Scholarships, Grants, and Loan Trends at Rowan College of South Jersey-Cumberland Campus

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,071, which is 65.78 % of all undergraduate students. 552 students which is 16.89% of undergraduate students received federal student loans and the average loan amount is $5,813.
For full-time, first-time beginning students (freshmen), 82.89% of students received grants or scholarships and 15% 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 Rowan College of South Jersey-Cumberland Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,071, which is 65.78 % of all undergraduate students. 552 students which is 16.89% of undergraduate students received federal student loans and the average loan amount is $5,813.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,541 (65%)$5,0272,275 (58%)$4,366900 (23%)$7,134
2014-152,541 (66%)$5,0712,259 (59%)$4,207929 (24%)$7,035
2015-162,191 (63%)$4,3591,923 (56%)$3,755680 (20%)$6,159
2016-171,979 (63%)$4,3641,710 (54%)$3,789566 (18%)$5,224
2017-181,938 (62%)$4,7101,710 (55%)$3,942476 (15%)$5,464
2018-191,663 (57%)$4,6761,421 (48%)$4,046341 (12%)$5,302
2019-201,888 (63%)$4,6391,383 (46%)$4,111337 (11%)$5,322
2020-211,909 (72%)$4,2051,008 (38%)$4,096372 (14%)$5,345
2021-221,985 (81%)$4,228958 (39%)$3,930365 (15%)$5,335
Average2,071 (65.78%)$4,5871,627 (50.33%)$4,027552 (16.89%)$5,813

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

For the last 10 years, on average, 490 (82.89 % of students) received grants or scholarships and its average amount is $5,489. It can cover 94.32% of tuition & fees ($5,820) based on out-of-state rate.
In addition, 96 (15.44 % of students) students get helped from the students loans (average amount : $5,237).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14563 (70%)$5,594161 (20%)$5,623
2014-15599 (80%)$5,320172 (23%)$6,043
2015-16562 (77%)$5,197116 (16%)$5,737
2016-17513 (78%)$5,00798 (15%)$4,749
2017-18518 (78%)$5,72787 (13%)$5,033
2018-19427 (79%)$5,49342 (8%)$5,044
2019-20497 (88%)$5,75464 (11%)$4,630
2020-21343 (96%)$5,27851 (14%)$5,132
2021-22385 (100%)$6,03375 (19%)$5,140
Average490 (82.89%)$5,48996 (15.44%)$5,237
*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, 372 (61.11 % of students) received Pell (federal) grants and its average amount is $4,696.
In addition, 253 students received State/local government grants/scholarships (42.44 % 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
2013-14510 (64%)$4,44351 (6%)$498372 (47%)$2,25521 (3%)$921
2014-15488 (65%)$4,423147 (20%)$489323 (43%)$2,35097 (13%)$2,037
2015-16447 (61%)$4,45663 (9%)$528280 (38%)$2,423104 (14%)$2,088
2016-17391 (60%)$4,36656 (9%)$500228 (35%)$2,533127 (19%)$2,014
2017-18417 (63%)$4,891124 (19%)$373263 (40%)$2,500116 (18%)$1,925
2018-19318 (59%)$4,985119 (22%)$381187 (35%)$2,643111 (21%)$1,987
2019-20340 (60%)$5,116431 (76%)$568258 (46%)$2,457133 (24%)$1,815
2020-21195 (54%)$4,750341 (95%)$1,168179 (50%)$2,20949 (14%)$1,843
2021-22246 (64%)$4,838383 (99%)$1,640185 (48%)$2,24462 (16%)$1,439
Average372 (61.11%)$4,696191 (39.44%)$683253 (42.44%)$2,40291 (15.78%)$1,785
*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, 96 (15.44 % of students) get any students loan help and its average loan amount is $96.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14161 (20%)$5,623161 (20%)$5,623--
2014-15172 (23%)$6,043172 (23%)$6,0081 (0%)$6,158
2015-16116 (16%)$5,737113 (15%)$5,6913 (0%)$7,483
2016-1798 (15%)$4,74996 (15%)$4,6285 (1%)$4,230
2017-1887 (13%)$5,03384 (13%)$4,8813 (0%)$9,289
2018-1942 (8%)$5,04439 (7%)$4,6773 (1%)$9,818
2019-2064 (11%)$4,63064 (11%)$4,630--
2020-2151 (14%)$5,13251 (14%)$4,9851 (0%)$7,500
2021-2275 (19%)$5,14073 (19%)$4,9323 (1%)$8,498
Average96 (15.44%)$5,23795 (15.22%)$5,1173 (1.00%)$7,568
Most Searched New Jersey Colleges (last 30 days)
Related Articles and Ads