Scholarships, Grants, and Loan Trends at Montgomery

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 10,166, which is 45.00 % of all undergraduate students. 2,402 students which is 10.33% of undergraduate students received federal student loans and the average loan amount is $5,773.
For full-time, first-time beginning students (freshmen), 56.56% of students received grants or scholarships and 11% 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 Montgomery College since 2013.
For that period, the average number of students who received grants aid/scholarships is 10,166, which is 45.00 % of all undergraduate students. 2,402 students which is 10.33% of undergraduate students received federal student loans and the average loan amount is $5,773.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,777 (45%)$3,5538,512 (33%)$3,4423,557 (14%)$5,255
2014-1511,642 (46%)$3,6478,397 (33%)$3,4893,509 (14%)$5,966
2015-1610,885 (43%)$3,7887,952 (31%)$3,5113,227 (13%)$5,851
2016-1710,635 (44%)$3,7827,459 (31%)$3,4142,894 (12%)$5,659
2017-1810,417 (46%)$3,9287,248 (32%)$3,5622,315 (10%)$5,652
2018-199,731 (45%)$4,0256,595 (30%)$3,6472,075 (10%)$5,849
2019-209,674 (46%)$4,2956,101 (29%)$3,7531,764 (8%)$5,718
2020-218,543 (43%)$5,2965,016 (25%)$3,7541,279 (6%)$5,989
2021-228,190 (47%)$6,0524,304 (25%)$3,6921,002 (6%)$6,019
Average10,166 (45.00%)$4,2636,843 (29.89%)$3,5852,402 (10.33%)$5,773

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

For the last 10 years, on average, 1,099 (56.56 % of students) received grants or scholarships and its average amount is $5,581. It can cover 39.17% of tuition & fees ($14,250) based on out-of-state rate.
In addition, 224 (11.33 % of students) students get helped from the students loans (average amount : $4,961).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14979 (51%)$4,683326 (17%)$4,782
2014-151,114 (54%)$4,985275 (13%)$4,902
2015-161,083 (54%)$4,900281 (14%)$4,846
2016-171,183 (57%)$5,017283 (14%)$4,969
2017-181,230 (58%)$5,327231 (11%)$4,898
2018-191,129 (56%)$5,235224 (11%)$5,085
2019-201,231 (63%)$5,770180 (9%)$4,543
2020-211,062 (57%)$6,971139 (8%)$4,924
2021-22880 (59%)$7,34481 (5%)$5,699
Average1,099 (56.56%)$5,581224 (11.33%)$4,961
*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, 833 (42.67 % of students) received Pell (federal) grants and its average amount is $4,585.
In addition, 424 students received State/local government grants/scholarships (22.22 % 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
2013-14801 (42%)$4,32321 (1%)$633383 (20%)$1,441395 (21%)$1,411
2014-15871 (42%)$4,50052 (3%)$691406 (20%)$1,454595 (29%)$1,694
2015-16847 (42%)$4,38172 (4%)$616333 (17%)$1,500466 (23%)$2,256
2016-17923 (45%)$4,351125 (6%)$669395 (19%)$1,513684 (33%)$1,810
2017-18990 (46%)$4,623139 (7%)$416419 (20%)$1,539898 (42%)$1,417
2018-19880 (44%)$4,577227 (11%)$1,007379 (19%)$1,509779 (39%)$1,389
2019-20911 (46%)$4,850899 (46%)$604546 (28%)$1,921778 (40%)$1,405
2020-21717 (39%)$4,850780 (42%)$2,031538 (29%)$2,487683 (37%)$1,470
2021-22561 (38%)$4,807506 (34%)$3,438418 (28%)$2,552561 (38%)$1,711
Average833 (42.67%)$4,585313 (17.11%)$1,123424 (22.22%)$1,768649 (33.56%)$1,618
*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, 224 (11.33 % of students) get any students loan help and its average loan amount is $224.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14326 (17%)$4,782321 (17%)$4,7196 (0%)$7,391
2014-15275 (13%)$4,902273 (13%)$4,8634 (0%)$5,111
2015-16281 (14%)$4,846281 (14%)$4,8241 (0%)$6,042
2016-17283 (14%)$4,969278 (13%)$4,9016 (0%)$7,283
2017-18231 (11%)$4,898227 (11%)$4,7065 (0%)$12,640
2018-19224 (11%)$5,085220 (11%)$5,0324 (0%)$7,972
2019-20180 (9%)$4,543178 (9%)$4,5302 (0%)$5,750
2020-21139 (8%)$4,924137 (7%)$4,6895 (0%)$8,390
2021-2281 (5%)$5,69975 (5%)$5,1396 (0%)$12,699
Average224 (11.33%)$4,961221 (11.11%)$4,8234 (0.00%)$8,142
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