Scholarships, Grants, and Loan Trends at ECC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,455, which is 35.67 % of all undergraduate students. 642 students which is 6.33% of undergraduate students received federal student loans and the average loan amount is $3,949.
For full-time, first-time beginning students (freshmen), 48.89% of students received grants or scholarships and 7% 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 Elgin Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,455, which is 35.67 % of all undergraduate students. 642 students which is 6.33% of undergraduate students received federal student loans and the average loan amount is $3,949.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,238 (46%)$3,5473,955 (35%)$2,8781,232 (11%)$3,617
2014-153,422 (31%)$3,4542,886 (26%)$3,251842 (8%)$3,791
2015-163,620 (35%)$3,2072,709 (26%)$3,195754 (7%)$3,632
2016-172,949 (30%)$3,5672,428 (24%)$3,220671 (7%)$3,802
2017-183,321 (35%)$3,6292,493 (26%)$3,450590 (6%)$4,177
2018-192,904 (30%)$4,3072,442 (26%)$3,828556 (6%)$4,622
2019-202,972 (30%)$4,1312,528 (25%)$3,542543 (5%)$3,983
2020-212,574 (33%)$4,4552,001 (25%)$3,621252 (3%)$3,955
2021-224,097 (51%)$4,3551,957 (24%)$3,506341 (4%)$3,963
Average3,455 (35.67%)$3,8502,600 (26.33%)$3,388642 (6.33%)$3,949

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

For the last 10 years, on average, 430 (48.89 % of students) received grants or scholarships and its average amount is $4,259. It can cover 44.75% of tuition & fees ($9,516) based on out-of-state rate.
In addition, 63 (7.00 % of students) students get helped from the students loans (average amount : $3,771).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14547 (56%)$3,428101 (10%)$3,658
2014-15443 (50%)$3,61779 (9%)$3,685
2015-16400 (44%)$4,13186 (10%)$3,654
2016-17388 (42%)$3,96865 (7%)$3,674
2017-18375 (43%)$4,17063 (7%)$3,765
2018-19372 (43%)$4,30451 (6%)$3,842
2019-20444 (45%)$5,21060 (6%)$3,510
2020-21380 (52%)$4,35129 (4%)$4,056
2021-22525 (65%)$5,14831 (4%)$4,099
Average430 (48.89%)$4,25963 (7.00%)$3,771
*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, 291 (32.78 % of students) received Pell (federal) grants and its average amount is $4,206.
In addition, 183 students received State/local government grants/scholarships (20.78 % 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
2013-14351 (36%)$3,98494 (10%)$423157 (16%)$1,554138 (14%)$1,396
2014-15299 (34%)$4,030117 (13%)$529151 (17%)$1,203118 (13%)$1,302
2015-16306 (34%)$4,02143 (5%)$857151 (17%)$1,357122 (14%)$1,477
2016-17285 (31%)$4,03739 (4%)$897172 (18%)$1,245107 (11%)$1,308
2017-18285 (32%)$4,22636 (4%)$910145 (16%)$1,281108 (12%)$1,304
2018-19266 (31%)$4,33241 (5%)$1,064211 (25%)$1,31092 (11%)$1,402
2019-20357 (36%)$4,417246 (25%)$1,159257 (26%)$1,202104 (10%)$1,371
2020-21215 (29%)$4,490268 (37%)$1,290192 (26%)$1,237109 (15%)$962
2021-22257 (32%)$4,316406 (50%)$2,683211 (26%)$1,242128 (16%)$1,890
Average291 (32.78%)$4,206143 (17.00%)$1,090183 (20.78%)$1,292114 (12.89%)$1,379
*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, 63 (7.00 % of students) get any students loan help and its average loan amount is $63.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14101 (10%)$3,658101 (10%)$3,658--
2014-1579 (9%)$3,68579 (9%)$3,685--
2015-1686 (10%)$3,65486 (10%)$3,5501 (0%)$9,000
2016-1765 (7%)$3,67464 (7%)$3,7051 (0%)$1,716
2017-1863 (7%)$3,76563 (7%)$3,765--
2018-1951 (6%)$3,84250 (6%)$3,8741 (0%)$2,247
2019-2060 (6%)$3,51060 (6%)$3,510--
2020-2129 (4%)$4,05627 (4%)$3,8033 (0%)$4,980
2021-2231 (4%)$4,09930 (4%)$4,1821 (0%)$1,600
Average63 (7.00%)$3,77162 (7.00%)$3,7481 (0.00%)$3,909
Most Searched Illinois Colleges (last 30 days)
Related Articles and Ads