Scholarships, Grants, and Loan Trends at Kennebec Valley CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,602, which is 67.33 % of all undergraduate students. 667 students which is 27.78% of undergraduate students received federal student loans and the average loan amount is $6,170.
For full-time, first-time beginning students (freshmen), 79.22% of students received grants or scholarships and 38% 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 Kennebec Valley Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,602, which is 67.33 % of all undergraduate students. 667 students which is 27.78% of undergraduate students received federal student loans and the average loan amount is $6,170.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,170 (52%)$4,151989 (44%)$3,517759 (34%)$5,487
2014-151,206 (50%)$4,059927 (39%)$3,501735 (31%)$5,864
2015-161,131 (46%)$4,526925 (38%)$3,576714 (29%)$6,058
2016-171,151 (45%)$4,449908 (36%)$3,583718 (28%)$6,024
2017-182,098 (82%)$2,6241,028 (40%)$3,314776 (30%)$5,333
2018-192,093 (85%)$3,280860 (35%)$5,246792 (32%)$5,983
2019-201,860 (77%)$3,486778 (32%)$5,317663 (28%)$6,600
2020-211,876 (82%)$3,710714 (31%)$4,186486 (21%)$7,518
2021-221,833 (87%)$4,692629 (30%)$5,661359 (17%)$6,666
Average1,602 (67.33%)$3,886862 (36.11%)$4,211667 (27.78%)$6,170

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

For the last 10 years, on average, 147 (79.22 % of students) received grants or scholarships and its average amount is $5,876. It can cover 91.21% of tuition & fees ($6,442) based on out-of-state rate.
In addition, 71 (38.11 % of students) students get helped from the students loans (average amount : $5,472).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14123 (82%)$4,79166 (44%)$5,290
2014-15140 (83%)$4,77985 (50%)$5,864
2015-16160 (79%)$6,30669 (34%)$5,266
2016-17123 (66%)$4,74074 (40%)$5,156
2017-18149 (75%)$4,82782 (41%)$4,794
2018-19168 (83%)$4,62092 (46%)$5,489
2019-20152 (75%)$5,62769 (34%)$5,803
2020-21170 (84%)$5,87648 (24%)$5,945
2021-22141 (86%)$11,31450 (30%)$5,644
Average147 (79.22%)$5,87671 (38.11%)$5,472
*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, 108 (58.22 % of students) received Pell (federal) grants and its average amount is $4,857.
In addition, 86 students received State/local government grants/scholarships (46.78 % 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
2013-14107 (71%)$4,0958 (5%)$34174 (49%)$1,12757 (38%)$1,140
2014-15108 (64%)$4,3484 (2%)$46380 (47%)$1,18288 (52%)$1,171
2015-16132 (65%)$4,61615 (7%)$307111 (55%)$2,85969 (34%)$1,127
2016-1794 (51%)$4,32012 (6%)$33359 (32%)$1,76067 (36%)$1,031
2017-1899 (50%)$5,12911 (6%)$34563 (32%)$1,68389 (45%)$1,142
2018-19116 (57%)$5,02218 (9%)$35671 (35%)$1,28983 (41%)$1,153
2019-20112 (55%)$5,40950 (25%)$487100 (50%)$1,32273 (36%)$1,272
2020-21114 (56%)$5,35991 (45%)$1,177117 (58%)$1,45591 (45%)$1,216
2021-2291 (55%)$5,414129 (79%)$6,157103 (63%)$2,14473 (45%)$1,200
Average108 (58.22%)$4,85738 (20.44%)$1,10786 (46.78%)$1,64777 (41.33%)$1,161
*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, 71 (38.11 % of students) get any students loan help and its average loan amount is $71.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1466 (44%)$5,29066 (44%)$5,1841 (1%)$7,000
2014-1585 (50%)$5,86485 (50%)$5,864--
2015-1669 (34%)$5,26669 (34%)$5,1281 (0%)$9,500
2016-1774 (40%)$5,15674 (40%)$4,9443 (2%)$5,219
2017-1882 (41%)$4,79482 (41%)$4,7331 (1%)$5,000
2018-1992 (46%)$5,48991 (45%)$5,4951 (0%)$5,000
2019-2069 (34%)$5,80369 (34%)$5,803--
2020-2148 (24%)$5,94548 (24%)$5,945--
2021-2250 (30%)$5,64450 (30%)$5,644--
Average71 (38.11%)$5,47270 (38.00%)$5,4161 (1.33%)$6,344
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