How Central Penn'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 Penn College since 2013.

For that period, the average number of students who received grants aid/scholarships is 966, which is 84.89 % of all undergraduate students. 922 students which is 80.11% of undergraduate students received federal student loans and the average loan amount is $8,056.

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	1,027 (80%)	$5,546	761 (60%)	$3,421	1,084 (85%)	$9,185
2014-15	1,099 (81%)	$5,647	800 (59%)	$3,470	1,033 (77%)	$7,787
2015-16	1,041 (78%)	$4,285	738 (55%)	$2,722	1,099 (82%)	$6,665
2016-17	1,101 (83%)	$5,312	736 (55%)	$3,314	1,116 (84%)	$8,115
2017-18	1,011 (85%)	$5,159	641 (54%)	$3,516	975 (82%)	$8,529
2018-19	827 (81%)	$5,333	533 (52%)	$4,123	801 (78%)	$8,613
2019-20	901 (88%)	$5,069	564 (55%)	$3,504	839 (82%)	$8,079
2020-21	883 (96%)	$6,060	481 (52%)	$3,822	717 (78%)	$8,066
2021-22	804 (92%)	$6,378	434 (50%)	$3,796	635 (73%)	$7,468
Average	966 (84.89%)	$5,421	632 (54.67%)	$3,521	922 (80.11%)	$8,056

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

Overview

For the last 10 years, on average, 67 (92.89 % of students) received grants or scholarships and its average amount is $8,635. It can cover 44.50% of tuition & fees ($19,404).

In addition, 62 (84.22 % of students) students get helped from the students loans (average amount : $8,530).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	84 (88%)	$7,115	87 (92%)	$7,589
2014-15	95 (98%)	$7,383	83 (86%)	$9,388
2015-16	55 (87%)	$6,470	56 (89%)	$8,360
2016-17	84 (92%)	$7,289	81 (89%)	$8,592
2017-18	83 (92%)	$8,717	72 (80%)	$7,435
2018-19	50 (89%)	$8,299	48 (86%)	$11,943
2019-20	48 (94%)	$10,607	43 (84%)	$8,000
2020-21	66 (96%)	$8,947	58 (84%)	$7,098
2021-22	40 (100%)	$12,890	27 (68%)	$8,363
Average	67 (92.89%)	$8,635	62 (84.22%)	$8,530

^*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, 45 (61.56 % of students) received Pell (federal) grants and its average amount is $4,659.

In addition, 40 students received State/local government grants/scholarships (54.33 % 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	69 (73%)	$3,638	18 (19%)	$1,188	61 (64%)	$3,559	62 (65%)	$1,745
2014-15	63 (65%)	$4,483	16 (16%)	$1,250	66 (68%)	$3,854	90 (93%)	$1,606
2015-16	32 (51%)	$4,376	7 (11%)	$1,329	30 (48%)	$3,887	36 (57%)	$2,498
2016-17	56 (62%)	$4,504	25 (27%)	$1,050	46 (51%)	$4,100	66 (73%)	$2,201
2017-18	56 (62%)	$5,299	18 (20%)	$1,313	50 (56%)	$4,085	72 (80%)	$2,762
2018-19	33 (59%)	$5,016	25 (45%)	$1,260	21 (38%)	$4,145	37 (66%)	$3,538
2019-20	32 (63%)	$5,377	13 (25%)	$1,056	30 (59%)	$3,009	43 (84%)	$5,420
2020-21	42 (61%)	$4,079	30 (43%)	$1,175	39 (57%)	$3,748	57 (83%)	$4,172
2021-22	23 (58%)	$5,159	9 (23%)	$847	19 (48%)	$4,374	40 (100%)	$7,656
Average	45 (61.56%)	$4,659	18 (25.44%)	$1,163	40 (54.33%)	$3,862	56 (77.89%)	$3,511

^*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, 62 (84.22 % of students) get any students loan help and its average loan amount is $62.

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	87 (92%)	$7,589	87 (92%)	$6,679	9 (9%)	$8,798
2014-15	83 (86%)	$9,388	82 (85%)	$7,923	11 (11%)	$11,780
2015-16	56 (89%)	$8,360	50 (79%)	$8,207	6 (10%)	$9,637
2016-17	81 (89%)	$8,592	74 (81%)	$7,479	8 (9%)	$17,816
2017-18	72 (80%)	$7,435	72 (80%)	$5,678	10 (11%)	$12,647
2018-19	48 (86%)	$11,943	48 (86%)	$7,809	11 (20%)	$18,039
2019-20	43 (84%)	$8,000	42 (82%)	$5,432	11 (22%)	$10,531
2020-21	58 (84%)	$7,098	58 (84%)	$5,648	8 (12%)	$10,517
2021-22	27 (68%)	$8,363	26 (65%)	$5,176	7 (18%)	$13,034
Average	62 (84.22%)	$8,530	60 (81.56%)	$6,670	9 (13.56%)	$12,533

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Scholarships, Grants, and Loan Trends at Central Penn

All Undergraduate Students Financial Aid Over Time

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