How MWCC'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 Mount Wachusett Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,183, which is 56.44 % of all undergraduate students. 1,075 students which is 27.44% of undergraduate students received federal student loans and the average loan amount is $3,961.

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	2,743 (58%)	$4,706	2,253 (48%)	$4,259	1,464 (31%)	$3,739
2014-15	2,641 (61%)	$4,634	2,152 (50%)	$4,272	1,390 (32%)	$3,335
2015-16	2,401 (59%)	$4,592	1,887 (46%)	$4,259	1,178 (29%)	$3,642
2016-17	2,260 (57%)	$4,771	1,827 (46%)	$4,343	1,159 (29%)	$3,672
2017-18	2,152 (56%)	$4,863	1,770 (46%)	$4,265	1,080 (28%)	$4,002
2018-19	2,037 (55%)	$4,532	1,616 (43%)	$3,947	1,070 (29%)	$4,259
2019-20	2,003 (55%)	$4,895	1,631 (44%)	$4,402	955 (26%)	$4,297
2020-21	1,720 (54%)	$4,995	1,374 (43%)	$4,423	706 (22%)	$4,413
2021-22	1,688 (53%)	$5,435	1,319 (42%)	$4,808	669 (21%)	$4,292
Average	2,183 (56.44%)	$4,825	1,759 (45.33%)	$4,331	1,075 (27.44%)	$3,961

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

Overview

For the last 10 years, on average, 314 (72.33 % of students) received grants or scholarships and its average amount is $5,503. It can cover 50.39% of tuition & fees ($10,920) based on out-of-state rate.

In addition, 142 (31.89 % of students) students get helped from the students loans (average amount : $4,080).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	436 (73%)	$5,055	214 (36%)	$3,729
2014-15	391 (78%)	$5,120	190 (38%)	$3,752
2015-16	334 (69%)	$5,314	178 (37%)	$4,160
2016-17	382 (71%)	$5,020	177 (33%)	$3,768
2017-18	334 (80%)	$4,905	130 (31%)	$3,778
2018-19	280 (71%)	$5,042	132 (33%)	$4,370
2019-20	284 (70%)	$5,627	117 (29%)	$4,217
2020-21	225 (79%)	$5,726	63 (22%)	$4,161
2021-22	164 (60%)	$7,716	78 (28%)	$4,783
Average	314 (72.33%)	$5,503	142 (31.89%)	$4,080

^*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, 232 (53.00 % of students) received Pell (federal) grants and its average amount is $4,995.

In addition, 265 students received State/local government grants/scholarships (60.89 % 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	344 (58%)	$4,776	67 (11%)	$282	372 (62%)	$997	119 (20%)	$1,439
2014-15	308 (61%)	$4,796	89 (18%)	$279	320 (64%)	$1,035	170 (34%)	$990
2015-16	252 (52%)	$4,866	63 (13%)	$281	296 (61%)	$1,229	167 (34%)	$1,002
2016-17	284 (53%)	$4,712	75 (14%)	$305	326 (61%)	$1,169	192 (36%)	$913
2017-18	225 (54%)	$4,971	59 (14%)	$391	261 (63%)	$1,413	110 (27%)	$1,164
2018-19	188 (47%)	$5,056	64 (16%)	$302	249 (63%)	$1,341	94 (24%)	$1,148
2019-20	217 (54%)	$5,244	82 (20%)	$374	250 (62%)	$1,372	100 (25%)	$863
2020-21	152 (53%)	$5,160	147 (52%)	$1,029	161 (56%)	$1,668	84 (29%)	$1,004
2021-22	122 (45%)	$5,376	149 (54%)	$1,566	153 (56%)	$2,037	71 (26%)	$908
Average	232 (53.00%)	$4,995	88 (23.56%)	$534	265 (60.89%)	$1,362	123 (28.33%)	$1,048

^*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, 142 (31.89 % of students) get any students loan help and its average loan amount is $142.

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	214 (36%)	$3,729	208 (35%)	$3,691	6 (1%)	$5,042
2014-15	190 (38%)	$3,752	189 (38%)	$3,724	1 (0%)	$8,896
2015-16	178 (37%)	$4,160	169 (35%)	$3,947	9 (2%)	$8,169
2016-17	177 (33%)	$3,768	174 (33%)	$3,728	3 (1%)	$6,074
2017-18	130 (31%)	$3,778	126 (30%)	$3,720	4 (1%)	$5,630
2018-19	132 (33%)	$4,370	128 (32%)	$4,303	4 (1%)	$6,536
2019-20	117 (29%)	$4,217	115 (28%)	$4,173	3 (1%)	$4,529
2020-21	63 (22%)	$4,161	60 (21%)	$4,113	3 (1%)	$5,115
2021-22	78 (28%)	$4,783	75 (27%)	$4,269	6 (2%)	$8,814
Average	142 (31.89%)	$4,080	138 (31.00%)	$3,963	4 (1.25%)	$6,534

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Scholarships, Grants, and Loan Trends at MWCC

All Undergraduate Students Financial Aid Over Time

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