Scholarships, Grants, and Loan Trends at North Carolina Central

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,983, which is 81.11 % of all undergraduate students. 4,560 students which is 73.89% of undergraduate students received federal student loans and the average loan amount is $7,431.
For full-time, first-time beginning students (freshmen), 89.78% of students received grants or scholarships and 81% 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 North Carolina Central University since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,983, which is 81.11 % of all undergraduate students. 4,560 students which is 73.89% of undergraduate students received federal student loans and the average loan amount is $7,431.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,954 (80%)$8,2784,042 (65%)$4,5365,126 (82%)$8,193
2014-154,672 (79%)$8,6113,887 (66%)$4,6054,799 (81%)$8,115
2015-164,877 (79%)$8,5833,979 (65%)$4,6154,895 (79%)$7,599
2016-174,926 (78%)$8,2334,033 (64%)$4,5774,950 (79%)$7,521
2017-184,953 (78%)$9,0584,120 (65%)$5,2704,945 (78%)$7,466
2018-194,805 (75%)$9,4173,940 (61%)$5,2304,735 (74%)$7,361
2019-205,049 (83%)$9,3293,646 (60%)$5,2274,284 (70%)$7,230
2020-215,330 (88%)$10,2623,471 (57%)$5,2553,891 (64%)$7,023
2021-225,280 (90%)$12,9103,372 (57%)$5,3403,416 (58%)$6,375
Average4,983 (81.11%)$9,4093,832 (62.22%)$4,9624,560 (73.89%)$7,431

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

For the last 10 years, on average, 981 (89.78 % of students) received grants or scholarships and its average amount is $10,908. It can cover 55.72% of tuition & fees ($19,578) based on out-of-state rate.
In addition, 879 (80.89 % of students) students get helped from the students loans (average amount : $6,701).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14815 (88%)$9,261829 (90%)$7,511
2014-15806 (87%)$9,400789 (85%)$7,464
2015-16963 (87%)$9,481937 (85%)$6,715
2016-17984 (87%)$9,222961 (85%)$6,646
2017-181,111 (88%)$10,2231,097 (87%)$6,745
2018-19938 (83%)$11,135909 (81%)$6,505
2019-20979 (96%)$10,989822 (80%)$6,565
2020-211,159 (96%)$12,296811 (67%)$6,211
2021-221,073 (96%)$16,168758 (68%)$5,949
Average981 (89.78%)$10,908879 (80.89%)$6,701
*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, 810 (74.33 % of students) received Pell (federal) grants and its average amount is $5,286.
In addition, 683 students received State/local government grants/scholarships (63.11 % 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
2013-14727 (79%)$4,772150 (16%)$2,397655 (71%)$2,657746 (81%)$2,651
2014-15684 (74%)$4,805139 (15%)$2,726607 (66%)$2,763780 (85%)$2,864
2015-16846 (77%)$4,969184 (17%)$2,865756 (69%)$2,714907 (82%)$2,589
2016-17847 (75%)$4,870189 (17%)$2,749688 (61%)$2,407936 (83%)$2,963
2017-18975 (77%)$5,635186 (15%)$3,528803 (64%)$2,4951,040 (82%)$3,081
2018-19808 (72%)$5,619164 (15%)$3,301659 (59%)$3,505847 (75%)$3,604
2019-20761 (74%)$5,815920 (90%)$1,419650 (64%)$3,499827 (81%)$3,328
2020-21836 (69%)$5,4611,143 (94%)$3,932667 (55%)$3,270931 (77%)$3,233
2021-22802 (72%)$5,6311,073 (96%)$6,375659 (59%)$3,779954 (86%)$3,671
Average810 (74.33%)$5,286461 (41.67%)$3,255683 (63.11%)$3,010885 (81.33%)$3,109
*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, 879 (80.89 % of students) get any students loan help and its average loan amount is $879.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14829 (90%)$7,511829 (90%)$7,511--
2014-15789 (85%)$7,464789 (85%)$7,464--
2015-16937 (85%)$6,715937 (85%)$6,715--
2016-17961 (85%)$6,646961 (85%)$6,646--
2017-181,097 (87%)$6,7451,097 (87%)$6,745--
2018-19909 (81%)$6,505909 (81%)$6,505--
2019-20822 (80%)$6,565822 (80%)$6,565--
2020-21811 (67%)$6,211811 (67%)$6,211--
2021-22758 (68%)$5,949758 (68%)$5,949--
Average879 (80.89%)$6,701879 (80.89%)$6,701--
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