How Iowa Lakes CC'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 Iowa Lakes Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 921, which is 42.44 % of all undergraduate students. 635 students which is 28.67% of undergraduate students received federal student loans and the average loan amount is $5,574.

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	1,169 (44%)	$4,551	829 (31%)	$3,867	1,023 (39%)	$5,842
2014-15	1,037 (43%)	$4,827	703 (29%)	$4,144	846 (35%)	$5,524
2015-16	948 (40%)	$5,022	616 (26%)	$4,037	700 (30%)	$5,661
2016-17	870 (40%)	$4,825	565 (26%)	$3,958	655 (30%)	$5,652
2017-18	833 (40%)	$4,990	532 (26%)	$4,352	616 (30%)	$5,702
2018-19	816 (38%)	$5,249	508 (24%)	$4,435	582 (27%)	$5,509
2019-20	885 (43%)	$5,714	489 (24%)	$4,434	533 (26%)	$5,449
2020-21	797 (43%)	$5,834	415 (23%)	$4,419	393 (21%)	$5,429
2021-22	936 (51%)	$6,170	398 (22%)	$4,684	371 (20%)	$5,397
Average	921 (42.44%)	$5,242	562 (25.67%)	$4,259	635 (28.67%)	$5,574

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

Overview

For the last 10 years, on average, 269 (79.78 % of students) received grants or scholarships and its average amount is $5,444. It can cover 71.22% of tuition & fees ($7,644) based on out-of-state rate.

In addition, 170 (49.56 % of students) students get helped from the students loans (average amount : $5,411).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	287 (71%)	$4,727	211 (52%)	$5,025
2014-15	293 (77%)	$5,260	215 (56%)	$4,969
2015-16	279 (78%)	$5,091	186 (52%)	$5,256
2016-17	241 (76%)	$5,021	164 (52%)	$5,491
2017-18	243 (72%)	$4,964	178 (53%)	$5,431
2018-19	282 (77%)	$5,470	213 (58%)	$5,676
2019-20	250 (89%)	$6,012	120 (43%)	$5,751
2020-21	299 (85%)	$5,699	141 (40%)	$5,282
2021-22	244 (93%)	$6,751	104 (40%)	$5,816
Average	269 (79.78%)	$5,444	170 (49.56%)	$5,411

^*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, 148 (43.44 % of students) received Pell (federal) grants and its average amount is $4,445.

In addition, 54 students received State/local government grants/scholarships (16.22 % 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	174 (43%)	$3,855	35 (9%)	$869	36 (9%)	$1,549	192 (47%)	$3,123
2014-15	178 (46%)	$4,209	48 (13%)	$1,341	66 (17%)	$2,452	200 (52%)	$2,829
2015-16	160 (44%)	$4,121	38 (11%)	$1,057	43 (12%)	$1,783	201 (56%)	$3,205
2016-17	137 (43%)	$3,951	28 (9%)	$1,158	48 (15%)	$2,063	175 (55%)	$3,071
2017-18	143 (42%)	$4,866	28 (8%)	$895	34 (10%)	$1,891	159 (47%)	$2,649
2018-19	167 (46%)	$4,822	39 (11%)	$752	42 (12%)	$2,685	213 (58%)	$2,795
2019-20	126 (45%)	$4,604	200 (71%)	$950	73 (26%)	$4,211	168 (60%)	$2,532
2020-21	131 (37%)	$4,732	234 (66%)	$756	92 (26%)	$4,435	190 (54%)	$2,627
2021-22	118 (45%)	$4,846	233 (89%)	$1,823	51 (19%)	$5,252	158 (60%)	$2,423
Average	148 (43.44%)	$4,445	98 (31.89%)	$1,067	54 (16.22%)	$2,925	184 (54.33%)	$2,806

^*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, 170 (49.56 % of students) get any students loan help and its average loan amount is $170.

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	211 (52%)	$5,025	209 (52%)	$4,736	11 (3%)	$6,412
2014-15	215 (56%)	$4,969	215 (56%)	$4,515	12 (3%)	$8,141
2015-16	186 (52%)	$5,256	184 (51%)	$4,601	12 (3%)	$10,919
2016-17	164 (52%)	$5,491	162 (51%)	$4,768	16 (5%)	$8,015
2017-18	178 (53%)	$5,431	178 (53%)	$4,742	12 (4%)	$10,225
2018-19	213 (58%)	$5,676	207 (57%)	$4,807	28 (8%)	$7,643
2019-20	120 (43%)	$5,751	118 (42%)	$4,719	13 (5%)	$10,254
2020-21	141 (40%)	$5,282	138 (39%)	$4,747	9 (3%)	$9,963
2021-22	104 (40%)	$5,816	104 (40%)	$4,638	9 (3%)	$13,613
Average	170 (49.56%)	$5,411	168 (49.00%)	$4,697	14 (4.11%)	$9,465

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Scholarships, Grants, and Loan Trends at Iowa Lakes CC

All Undergraduate Students Financial Aid Over Time

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