Scholarships, Grants, and Loan Trends at NRCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,691, which is 38.33 % of all undergraduate students. 452 students which is 10.00% of undergraduate students received federal student loans and the average loan amount is $4,933.
For full-time, first-time beginning students (freshmen), 65.44% of students received grants or scholarships and 13% 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 New River Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,691, which is 38.33 % of all undergraduate students. 452 students which is 10.00% of undergraduate students received federal student loans and the average loan amount is $4,933.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,935 (40%)$3,4231,538 (32%)$3,375743 (15%)$4,793
2014-151,946 (42%)$3,3461,514 (33%)$3,397675 (15%)$4,963
2015-161,710 (38%)$3,3961,279 (29%)$3,470588 (13%)$5,024
2016-171,680 (38%)$3,3591,227 (28%)$3,413574 (13%)$4,804
2017-181,606 (35%)$3,6001,200 (26%)$3,578449 (10%)$5,031
2018-191,621 (37%)$3,4081,114 (25%)$3,605349 (8%)$4,875
2019-201,640 (38%)$3,3821,069 (25%)$3,706311 (7%)$4,785
2020-211,567 (38%)$3,456929 (22%)$3,610214 (5%)$4,884
2021-221,518 (39%)$6,067837 (21%)$3,898162 (4%)$5,241
Average1,691 (38.33%)$3,7151,190 (26.78%)$3,561452 (10.00%)$4,933

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

For the last 10 years, on average, 321 (65.44 % of students) received grants or scholarships and its average amount is $4,816. It can cover 44.44% of tuition & fees ($10,837) based on out-of-state rate.
In addition, 64 (13.11 % of students) students get helped from the students loans (average amount : $4,626).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14306 (64%)$4,581119 (25%)$4,156
2014-15300 (67%)$4,47892 (20%)$4,135
2015-16304 (62%)$4,41487 (18%)$4,158
2016-17320 (64%)$4,82177 (15%)$4,318
2017-18332 (64%)$4,89577 (15%)$4,683
2018-19349 (63%)$4,74446 (8%)$4,859
2019-20310 (60%)$4,98247 (9%)$4,183
2020-21236 (54%)$5,02821 (5%)$4,606
2021-22428 (91%)$5,39914 (3%)$6,540
Average321 (65.44%)$4,81664 (13.11%)$4,626
*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, 247 (50.33 % of students) received Pell (federal) grants and its average amount is $4,228.
In addition, 210 students received State/local government grants/scholarships (42.89 % 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
2013-14273 (57%)$4,01135 (7%)$591179 (38%)$1,30454 (11%)$975
2014-15253 (56%)$4,05570 (16%)$466227 (51%)$91855 (12%)$1,392
2015-16239 (49%)$4,07333 (7%)$447244 (50%)$1,00972 (15%)$1,492
2016-17253 (50%)$4,36546 (9%)$467239 (48%)$1,26276 (15%)$1,520
2017-18283 (54%)$4,24560 (12%)$461218 (42%)$1,32172 (14%)$1,501
2018-19288 (52%)$4,16574 (13%)$428204 (37%)$1,54381 (15%)$1,353
2019-20240 (47%)$4,32768 (13%)$596239 (46%)$1,57367 (13%)$1,336
2020-21195 (45%)$4,28370 (16%)$981155 (35%)$1,41641 (9%)$1,548
2021-22201 (43%)$4,531418 (89%)$2,350185 (39%)$1,84151 (11%)$1,508
Average247 (50.33%)$4,22897 (20.22%)$754210 (42.89%)$1,35463 (12.78%)$1,403
*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, 64 (13.11 % of students) get any students loan help and its average loan amount is $64.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14119 (25%)$4,156119 (25%)$4,156--
2014-1592 (20%)$4,13592 (20%)$4,135--
2015-1687 (18%)$4,15887 (18%)$4,158--
2016-1777 (15%)$4,31877 (15%)$4,318--
2017-1877 (15%)$4,68377 (15%)$4,683--
2018-1946 (8%)$4,85943 (8%)$4,5123 (1%)$9,833
2019-2047 (9%)$4,18346 (9%)$4,0571 (0%)$10,000
2020-2121 (5%)$4,60614 (3%)$4,3957 (2%)$5,029
2021-2214 (3%)$6,54013 (3%)$4,5053 (1%)$11,000
Average64 (13.11%)$4,62663 (12.89%)$4,3244 (1.33%)$8,966
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