Scholarships, Grants, and Loan Trends at Montcalm CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 946, which is 56.67 % of all undergraduate students. 407 students which is 23.89% of undergraduate students received federal student loans and the average loan amount is $5,413.
For full-time, first-time beginning students (freshmen), 78.00% of students received grants or scholarships and 24% 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 Montcalm Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 946, which is 56.67 % of all undergraduate students. 407 students which is 23.89% of undergraduate students received federal student loans and the average loan amount is $5,413.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,590 (82%)$4,474990 (51%)$3,365734 (38%)$5,210
2014-151,094 (60%)$5,454848 (46%)$3,184524 (29%)$5,117
2015-16889 (53%)$3,137750 (45%)$3,107488 (29%)$5,133
2016-17858 (52%)$3,508753 (45%)$3,226518 (31%)$5,353
2017-18869 (51%)$3,262699 (41%)$3,222431 (25%)$5,242
2018-19785 (47%)$3,382603 (36%)$3,338343 (21%)$5,571
2019-20702 (46%)$3,563520 (34%)$3,226269 (18%)$5,329
2020-21974 (69%)$5,423751 (53%)$5,690205 (14%)$5,722
2021-22755 (50%)$4,125496 (33%)$3,578154 (10%)$6,044
Average946 (56.67%)$4,036712 (42.67%)$3,548407 (23.89%)$5,413

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

For the last 10 years, on average, 93 (78.00 % of students) received grants or scholarships and its average amount is $4,647. It can cover 37.42% of tuition & fees ($12,420) based on out-of-state rate.
In addition, 29 (24.00 % of students) students get helped from the students loans (average amount : $4,706).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1462 (65%)$2,91223 (24%)$5,062
2014-15152 (87%)$4,02640 (23%)$3,713
2015-16111 (84%)$3,83943 (33%)$4,365
2016-17102 (73%)$4,52058 (41%)$4,462
2017-18102 (83%)$4,80133 (27%)$4,941
2018-1973 (86%)$5,37022 (26%)$4,590
2019-2093 (75%)$4,50723 (19%)$3,822
2020-2170 (75%)$5,84511 (12%)$5,984
2021-2273 (74%)$6,00511 (11%)$5,416
Average93 (78.00%)$4,64729 (24.00%)$4,706
*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, 70 (58.78 % of students) received Pell (federal) grants and its average amount is $4,400.
In addition, 29 students received State/local government grants/scholarships (25.33 % 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
2013-1439 (41%)$3,6164 (4%)$45015 (16%)$1,96312 (13%)$688
2014-15112 (64%)$4,1273 (2%)$35243 (25%)$2,43545 (26%)$976
2015-1690 (68%)$3,8985 (4%)$36022 (17%)$2,01728 (21%)$1,039
2016-1782 (59%)$4,3465 (4%)$51029 (21%)$2,75221 (15%)$1,064
2017-1881 (66%)$4,2465 (4%)$36029 (24%)$3,44338 (31%)$1,162
2018-1960 (71%)$4,3323 (4%)$50037 (44%)$3,18613 (15%)$976
2019-2066 (53%)$4,34033 (27%)$78228 (23%)$2,56635 (28%)$1,001
2020-2144 (47%)$5,87410 (11%)$60027 (29%)$3,04837 (40%)$1,686
2021-2259 (60%)$4,81816 (16%)$54428 (29%)$3,70136 (37%)$1,161
Average70 (58.78%)$4,4009 (8.44%)$49529 (25.33%)$2,79029 (25.11%)$1,084
*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, 29 (24.00 % of students) get any students loan help and its average loan amount is $29.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (24%)$5,06223 (24%)$5,062--
2014-1540 (23%)$3,71340 (23%)$3,713--
2015-1643 (33%)$4,36542 (32%)$4,3501 (1%)$5,000
2016-1758 (41%)$4,46258 (41%)$4,3851 (1%)$4,500
2017-1833 (27%)$4,94132 (26%)$4,8331 (1%)$8,401
2018-1922 (26%)$4,59021 (25%)$4,7611 (1%)$1,000
2019-2023 (19%)$3,82223 (19%)$3,822--
2020-2111 (12%)$5,98411 (12%)$5,984--
2021-2211 (11%)$5,41610 (10%)$5,1081 (1%)$8,500
Average29 (24.00%)$4,70629 (23.56%)$4,6691 (1.00%)$5,480
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