How CMCC'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 Central Maine Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,972, which is 64.22 % of all undergraduate students. 950 students which is 31.00% of undergraduate students received federal student loans and the average loan amount is $5,860.

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	1,750 (56%)	$4,324	1,619 (52%)	$3,783	1,307 (42%)	$5,871
2014-15	1,770 (56%)	$4,532	1,621 (51%)	$3,915	1,298 (41%)	$6,111
2015-16	1,662 (56%)	$4,463	1,502 (50%)	$3,664	1,130 (38%)	$5,659
2016-17	1,566 (51%)	$4,567	1,397 (46%)	$3,630	1,000 (33%)	$5,658
2017-18	2,048 (70%)	$4,753	1,458 (50%)	$5,219	963 (33%)	$6,734
2018-19	2,342 (76%)	$4,295	1,364 (44%)	$5,366	846 (28%)	$5,810
2019-20	2,471 (77%)	$4,154	1,311 (41%)	$5,397	843 (26%)	$5,596
2020-21	1,890 (61%)	$5,149	1,174 (38%)	$5,463	640 (21%)	$5,482
2021-22	2,250 (75%)	$5,486	1,038 (35%)	$5,611	521 (17%)	$5,820
Average	1,972 (64.22%)	$4,636	1,387 (45.22%)	$4,672	950 (31.00%)	$5,860

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

Overview

For the last 10 years, on average, 342 (75.22 % of students) received grants or scholarships and its average amount is $5,920. It can cover 87.78% of tuition & fees ($6,744) based on out-of-state rate.

In addition, 193 (42.33 % of students) students get helped from the students loans (average amount : $5,300).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	318 (72%)	$4,563	237 (54%)	$5,323
2014-15	292 (75%)	$4,922	208 (54%)	$5,532
2015-16	358 (75%)	$5,170	243 (51%)	$5,407
2016-17	333 (65%)	$5,400	157 (31%)	$5,389
2017-18	354 (75%)	$6,124	222 (47%)	$6,076
2018-19	364 (78%)	$6,524	196 (42%)	$5,088
2019-20	404 (72%)	$6,695	238 (42%)	$4,814
2020-21	291 (77%)	$6,025	116 (31%)	$4,795
2021-22	366 (88%)	$7,856	122 (29%)	$5,276
Average	342 (75.22%)	$5,920	193 (42.33%)	$5,300

^*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, 283 (62.11 % of students) received Pell (federal) grants and its average amount is $4,946.

In addition, 197 students received State/local government grants/scholarships (43.33 % 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	288 (66%)	$4,139	30 (7%)	$734	157 (36%)	$855	96 (22%)	$1,072
2014-15	263 (68%)	$4,442	29 (7%)	$647	168 (43%)	$849	82 (21%)	$1,312
2015-16	316 (66%)	$4,277	13 (3%)	$2,662	199 (42%)	$1,251	135 (28%)	$1,598
2016-17	298 (58%)	$4,279	10 (2%)	$884	207 (40%)	$1,480	153 (30%)	$1,358
2017-18	316 (67%)	$5,153	23 (5%)	$1,922	194 (41%)	$1,263	159 (34%)	$1,577
2018-19	303 (65%)	$5,443	29 (6%)	$1,316	201 (43%)	$1,418	211 (45%)	$1,907
2019-20	334 (60%)	$5,782	73 (13%)	$1,789	245 (44%)	$1,253	184 (33%)	$1,827
2020-21	216 (57%)	$5,419	92 (24%)	$2,394	184 (49%)	$1,174	116 (31%)	$1,264
2021-22	216 (52%)	$5,584	266 (64%)	$3,690	217 (52%)	$1,956	166 (40%)	$1,584
Average	283 (62.11%)	$4,946	63 (14.56%)	$1,782	197 (43.33%)	$1,278	145 (31.56%)	$1,500

^*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, 193 (42.33 % of students) get any students loan help and its average loan amount is $193.

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	237 (54%)	$5,323	237 (54%)	$5,177	7 (2%)	$4,966
2014-15	208 (54%)	$5,532	207 (53%)	$5,425	5 (1%)	$5,513
2015-16	243 (51%)	$5,407	242 (51%)	$5,153	9 (2%)	$7,439
2016-17	157 (31%)	$5,389	157 (31%)	$5,263	4 (1%)	$4,927
2017-18	222 (47%)	$6,076	218 (46%)	$6,025	7 (1%)	$5,076
2018-19	196 (42%)	$5,088	193 (41%)	$4,908	8 (2%)	$6,259
2019-20	238 (42%)	$4,814	236 (42%)	$4,612	12 (2%)	$4,773
2020-21	116 (31%)	$4,795	115 (31%)	$4,733	3 (1%)	$3,964
2021-22	122 (29%)	$5,276	120 (29%)	$4,972	6 (1%)	$7,847
Average	193 (42.33%)	$5,300	192 (42.00%)	$5,141	7 (1.44%)	$5,640

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Scholarships, Grants, and Loan Trends at CMCC

All Undergraduate Students Financial Aid Over Time

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