How McDowell Technical CC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 735, which is 65.44 % of all undergraduate students.

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	980 (85%)	$4,207	699 (61%)	$3,339	-	-
2014-15	868 (82%)	$4,165	578 (55%)	$3,328	-	-
2015-16	488 (44%)	$3,624	379 (34%)	$3,452	-	-
2016-17	576 (51%)	$3,199	469 (42%)	$3,141	-	-
2017-18	540 (52%)	$3,431	400 (38%)	$3,522	-	-
2018-19	643 (56%)	$2,535	313 (27%)	$3,956	-	-
2019-20	999 (85%)	$2,563	328 (28%)	$3,876	-	-
2020-21	405 (36%)	$3,892	281 (25%)	$3,905	-	-
2021-22	1,112 (98%)	$2,282	356 (31%)	$4,897	-	-
Average	735 (65.44%)	$3,322	423 (37.89%)	$3,713	-	-

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

Overview

For the last 10 years, on average, 55 (83.44 % of students) received grants or scholarships and its average amount is $5,462. It can cover 83.19% of tuition & fees ($6,566) based on out-of-state rate.

In addition, 1 (1.50 % of students) students get helped from the students loans (average amount : $1,254).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	86 (89%)	$5,810	-	-
2014-15	51 (84%)	$5,068	1 (2%)	$972
2015-16	54 (73%)	$4,935	-	-
2016-17	53 (79%)	$4,919	1 (1%)	$1,536
2017-18	60 (80%)	$4,454	-	-
2018-19	65 (80%)	$5,214	-	-
2019-20	69 (86%)	$6,135	-	-
2020-21	29 (83%)	$5,081	-	-
2021-22	31 (97%)	$7,544	-	-
Average	55 (83.44%)	$5,462	1 (1.50%)	$1,254

^*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, 48 (72.00 % of students) received Pell (federal) grants and its average amount is $4,879.

In addition, 22 students received State/local government grants/scholarships (35.11 % 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	73 (75%)	$4,666	7 (7%)	$364	40 (41%)	$3,652	9 (9%)	$1,154
2014-15	48 (79%)	$4,816	6 (10%)	$375	14 (23%)	$1,230	5 (8%)	$1,561
2015-16	47 (64%)	$4,759	6 (8%)	$500	25 (34%)	$1,435	2 (3%)	$1,971
2016-17	45 (67%)	$4,576	11 (16%)	$436	20 (30%)	$2,159	3 (4%)	$2,267
2017-18	49 (65%)	$4,393	8 (11%)	$375	29 (39%)	$1,483	4 (5%)	$1,494
2018-19	59 (73%)	$5,000	12 (15%)	$367	24 (30%)	$1,439	2 (2%)	$2,500
2019-20	56 (70%)	$5,183	53 (66%)	$1,843	13 (16%)	$1,390	11 (14%)	$1,572
2020-21	25 (71%)	$4,613	23 (66%)	$581	12 (34%)	$1,512	1 (3%)	$500
2021-22	27 (84%)	$5,908	10 (31%)	$4,836	22 (69%)	$1,029	1 (3%)	$3,350
Average	48 (72.00%)	$4,879	15 (25.56%)	$1,075	22 (35.11%)	$1,703	4 (5.67%)	$1,819

^*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, 1 (1.50 % of students) get any students loan help and its average loan amount is $1.

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	-	-	-	-	-	-
2014-15	1 (2%)	$972	-	-	1 (2%)	$972
2015-16	-	-	-	-	-	-
2016-17	1 (1%)	$1,536	-	-	1 (1%)	$1,536
2017-18	-	-	-	-	-	-
2018-19	-	-	-	-	-	-
2019-20	-	-	-	-	-	-
2020-21	-	-	-	-	-	-
2021-22	-	-	-	-	-	-
Average	1 (1.50%)	$1,254	-	-	1 (1.50%)	$1,254

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Scholarships, Grants, and Loan Trends at McDowell Technical CC

All Undergraduate Students Financial Aid Over Time

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