How IVCC'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 Illinois Valley Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,101, which is 35.44 % of all undergraduate students. 179 students which is 5.56% of undergraduate students received federal student loans and the average loan amount is $4,894.

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	1,424 (38%)	$3,888	1,279 (35%)	$3,501	333 (9%)	$4,880
2014-15	1,351 (38%)	$3,860	1,221 (35%)	$3,487	280 (8%)	$4,803
2015-16	1,189 (36%)	$3,919	1,065 (32%)	$3,611	228 (7%)	$4,719
2016-17	1,163 (36%)	$4,084	1,046 (33%)	$3,609	187 (6%)	$4,618
2017-18	1,131 (35%)	$4,255	994 (31%)	$3,748	176 (5%)	$4,818
2018-19	1,020 (34%)	$4,251	861 (29%)	$3,916	148 (5%)	$5,001
2019-20	969 (34%)	$5,706	831 (29%)	$4,505	127 (4%)	$5,410
2020-21	827 (34%)	$4,636	684 (28%)	$4,140	71 (3%)	$5,431
2021-22	833 (34%)	$4,470	700 (28%)	$3,912	63 (3%)	$4,364
Average	1,101 (35.44%)	$4,341	965 (31.11%)	$3,825	179 (5.56%)	$4,894

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

Overview

For the last 10 years, on average, 155 (51.44 % of students) received grants or scholarships and its average amount is $5,089. It can cover 33.97% of tuition & fees ($14,981) based on out-of-state rate.

In addition, 21 (7.89 % of students) students get helped from the students loans (average amount : $4,127).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	125 (64%)	$4,505	33 (17%)	$4,267
2014-15	118 (49%)	$4,357	20 (8%)	$4,011
2015-16	120 (59%)	$4,704	20 (10%)	$3,817
2016-17	103 (56%)	$4,730	20 (11%)	$4,112
2017-18	194 (52%)	$5,093	26 (7%)	$3,802
2018-19	228 (53%)	$5,130	29 (7%)	$4,243
2019-20	196 (48%)	$6,700	24 (6%)	$4,361
2020-21	174 (43%)	$5,253	9 (2%)	$4,772
2021-22	137 (39%)	$5,328	11 (3%)	$3,756
Average	155 (51.44%)	$5,089	21 (7.89%)	$4,127

^*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, 142 (47.22 % of students) received Pell (federal) grants and its average amount is $4,449.

In addition, 83 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	120 (61%)	$4,067	2 (1%)	$971	45 (23%)	$1,208	12 (6%)	$1,560
2014-15	109 (45%)	$4,003	4 (2%)	$675	44 (18%)	$1,321	11 (5%)	$1,545
2015-16	114 (56%)	$4,261	1 (0%)	$600	43 (21%)	$1,302	10 (5%)	$2,220
2016-17	94 (51%)	$4,197	4 (2%)	$645	39 (21%)	$1,353	15 (8%)	$2,494
2017-18	172 (46%)	$4,541	4 (1%)	$650	104 (28%)	$1,436	29 (8%)	$1,898
2018-19	205 (48%)	$4,665	7 (2%)	$807	132 (31%)	$1,174	28 (7%)	$1,885
2019-20	185 (45%)	$5,172	179 (44%)	$702	123 (30%)	$1,408	21 (5%)	$2,746
2020-21	151 (37%)	$4,667	2 (0%)	$700	121 (30%)	$1,259	23 (6%)	$2,410
2021-22	126 (36%)	$4,464	8 (2%)	$925	93 (26%)	$1,329	15 (4%)	$2,425
Average	142 (47.22%)	$4,449	23 (7.71%)	$742	83 (25.33%)	$1,310	18 (6.00%)	$2,131

^*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, 21 (7.89 % of students) get any students loan help and its average loan amount is $21.

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	33 (17%)	$4,267	33 (17%)	$4,267	-	-
2014-15	20 (8%)	$4,011	20 (8%)	$4,011	-	-
2015-16	20 (10%)	$3,817	20 (10%)	$3,817	-	-
2016-17	20 (11%)	$4,112	20 (11%)	$4,112	-	-
2017-18	26 (7%)	$3,802	26 (7%)	$3,802	-	-
2018-19	29 (7%)	$4,243	29 (7%)	$4,243	-	-
2019-20	24 (6%)	$4,361	24 (6%)	$4,361	-	-
2020-21	9 (2%)	$4,772	9 (2%)	$4,772	-	-
2021-22	11 (3%)	$3,756	11 (3%)	$3,756	-	-
Average	21 (7.89%)	$4,127	21 (7.89%)	$4,127	-	-

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Scholarships, Grants, and Loan Trends at IVCC

All Undergraduate Students Financial Aid Over Time

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