Scholarships, Grants, and Loan Trends at Monroe County CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,398, which is 46.67 % of all undergraduate students. 554 students which is 18.22% of undergraduate students received federal student loans and the average loan amount is $5,017.
For full-time, first-time beginning students (freshmen), 64.78% of students received grants or scholarships and 20% 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 Monroe County Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,398, which is 46.67 % of all undergraduate students. 554 students which is 18.22% of undergraduate students received federal student loans and the average loan amount is $5,017.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,432 (64%)$2,4171,357 (36%)$3,536866 (23%)$4,816
2014-151,451 (42%)$3,6551,167 (34%)$3,537776 (22%)$4,698
2015-161,263 (40%)$3,593965 (30%)$3,450382 (12%)$4,997
2016-171,265 (40%)$3,483918 (29%)$3,446660 (21%)$4,727
2017-181,184 (38%)$3,476826 (27%)$3,268553 (18%)$4,664
2018-191,132 (39%)$3,803771 (26%)$3,720535 (18%)$5,122
2019-201,076 (41%)$3,589676 (26%)$3,494464 (18%)$5,080
2020-211,002 (44%)$4,056519 (23%)$3,576383 (17%)$5,485
2021-221,777 (72%)$4,364611 (25%)$3,454365 (15%)$5,560
Average1,398 (46.67%)$3,604868 (28.44%)$3,498554 (18.22%)$5,017

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

For the last 10 years, on average, 170 (64.78 % of students) received grants or scholarships and its average amount is $4,490. It can cover 54.59% of tuition & fees ($8,224) based on out-of-state rate.
In addition, 51 (19.78 % of students) students get helped from the students loans (average amount : $4,521).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14131 (51%)$4,34171 (28%)$4,300
2014-15106 (49%)$4,41441 (19%)$4,143
2015-1668 (39%)$5,24230 (17%)$5,005
2016-17152 (54%)$4,01348 (17%)$4,259
2017-18222 (71%)$4,08760 (19%)$4,437
2018-19234 (70%)$4,49467 (20%)$4,429
2019-20210 (74%)$3,99856 (20%)$4,177
2020-21181 (76%)$4,41446 (19%)$5,134
2021-22222 (99%)$5,40643 (19%)$4,803
Average170 (64.78%)$4,49051 (19.78%)$4,521
*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, 95 (36.11 % of students) received Pell (federal) grants and its average amount is $4,560.
In addition, 31 students received State/local government grants/scholarships (11.56 % 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
2013-14116 (45%)$4,35917 (7%)$4002 (1%)$59113 (5%)$4,236
2014-1574 (34%)$4,32910 (5%)$50016 (7%)$2,09631 (14%)$3,516
2015-1654 (31%)$4,7287 (4%)$30011 (6%)$2,73023 (13%)$3,001
2016-1797 (34%)$4,2948 (3%)$41434 (12%)$2,41464 (23%)$1,689
2017-18117 (38%)$4,4177 (2%)$50044 (14%)$2,736144 (46%)$1,852
2018-19136 (40%)$4,80529 (9%)$44549 (15%)$2,480154 (46%)$1,712
2019-20109 (38%)$4,33643 (15%)$72132 (11%)$2,373129 (45%)$2,016
2020-2171 (30%)$4,91694 (39%)$1,37853 (22%)$2,324113 (47%)$1,745
2021-2279 (35%)$4,854220 (98%)$2,11436 (16%)$3,150107 (48%)$2,225
Average95 (36.11%)$4,56048 (20.22%)$75231 (11.56%)$2,32286 (31.89%)$2,444
*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, 51 (19.78 % of students) get any students loan help and its average loan amount is $51.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1471 (28%)$4,30071 (28%)$4,300--
2014-1541 (19%)$4,14341 (19%)$4,143--
2015-1630 (17%)$5,00530 (17%)$5,005--
2016-1748 (17%)$4,25948 (17%)$4,259--
2017-1860 (19%)$4,43760 (19%)$4,437--
2018-1967 (20%)$4,42967 (20%)$4,429--
2019-2056 (20%)$4,17756 (20%)$4,177--
2020-2146 (19%)$5,13446 (19%)$5,134--
2021-2243 (19%)$4,80343 (19%)$4,803--
Average51 (19.78%)$4,52151 (19.78%)$4,521--
Most Searched Michigan Colleges (last 30 days)
Related Articles and Ads