Scholarships, Grants, and Loan Trends at Mount Carmel College of Nursing

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 505, which is 60.89 % of all undergraduate students. 502 students which is 60.33% of undergraduate students received federal student loans and the average loan amount is $7,836.
For full-time, first-time beginning students (freshmen), 65.78% of students received grants or scholarships and 72% 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 Mount Carmel College of Nursing since 2013.
For that period, the average number of students who received grants aid/scholarships is 505, which is 60.89 % of all undergraduate students. 502 students which is 60.33% of undergraduate students received federal student loans and the average loan amount is $7,836.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14415 (44%)$5,303252 (27%)$3,947630 (67%)$6,724
2014-15467 (50%)$5,549247 (27%)$3,960547 (59%)$8,266
2015-16609 (68%)$6,801261 (29%)$4,000535 (60%)$7,915
2016-17651 (70%)$8,691236 (25%)$3,936508 (55%)$7,800
2017-18577 (66%)$8,455226 (26%)$4,585516 (59%)$7,769
2018-19556 (64%)$8,609225 (26%)$4,822504 (58%)$7,571
2019-20470 (64%)$8,818212 (29%)$5,203441 (60%)$7,788
2020-21434 (62%)$7,772227 (32%)$5,009446 (63%)$8,010
2021-22370 (60%)$7,893201 (32%)$5,082387 (62%)$8,682
Average505 (60.89%)$7,543232 (28.11%)$4,505502 (60.33%)$7,836

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

For the last 10 years, on average, 43 (65.78 % of students) received grants or scholarships and its average amount is $5,304. It can cover 19.40% of tuition & fees ($27,335).
In addition, 47 (72.11 % of students) students get helped from the students loans (average amount : $6,365).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1452 (60%)$5,51061 (71%)$8,523
2014-1557 (79%)$4,96657 (79%)$6,971
2015-1656 (64%)$4,75059 (67%)$7,290
2016-1766 (67%)$3,64969 (70%)$6,026
2017-1844 (59%)$5,34659 (79%)$5,725
2018-1931 (61%)$5,21640 (78%)$5,991
2019-2022 (59%)$7,05825 (68%)$4,980
2020-2143 (69%)$5,93139 (63%)$5,486
2021-2214 (74%)$5,31214 (74%)$6,290
Average43 (65.78%)$5,30447 (72.11%)$6,365
*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, 26 (41.00 % of students) received Pell (federal) grants and its average amount is $4,476.
In addition, 20 students received State/local government grants/scholarships (32.33 % 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
2013-1433 (38%)$4,3068 (9%)$1,50025 (29%)$2,34538 (44%)$1,942
2014-1531 (43%)$4,27826 (36%)$18819 (26%)$2,53451 (71%)$1,909
2015-1628 (32%)$4,78818 (20%)$18922 (25%)$2,51339 (44%)$1,878
2016-1732 (32%)$3,43129 (29%)$15522 (22%)$2,54944 (44%)$1,602
2017-1828 (37%)$4,56824 (32%)$22124 (32%)$2,65629 (39%)$1,319
2018-1920 (39%)$4,57020 (39%)$20517 (33%)$2,73517 (33%)$1,159
2019-2019 (51%)$4,96919 (51%)$19214 (38%)$3,1258 (22%)$1,681
2020-2131 (50%)$4,71729 (47%)$19124 (39%)$2,86520 (32%)$1,725
2021-229 (47%)$4,6559 (47%)$1679 (47%)$2,7755 (26%)$1,200
Average26 (41.00%)$4,47620 (34.44%)$33420 (32.33%)$2,67728 (39.44%)$1,602
*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, 47 (72.11 % of students) get any students loan help and its average loan amount is $47.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1461 (71%)$8,52360 (70%)$5,98312 (14%)$13,410
2014-1557 (79%)$6,97156 (78%)$5,67510 (14%)$7,950
2015-1659 (67%)$7,29058 (66%)$5,6459 (10%)$11,412
2016-1769 (70%)$6,02667 (68%)$4,75411 (11%)$8,843
2017-1859 (79%)$5,72558 (77%)$4,9917 (9%)$6,895
2018-1940 (78%)$5,99140 (78%)$4,5849 (18%)$6,252
2019-2025 (68%)$4,98025 (68%)$4,980--
2020-2139 (63%)$5,48638 (61%)$4,9693 (5%)$8,373
2021-2214 (74%)$6,29014 (74%)$5,4331 (5%)$12,000
Average47 (72.11%)$6,36546 (71.11%)$5,2248 (10.75%)$9,392
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