How Herkimer College'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 Herkimer County Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,413, which is 53.22 % of all undergraduate students. 1,099 students which is 40.67% of undergraduate students received federal student loans and the average loan amount is $5,154.

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	1,923 (60%)	$5,186	1,596 (50%)	$3,889	1,542 (48%)	$5,348
2014-15	1,705 (52%)	$5,370	1,432 (44%)	$3,988	1,376 (42%)	$5,376
2015-16	1,595 (53%)	$5,489	1,321 (44%)	$4,048	1,273 (42%)	$5,352
2016-17	1,502 (57%)	$5,315	1,248 (47%)	$3,976	1,667 (63%)	$3,771
2017-18	1,469 (56%)	$5,826	1,227 (47%)	$4,073	1,106 (42%)	$5,209
2018-19	1,239 (52%)	$6,073	1,010 (42%)	$4,193	889 (37%)	$5,257
2019-20	1,188 (50%)	$7,027	964 (40%)	$4,509	776 (32%)	$5,357
2020-21	1,047 (47%)	$7,038	836 (38%)	$4,434	658 (30%)	$5,191
2021-22	1,045 (52%)	$8,069	747 (37%)	$4,541	607 (30%)	$5,527
Average	1,413 (53.22%)	$6,155	1,153 (43.22%)	$4,183	1,099 (40.67%)	$5,154

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

Overview

For the last 10 years, on average, 453 (81.11 % of students) received grants or scholarships and its average amount is $6,590. It can cover 114.10% of tuition & fees ($5,776) based on out-of-state rate.

In addition, 318 (55.78 % of students) students get helped from the students loans (average amount : $5,198).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	558 (82%)	$5,276	422 (62%)	$5,016
2014-15	505 (79%)	$5,633	387 (61%)	$5,173
2015-16	541 (81%)	$5,781	398 (59%)	$5,244
2016-17	509 (79%)	$5,763	403 (63%)	$5,321
2017-18	486 (81%)	$6,174	360 (60%)	$5,095
2018-19	331 (76%)	$6,801	213 (49%)	$4,967
2019-20	452 (86%)	$7,475	278 (53%)	$5,217
2020-21	355 (79%)	$7,402	217 (48%)	$5,554
2021-22	337 (87%)	$9,007	183 (47%)	$5,192
Average	453 (81.11%)	$6,590	318 (55.78%)	$5,198

^*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, 363 (64.78 % of students) received Pell (federal) grants and its average amount is $4,559.

In addition, 421 students received State/local government grants/scholarships (74.89 % 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	453 (66%)	$4,129	90 (13%)	$351	528 (77%)	$1,888	43 (6%)	$1,047
2014-15	417 (65%)	$4,337	70 (11%)	$354	466 (73%)	$2,050	46 (7%)	$1,216
2015-16	445 (67%)	$4,401	106 (16%)	$377	517 (77%)	$2,084	47 (7%)	$1,107
2016-17	404 (63%)	$4,429	85 (13%)	$416	492 (76%)	$2,103	47 (7%)	$1,569
2017-18	388 (65%)	$4,413	54 (9%)	$527	448 (75%)	$2,650	65 (11%)	$1,118
2018-19	257 (59%)	$4,883	57 (13%)	$584	298 (68%)	$3,030	58 (13%)	$1,032
2019-20	365 (70%)	$4,788	201 (38%)	$1,432	426 (81%)	$3,073	43 (8%)	$788
2020-21	288 (64%)	$4,726	234 (52%)	$1,230	324 (72%)	$2,838	48 (11%)	$1,232
2021-22	247 (64%)	$4,929	301 (78%)	$2,806	288 (75%)	$2,889	122 (32%)	$1,156
Average	363 (64.78%)	$4,559	133 (27.00%)	$897	421 (74.89%)	$2,512	58 (11.33%)	$1,141

^*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, 318 (55.78 % of students) get any students loan help and its average loan amount is $318.

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	422 (62%)	$5,016	421 (62%)	$4,832	14 (2%)	$5,907
2014-15	387 (61%)	$5,173	386 (61%)	$5,027	14 (2%)	$4,385
2015-16	398 (59%)	$5,244	397 (59%)	$5,012	15 (2%)	$6,470
2016-17	403 (63%)	$5,321	401 (62%)	$4,964	19 (3%)	$8,079
2017-18	360 (60%)	$5,095	358 (60%)	$4,762	19 (3%)	$6,803
2018-19	213 (49%)	$4,967	213 (49%)	$4,808	5 (1%)	$6,763
2019-20	278 (53%)	$5,217	276 (53%)	$4,970	12 (2%)	$6,541
2020-21	217 (48%)	$5,554	217 (48%)	$4,931	13 (3%)	$10,406
2021-22	183 (47%)	$5,192	180 (47%)	$4,905	6 (2%)	$11,233
Average	318 (55.78%)	$5,198	317 (55.67%)	$4,912	13 (2.22%)	$7,399

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Scholarships, Grants, and Loan Trends at Herkimer College

All Undergraduate Students Financial Aid Over Time

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