How MCC'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 McHenry County College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,913, which is 26.33 % of all undergraduate students. 328 students which is 4.78% of undergraduate students received federal student loans and the average loan amount is $4,598.

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	2,027 (29%)	$4,569	1,790 (25%)	$3,824	806 (11%)	$3,844
2014-15	1,882 (29%)	$4,267	1,658 (25%)	$4,097	439 (7%)	$4,653
2015-16	1,582 (24%)	$4,667	1,390 (21%)	$3,717	341 (5%)	$4,796
2016-17	1,425 (22%)	$4,342	1,254 (20%)	$3,973	297 (5%)	$5,025
2017-18	1,435 (21%)	$4,603	1,223 (18%)	$4,331	280 (4%)	$4,757
2018-19	1,439 (20%)	$4,760	1,201 (17%)	$4,508	237 (3%)	$4,992
2019-20	2,056 (28%)	$3,633	1,159 (16%)	$4,455	213 (3%)	$4,542
2020-21	2,101 (27%)	$3,471	1,027 (13%)	$4,145	198 (3%)	$4,458
2021-22	3,269 (37%)	$3,095	1,061 (12%)	$3,978	143 (2%)	$4,319
Average	1,913 (26.33%)	$4,156	1,307 (18.56%)	$4,114	328 (4.78%)	$4,598

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

Overview

For the last 10 years, on average, 244 (43.56 % of students) received grants or scholarships and its average amount is $4,910. It can cover 32.98% of tuition & fees ($14,885) based on out-of-state rate.

In addition, 57 (9.33 % of students) students get helped from the students loans (average amount : $4,442).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	295 (39%)	$5,205	150 (20%)	$3,639
2014-15	273 (39%)	$4,982	80 (11%)	$4,376
2015-16	229 (36%)	$5,385	62 (10%)	$4,226
2016-17	225 (36%)	$4,867	47 (8%)	$4,889
2017-18	197 (33%)	$5,598	58 (10%)	$4,589
2018-19	187 (33%)	$5,829	38 (7%)	$4,709
2019-20	274 (50%)	$4,309	32 (6%)	$4,554
2020-21	217 (48%)	$4,072	30 (7%)	$4,540
2021-22	296 (78%)	$3,940	18 (5%)	$4,458
Average	244 (43.56%)	$4,910	57 (9.33%)	$4,442

^*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, 195 (33.00 % of students) received Pell (federal) grants and its average amount is $4,748.

In addition, 97 students received State/local government grants/scholarships (16.11 % 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	283 (38%)	$4,351	21 (3%)	$2,046	190 (25%)	$1,364	2 (0%)	$1,050
2014-15	265 (38%)	$4,568	13 (2%)	$2,052	89 (13%)	$1,373	1 (0%)	$735
2015-16	220 (35%)	$4,307	26 (4%)	$1,507	161 (26%)	$1,503	5 (1%)	$915
2016-17	213 (34%)	$4,358	18 (3%)	$1,591	84 (14%)	$1,626	4 (1%)	$367
2017-18	189 (31%)	$5,093	13 (2%)	$2,011	74 (12%)	$1,542	-	-
2018-19	183 (33%)	$5,110	25 (4%)	$1,135	79 (14%)	$1,413	7 (1%)	$2,140
2019-20	172 (32%)	$5,137	190 (35%)	$830	87 (16%)	$1,471	5 (1%)	$2,262
2020-21	127 (28%)	$4,710	175 (38%)	$1,008	66 (14%)	$1,433	3 (1%)	$4,806
2021-22	105 (28%)	$5,102	279 (73%)	$1,980	41 (11%)	$1,467	4 (1%)	$4,507
Average	195 (33.00%)	$4,748	84 (18.22%)	$1,573	97 (16.11%)	$1,466	4 (1.00%)	$2,098

^*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, 57 (9.33 % of students) get any students loan help and its average loan amount is $57.

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	150 (20%)	$3,639	150 (20%)	$3,624	1 (0%)	$2,269
2014-15	80 (11%)	$4,376	80 (11%)	$4,326	1 (0%)	$4,000
2015-16	62 (10%)	$4,226	62 (10%)	$4,226	-	-
2016-17	47 (8%)	$4,889	47 (8%)	$4,889	-	-
2017-18	58 (10%)	$4,589	58 (10%)	$4,589	-	-
2018-19	38 (7%)	$4,709	38 (7%)	$4,709	-	-
2019-20	32 (6%)	$4,554	32 (6%)	$4,554	-	-
2020-21	30 (7%)	$4,540	30 (7%)	$4,540	-	-
2021-22	18 (5%)	$4,458	18 (5%)	$4,458	-	-
Average	57 (9.33%)	$4,442	57 (9.33%)	$4,435	1 (0.00%)	$3,135

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Scholarships, Grants, and Loan Trends at MCC

All Undergraduate Students Financial Aid Over Time

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