Scholarships, Grants, and Loan Trends at Five Towns

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 552, which is 88.11 % of all undergraduate students. 406 students which is 63.78% of undergraduate students received federal student loans and the average loan amount is $6,394.
For full-time, first-time beginning students (freshmen), 93.22% of students received grants or scholarships and 62% 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 Five Towns College since 2013.
For that period, the average number of students who received grants aid/scholarships is 552, which is 88.11 % of all undergraduate students. 406 students which is 63.78% of undergraduate students received federal student loans and the average loan amount is $6,394.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14623 (84%)$9,630340 (46%)$4,362557 (75%)$7,087
2014-15558 (86%)$10,919311 (48%)$4,767456 (70%)$7,385
2015-16569 (87%)$9,533333 (51%)$4,369474 (72%)$7,104
2016-17556 (85%)$8,605327 (50%)$4,606450 (68%)$6,705
2017-18543 (88%)$9,396335 (54%)$4,531396 (64%)$5,432
2018-19510 (86%)$10,596315 (53%)$4,851333 (56%)$5,578
2019-20529 (85%)$10,889312 (50%)$5,037359 (58%)$5,992
2020-21578 (96%)$13,999292 (48%)$4,914350 (58%)$5,978
2021-22502 (96%)$13,962241 (46%)$5,278278 (53%)$6,282
Average552 (88.11%)$10,837312 (49.56%)$4,746406 (63.78%)$6,394

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

For the last 10 years, on average, 126 (93.22 % of students) received grants or scholarships and its average amount is $12,762. It can cover 42.61% of tuition & fees ($29,950).
In addition, 85 (62.44 % of students) students get helped from the students loans (average amount : $5,636).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14134 (89%)$10,533134 (89%)$6,439
2014-15115 (93%)$12,99885 (69%)$8,010
2015-16113 (99%)$11,12387 (76%)$6,804
2016-17123 (85%)$9,47489 (62%)$7,865
2017-18142 (93%)$10,36385 (56%)$3,769
2018-19126 (89%)$11,50164 (45%)$3,712
2019-20126 (93%)$12,12681 (60%)$4,394
2020-21154 (100%)$18,94687 (56%)$5,188
2021-22101 (98%)$17,79450 (49%)$4,541
Average126 (93.22%)$12,76285 (62.44%)$5,636
*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, 67 (49.56 % of students) received Pell (federal) grants and its average amount is $5,004.
In addition, 77 students received State/local government grants/scholarships (57.00 % 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
2013-1468 (45%)$4,16343 (28%)$1,00990 (60%)$3,867118 (78%)$6,245
2014-1554 (44%)$4,73941 (33%)$49872 (58%)$4,685106 (85%)$8,313
2015-1675 (66%)$4,44842 (37%)$22274 (65%)$3,877110 (96%)$5,701
2016-1768 (47%)$4,96247 (33%)$20067 (47%)$4,495102 (71%)$5,072
2017-1884 (55%)$4,73555 (36%)$18093 (61%)$4,831130 (86%)$4,728
2018-1971 (50%)$5,16760 (43%)$18877 (55%)$6,393111 (79%)$5,214
2019-2063 (47%)$5,51752 (39%)$19284 (62%)$7,653123 (91%)$4,288
2020-2176 (49%)$5,366136 (88%)$1,33081 (53%)$7,517153 (99%)$11,242
2021-2244 (43%)$5,93687 (84%)$97954 (52%)$10,63599 (96%)$8,853
Average67 (49.56%)$5,00463 (46.78%)$53377 (57.00%)$5,995117 (86.78%)$6,628
*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, 85 (62.44 % of students) get any students loan help and its average loan amount is $85.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14134 (89%)$6,439134 (89%)$5,53410 (7%)$12,125
2014-1585 (69%)$8,01082 (66%)$6,52110 (8%)$14,610
2015-1687 (76%)$6,80487 (76%)$5,8026 (5%)$14,534
2016-1789 (62%)$7,86588 (61%)$5,18616 (11%)$15,226
2017-1885 (56%)$3,76985 (56%)$3,769--
2018-1964 (45%)$3,71264 (45%)$3,712--
2019-2081 (60%)$4,39481 (60%)$4,394--
2020-2187 (56%)$5,18886 (56%)$4,9311 (1%)$27,300
2021-2250 (49%)$4,54150 (49%)$4,541--
Average85 (62.44%)$5,63684 (62.00%)$4,9329 (6.40%)$16,759
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