How Monroe 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 Monroe Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,182, which is 63.78 % of all undergraduate students. 5,010 students which is 38.00% of undergraduate students received federal student loans and the average loan amount is $4,349.

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	10,583 (64%)	$4,845	8,148 (50%)	$3,877	6,773 (41%)	$5,355
2014-15	9,902 (65%)	$5,136	7,611 (50%)	$4,159	5,874 (38%)	$4,436
2015-16	9,160 (63%)	$5,282	6,932 (48%)	$4,178	5,465 (37%)	$4,405
2016-17	8,308 (61%)	$5,048	6,415 (47%)	$3,827	8,887 (65%)	$2,349
2017-18	8,281 (64%)	$6,011	6,452 (50%)	$4,414	4,617 (36%)	$4,679
2018-19	7,943 (65%)	$6,197	6,316 (51%)	$4,482	4,077 (33%)	$4,538
2019-20	7,700 (67%)	$6,520	6,108 (53%)	$4,496	4,111 (36%)	$4,823
2020-21	6,085 (60%)	$7,036	4,737 (47%)	$4,468	2,967 (29%)	$4,298
2021-22	5,672 (65%)	$8,716	4,143 (48%)	$4,555	2,323 (27%)	$4,256
Average	8,182 (63.78%)	$6,088	6,318 (49.33%)	$4,273	5,010 (38.00%)	$4,349

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

Overview

For the last 10 years, on average, 1,932 (78.44 % of students) received grants or scholarships and its average amount is $6,713. It can cover 62.41% of tuition & fees ($10,756) based on out-of-state rate.

In addition, 918 (36.00 % of students) students get helped from the students loans (average amount : $4,277).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,619 (78%)	$5,312	1,508 (45%)	$4,982
2014-15	2,349 (80%)	$5,811	1,286 (44%)	$4,090
2015-16	2,262 (78%)	$5,748	1,185 (41%)	$4,055
2016-17	2,030 (77%)	$5,919	984 (37%)	$4,163
2017-18	1,963 (80%)	$6,700	885 (36%)	$4,352
2018-19	1,988 (79%)	$6,829	841 (34%)	$4,234
2019-20	1,773 (82%)	$7,160	756 (35%)	$4,448
2020-21	1,184 (74%)	$7,274	448 (28%)	$3,909
2021-22	1,217 (78%)	$9,666	369 (24%)	$4,264
Average	1,932 (78.44%)	$6,713	918 (36.00%)	$4,277

^*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, 1,489 (60.22 % of students) received Pell (federal) grants and its average amount is $4,864.

In addition, 1,817 students received State/local government grants/scholarships (73.56 % 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	2,018 (60%)	$4,486	44 (1%)	$631	2,487 (74%)	$1,748	264 (8%)	$1,840
2014-15	1,859 (63%)	$4,787	185 (6%)	$597	2,237 (76%)	$1,881	214 (7%)	$2,026
2015-16	1,726 (60%)	$4,695	71 (2%)	$873	2,130 (74%)	$2,036	271 (9%)	$1,844
2016-17	1,614 (61%)	$4,411	112 (4%)	$962	1,920 (73%)	$2,196	293 (11%)	$1,951
2017-18	1,499 (61%)	$4,916	69 (3%)	$890	1,857 (75%)	$2,730	341 (14%)	$1,912
2018-19	1,569 (63%)	$5,042	104 (4%)	$895	1,883 (75%)	$2,627	331 (13%)	$1,890
2019-20	1,371 (63%)	$5,147	818 (38%)	$821	1,658 (76%)	$2,604	442 (20%)	$1,468
2020-21	858 (54%)	$5,099	662 (42%)	$1,362	1,100 (69%)	$2,576	315 (20%)	$1,597
2021-22	883 (57%)	$5,189	1,091 (70%)	$3,564	1,082 (70%)	$2,680	212 (14%)	$1,860
Average	1,489 (60.22%)	$4,864	351 (18.89%)	$1,177	1,817 (73.56%)	$2,342	298 (12.89%)	$1,821

^*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, 918 (36.00 % of students) get any students loan help and its average loan amount is $918.

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	1,508 (45%)	$4,982	1,508 (45%)	$4,946	15 (0%)	$3,661
2014-15	1,286 (44%)	$4,090	1,286 (44%)	$4,090	-	-
2015-16	1,185 (41%)	$4,055	1,185 (41%)	$4,031	4 (0%)	$7,042
2016-17	984 (37%)	$4,163	969 (37%)	$3,996	33 (1%)	$6,806
2017-18	885 (36%)	$4,352	883 (36%)	$4,200	21 (1%)	$6,826
2018-19	841 (34%)	$4,234	832 (33%)	$4,061	28 (1%)	$6,481
2019-20	756 (35%)	$4,448	748 (34%)	$4,345	19 (1%)	$5,941
2020-21	448 (28%)	$3,909	443 (28%)	$3,695	16 (1%)	$7,152
2021-22	369 (24%)	$4,264	365 (24%)	$4,051	14 (1%)	$6,760
Average	918 (36.00%)	$4,277	913 (35.78%)	$4,157	19 (1.00%)	$6,334

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Scholarships, Grants, and Loan Trends at Monroe CC

All Undergraduate Students Financial Aid Over Time

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