245

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

For the last 10 years, on average, 321 (93.22 % of students) received grants or scholarships and its average amount is $5,659. It can cover 91.40% of tuition & fees ($6,192) based on out-of-state rate.
In addition, 115 (33.00 % of students) students get helped from the students loans (average amount : $4,622).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14388 (93%)$4,499212 (51%)$4,970
2014-15334 (92%)$4,467162 (45%)$4,630
2015-16243 (90%)$4,697111 (41%)$4,353
2016-17313 (89%)$4,939127 (36%)$4,834
2017-18303 (95%)$5,438113 (36%)$5,018
2018-19359 (95%)$5,655113 (30%)$4,212
2019-20356 (95%)$6,15579 (21%)$4,187
2020-21271 (93%)$6,68959 (20%)$4,489
2021-22319 (97%)$8,39656 (17%)$4,904
Average321 (93.22%)$5,659115 (33.00%)$4,622
*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, 242 (70.11 % of students) received Pell (federal) grants and its average amount is $4,574.
In addition, 242 students received State/local government grants/scholarships (70.78 % 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
2013-14323 (77%)$4,18710 (2%)$739212 (51%)$1,63430 (7%)$1,322
2014-15268 (74%)$4,29533 (9%)$870210 (58%)$1,35522 (6%)$1,250
2015-16198 (73%)$4,43420 (7%)$1,169153 (57%)$1,45513 (5%)$1,346
2016-17248 (70%)$4,53624 (7%)$823208 (59%)$1,66932 (9%)$1,686
2017-18230 (72%)$4,86416 (5%)$709240 (75%)$1,95338 (12%)$1,287
2018-19265 (70%)$4,45632 (8%)$768320 (84%)$2,28453 (14%)$1,772
2019-20247 (66%)$4,52065 (17%)$1,913322 (86%)$2,61960 (16%)$1,788
2020-21190 (65%)$4,883147 (50%)$1,020241 (83%)$2,72963 (22%)$1,227
2021-22209 (64%)$4,989290 (88%)$2,577275 (84%)$2,80863 (19%)$1,843
Average242 (70.11%)$4,57471 (21.44%)$1,176242 (70.78%)$2,05642 (12.22%)$1,502
*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, 115 (33.00 % of students) get any students loan help and its average loan amount is $115.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14212 (51%)$4,970212 (51%)$4,970--
2014-15162 (45%)$4,630162 (45%)$4,630--
2015-16111 (41%)$4,353111 (41%)$4,353--
2016-17127 (36%)$4,834127 (36%)$4,834--
2017-18113 (36%)$5,018113 (36%)$5,018--
2018-19113 (30%)$4,212113 (30%)$4,212--
2019-2079 (21%)$4,18779 (21%)$4,187--
2020-2159 (20%)$4,48959 (20%)$4,489--
2021-2256 (17%)$4,90456 (17%)$4,904--
Average115 (33.00%)$4,622115 (33.00%)$4,622--
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