Scholarships, Grants, and Loan Trends at Illinois

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,003, which is 98.89 % of all undergraduate students. 838 students which is 82.89% of undergraduate students received federal student loans and the average loan amount is $7,128.
For full-time, first-time beginning students (freshmen), 99.89% of students received grants or scholarships and 83% 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 College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,003, which is 98.89 % of all undergraduate students. 838 students which is 82.89% of undergraduate students received federal student loans and the average loan amount is $7,128.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14985 (98%)$19,869374 (37%)$4,495875 (87%)$8,812
2014-15954 (100%)$21,137377 (39%)$4,543850 (89%)$7,344
2015-16936 (98%)$22,022399 (42%)$4,536759 (80%)$7,189
2016-17953 (99%)$23,436396 (41%)$4,597750 (78%)$7,175
2017-18953 (99%)$24,143403 (42%)$4,610847 (88%)$7,242
2018-19973 (99%)$25,186427 (43%)$4,831861 (88%)$6,735
2019-201,045 (99%)$26,203437 (41%)$4,640798 (75%)$6,499
2020-211,130 (98%)$25,792470 (41%)$4,734854 (74%)$6,532
2021-221,097 (100%)$27,424430 (39%)$4,912952 (87%)$6,625
Average1,003 (98.89%)$23,912413 (40.56%)$4,655838 (82.89%)$7,128

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

For the last 10 years, on average, 275 (99.89 % of students) received grants or scholarships and its average amount is $25,313. It can cover 67.55% of tuition & fees ($37,470).
In addition, 227 (82.78 % of students) students get helped from the students loans (average amount : $7,395).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14270 (100%)$21,783254 (94%)$7,619
2014-15253 (100%)$22,946238 (94%)$7,669
2015-16238 (99%)$23,618193 (80%)$7,787
2016-17293 (100%)$24,557234 (80%)$7,355
2017-18258 (100%)$25,396196 (76%)$7,754
2018-19294 (100%)$25,943233 (79%)$7,381
2019-20323 (100%)$26,942261 (81%)$7,556
2020-21294 (100%)$26,845219 (74%)$7,127
2021-22249 (100%)$29,785217 (87%)$6,306
Average275 (99.89%)$25,313227 (82.78%)$7,395
*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, 123 (44.78 % of students) received Pell (federal) grants and its average amount is $4,746.
In addition, 122 students received State/local government grants/scholarships (44.33 % 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
2013-14128 (47%)$4,688104 (39%)$200120 (44%)$4,526270 (100%)$17,472
2014-15119 (47%)$4,80673 (29%)$200114 (45%)$4,510253 (100%)$18,596
2015-16114 (48%)$4,85189 (37%)$200105 (44%)$4,510237 (99%)$19,311
2016-17128 (44%)$4,613117 (40%)$200138 (47%)$4,585293 (100%)$20,302
2017-18110 (43%)$4,71790 (35%)$200117 (45%)$4,869258 (100%)$21,107
2018-19130 (44%)$4,921118 (40%)$200132 (45%)$4,903294 (100%)$21,486
2019-20142 (44%)$4,537287 (89%)$1,705141 (44%)$5,070323 (100%)$21,219
2020-21138 (47%)$4,450269 (91%)$720140 (48%)$5,013294 (100%)$21,710
2021-2298 (39%)$5,128249 (100%)$1,58493 (37%)$5,629249 (100%)$24,080
Average123 (44.78%)$4,746155 (55.56%)$579122 (44.33%)$4,846275 (99.89%)$20,587
*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, 227 (82.78 % of students) get any students loan help and its average loan amount is $227.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14254 (94%)$7,619254 (94%)$6,81620 (7%)$10,198
2014-15238 (94%)$7,669238 (94%)$6,90518 (7%)$10,099
2015-16193 (80%)$7,787193 (80%)$6,70619 (8%)$10,982
2016-17234 (80%)$7,355233 (80%)$6,47722 (8%)$9,628
2017-18196 (76%)$7,754194 (75%)$6,65119 (7%)$12,083
2018-19233 (79%)$7,381232 (79%)$5,72535 (12%)$11,187
2019-20261 (81%)$7,556260 (80%)$5,50251 (16%)$10,619
2020-21219 (74%)$7,127219 (74%)$5,29437 (13%)$10,848
2021-22217 (87%)$6,306216 (87%)$5,28024 (10%)$9,491
Average227 (82.78%)$7,395227 (82.56%)$6,15127 (9.78%)$10,571
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