Scholarships, Grants, and Loan Trends at Jersey

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,574, which is 61.44 % of all undergraduate students. 3,288 students which is 78.22% of undergraduate students received federal student loans and the average loan amount is $8,128.

For full-time, first-time beginning students (freshmen), 69.22% of students received grants or scholarships and 80% of students received student loans.

School Home 2023 Financial Aid

There are multiple same-named institutes of Jersey College. This page describes a school located in Teterboro, NJ. You may want to view a school located in another city and/or state on the Jersey College locations page.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Jersey College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,574, which is 61.44 % of all undergraduate students. 3,288 students which is 78.22% of undergraduate students received federal student loans and the average loan amount is $8,128.

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	1,996 (65%)	$3,671	1,967 (64%)	$3,592	2,431 (79%)	$8,263
2014-15	2,058 (61%)	$3,589	2,035 (61%)	$3,429	2,601 (78%)	$7,467
2015-16	2,037 (63%)	$3,657	2,004 (62%)	$3,582	2,539 (78%)	$7,813
2016-17	2,513 (64%)	$3,814	2,471 (63%)	$3,778	3,199 (82%)	$8,009
2017-18	2,868 (62%)	$4,149	2,821 (61%)	$3,998	3,624 (79%)	$8,107
2018-19	3,079 (63%)	$4,413	3,036 (62%)	$4,218	3,896 (79%)	$8,235
2019-20	2,995 (60%)	$4,399	2,938 (59%)	$4,221	3,874 (77%)	$9,851
2020-21	2,875 (57%)	$3,963	2,793 (56%)	$3,813	3,747 (75%)	$7,441
2021-22	2,748 (58%)	$4,306	2,689 (57%)	$4,154	3,680 (77%)	$7,967
Average	2,574 (61.44%)	$3,996	2,528 (60.56%)	$3,865	3,288 (78.22%)	$8,128

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

Overview

For the last 10 years, on average, 431 (69.22 % of students) received grants or scholarships and its average amount is $4,057. It can cover 11.08% of tuition & fees ($36,635).

In addition, 496 (79.89 % of students) students get helped from the students loans (average amount : $7,236).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	513 (68%)	$3,863	564 (75%)	$7,745
2014-15	442 (61%)	$3,486	514 (71%)	$6,105
2015-16	457 (66%)	$3,847	505 (73%)	$7,627
2016-17	429 (70%)	$4,016	512 (83%)	$7,149
2017-18	476 (72%)	$4,210	528 (80%)	$7,360
2018-19	457 (79%)	$4,708	515 (89%)	$7,529
2019-20	383 (69%)	$4,386	448 (81%)	$7,444
2020-21	399 (72%)	$3,888	467 (84%)	$6,849
2021-22	327 (66%)	$4,112	414 (83%)	$7,320
Average	431 (69.22%)	$4,057	496 (79.89%)	$7,236

^*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, 428 (68.78 % of students) received Pell (federal) grants and its average amount is $3,932.

In addition, 28 students received State/local government grants/scholarships (4.89 % 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	511 (68%)	$3,742	-	-	18 (2%)	$3,877	-	-
2014-15	439 (61%)	$3,457	-	-	6 (1%)	$3,869	-	-
2015-16	456 (66%)	$3,822	-	-	4 (1%)	$3,848	-	-
2016-17	429 (70%)	$3,925	-	-	14 (2%)	$2,782	-	-
2017-18	471 (71%)	$4,111	-	-	29 (4%)	$2,327	-	-
2018-19	455 (79%)	$4,498	-	-	44 (8%)	$2,388	-	-
2019-20	379 (68%)	$4,219	-	-	47 (8%)	$1,715	-	-
2020-21	393 (71%)	$3,719	-	-	42 (8%)	$2,138	-	-
2021-22	321 (65%)	$3,894	-	-	49 (10%)	$1,926	-	-
Average	428 (68.78%)	$3,932	-	-	28 (4.89%)	$2,763	-	-

^*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, 496 (79.89 % of students) get any students loan help and its average loan amount is $496.

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	564 (75%)	$7,745	562 (75%)	$7,587	13 (2%)	$8,008
2014-15	514 (71%)	$6,105	511 (71%)	$5,953	9 (1%)	$10,648
2015-16	505 (73%)	$7,627	503 (73%)	$7,416	14 (2%)	$8,672
2016-17	512 (83%)	$7,149	512 (83%)	$7,020	8 (1%)	$8,241
2017-18	528 (80%)	$7,360	525 (79%)	$7,112	16 (2%)	$9,518
2018-19	515 (89%)	$7,529	513 (89%)	$7,343	13 (2%)	$8,488
2019-20	448 (81%)	$7,444	447 (81%)	$7,099	22 (4%)	$7,359
2020-21	467 (84%)	$6,849	463 (83%)	$6,316	23 (4%)	$11,920
2021-22	414 (83%)	$7,320	411 (83%)	$6,756	21 (4%)	$12,079
Average	496 (79.89%)	$7,236	494 (79.67%)	$6,956	15 (2.44%)	$9,437

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