How Merritt'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 Merritt College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,581, which is 54.56 % of all undergraduate students. 119 students which is 2.29% of undergraduate students received federal student loans and the average loan amount is $7,001.

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	3,655 (62%)	$2,199	1,411 (24%)	$3,794	261 (4%)	$6,557
2014-15	3,773 (62%)	$2,375	1,613 (27%)	$3,741	239 (4%)	$6,818
2015-16	3,713 (56%)	$2,243	1,452 (22%)	$3,719	192 (3%)	$7,226
2016-17	3,636 (54%)	$2,104	1,262 (19%)	$3,735	121 (2%)	$7,185
2017-18	3,497 (50%)	$2,260	1,299 (19%)	$3,611	93 (1%)	$6,979
2018-19	3,724 (50%)	$1,912	1,143 (15%)	$3,550	72 (1%)	$5,969
2019-20	3,146 (45%)	$2,022	970 (14%)	$3,715	59 (1%)	$6,873
2020-21	2,774 (44%)	$1,927	624 (10%)	$3,834	21 (0%)	$7,657
2021-22	4,312 (68%)	$1,648	597 (9%)	$3,864	15 (0%)	$7,742
Average	3,581 (54.56%)	$2,077	1,152 (17.67%)	$3,729	119 (2.29%)	$7,001

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

Overview

For the last 10 years, on average, 138 (71.78 % of students) received grants or scholarships and its average amount is $4,430. It can cover 50.90% of tuition & fees ($8,703) based on out-of-state rate.

In addition, 7 (3.86 % of students) students get helped from the students loans (average amount : $6,599).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	131 (81%)	$4,136	15 (9%)	$7,381
2014-15	185 (84%)	$4,984	12 (5%)	$5,628
2015-16	153 (74%)	$4,523	4 (2%)	$7,916
2016-17	137 (52%)	$5,118	15 (6%)	$4,522
2017-18	140 (78%)	$5,628	5 (3%)	$6,594
2018-19	158 (72%)	$4,220	1 (0%)	$6,436
2019-20	156 (69%)	$4,160	2 (1%)	$4,914
2020-21	87 (58%)	$3,749	-	-
2021-22	94 (78%)	$3,350	1 (1%)	$9,404
Average	138 (71.78%)	$4,430	7 (3.86%)	$6,599

^*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, 91 (45.11 % of students) received Pell (federal) grants and its average amount is $4,546.

In addition, 124 students received State/local government grants/scholarships (64.44 % 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	86 (53%)	$4,383	26 (16%)	$542	129 (80%)	$1,169	-	-
2014-15	141 (64%)	$4,653	56 (25%)	$361	182 (83%)	$1,350	-	-
2015-16	105 (50%)	$4,486	37 (18%)	$503	152 (73%)	$1,331	-	-
2016-17	129 (49%)	$4,551	39 (15%)	$585	59 (22%)	$1,546	-	-
2017-18	108 (60%)	$4,560	34 (19%)	$424	138 (77%)	$2,037	-	-
2018-19	90 (41%)	$4,453	57 (26%)	$514	158 (72%)	$1,498	-	-
2019-20	100 (44%)	$4,086	70 (31%)	$484	154 (68%)	$1,341	-	-
2020-21	33 (22%)	$4,648	47 (31%)	$1,364	85 (57%)	$1,278	-	-
2021-22	28 (23%)	$5,098	88 (73%)	$1,195	58 (48%)	$1,155	-	-
Average	91 (45.11%)	$4,546	50 (28.22%)	$664	124 (64.44%)	$1,412	-	-

^*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, 7 (3.86 % of students) get any students loan help and its average loan amount is $7.

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	15 (9%)	$7,381	15 (9%)	$7,381	-	-
2014-15	12 (5%)	$5,628	12 (5%)	$5,628	-	-
2015-16	4 (2%)	$7,916	4 (2%)	$7,916	-	-
2016-17	15 (6%)	$4,522	15 (6%)	$4,522	-	-
2017-18	5 (3%)	$6,594	5 (3%)	$6,594	-	-
2018-19	1 (0%)	$6,436	1 (0%)	$6,436	-	-
2019-20	2 (1%)	$4,914	2 (1%)	$4,914	-	-
2020-21	-	-	-	-	-	-
2021-22	1 (1%)	$9,404	1 (1%)	$9,404	-	-
Average	7 (3.86%)	$6,599	7 (3.86%)	$6,599	-	-

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Scholarships, Grants, and Loan Trends at Merritt

All Undergraduate Students Financial Aid Over Time

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