How GC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Garrett College since 2013.

For that period, the average number of students who received grants aid/scholarships is 557, which is 81.22 % of all undergraduate students. 268 students which is 39.11% of undergraduate students received federal student loans and the average loan amount is $5,488.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	638 (83%)	$4,442	448 (58%)	$3,858	295 (38%)	$5,616
2014-15	591 (83%)	$4,478	403 (57%)	$4,038	292 (41%)	$5,833
2015-16	580 (81%)	$4,700	380 (53%)	$4,092	265 (37%)	$5,761
2016-17	667 (88%)	$3,992	388 (51%)	$3,914	283 (38%)	$5,508
2017-18	562 (84%)	$4,186	312 (46%)	$4,177	372 (55%)	$5,250
2018-19	437 (66%)	$5,035	287 (44%)	$4,284	329 (50%)	$5,482
2019-20	594 (91%)	$4,037	288 (44%)	$4,357	201 (31%)	$5,547
2020-21	577 (92%)	$3,848	224 (36%)	$4,326	231 (37%)	$5,180
2021-22	367 (63%)	$6,479	174 (30%)	$4,357	142 (25%)	$5,219
Average	557 (81.22%)	$4,577	323 (46.56%)	$4,156	268 (39.11%)	$5,488

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

Overview

For the last 10 years, on average, 175 (91.78 % of students) received grants or scholarships and its average amount is $5,243. It can cover 46.12% of tuition & fees ($11,368) based on out-of-state rate.

In addition, 97 (50.11 % of students) students get helped from the students loans (average amount : $5,605).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	200 (93%)	$4,849	110 (51%)	$5,429
2014-15	194 (89%)	$4,654	96 (44%)	$5,820
2015-16	165 (92%)	$5,111	74 (41%)	$5,806
2016-17	166 (90%)	$5,166	88 (48%)	$5,946
2017-18	201 (92%)	$4,899	154 (70%)	$5,160
2018-19	176 (87%)	$5,124	136 (67%)	$5,827
2019-20	186 (94%)	$5,494	77 (39%)	$5,610
2020-21	130 (90%)	$5,982	74 (51%)	$5,117
2021-22	157 (99%)	$5,910	63 (40%)	$5,727
Average	175 (91.78%)	$5,243	97 (50.11%)	$5,605

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 114 (59.22 % of students) received Pell (federal) grants and its average amount is $4,452.

In addition, 50 students received State/local government grants/scholarships (25.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	146 (68%)	$4,275	18 (8%)	$688	74 (34%)	$1,849	84 (39%)	$2,338
2014-15	134 (62%)	$4,035	19 (9%)	$654	68 (31%)	$1,767	86 (40%)	$2,670
2015-16	110 (61%)	$4,484	13 (7%)	$692	38 (21%)	$2,466	88 (49%)	$2,811
2016-17	115 (62%)	$4,498	12 (6%)	$719	52 (28%)	$2,309	79 (43%)	$2,677
2017-18	136 (62%)	$4,253	20 (9%)	$546	47 (21%)	$2,177	104 (47%)	$2,817
2018-19	113 (56%)	$4,532	36 (18%)	$663	27 (13%)	$2,458	109 (54%)	$2,747
2019-20	120 (61%)	$4,536	155 (79%)	$816	94 (48%)	$3,318	30 (15%)	$1,304
2020-21	74 (51%)	$4,910	105 (72%)	$944	26 (18%)	$4,097	74 (51%)	$2,821
2021-22	79 (50%)	$4,549	157 (99%)	$2,547	23 (14%)	$3,065	49 (31%)	$2,005
Average	114 (59.22%)	$4,452	59 (34.11%)	$919	50 (25.33%)	$2,612	78 (41.00%)	$2,466

^*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..

Student Loans

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, 97 (50.11 % of students) get any students loan help and its average loan amount is $97.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	110 (51%)	$5,429	110 (51%)	$5,384	1 (0%)	$5,000
2014-15	96 (44%)	$5,820	96 (44%)	$5,711	1 (0%)	$10,461
2015-16	74 (41%)	$5,806	74 (41%)	$5,792	1 (1%)	$1,074
2016-17	88 (48%)	$5,946	88 (48%)	$5,701	3 (2%)	$7,200
2017-18	154 (70%)	$5,160	153 (70%)	$5,086	2 (1%)	$8,256
2018-19	136 (67%)	$5,827	135 (67%)	$5,549	5 (2%)	$8,666
2019-20	77 (39%)	$5,610	76 (39%)	$5,412	2 (1%)	$10,300
2020-21	74 (51%)	$5,117	74 (51%)	$4,423	5 (3%)	$10,263
2021-22	63 (40%)	$5,727	61 (38%)	$4,997	5 (3%)	$11,200
Average	97 (50.11%)	$5,605	96 (49.89%)	$5,339	3 (1.86%)	$8,047

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Scholarships, Grants, and Loan Trends at GC

All Undergraduate Students Financial Aid Over Time

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