Scholarships, Grants, and Loan Trends at LCCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,413, which is 68.56 % of all undergraduate students. 1,713 students which is 15.33% of undergraduate students received federal student loans and the average loan amount is $5,484.
For full-time, first-time beginning students (freshmen), 77.33% of students received grants or scholarships and 13% 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 Lorain County Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 7,413, which is 68.56 % of all undergraduate students. 1,713 students which is 15.33% of undergraduate students received federal student loans and the average loan amount is $5,484.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,071 (49%)$3,4965,519 (45%)$3,3402,816 (23%)$5,191
2014-155,620 (49%)$3,5464,987 (43%)$3,3872,541 (22%)$5,216
2015-167,833 (68%)$2,7784,371 (38%)$3,2522,097 (18%)$5,210
2016-178,125 (71%)$2,8144,093 (36%)$3,3121,940 (17%)$5,287
2017-187,822 (70%)$2,8023,907 (35%)$3,4511,756 (16%)$5,318
2018-197,619 (72%)$2,8473,512 (33%)$3,5161,466 (14%)$5,335
2019-207,545 (74%)$2,8423,325 (33%)$3,5991,273 (12%)$5,321
2020-218,178 (81%)$2,8702,839 (28%)$3,595886 (9%)$6,226
2021-227,901 (83%)$3,6562,554 (27%)$3,631646 (7%)$6,256
Average7,413 (68.56%)$3,0723,901 (35.33%)$3,4541,713 (15.33%)$5,484

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

For the last 10 years, on average, 662 (77.33 % of students) received grants or scholarships and its average amount is $4,558. It can cover 52.21% of tuition & fees ($8,730) based on out-of-state rate.
In addition, 113 (12.67 % of students) students get helped from the students loans (average amount : $4,257).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14678 (68%)$4,436203 (20%)$4,277
2014-15648 (70%)$4,563165 (18%)$4,467
2015-16692 (73%)$4,203148 (16%)$4,241
2016-17658 (75%)$4,126137 (16%)$4,233
2017-18680 (77%)$4,233102 (12%)$3,897
2018-19696 (77%)$4,596103 (11%)$4,373
2019-20669 (78%)$4,43274 (9%)$3,856
2020-21688 (92%)$4,27448 (6%)$4,092
2021-22550 (86%)$6,15936 (6%)$4,878
Average662 (77.33%)$4,558113 (12.67%)$4,257
*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, 439 (50.22 % of students) received Pell (federal) grants and its average amount is $4,411.
In addition, 24 students received State/local government grants/scholarships (3.71 % 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
2013-14548 (55%)$4,18547 (5%)$7403 (0%)$1,919248 (25%)$2,717
2014-15464 (50%)$4,55621 (2%)$7004 (0%)$2,199262 (28%)$3,127
2015-16502 (53%)$4,23839 (4%)$71515 (2%)$3,416345 (37%)$2,034
2016-17449 (51%)$4,13956 (6%)$79330 (3%)$3,766298 (34%)$2,346
2017-18458 (52%)$4,35369 (8%)$75115 (2%)$4,140328 (37%)$2,351
2018-19493 (54%)$4,547113 (12%)$77643 (5%)$1,924339 (37%)$2,321
2019-20424 (49%)$4,60174 (9%)$58936 (4%)$1,311379 (44%)$2,435
2020-21327 (44%)$4,325522 (70%)$95334 (5%)$1,093413 (55%)$2,401
2021-22283 (44%)$4,754422 (66%)$2,74334 (5%)$1,914295 (46%)$2,779
Average439 (50.22%)$4,411151 (20.22%)$97324 (3.71%)$2,409323 (38.11%)$2,501
*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, 113 (12.67 % of students) get any students loan help and its average loan amount is $113.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14203 (20%)$4,277203 (20%)$4,2222 (0%)$5,500
2014-15165 (18%)$4,467164 (18%)$4,4202 (0%)$6,048
2015-16148 (16%)$4,241148 (16%)$4,241--
2016-17137 (16%)$4,233134 (15%)$4,1483 (0%)$8,009
2017-18102 (12%)$3,897100 (11%)$3,8872 (0%)$4,418
2018-19103 (11%)$4,37399 (11%)$4,2484 (0%)$7,462
2019-2074 (9%)$3,85670 (8%)$3,7956 (1%)$3,288
2020-2148 (6%)$4,09248 (6%)$4,092--
2021-2236 (6%)$4,87835 (5%)$4,6731 (0%)$12,077
Average113 (12.67%)$4,257111 (12.22%)$4,1923 (1.00%)$6,686
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