Grants, Scholarships, and Student Loan Stats Trends for Alaska Colleges

For the academic year 2021-2022, 75% of students received grants and/or scholarships and its average aid amount is $7,075. Compared to the percent of received 10 years ago, more students received the financial aid from 44% to 74%. The average financial aid amount has increased from $6,534 to $7,213 at Alaska Colleges.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alaska Colleges since 2013. For that period, the average number of students who received grants aid/scholarships is 10,607, which is 54.00 % of all undergraduate students. 5,162 students which is 26.00% of undergraduate students received federal student loans and the average loan amount: $6,731.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,544 (44%)$6,5346,441 (24%)$3,4867,215 (31%)$7,001
2014-1511,701 (47%)$5,9246,199 (21%)$3,8296,540 (26%)$7,022
2015-1610,961 (49%)$6,0475,628 (21%)$3,6515,965 (27%)$6,737
2016-1710,783 (45%)$7,0995,336 (22%)$3,5445,760 (28%)$6,849
2017-1810,460 (52%)$7,1265,330 (28%)$3,8575,419 (30%)$5,924
2018-1910,302 (52%)$6,6085,274 (26%)$3,6974,854 (26%)$5,944
2019-209,475 (56%)$6,9434,722 (25%)$3,7354,145 (23%)$7,335
2020-219,504 (67%)$7,7514,007 (27%)$4,1613,421 (22%)$6,880
2021-2210,732 (74%)$7,2133,710 (27%)$3,8123,137 (21%)$6,888
Average10,607 (54.00%)$6,8055,183 (24.56%)$3,7525,162 (26.00%)$6,731

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

For the last 10 years, on average, 1,509 (80.78 % of students) received grants or scholarships and its average amount is $7,683. It can cover 39.06% of tuition & fees ($19,667) based on out-of-state rate. In addition, 539 (34.00 % of students) students get helped from the students loans (average amount : $5,594).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,792 (79%)$7,401752 (37%)$6,045
2014-151,722 (85%)$6,598686 (41%)$5,546
2015-161,601 (71%)$7,254594 (38%)$6,064
2016-171,568 (74%)$6,900628 (36%)$5,560
2017-181,637 (80%)$8,238626 (38%)$5,373
2018-191,470 (74%)$7,167533 (33%)$5,220
2019-201,347 (81%)$8,186458 (34%)$5,928
2020-211,164 (87%)$9,204278 (22%)$5,590
2021-221,281 (96%)$8,195297 (27%)$5,016
Average1,509 (80.78%)$7,683539 (34.00%)$5,594
*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, 630 (36.56 % of students) received Pell (federal) grants and its average amount is $4,311. In addition, 1,039 students received State/local government grants/scholarships (46.44 % 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
2013-14807 (39%)$4,371197 (24%)$6501,114 (37%)$2,9031,072 (58%)$4,824
2014-15751 (40%)$4,245129 (22%)$6381,199 (34%)$3,503943 (54%)$4,082
2015-16660 (38%)$4,405123 (22%)$9781,134 (41%)$3,991777 (50%)$4,186
2016-17642 (30%)$3,743101 (9%)$7791,135 (43%)$4,529798 (54%)$4,160
2017-18710 (33%)$4,12784 (12%)$1,1251,161 (56%)$4,032810 (46%)$5,939
2018-19668 (35%)$4,220135 (11%)$1,0621,038 (42%)$3,563767 (44%)$4,006
2019-20614 (38%)$4,745835 (55%)$1,856896 (49%)$3,674608 (63%)$4,558
2020-21403 (38%)$4,674588 (39%)$1,275853 (61%)$5,050671 (55%)$4,316
2021-22411 (38%)$4,265885 (71%)$2,634817 (55%)$4,166966 (75%)$3,479
Average630 (36.56%)$4,311342 (29.44%)$1,2221,039 (46.44%)$3,935824 (55.44%)$4,394
*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, 539 (34.00 % of students) get any students loan help and its average loan amount is $539.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14752 (37%)$6,045734 (36%)$5,53651 (3%)$11,907
2014-15686 (41%)$5,546679 (41%)$5,21948 (2%)$9,736
2015-16594 (38%)$6,064579 (37%)$5,15844 (5%)$10,391
2016-17628 (36%)$5,560609 (36%)$4,78662 (5%)$8,893
2017-18626 (38%)$5,373606 (37%)$4,62467 (3%)$10,854
2018-19533 (33%)$5,220512 (33%)$4,56755 (3%)$9,853
2019-20458 (34%)$5,928444 (34%)$4,81956 (4%)$10,285
2020-21278 (22%)$5,590272 (22%)$5,19421 (2%)$12,856
2021-22297 (27%)$5,016290 (27%)$4,41423 (2%)$13,605
Average539 (34.00%)$5,594525 (33.67%)$4,92447 (3.22%)$10,931
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