Scholarships, Grants, and Loan Trends at NIC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,809, which is 53.22 % of all undergraduate students. 1,413 students which is 26.11% of undergraduate students received federal student loans and the average loan amount is $4,239.
For full-time, first-time beginning students (freshmen), 79.89% of students received grants or scholarships and 40% 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 Idaho College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,809, which is 53.22 % of all undergraduate students. 1,413 students which is 26.11% of undergraduate students received federal student loans and the average loan amount is $4,239.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,298 (55%)$3,8162,716 (45%)$3,5872,881 (48%)$4,335
2014-153,142 (54%)$3,9532,449 (42%)$3,6431,940 (34%)$4,449
2015-163,258 (59%)$3,2102,062 (37%)$3,5601,319 (24%)$4,267
2016-172,466 (46%)$3,6161,835 (34%)$3,4411,427 (27%)$4,257
2017-182,389 (44%)$3,7111,670 (31%)$3,5311,257 (23%)$4,103
2018-192,258 (43%)$3,8641,547 (29%)$3,6401,123 (21%)$4,039
2019-202,439 (48%)$3,7511,385 (27%)$3,6411,010 (20%)$4,199
2020-212,851 (60%)$3,0741,194 (25%)$3,980930 (20%)$4,289
2021-223,184 (70%)$3,0491,145 (25%)$3,765833 (18%)$4,212
Average2,809 (53.22%)$3,5601,778 (32.78%)$3,6431,413 (26.11%)$4,239

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

For the last 10 years, on average, 508 (79.89 % of students) received grants or scholarships and its average amount is $4,356. It can cover 49.87% of tuition & fees ($8,736) based on out-of-state rate.
In addition, 257 (39.67 % of students) students get helped from the students loans (average amount : $4,028).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14537 (71%)$4,988480 (64%)$3,701
2014-15501 (77%)$4,391291 (45%)$4,274
2015-16440 (71%)$3,934290 (47%)$3,946
2016-17412 (70%)$4,519249 (42%)$4,359
2017-18454 (78%)$4,462213 (36%)$3,840
2018-19524 (76%)$4,452235 (34%)$4,101
2019-20551 (85%)$4,585209 (32%)$4,148
2020-21541 (91%)$3,888177 (30%)$3,959
2021-22613 (100%)$3,989165 (27%)$3,928
Average508 (79.89%)$4,356257 (39.67%)$4,028
*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, 318 (49.67 % of students) received Pell (federal) grants and its average amount is $4,411.
In addition, 83 students received State/local government grants/scholarships (12.33 % 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
2013-14438 (58%)$4,16931 (4%)$1,131259 (34%)$601211 (28%)$3,138
2014-15352 (54%)$4,27726 (4%)$88874 (11%)$2,969195 (30%)$2,317
2015-16321 (52%)$4,05634 (5%)$45819 (3%)$3,091198 (32%)$1,792
2016-17322 (54%)$4,25622 (4%)$45042 (7%)$2,926203 (34%)$1,767
2017-18321 (55%)$4,33437 (6%)$50365 (11%)$2,551265 (45%)$1,699
2018-19328 (48%)$4,54064 (9%)$32479 (11%)$3,052353 (51%)$1,647
2019-20307 (48%)$4,593419 (65%)$54091 (14%)$3,435329 (51%)$1,755
2020-21231 (39%)$4,971464 (78%)$50146 (8%)$3,443253 (43%)$2,230
2021-22240 (39%)$4,500608 (99%)$84073 (12%)$3,104364 (59%)$1,725
Average318 (49.67%)$4,411189 (30.44%)$62683 (12.33%)$2,797263 (41.44%)$2,008
*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, 257 (39.67 % of students) get any students loan help and its average loan amount is $257.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14480 (64%)$3,701480 (64%)$3,6554 (1%)$5,550
2014-15291 (45%)$4,274289 (44%)$4,07410 (2%)$6,613
2015-16290 (47%)$3,946289 (47%)$3,8795 (1%)$4,704
2016-17249 (42%)$4,359244 (41%)$4,15710 (2%)$7,092
2017-18213 (36%)$3,840212 (36%)$3,6575 (1%)$8,539
2018-19235 (34%)$4,101235 (34%)$3,82814 (2%)$4,583
2019-20209 (32%)$4,148209 (32%)$3,9017 (1%)$7,384
2020-21177 (30%)$3,959177 (30%)$3,959--
2021-22165 (27%)$3,928165 (27%)$3,928--
Average257 (39.67%)$4,028256 (39.44%)$3,8938 (1.43%)$6,352
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