Scholarships, Grants, and Loan Trends at Chesapeake

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,079, which is 49.67 % of all undergraduate students. 27 students which is 2.00% of undergraduate students received federal student loans and the average loan amount is $2,678.
For full-time, first-time beginning students (freshmen), 68.89% of students received grants or scholarships and 2% 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 Chesapeake College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,079, which is 49.67 % of all undergraduate students. 27 students which is 2.00% of undergraduate students received federal student loans and the average loan amount is $2,678.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,306 (51%)$3,1391,001 (39%)$3,01052 (2%)$2,105
2014-151,283 (53%)$3,057922 (38%)$3,0152 (0%)$3,250
2015-161,222 (54%)$3,115890 (39%)$3,038--
2016-171,134 (53%)$3,403792 (37%)$3,172--
2017-181,029 (47%)$3,245766 (35%)$3,146--
2018-191,034 (50%)$3,330679 (33%)$3,364--
2019-201,054 (48%)$3,366693 (32%)$3,200--
2020-21857 (45%)$4,251564 (30%)$3,171--
2021-22796 (46%)$5,690494 (28%)$3,062--
Average1,079 (49.67%)$3,622756 (34.56%)$3,13127 (2.00%)$2,678

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

For the last 10 years, on average, 189 (68.89 % of students) received grants or scholarships and its average amount is $4,309. It can cover 50.68% of tuition & fees ($8,504) based on out-of-state rate.
In addition, 5 (1.89 % of students) students get helped from the students loans (average amount : $6,479).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14236 (64%)$3,9718 (2%)$5,785
2014-15239 (73%)$3,7768 (2%)$5,573
2015-16186 (67%)$3,8454 (1%)$5,398
2016-17202 (73%)$3,8746 (2%)$5,742
2017-18165 (64%)$4,1496 (2%)$5,225
2018-19176 (71%)$3,8314 (2%)$9,058
2019-20184 (70%)$4,0534 (2%)$4,325
2020-21177 (71%)$4,7082 (1%)$6,250
2021-22132 (67%)$6,5785 (3%)$10,951
Average189 (68.89%)$4,3095 (1.89%)$6,479
*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, 117 (42.00 % of students) received Pell (federal) grants and its average amount is $4,289.
In addition, 74 students received State/local government grants/scholarships (27.33 % 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
2013-14168 (45%)$4,085168 (45%)$11398 (26%)$957110 (30%)$1,256
2014-15158 (48%)$4,172158 (48%)$11088 (27%)$1,040120 (37%)$1,118
2015-16123 (44%)$4,102124 (45%)$15146 (17%)$1,454105 (38%)$1,191
2016-17132 (48%)$4,127131 (47%)$9772 (26%)$1,190113 (41%)$1,234
2017-18111 (43%)$4,412111 (43%)$10256 (22%)$1,030105 (41%)$1,198
2018-1995 (38%)$4,59395 (38%)$17369 (28%)$1,030111 (45%)$1,354
2019-20102 (39%)$4,50183 (31%)$30493 (35%)$1,603112 (42%)$1,003
2020-2199 (40%)$4,224111 (44%)$1,36877 (31%)$1,76898 (39%)$1,298
2021-2265 (33%)$4,38490 (46%)$3,74966 (34%)$2,02069 (35%)$1,632
Average117 (42.00%)$4,289119 (43.00%)$68574 (27.33%)$1,344105 (38.67%)$1,254
*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, 5 (1.89 % of students) get any students loan help and its average loan amount is $5.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-148 (2%)$5,7851 (0%)$4,0007 (2%)$6,040
2014-158 (2%)$5,5731 (0%)$2,5008 (2%)$5,260
2015-164 (1%)$5,398--4 (1%)$5,398
2016-176 (2%)$5,742--6 (2%)$5,742
2017-186 (2%)$5,225--6 (2%)$5,225
2018-194 (2%)$9,058--4 (2%)$9,058
2019-204 (2%)$4,325--4 (2%)$4,325
2020-212 (1%)$6,250--2 (1%)$6,250
2021-225 (3%)$10,951--5 (3%)$10,951
Average5 (1.89%)$6,4791 (0.00%)$3,2505 (1.89%)$6,472
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