Scholarships, Grants, and Loan Trends at Mercer County CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,787, which is 37.44 % of all undergraduate students. 579 students which is 7.67% of undergraduate students received federal student loans and the average loan amount is $4,668.
For full-time, first-time beginning students (freshmen), 48.78% of students received grants or scholarships and 10% 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 Mercer County Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,787, which is 37.44 % of all undergraduate students. 579 students which is 7.67% of undergraduate students received federal student loans and the average loan amount is $4,668.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,708 (44%)$3,0751,799 (21%)$3,879801 (9%)$2,886
2014-152,905 (37%)$4,0242,542 (32%)$3,446764 (10%)$4,600
2015-162,862 (36%)$4,1472,486 (31%)$3,547682 (9%)$2,434
2016-172,611 (35%)$4,0532,231 (30%)$3,449692 (9%)$4,888
2017-182,584 (34%)$4,2162,219 (29%)$3,533591 (8%)$5,134
2018-192,702 (35%)$4,2422,292 (30%)$3,590560 (7%)$5,328
2019-202,926 (39%)$4,2412,340 (31%)$3,675493 (7%)$5,502
2020-212,392 (38%)$4,3601,943 (31%)$3,525337 (5%)$5,496
2021-222,392 (39%)$4,3051,933 (31%)$3,410288 (5%)$5,743
Average2,787 (37.44%)$4,0742,198 (29.56%)$3,562579 (7.67%)$4,668

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

For the last 10 years, on average, 452 (48.78 % of students) received grants or scholarships and its average amount is $5,388. It can cover 60.26% of tuition & fees ($8,942) based on out-of-state rate.
In addition, 97 (9.78 % of students) students get helped from the students loans (average amount : $5,634).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14376 (30%)$4,890185 (15%)$4,470
2014-15520 (49%)$5,559150 (14%)$4,606
2015-16587 (52%)$5,364121 (11%)$5,187
2016-17471 (50%)$5,04979 (8%)$4,711
2017-18358 (37%)$4,96158 (6%)$4,782
2018-19500 (54%)$5,14684 (9%)$5,431
2019-20504 (59%)$5,50979 (9%)$7,349
2020-21346 (52%)$6,04256 (8%)$6,174
2021-22408 (56%)$5,97657 (8%)$7,997
Average452 (48.78%)$5,38897 (9.78%)$5,634
*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, 386 (41.33 % of students) received Pell (federal) grants and its average amount is $4,541.
In addition, 235 students received State/local government grants/scholarships (25.11 % 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
2013-14322 (26%)$3,431157 (12%)$565302 (24%)$2,1079 (1%)$1,000
2014-15494 (46%)$4,30339 (4%)$431282 (26%)$2,23174 (7%)$1,604
2015-16512 (45%)$4,58747 (4%)$748288 (26%)$2,30382 (7%)$1,238
2016-17400 (43%)$4,47639 (4%)$916201 (21%)$2,27176 (8%)$1,255
2017-18279 (29%)$4,79811 (1%)$2,986133 (14%)$2,43448 (5%)$1,685
2018-19409 (44%)$4,87135 (4%)$673210 (23%)$2,28050 (5%)$1,572
2019-20419 (49%)$4,79760 (7%)$647263 (31%)$2,36167 (8%)$1,599
2020-21298 (44%)$4,72517 (3%)$777218 (32%)$2,62755 (8%)$1,761
2021-22341 (46%)$4,88394 (13%)$732216 (29%)$2,75261 (8%)$1,801
Average386 (41.33%)$4,54155 (5.78%)$942235 (25.11%)$2,37458 (6.33%)$1,502
*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, 97 (9.78 % of students) get any students loan help and its average loan amount is $97.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14185 (15%)$4,470185 (15%)$4,10513 (1%)$5,206
2014-15150 (14%)$4,606136 (13%)$4,55114 (1%)$5,143
2015-16121 (11%)$5,18795 (8%)$4,39926 (2%)$8,066
2016-1779 (8%)$4,71179 (8%)$4,711--
2017-1858 (6%)$4,78258 (6%)$4,782--
2018-1984 (9%)$5,43184 (9%)$5,431--
2019-2079 (9%)$7,34972 (8%)$5,14915 (2%)$13,991
2020-2156 (8%)$6,17449 (7%)$5,3179 (1%)$9,465
2021-2257 (8%)$7,99749 (7%)$5,57215 (2%)$12,186
Average97 (9.78%)$5,63490 (9.00%)$4,89115 (1.50%)$9,010
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