Scholarships, Grants, and Loan Trends at Independence CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 739, which is 78.67 % of all undergraduate students. 203 students which is 22.00% of undergraduate students received federal student loans and the average loan amount is $3,846.
For full-time, first-time beginning students (freshmen), 92.33% of students received grants or scholarships and 37% 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 Independence Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 739, which is 78.67 % of all undergraduate students. 203 students which is 22.00% of undergraduate students received federal student loans and the average loan amount is $3,846.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14847 (82%)$4,044351 (34%)$4,618143 (14%)$4,100
2014-15715 (76%)$4,739340 (36%)$4,682167 (18%)$4,049
2015-16565 (58%)$5,164377 (39%)$4,774175 (18%)$4,367
2016-17949 (88%)$2,702374 (35%)$3,914241 (22%)$2,402
2017-18846 (94%)$3,165326 (36%)$4,705231 (26%)$3,549
2018-19855 (94%)$3,189366 (40%)$4,215256 (28%)$3,993
2019-20827 (93%)$3,456354 (40%)$4,638245 (28%)$3,958
2020-21506 (63%)$4,750297 (37%)$4,777205 (26%)$3,996
2021-22544 (60%)$4,733346 (38%)$4,578160 (18%)$4,200
Average739 (78.67%)$3,994348 (37.22%)$4,545203 (22.00%)$3,846

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

For the last 10 years, on average, 211 (92.33 % of students) received grants or scholarships and its average amount is $5,358. It can cover 115.22% of tuition & fees ($4,650) based on out-of-state rate.
In addition, 83 (37.00 % of students) students get helped from the students loans (average amount : $3,959).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14273 (94%)$4,72267 (23%)$4,060
2014-15206 (94%)$5,03569 (31%)$3,961
2015-16263 (96%)$5,20080 (29%)$4,334
2016-17197 (76%)$4,73486 (33%)$4,728
2017-18227 (98%)$5,049110 (47%)$3,524
2018-19209 (94%)$5,151104 (47%)$3,667
2019-20196 (95%)$6,069110 (53%)$3,983
2020-21156 (88%)$6,57482 (46%)$3,784
2021-22172 (96%)$5,68743 (24%)$3,592
Average211 (92.33%)$5,35883 (37.00%)$3,959
*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, 137 (60.67 % of students) received Pell (federal) grants and its average amount is $4,966.
In addition, 3 students received State/local government grants/scholarships (1.75 % 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
2013-14156 (54%)$4,852156 (54%)$197--247 (85%)$2,030
2014-15130 (59%)$4,930129 (59%)$2001 (0%)$1,850165 (75%)$2,234
2015-16163 (59%)$4,821162 (59%)$200--232 (84%)$2,368
2016-17118 (46%)$4,232116 (45%)$1441 (0%)$1,850193 (75%)$2,148
2017-18141 (61%)$5,035141 (61%)$1546 (3%)$2,599201 (87%)$1,984
2018-19146 (66%)$4,801133 (60%)$2473 (1%)$4,436168 (76%)$1,961
2019-20145 (70%)$5,24090 (44%)$388--156 (76%)$2,531
2020-21113 (63%)$5,63370 (39%)$3632 (1%)$1,000139 (78%)$2,601
2021-22122 (68%)$5,15476 (42%)$4293 (2%)$4,252142 (79%)$2,141
Average137 (60.67%)$4,966119 (51.44%)$2583 (1.75%)$2,665183 (79.44%)$2,222
*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, 83 (37.00 % of students) get any students loan help and its average loan amount is $83.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1467 (23%)$4,06067 (23%)$4,060--
2014-1569 (31%)$3,96169 (31%)$3,961--
2015-1680 (29%)$4,33480 (29%)$4,334--
2016-1786 (33%)$4,72886 (33%)$4,728--
2017-18110 (47%)$3,524110 (47%)$3,524--
2018-19104 (47%)$3,667104 (47%)$3,667--
2019-20110 (53%)$3,983110 (53%)$3,983--
2020-2182 (46%)$3,78482 (46%)$3,784--
2021-2243 (24%)$3,59243 (24%)$3,592--
Average83 (37.00%)$3,95983 (37.00%)$3,959--
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