Scholarships, Grants, and Loan Trends at East Central

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,956, which is 64.89 % of all undergraduate students. 446 students which is 14.00% of undergraduate students received federal student loans and the average loan amount is $5,784.
For full-time, first-time beginning students (freshmen), 92.89% of students received grants or scholarships and 9% 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 East Central College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,956, which is 64.89 % of all undergraduate students. 446 students which is 14.00% of undergraduate students received federal student loans and the average loan amount is $5,784.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,540 (65%)$3,5111,906 (49%)$3,371831 (21%)$6,276
2014-152,408 (67%)$3,4961,782 (49%)$3,412765 (21%)$6,024
2015-162,054 (64%)$3,4611,472 (46%)$3,430590 (18%)$6,118
2016-171,808 (61%)$3,5601,247 (42%)$3,512433 (15%)$6,134
2017-181,708 (59%)$3,6761,208 (42%)$3,471380 (13%)$5,650
2018-191,603 (61%)$3,7251,026 (39%)$3,608322 (12%)$5,481
2019-201,677 (63%)$4,2231,010 (38%)$3,680278 (10%)$5,492
2020-211,671 (64%)$4,102922 (36%)$3,696226 (9%)$5,269
2021-222,136 (80%)$4,525891 (34%)$3,930191 (7%)$5,608
Average1,956 (64.89%)$3,8091,274 (41.67%)$3,568446 (14.00%)$5,784

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

For the last 10 years, on average, 512 (92.89 % of students) received grants or scholarships and its average amount is $4,377. It can cover 62.68% of tuition & fees ($6,984) based on out-of-state rate.
In addition, 53 (9.44 % of students) students get helped from the students loans (average amount : $4,597).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14576 (92%)$3,67790 (14%)$4,518
2014-15538 (93%)$3,89476 (13%)$4,737
2015-16505 (92%)$3,74667 (12%)$5,027
2016-17482 (92%)$3,98959 (11%)$4,574
2017-18450 (91%)$4,13648 (10%)$4,831
2018-19507 (92%)$4,33044 (8%)$4,116
2019-20486 (93%)$5,03035 (7%)$4,300
2020-21510 (94%)$4,73529 (5%)$4,470
2021-22558 (97%)$5,85831 (5%)$4,800
Average512 (92.89%)$4,37753 (9.44%)$4,597
*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, 285 (51.78 % of students) received Pell (federal) grants and its average amount is $4,213.
In addition, 387 students received State/local government grants/scholarships (70.11 % 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
2013-14355 (57%)$3,92857 (9%)$697436 (70%)$1,42838 (6%)$1,612
2014-15344 (60%)$3,94466 (11%)$707390 (67%)$1,58543 (7%)$1,706
2015-16291 (53%)$3,97072 (13%)$360375 (68%)$1,74037 (7%)$1,566
2016-17257 (49%)$4,325104 (20%)$338353 (67%)$1,95844 (8%)$1,930
2017-18250 (51%)$4,23079 (16%)$280325 (66%)$2,16937 (7%)$2,071
2018-19274 (50%)$4,443133 (24%)$377384 (70%)$2,17842 (8%)$2,170
2019-20282 (54%)$4,346284 (54%)$945387 (74%)$2,24939 (7%)$2,063
2020-21259 (48%)$4,302198 (37%)$865412 (76%)$2,56238 (7%)$1,939
2021-22254 (44%)$4,426428 (75%)$2,098417 (73%)$2,79948 (8%)$1,651
Average285 (51.78%)$4,213158 (28.78%)$741387 (70.11%)$2,07441 (7.22%)$1,856
*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, 53 (9.44 % of students) get any students loan help and its average loan amount is $53.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1490 (14%)$4,51890 (14%)$4,518--
2014-1576 (13%)$4,73776 (13%)$4,737--
2015-1667 (12%)$5,02766 (12%)$5,0812 (0%)$739
2016-1759 (11%)$4,57459 (11%)$4,5451 (0%)$1,716
2017-1848 (10%)$4,83148 (10%)$4,831--
2018-1944 (8%)$4,11643 (8%)$4,0752 (0%)$2,946
2019-2035 (7%)$4,30035 (7%)$4,300--
2020-2129 (5%)$4,47029 (5%)$4,3141 (0%)$4,500
2021-2231 (5%)$4,80030 (5%)$4,7771 (0%)$5,500
Average53 (9.44%)$4,59753 (9.44%)$4,5751 (0.00%)$3,080
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