Scholarships, Grants, and Loan Trends at Madison Adult Career Center

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 143, which is 83.67 % of all undergraduate students. 48 students which is 27.89% of undergraduate students received federal student loans and the average loan amount is $4,860.
For full-time, first-time beginning students (freshmen), 81.78% of students received grants or scholarships and 27% 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 Madison Adult Career Center since 2013.
For that period, the average number of students who received grants aid/scholarships is 143, which is 83.67 % of all undergraduate students. 48 students which is 27.89% of undergraduate students received federal student loans and the average loan amount is $4,860.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14192 (91%)$1,962174 (82%)$1,94179 (37%)$5,499
2014-15132 (75%)$5,27169 (39%)$3,74862 (35%)$5,415
2015-16106 (70%)$3,68663 (42%)$3,74057 (38%)$4,703
2016-17125 (78%)$3,87853 (33%)$4,02840 (25%)$4,814
2017-18153 (81%)$3,67761 (32%)$4,35453 (28%)$6,321
2018-19147 (79%)$3,50356 (30%)$4,33840 (21%)$5,501
2019-20153 (93%)$5,03170 (42%)$4,21245 (27%)$4,253
2020-21148 (95%)$3,96867 (43%)$3,68238 (25%)$4,007
2021-22128 (91%)$4,72247 (33%)$4,01021 (15%)$3,229
Average143 (83.67%)$3,96673 (41.78%)$3,78448 (27.89%)$4,860

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

For the last 10 years, on average, 47 (81.78 % of students) received grants or scholarships and its average amount is $4,086. It can cover 66.01% of tuition & fees ($6,190) based on out-of-state rate.
In addition, 14 (27.22 % of students) students get helped from the students loans (average amount : $4,601).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1431 (66%)$4,68913 (28%)$5,345
2014-1532 (78%)$3,22511 (27%)$5,125
2015-1628 (93%)$4,97919 (63%)$4,113
2016-1730 (77%)$4,2988 (21%)$3,450
2017-1844 (65%)$4,52716 (24%)$5,263
2018-1962 (75%)$3,53214 (17%)$6,146
2019-2073 (94%)$4,00022 (28%)$3,765
2020-2165 (98%)$3,91216 (24%)$4,611
2021-2254 (90%)$3,6148 (13%)$3,594
Average47 (81.78%)$4,08614 (27.22%)$4,601
*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, 25 (47.33 % of students) received Pell (federal) grants and its average amount is $4,127.
In addition, 19 students received State/local government grants/scholarships (30.33 % 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
2013-1427 (57%)$4,4437 (15%)$2,1923 (6%)$3,0213 (6%)$333
2014-1521 (51%)$3,79811 (27%)$1,7138 (20%)$5111 (2%)$500
2015-1625 (83%)$3,91510 (33%)$3,0513 (10%)$3,5121 (3%)$500
2016-1720 (51%)$3,80510 (26%)$2,44010 (26%)$2,7951 (3%)$500
2017-1822 (32%)$3,74210 (15%)$2,85535 (51%)$2,5091 (1%)$500
2018-1927 (33%)$4,69419 (23%)$1,86725 (30%)$2,2302 (2%)$500
2019-2034 (44%)$4,28238 (49%)$1,82040 (51%)$1,8942 (3%)$750
2020-2132 (48%)$4,07645 (68%)$1,70034 (52%)$1,3362 (3%)$945
2021-2216 (27%)$4,39245 (75%)$1,94516 (27%)$1,27620 (33%)$848
Average25 (47.33%)$4,12722 (36.78%)$2,17619 (30.33%)$2,1204 (6.22%)$597
*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, 14 (27.22 % of students) get any students loan help and its average loan amount is $14.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (28%)$5,34513 (28%)$5,345--
2014-1511 (27%)$5,12511 (27%)$5,125--
2015-1619 (63%)$4,11319 (63%)$4,113--
2016-178 (21%)$3,4508 (21%)$3,450--
2017-1816 (24%)$5,26316 (24%)$5,263--
2018-1914 (17%)$6,14614 (17%)$6,146--
2019-2022 (28%)$3,76522 (28%)$3,765--
2020-2116 (24%)$4,61116 (24%)$4,611--
2021-228 (13%)$3,5948 (13%)$3,594--
Average14 (27.22%)$4,60114 (27.22%)$4,601--
Most Searched Ohio Colleges (last 30 days)
Related Articles and Ads