Scholarships, Grants, and Loan Trends at North Iowa Area CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,450, which is 50.33 % of all undergraduate students. 905 students which is 31.22% of undergraduate students received federal student loans and the average loan amount is $4,447.
For full-time, first-time beginning students (freshmen), 84.67% of students received grants or scholarships and 47% 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 Iowa Area Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,450, which is 50.33 % of all undergraduate students. 905 students which is 31.22% of undergraduate students received federal student loans and the average loan amount is $4,447.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,376 (43%)$3,858966 (30%)$3,5261,105 (34%)$4,768
2014-151,363 (46%)$3,611960 (33%)$3,6411,056 (36%)$4,451
2015-161,271 (43%)$3,476891 (30%)$3,330965 (33%)$4,369
2016-171,273 (42%)$3,984785 (26%)$3,441906 (30%)$4,473
2017-181,346 (46%)$4,228811 (28%)$3,552928 (31%)$4,420
2018-191,304 (44%)$4,566816 (27%)$3,817832 (28%)$4,377
2019-202,069 (71%)$4,576831 (29%)$4,452798 (28%)$4,304
2020-211,628 (61%)$4,353664 (25%)$3,910651 (24%)$4,505
2021-221,422 (57%)$6,284545 (22%)$4,325907 (37%)$4,352
Average1,450 (50.33%)$4,326808 (27.78%)$3,777905 (31.22%)$4,447

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

For the last 10 years, on average, 479 (84.67 % of students) received grants or scholarships and its average amount is $4,617. It can cover 49.94% of tuition & fees ($9,245) based on out-of-state rate.
In addition, 265 (46.56 % of students) students get helped from the students loans (average amount : $4,539).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14397 (69%)$3,819277 (48%)$4,287
2014-15446 (78%)$3,914258 (45%)$4,535
2015-16449 (83%)$3,593293 (54%)$4,020
2016-17486 (79%)$3,783275 (45%)$4,551
2017-18506 (88%)$4,144465 (81%)$4,683
2018-19489 (79%)$4,608241 (39%)$4,549
2019-20568 (93%)$5,590237 (39%)$4,294
2020-21491 (93%)$5,329190 (36%)$4,931
2021-22477 (100%)$6,774151 (32%)$5,001
Average479 (84.67%)$4,617265 (46.56%)$4,539
*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, 241 (42.22 % of students) received Pell (federal) grants and its average amount is $4,251.
In addition, 76 students received State/local government grants/scholarships (13.56 % 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
2013-14252 (44%)$3,98450 (9%)$49240 (7%)$1,702245 (43%)$1,713
2014-15254 (44%)$3,98147 (8%)$47643 (7%)$1,962305 (53%)$2,058
2015-16243 (45%)$3,70455 (10%)$48229 (5%)$2,428325 (60%)$1,897
2016-17259 (42%)$3,78145 (7%)$51953 (9%)$1,985337 (55%)$2,168
2017-18259 (45%)$4,44334 (6%)$60569 (12%)$1,750334 (58%)$2,409
2018-19274 (44%)$4,38766 (11%)$43290 (15%)$1,946375 (61%)$2,260
2019-20240 (39%)$4,945457 (75%)$674127 (21%)$4,306405 (67%)$2,799
2020-21206 (39%)$4,544436 (83%)$661124 (24%)$3,603330 (63%)$2,865
2021-22184 (38%)$4,493476 (99%)$1,934105 (22%)$3,960318 (66%)$3,358
Average241 (42.22%)$4,251185 (34.22%)$69776 (13.56%)$2,627330 (58.44%)$2,392
*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, 265 (46.56 % of students) get any students loan help and its average loan amount is $265.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14277 (48%)$4,287277 (48%)$4,287--
2014-15258 (45%)$4,535258 (45%)$4,4285 (1%)$5,526
2015-16293 (54%)$4,020293 (54%)$3,9156 (1%)$5,140
2016-17275 (45%)$4,551275 (45%)$4,4755 (1%)$4,180
2017-18465 (81%)$4,683465 (81%)$4,51412 (2%)$6,513
2018-19241 (39%)$4,549239 (39%)$4,3649 (1%)$5,936
2019-20237 (39%)$4,294236 (39%)$4,1459 (1%)$4,387
2020-21190 (36%)$4,931190 (36%)$4,6777 (1%)$6,882
2021-22151 (32%)$5,001151 (32%)$4,6718 (2%)$6,230
Average265 (46.56%)$4,539265 (46.56%)$4,3868 (1.25%)$5,599
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