Scholarships, Grants, and Loan Trends at ICC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,815, which is 42.56 % of all undergraduate students. 932 students which is 10.11% of undergraduate students received federal student loans and the average loan amount is $4,716.
For full-time, first-time beginning students (freshmen), 62.33% of students received grants or scholarships and 16% 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 Illinois Central College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,815, which is 42.56 % of all undergraduate students. 932 students which is 10.11% of undergraduate students received federal student loans and the average loan amount is $4,716.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,431 (41%)$3,4903,044 (28%)$3,2211,214 (11%)$3,960
2014-154,062 (39%)$3,5532,748 (27%)$3,2621,026 (10%)$4,093
2015-163,729 (38%)$3,7572,576 (27%)$3,3291,105 (11%)$4,190
2016-173,315 (36%)$3,9992,358 (25%)$3,3941,081 (12%)$4,095
2017-183,514 (38%)$3,6082,449 (26%)$3,3821,078 (12%)$4,235
2018-193,299 (37%)$3,7082,249 (25%)$3,387961 (11%)$4,045
2019-202,892 (33%)$4,0171,181 (13%)$4,741862 (10%)$6,007
2020-213,639 (47%)$4,4021,793 (23%)$4,773602 (8%)$6,426
2021-225,456 (74%)$2,7881,625 (22%)$3,315461 (6%)$5,396
Average3,815 (42.56%)$3,7022,225 (24.00%)$3,645932 (10.11%)$4,716

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

For the last 10 years, on average, 628 (62.33 % of students) received grants or scholarships and its average amount is $4,736. It can cover 40.64% of tuition & fees ($11,654) based on out-of-state rate.
In addition, 174 (16.22 % of students) students get helped from the students loans (average amount : $4,404).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14713 (63%)$4,061195 (17%)$3,745
2014-15700 (63%)$4,071192 (17%)$3,849
2015-16624 (54%)$5,020207 (18%)$4,213
2016-17525 (51%)$5,211210 (20%)$3,880
2017-18610 (54%)$4,810220 (19%)$4,655
2018-19589 (51%)$5,211209 (18%)$4,278
2019-20567 (52%)$5,829166 (15%)$5,314
2020-21569 (73%)$4,42195 (12%)$5,116
2021-22759 (100%)$3,99476 (10%)$4,584
Average628 (62.33%)$4,736174 (16.22%)$4,404
*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, 369 (35.11 % of students) received Pell (federal) grants and its average amount is $4,403.
In addition, 208 students received State/local government grants/scholarships (20.33 % 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
2013-14440 (39%)$3,88136 (3%)$669180 (16%)$1,258297 (26%)$3,155
2014-15419 (38%)$3,90618 (2%)$533179 (16%)$1,288310 (28%)$3,138
2015-16414 (36%)$4,17791 (8%)$557170 (15%)$1,341286 (25%)$3,931
2016-17376 (36%)$4,19159 (6%)$550226 (22%)$1,228186 (18%)$4,568
2017-18403 (35%)$4,264107 (9%)$772236 (21%)$1,239314 (28%)$2,678
2018-19414 (36%)$4,284121 (10%)$777256 (22%)$1,379306 (26%)$2,773
2019-20384 (35%)$5,251381 (35%)$815268 (24%)$1,465210 (19%)$2,787
2020-21239 (31%)$5,144514 (66%)$1,118177 (23%)$1,453156 (20%)$2,909
2021-22229 (30%)$4,530758 (100%)$1,942184 (24%)$1,193131 (17%)$2,313
Average369 (35.11%)$4,403232 (26.56%)$859208 (20.33%)$1,316244 (23.00%)$3,139
*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, 174 (16.22 % of students) get any students loan help and its average loan amount is $174.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14195 (17%)$3,745180 (16%)$3,61518 (2%)$4,418
2014-15192 (17%)$3,849170 (15%)$3,63322 (2%)$5,517
2015-16207 (18%)$4,213196 (17%)$4,09111 (1%)$6,384
2016-17210 (20%)$3,880204 (20%)$3,7339 (1%)$5,922
2017-18220 (19%)$4,655200 (18%)$4,25925 (2%)$6,898
2018-19209 (18%)$4,278194 (17%)$3,98918 (2%)$6,681
2019-20166 (15%)$5,314159 (15%)$5,1219 (1%)$7,553
2020-2195 (12%)$5,11688 (11%)$4,9447 (1%)$7,282
2021-2276 (10%)$4,58472 (9%)$4,4477 (1%)$4,037
Average174 (16.22%)$4,404163 (15.33%)$4,20414 (1.44%)$6,077
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