Scholarships, Grants, and Loan Trends at Ithaca

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,366, which is 91.89 % of all undergraduate students. 3,936 students which is 67.00% of undergraduate students received federal student loans and the average loan amount is $6,634.
For full-time, first-time beginning students (freshmen), 94.78% of students received grants or scholarships and 72% 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 Ithaca College since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,366, which is 91.89 % of all undergraduate students. 3,936 students which is 67.00% of undergraduate students received federal student loans and the average loan amount is $6,634.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,469 (88%)$21,0921,251 (20%)$4,4064,249 (68%)$6,773
2014-155,405 (88%)$22,1461,171 (19%)$4,4694,225 (69%)$6,820
2015-165,663 (90%)$23,2291,220 (19%)$4,5224,260 (67%)$6,752
2016-175,669 (91%)$24,1701,209 (19%)$4,5234,012 (64%)$6,832
2017-185,598 (92%)$25,7031,200 (20%)$4,6284,111 (68%)$6,770
2018-195,687 (93%)$26,9361,218 (20%)$4,8224,149 (68%)$6,446
2019-205,493 (94%)$28,0401,133 (19%)$4,9243,998 (68%)$6,416
2020-214,700 (95%)$28,4161,006 (20%)$5,0983,170 (64%)$6,468
2021-224,609 (96%)$29,492939 (19%)$5,0333,247 (67%)$6,425
Average5,366 (91.89%)$25,4691,150 (19.44%)$4,7143,936 (67.00%)$6,634

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

For the last 10 years, on average, 1,444 (94.78 % of students) received grants or scholarships and its average amount is $26,074. It can cover 52.08% of tuition & fees ($50,070).
In addition, 1,094 (71.67 % of students) students get helped from the students loans (average amount : $5,682).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,634 (91%)$21,6531,295 (72%)$5,930
2014-151,439 (92%)$22,3281,147 (74%)$5,925
2015-161,680 (93%)$23,6531,323 (73%)$5,968
2016-171,525 (93%)$25,0731,152 (71%)$5,979
2017-181,544 (95%)$26,4851,161 (72%)$5,956
2018-191,591 (95%)$27,7351,200 (72%)$5,340
2019-201,453 (96%)$28,1091,070 (71%)$5,364
2020-21964 (98%)$29,954701 (71%)$5,311
2021-221,163 (100%)$29,677797 (69%)$5,364
Average1,444 (94.78%)$26,0741,094 (71.67%)$5,682
*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, 315 (20.56 % of students) received Pell (federal) grants and its average amount is $4,772.
In addition, 313 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
2013-14396 (22%)$4,511217 (12%)$2,786424 (24%)$2,7211,621 (91%)$19,640
2014-15291 (19%)$4,573161 (10%)$3,315328 (21%)$2,8351,430 (92%)$20,514
2015-16384 (21%)$4,570227 (13%)$3,269386 (21%)$2,9631,670 (92%)$21,615
2016-17327 (20%)$4,483170 (10%)$3,599340 (21%)$2,9201,523 (93%)$23,090
2017-18341 (21%)$4,636181 (11%)$3,800307 (19%)$3,2941,541 (95%)$24,408
2018-19344 (21%)$4,957218 (13%)$3,690340 (20%)$3,0301,590 (95%)$25,526
2019-20308 (20%)$4,945165 (11%)$4,080289 (19%)$3,1951,451 (96%)$25,998
2020-21231 (23%)$5,153292 (30%)$2,395224 (23%)$3,074963 (98%)$27,308
2021-22210 (18%)$5,120695 (60%)$2,590180 (15%)$3,1711,163 (100%)$26,714
Average315 (20.56%)$4,772258 (18.89%)$3,280313 (20.33%)$3,0231,439 (94.67%)$23,868
*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, 1,094 (71.67 % of students) get any students loan help and its average loan amount is $1,094.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,295 (72%)$5,9301,295 (72%)$5,930--
2014-151,147 (74%)$5,9251,147 (74%)$5,925--
2015-161,323 (73%)$5,9681,323 (73%)$5,968--
2016-171,152 (71%)$5,9791,152 (71%)$5,979--
2017-181,161 (72%)$5,9561,161 (72%)$5,956--
2018-191,200 (72%)$5,3401,200 (72%)$5,340--
2019-201,070 (71%)$5,3641,070 (71%)$5,364--
2020-21701 (71%)$5,311701 (71%)$5,311--
2021-22797 (69%)$5,364797 (69%)$5,364--
Average1,094 (71.67%)$5,6821,094 (71.67%)$5,682--
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