Scholarships, Grants, and Loan Trends at Montgomery County CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,012, which is 36.56 % of all undergraduate students. 2,816 students which is 25.22% of undergraduate students received federal student loans and the average loan amount is $5,304.
For full-time, first-time beginning students (freshmen), 47.78% of students received grants or scholarships and 35% 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 County Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,012, which is 36.56 % of all undergraduate students. 2,816 students which is 25.22% of undergraduate students received federal student loans and the average loan amount is $5,304.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,394 (33%)$3,4853,601 (27%)$3,2693,576 (27%)$5,226
2014-154,486 (35%)$3,5823,745 (29%)$3,2503,560 (28%)$5,067
2015-164,185 (34%)$3,5003,410 (28%)$3,2603,079 (25%)$4,978
2016-173,795 (33%)$3,3063,157 (28%)$2,9763,132 (27%)$4,995
2017-183,608 (35%)$3,4322,994 (29%)$3,0672,677 (26%)$4,980
2018-193,441 (33%)$3,6522,776 (27%)$3,3802,532 (24%)$5,079
2019-203,651 (35%)$3,9882,966 (29%)$3,5792,586 (25%)$5,735
2020-214,326 (44%)$4,1972,842 (29%)$3,5912,232 (23%)$5,908
2021-224,225 (47%)$4,7102,660 (30%)$3,4951,973 (22%)$5,764
Average4,012 (36.56%)$3,7613,128 (28.44%)$3,3192,816 (25.22%)$5,304

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

For the last 10 years, on average, 563 (47.78 % of students) received grants or scholarships and its average amount is $4,764. It can cover 29.35% of tuition & fees ($16,230) based on out-of-state rate.
In addition, 417 (34.67 % of students) students get helped from the students loans (average amount : $4,742).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14682 (44%)$4,316566 (37%)$4,515
2014-15701 (47%)$4,458578 (39%)$4,621
2015-16595 (46%)$4,414459 (35%)$4,423
2016-17627 (46%)$4,205533 (39%)$4,543
2017-18543 (51%)$4,278368 (35%)$4,555
2018-19450 (44%)$4,889351 (34%)$4,741
2019-20487 (49%)$5,042341 (34%)$4,768
2020-21476 (50%)$5,489276 (29%)$5,110
2021-22505 (53%)$5,783283 (30%)$5,402
Average563 (47.78%)$4,764417 (34.67%)$4,742
*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, 450 (37.67 % of students) received Pell (federal) grants and its average amount is $4,256.
In addition, 267 students received State/local government grants/scholarships (22.00 % 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
2013-14575 (37%)$3,868102 (7%)$353362 (23%)$1,63341 (3%)$2,264
2014-15595 (40%)$3,94178 (5%)$430388 (26%)$1,64160 (4%)$1,826
2015-16501 (38%)$3,85061 (5%)$353328 (25%)$1,73172 (6%)$1,499
2016-17494 (36%)$3,82383 (6%)$411323 (24%)$1,76390 (7%)$1,606
2017-18432 (41%)$4,06877 (7%)$371242 (23%)$1,65786 (8%)$1,578
2018-19374 (36%)$4,535125 (12%)$390215 (21%)$1,40990 (9%)$1,693
2019-20391 (39%)$4,682153 (15%)$448191 (19%)$1,511165 (17%)$1,621
2020-21352 (37%)$4,737347 (37%)$1,222198 (21%)$1,639152 (16%)$1,293
2021-22333 (35%)$4,796415 (43%)$2,080158 (16%)$1,827134 (14%)$1,281
Average450 (37.67%)$4,256160 (15.22%)$673267 (22.00%)$1,64699 (9.33%)$1,629
*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, 417 (34.67 % of students) get any students loan help and its average loan amount is $417.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14566 (37%)$4,515564 (36%)$4,4946 (0%)$3,474
2014-15578 (39%)$4,621576 (39%)$4,5929 (1%)$2,848
2015-16459 (35%)$4,423458 (35%)$4,3905 (0%)$3,946
2016-17533 (39%)$4,543529 (39%)$4,49310 (1%)$4,504
2017-18368 (35%)$4,555362 (34%)$4,50310 (1%)$4,641
2018-19351 (34%)$4,741347 (34%)$4,57611 (1%)$6,928
2019-20341 (34%)$4,768339 (34%)$4,6508 (1%)$6,193
2020-21276 (29%)$5,110269 (28%)$5,0099 (1%)$7,001
2021-22283 (30%)$5,402280 (29%)$5,2114 (0%)$17,383
Average417 (34.67%)$4,742414 (34.22%)$4,6588 (1.00%)$6,324
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