Scholarships, Grants, and Loan Trends at Holmes CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,794, which is 67.22 % of all undergraduate students. 924 students which is 16.22% of undergraduate students received federal student loans and the average loan amount is $5,005.
For full-time, first-time beginning students (freshmen), 87.22% of students received grants or scholarships and 23% 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 Holmes Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,794, which is 67.22 % of all undergraduate students. 924 students which is 16.22% of undergraduate students received federal student loans and the average loan amount is $5,005.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,163 (71%)$3,7283,246 (55%)$3,9001,268 (21%)$3,549
2014-154,081 (70%)$3,7643,119 (54%)$4,0501,146 (20%)$3,713
2015-163,841 (66%)$3,7412,828 (49%)$4,0951,065 (18%)$3,926
2016-173,860 (67%)$3,7292,863 (50%)$3,7841,011 (18%)$5,405
2017-183,826 (66%)$4,0402,583 (45%)$4,397979 (17%)$5,307
2018-193,695 (65%)$4,1372,410 (43%)$4,543844 (15%)$5,671
2019-203,802 (69%)$4,5102,451 (44%)$4,619778 (14%)$5,796
2020-213,682 (68%)$4,5122,286 (42%)$4,694644 (12%)$5,689
2021-223,193 (63%)$4,4692,168 (43%)$4,718579 (11%)$5,985
Average3,794 (67.22%)$4,0702,662 (47.22%)$4,311924 (16.22%)$5,005

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

For the last 10 years, on average, 927 (87.22 % of students) received grants or scholarships and its average amount is $5,015. It can cover 80.76% of tuition & fees ($6,210) based on out-of-state rate.
In addition, 240 (22.56 % of students) students get helped from the students loans (average amount : $2,560).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14924 (88%)$4,202291 (28%)$2,166
2014-15837 (87%)$4,502247 (26%)$2,154
2015-16827 (87%)$4,586286 (30%)$2,185
2016-17956 (85%)$4,557322 (28%)$2,378
2017-18938 (88%)$4,950323 (30%)$2,444
2018-19928 (84%)$5,462244 (22%)$2,442
2019-201,054 (89%)$5,858227 (19%)$2,559
2020-21963 (91%)$5,672141 (13%)$2,387
2021-22915 (86%)$5,34575 (7%)$4,321
Average927 (87.22%)$5,015240 (22.56%)$2,560
*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, 659 (62.11 % of students) received Pell (federal) grants and its average amount is $4,927.
In addition, 252 students received State/local government grants/scholarships (23.44 % 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
2013-14686 (65%)$4,40330 (3%)$924197 (19%)$498389 (37%)$1,894
2014-15648 (67%)$4,57753 (6%)$892183 (19%)$536363 (38%)$1,810
2015-16638 (67%)$4,67588 (9%)$1,011153 (16%)$560384 (40%)$1,654
2016-17683 (60%)$4,56992 (8%)$889273 (24%)$654544 (48%)$1,793
2017-18640 (60%)$5,09695 (9%)$859238 (22%)$704547 (51%)$2,070
2018-19681 (62%)$5,176128 (12%)$920264 (24%)$761599 (54%)$2,046
2019-20716 (61%)$5,190803 (68%)$980375 (32%)$810665 (56%)$2,058
2020-21619 (58%)$5,378801 (75%)$881288 (27%)$700564 (53%)$2,174
2021-22624 (59%)$5,276129 (12%)$855297 (28%)$786483 (45%)$2,599
Average659 (62.11%)$4,927247 (22.44%)$912252 (23.44%)$668504 (46.89%)$2,011
*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, 240 (22.56 % of students) get any students loan help and its average loan amount is $240.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14291 (28%)$2,166291 (28%)$2,166--
2014-15247 (26%)$2,154247 (26%)$2,154--
2015-16286 (30%)$2,185286 (30%)$2,185--
2016-17322 (28%)$2,378322 (28%)$2,378--
2017-18323 (30%)$2,444323 (30%)$2,444--
2018-19244 (22%)$2,442244 (22%)$2,442--
2019-20227 (19%)$2,559227 (19%)$2,559--
2020-21141 (13%)$2,387141 (13%)$2,387--
2021-2275 (7%)$4,32175 (7%)$4,321--
Average240 (22.56%)$2,560240 (22.56%)$2,560--
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