How Monterey Peninsula'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 Monterey Peninsula College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,258, which is 41.56 % of all undergraduate students. 126 students which is 1.56% of undergraduate students received federal student loans and the average loan amount is $5,980.

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	3,264 (34%)	$2,588	1,308 (14%)	$3,494	210 (2%)	$5,741
2014-15	3,235 (42%)	$2,754	1,425 (18%)	$3,463	166 (2%)	$5,321
2015-16	3,280 (39%)	$2,845	1,411 (17%)	$3,531	140 (2%)	$5,548
2016-17	3,088 (40%)	$3,166	1,452 (19%)	$3,579	136 (2%)	$5,230
2017-18	3,193 (41%)	$3,483	1,591 (20%)	$3,714	138 (2%)	$5,849
2018-19	3,341 (42%)	$3,495	1,448 (18%)	$3,861	118 (1%)	$6,237
2019-20	3,332 (42%)	$3,245	1,501 (19%)	$3,748	107 (1%)	$6,121
2020-21	3,715 (52%)	$3,040	1,216 (17%)	$3,798	68 (1%)	$6,811
2021-22	2,872 (42%)	$3,896	1,216 (18%)	$3,567	50 (1%)	$6,959
Average	3,258 (41.56%)	$3,168	1,396 (17.78%)	$3,639	126 (1.56%)	$5,980

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

Overview

For the last 10 years, on average, 380 (72.33 % of students) received grants or scholarships and its average amount is $4,566. It can cover 46.01% of tuition & fees ($9,924) based on out-of-state rate.

In addition, 14 (2.78 % of students) students get helped from the students loans (average amount : $5,700).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	272 (66%)	$4,014	32 (8%)	$4,962
2014-15	356 (61%)	$4,430	17 (3%)	$5,117
2015-16	379 (66%)	$4,784	16 (3%)	$4,942
2016-17	408 (66%)	$5,171	14 (2%)	$5,960
2017-18	357 (66%)	$4,913	15 (3%)	$5,569
2018-19	378 (69%)	$4,568	9 (2%)	$4,126
2019-20	471 (80%)	$4,530	13 (2%)	$5,117
2020-21	477 (98%)	$4,089	3 (1%)	$8,084
2021-22	320 (79%)	$4,594	4 (1%)	$7,424
Average	380 (72.33%)	$4,566	14 (2.78%)	$5,700

^*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, 216 (40.78 % of students) received Pell (federal) grants and its average amount is $4,375.

In addition, 355 students received State/local government grants/scholarships (67.33 % 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	177 (43%)	$4,095	13 (3%)	$456	246 (60%)	$1,462	4 (1%)	$316
2014-15	235 (41%)	$4,242	33 (6%)	$515	335 (58%)	$1,680	-	-
2015-16	244 (42%)	$4,371	27 (5%)	$554	365 (63%)	$2,004	-	-
2016-17	273 (44%)	$4,302	81 (13%)	$556	395 (64%)	$2,247	2 (0%)	$1,350
2017-18	228 (42%)	$4,492	56 (10%)	$411	334 (62%)	$2,094	8 (1%)	$883
2018-19	207 (38%)	$4,472	42 (8%)	$484	373 (68%)	$2,086	1 (0%)	$2,400
2019-20	252 (43%)	$4,491	92 (16%)	$486	464 (79%)	$1,942	32 (5%)	$1,754
2020-21	183 (38%)	$4,473	471 (97%)	$788	376 (77%)	$1,877	38 (8%)	$1,448
2021-22	145 (36%)	$4,436	165 (41%)	$1,799	306 (75%)	$1,537	37 (9%)	$1,615
Average	216 (40.78%)	$4,375	109 (22.11%)	$672	355 (67.33%)	$1,881	17 (4.80%)	$1,395

^*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, 14 (2.78 % of students) get any students loan help and its average loan amount is $14.

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	32 (8%)	$4,962	32 (8%)	$4,962	-	-
2014-15	17 (3%)	$5,117	17 (3%)	$5,117	-	-
2015-16	16 (3%)	$4,942	16 (3%)	$4,942	-	-
2016-17	14 (2%)	$5,960	14 (2%)	$5,960	-	-
2017-18	15 (3%)	$5,569	15 (3%)	$5,569	-	-
2018-19	9 (2%)	$4,126	9 (2%)	$4,126	-	-
2019-20	13 (2%)	$5,117	13 (2%)	$5,117	-	-
2020-21	3 (1%)	$8,084	3 (1%)	$8,084	-	-
2021-22	4 (1%)	$7,424	4 (1%)	$7,424	-	-
Average	14 (2.78%)	$5,700	14 (2.78%)	$5,700	-	-

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Scholarships, Grants, and Loan Trends at Monterey Peninsula

All Undergraduate Students Financial Aid Over Time

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