How Cambridge's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Cambridge College since 2013.

For that period, the average number of students who received grants aid/scholarships is 449, which is 47.67 % of all undergraduate students. 491 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $7,819.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	446 (42%)	$3,265	406 (39%)	$2,673	521 (50%)	$7,485
2014-15	503 (44%)	$3,532	444 (39%)	$2,252	561 (49%)	$7,567
2015-16	428 (35%)	$3,838	373 (31%)	$3,071	500 (41%)	$8,099
2016-17	481 (57%)	$3,717	409 (48%)	$2,810	532 (63%)	$7,273
2017-18	417 (56%)	$3,625	354 (47%)	$2,715	473 (63%)	$8,370
2018-19	368 (50%)	$3,862	304 (42%)	$2,875	438 (60%)	$8,130
2019-20	444 (56%)	$3,968	315 (40%)	$2,924	427 (54%)	$7,863
2020-21	536 (46%)	$3,536	376 (32%)	$2,854	530 (45%)	$7,901
2021-22	422 (43%)	$4,360	331 (34%)	$2,899	438 (44%)	$7,686
Average	449 (47.67%)	$3,745	368 (39.11%)	$2,786	491 (52.11%)	$7,819

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

Overview

For the last 10 years, on average, 3 (39.13 % of students) received grants or scholarships and its average amount is $4,710. It can cover 26.06% of tuition & fees ($18,072).

In addition, 4 (42.50 % of students) students get helped from the students loans (average amount : $6,292).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4 (14%)	$5,264	5 (18%)	$5,312
2014-15	7 (70%)	$3,815	7 (70%)	$6,135
2015-16	3 (38%)	$5,858	4 (50%)	$9,500
2016-17	1 (11%)	$4,230	1 (11%)	$3,666
2017-18	2 (25%)	$4,678	2 (25%)	$7,917
2018-19	2 (22%)	$3,095	3 (33%)	$2,722
2019-20	-	-	-	-
2020-21	2 (33%)	$3,600	2 (33%)	$9,583
2021-22	4 (100%)	$7,139	4 (100%)	$5,500
Average	3 (39.13%)	$4,710	4 (42.50%)	$6,292

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 3 (33.13 % of students) received Pell (federal) grants and its average amount is $4,417.

In addition, 2 students received State/local government grants/scholarships (23.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	4 (14%)	$3,665	2 (7%)	$775	3 (11%)	$1,267	1 (4%)	$1,047
2014-15	5 (50%)	$3,249	2 (20%)	$956	3 (30%)	$683	3 (30%)	$2,167
2015-16	3 (38%)	$5,658	1 (13%)	$200	1 (13%)	$400	-	-
2016-17	1 (11%)	$4,230	-	-	-	-	-	-
2017-18	1 (13%)	$5,920	1 (13%)	$800	-	-	1 (13%)	$2,636
2018-19	2 (22%)	$2,345	-	-	1 (11%)	$500	1 (11%)	$1,000
2019-20	-	-	-	-	-	-	-	-
2020-21	1 (17%)	$5,613	1 (17%)	$500	-	-	1 (17%)	$1,086
2021-22	4 (100%)	$4,659	3 (75%)	$633	2 (50%)	$2,500	1 (25%)	$3,020
Average	3 (33.13%)	$4,417	2 (24.17%)	$644	2 (23.00%)	$1,070	1 (16.67%)	$1,826

^*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..

Student Loans

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, 4 (42.50 % of students) get any students loan help and its average loan amount is $4.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	5 (18%)	$5,312	5 (18%)	$5,312	-	-
2014-15	7 (70%)	$6,135	7 (70%)	$6,135	-	-
2015-16	4 (50%)	$9,500	4 (50%)	$9,500	-	-
2016-17	1 (11%)	$3,666	1 (11%)	$3,666	-	-
2017-18	2 (25%)	$7,917	2 (25%)	$7,917	-	-
2018-19	3 (33%)	$2,722	3 (33%)	$2,722	-	-
2019-20	-	-	-	-	-	-
2020-21	2 (33%)	$9,583	2 (33%)	$6,200	1 (17%)	$6,765
2021-22	4 (100%)	$5,500	4 (100%)	$5,500	-	-
Average	4 (42.50%)	$6,292	4 (42.50%)	$5,869	1 (17.00%)	$6,765

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Scholarships, Grants, and Loan Trends at Cambridge

All Undergraduate Students Financial Aid Over Time

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