Scholarships, Grants, and Loan Trends at MCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,137, which is 63.33 % of all undergraduate students. 373 students which is 10.89% of undergraduate students received federal student loans and the average loan amount is $4,224.
For full-time, first-time beginning students (freshmen), 89.00% of students received grants or scholarships and 12% 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 Meridian Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,137, which is 63.33 % of all undergraduate students. 373 students which is 10.89% of undergraduate students received federal student loans and the average loan amount is $4,224.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,583 (70%)$4,1011,765 (48%)$3,706535 (14%)$3,849
2014-152,369 (70%)$4,2911,593 (47%)$3,955450 (13%)$3,942
2015-162,245 (66%)$4,1931,462 (43%)$3,983398 (12%)$3,782
2016-172,275 (63%)$4,2171,460 (40%)$3,913376 (10%)$4,090
2017-182,222 (62%)$3,9911,501 (42%)$4,218365 (10%)$4,172
2018-192,081 (60%)$4,1921,429 (41%)$4,364346 (10%)$4,097
2019-202,113 (62%)$4,1101,392 (41%)$4,310316 (9%)$4,462
2020-211,687 (56%)$4,4181,124 (37%)$4,518307 (10%)$4,656
2021-221,657 (61%)$4,6541,131 (42%)$4,399268 (10%)$4,967
Average2,137 (63.33%)$4,2411,429 (42.33%)$4,152373 (10.89%)$4,224

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

For the last 10 years, on average, 507 (89.00 % of students) received grants or scholarships and its average amount is $4,783. It can cover 79.82% of tuition & fees ($5,992) based on out-of-state rate.
In addition, 69 (12.00 % of students) students get helped from the students loans (average amount : $2,877).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14490 (95%)$4,123105 (20%)$2,692
2014-15482 (93%)$4,26880 (15%)$2,824
2015-16424 (72%)$4,38671 (12%)$2,621
2016-17522 (88%)$4,34174 (13%)$2,584
2017-18598 (89%)$4,91877 (11%)$2,358
2018-19638 (92%)$4,76283 (12%)$2,739
2019-20582 (90%)$5,07451 (8%)$2,961
2020-21422 (91%)$5,31136 (8%)$3,436
2021-22403 (91%)$5,86441 (9%)$3,674
Average507 (89.00%)$4,78369 (12.00%)$2,877
*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, 362 (63.44 % of students) received Pell (federal) grants and its average amount is $4,590.
In addition, 166 students received State/local government grants/scholarships (29.11 % 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
2013-14363 (70%)$4,28236 (7%)$639140 (27%)$1,335178 (34%)$1,438
2014-15353 (68%)$4,35932 (6%)$724168 (32%)$1,348174 (33%)$1,547
2015-16315 (54%)$4,44511 (2%)$815144 (24%)$1,610144 (24%)$1,518
2016-17380 (64%)$4,27926 (4%)$985171 (29%)$562247 (42%)$2,099
2017-18437 (65%)$4,64730 (4%)$980174 (26%)$609306 (45%)$2,532
2018-19464 (67%)$4,48024 (3%)$1,041205 (29%)$626327 (47%)$2,466
2019-20394 (61%)$4,84644 (7%)$1,141194 (30%)$717334 (52%)$2,558
2020-21279 (60%)$4,93521 (5%)$795155 (33%)$934204 (44%)$3,447
2021-22272 (62%)$5,03677 (17%)$2,596141 (32%)$766205 (46%)$3,343
Average362 (63.44%)$4,59033 (6.11%)$1,080166 (29.11%)$945235 (40.78%)$2,328
*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, 69 (12.00 % of students) get any students loan help and its average loan amount is $69.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14105 (20%)$2,692105 (20%)$2,692--
2014-1580 (15%)$2,82480 (15%)$2,824--
2015-1671 (12%)$2,62171 (12%)$2,621--
2016-1774 (13%)$2,58474 (13%)$2,584--
2017-1877 (11%)$2,35877 (11%)$2,358--
2018-1983 (12%)$2,73983 (12%)$2,739--
2019-2051 (8%)$2,96151 (8%)$2,961--
2020-2136 (8%)$3,43636 (8%)$3,436--
2021-2241 (9%)$3,67441 (9%)$3,674--
Average69 (12.00%)$2,87769 (12.00%)$2,877--
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