How C of the Marshall Islands'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 the Marshall Islands since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,011, which is 94.00 % 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	913 (91%)	$4,404	895 (89%)	$4,316	-	-
2014-15	990 (91%)	$4,289	982 (91%)	$4,298	-	-
2015-16	983 (100%)	$4,124	916 (93%)	$4,372	-	-
2016-17	896 (90%)	$4,391	872 (88%)	$4,438	-	-
2017-18	977 (93%)	$2,520	964 (92%)	$2,540	-	-
2018-19	1,096 (98%)	$1,944	1,096 (98%)	$1,944	-	-
2019-20	893 (90%)	$2,893	893 (90%)	$2,832	-	-
2020-21	1,085 (93%)	$3,216	1,085 (93%)	$2,597	-	-
2021-22	1,267 (100%)	$3,527	1,256 (99%)	$2,515	-	-
Average	1,011 (94.00%)	$3,479	995 (92.56%)	$3,317	-	-

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

Overview

For the last 10 years, on average, 271 (98.44 % of students) received grants or scholarships and its average amount is $6,041. It can cover 80.76% of tuition & fees ($7,480) 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	235 (98%)	$5,091	-	-
2014-15	325 (99%)	$4,813	-	-
2015-16	272 (100%)	$5,020	-	-
2016-17	272 (100%)	$5,034	-	-
2017-18	247 (96%)	$5,902	-	-
2018-19	277 (95%)	$5,391	-	-
2019-20	234 (99%)	$5,988	-	-
2020-21	285 (99%)	$7,906	-	-
2021-22	290 (100%)	$9,221	-	-
Average	271 (98.44%)	$6,041	-	-

^*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, 271 (98.44 % of students) received Pell (federal) grants and its average amount is $5,512.

In addition, 5 students received State/local government grants/scholarships (2.40 % 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	235 (98%)	$5,005	-	-	11 (5%)	$1,826	-	-
2014-15	325 (99%)	$4,810	-	-	3 (1%)	$267	-	-
2015-16	272 (100%)	$5,008	-	-	2 (1%)	$1,630	-	-
2016-17	272 (100%)	$4,989	-	-	11 (4%)	$1,104	-	-
2017-18	247 (96%)	$5,889	-	-	3 (1%)	$1,104	-	-
2018-19	277 (95%)	$5,391	-	-	-	-	-	-
2019-20	234 (99%)	$5,758	65 (28%)	$820	1 (0%)	$600	-	-
2020-21	285 (99%)	$6,182	285 (99%)	$1,724	-	-	-	-
2021-22	289 (100%)	$6,579	290 (100%)	$2,664	-	-	-	-
Average	271 (98.44%)	$5,512	213 (75.67%)	$1,736	5 (2.40%)	$1,089	-	-

^*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..

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Scholarships, Grants, and Loan Trends at C of the Marshall Islands

All Undergraduate Students Financial Aid Over Time

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