How C of Micronesia-FSM'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 College of Micronesia-FSM since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,906, which is 91.11 % of all undergraduate students.

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	2,281 (93%)	$2,422	2,147 (88%)	$2,486	-	-
2014-15	2,192 (94%)	$4,595	2,151 (92%)	$4,431	-	-
2015-16	2,195 (99%)	$4,740	2,151 (97%)	$4,588	-	-
2016-17	1,867 (89%)	$2,618	1,867 (89%)	$2,578	-	-
2017-18	1,805 (89%)	$3,190	1,794 (89%)	$2,641	-	-
2018-19	1,699 (88%)	$2,760	1,680 (87%)	$2,714	-	-
2019-20	1,661 (87%)	$2,986	1,617 (85%)	$2,783	-	-
2020-21	1,643 (88%)	$3,813	1,624 (87%)	$2,655	-	-
2021-22	1,815 (93%)	$3,366	1,594 (82%)	$2,825	-	-
Average	1,906 (91.11%)	$3,388	1,847 (88.44%)	$3,078	-	-

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

Overview

For the last 10 years, on average, 500 (97.11 % of students) received grants or scholarships and its average amount is $5,773. It can cover 114.31% of tuition & fees ($5,050) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	342 (100%)	$3,096	-	-
2014-15	418 (100%)	$5,381	-	-
2015-16	478 (96%)	$5,656	-	-
2016-17	573 (96%)	$5,383	-	-
2017-18	547 (96%)	$5,703	-	-
2018-19	576 (95%)	$5,958	-	-
2019-20	544 (95%)	$6,230	-	-
2020-21	482 (96%)	$7,591	-	-
2021-22	539 (100%)	$6,955	-	-
Average	500 (97.11%)	$5,773	-	-

^*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, 495 (96.00 % of students) received Pell (federal) grants and its average amount is $5,458.

In addition, 76 students received State/local government grants/scholarships (15.56 % 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	333 (97%)	$2,777	9 (3%)	$400	155 (45%)	$841	-	-
2014-15	413 (99%)	$5,266	-	-	19 (5%)	$969	80 (19%)	$700
2015-16	476 (96%)	$5,604	-	-	136 (27%)	$266	-	-
2016-17	573 (96%)	$5,252	-	-	222 (37%)	$339	-	-
2017-18	545 (95%)	$5,651	-	-	64 (11%)	$627	-	-
2018-19	572 (94%)	$5,990	-	-	6 (1%)	$900	-	-
2019-20	543 (95%)	$6,195	-	-	34 (6%)	$747	-	-
2020-21	482 (96%)	$5,947	482 (96%)	$1,633	5 (1%)	$1,023	-	-
2021-22	520 (96%)	$6,438	296 (55%)	$1,127	40 (7%)	$1,684	-	-
Average	495 (96.00%)	$5,458	262 (51.33%)	$1,053	76 (15.56%)	$822	80 (19.00%)	$700

^*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..

Scholarships, Grants, and Loan Trends at C of Micronesia-FSM

All Undergraduate Students Financial Aid Over Time

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