How NICC'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 Northeast Iowa Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,615, which is 35.44 % of all undergraduate students. 1,136 students which is 24.44% of undergraduate students received federal student loans and the average loan amount is $5,604.

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	1,905 (37%)	$4,218	1,636 (31%)	$4,128	1,757 (34%)	$5,766
2014-15	1,758 (36%)	$4,874	1,444 (29%)	$4,765	1,478 (30%)	$5,610
2015-16	1,576 (32%)	$4,567	1,258 (26%)	$4,378	1,265 (26%)	$5,478
2016-17	1,452 (31%)	$4,993	1,157 (24%)	$4,798	1,174 (25%)	$5,884
2017-18	1,429 (32%)	$4,890	1,126 (25%)	$4,700	1,053 (23%)	$5,799
2018-19	1,345 (30%)	$4,580	1,066 (24%)	$4,500	1,059 (24%)	$5,552
2019-20	1,555 (35%)	$4,999	1,027 (23%)	$4,457	911 (21%)	$5,780
2020-21	1,690 (41%)	$5,116	938 (23%)	$4,466	759 (18%)	$5,439
2021-22	1,825 (45%)	$6,087	1,083 (27%)	$3,354	769 (19%)	$5,128
Average	1,615 (35.44%)	$4,925	1,193 (25.78%)	$4,394	1,136 (24.44%)	$5,604

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

Overview

For the last 10 years, on average, 306 (73.11 % of students) received grants or scholarships and its average amount is $4,956. It can cover 66.35% of tuition & fees ($7,470) based on out-of-state rate.

In addition, 195 (44.44 % of students) students get helped from the students loans (average amount : $4,846).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	378 (64%)	$4,155	341 (58%)	$4,919
2014-15	336 (69%)	$4,410	256 (53%)	$4,737
2015-16	333 (67%)	$4,153	249 (50%)	$4,927
2016-17	245 (63%)	$4,598	196 (51%)	$5,310
2017-18	274 (65%)	$4,731	201 (48%)	$4,776
2018-19	250 (67%)	$4,206	179 (48%)	$4,529
2019-20	297 (82%)	$5,276	139 (38%)	$4,733
2020-21	293 (85%)	$6,030	90 (26%)	$4,914
2021-22	350 (96%)	$7,048	102 (28%)	$4,772
Average	306 (73.11%)	$4,956	195 (44.44%)	$4,846

^*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, 210 (48.78 % of students) received Pell (federal) grants and its average amount is $4,686.

In addition, 100 students received State/local government grants/scholarships (24.44 % 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	323 (55%)	$4,158	32 (5%)	$588	93 (16%)	$1,827	71 (12%)	$544
2014-15	262 (54%)	$4,468	35 (7%)	$1,391	104 (21%)	$2,061	109 (22%)	$441
2015-16	255 (51%)	$4,131	32 (6%)	$1,182	103 (21%)	$2,300	120 (24%)	$458
2016-17	183 (47%)	$4,613	36 (9%)	$2,586	63 (16%)	$2,274	90 (23%)	$510
2017-18	210 (50%)	$4,891	30 (7%)	$1,511	85 (20%)	$2,122	92 (22%)	$472
2018-19	169 (46%)	$4,942	30 (8%)	$278	61 (16%)	$2,208	124 (33%)	$591
2019-20	178 (49%)	$4,664	101 (28%)	$930	122 (34%)	$4,495	135 (37%)	$701
2020-21	152 (44%)	$5,153	245 (71%)	$993	136 (40%)	$4,881	104 (30%)	$733
2021-22	157 (43%)	$5,158	346 (95%)	$2,595	131 (36%)	$5,157	114 (31%)	$733
Average	210 (48.78%)	$4,686	99 (26.22%)	$1,339	100 (24.44%)	$3,036	107 (26.00%)	$576

^*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, 195 (44.44 % of students) get any students loan help and its average loan amount is $195.

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	341 (58%)	$4,919	340 (57%)	$4,850	5 (1%)	$5,688
2014-15	256 (53%)	$4,737	256 (53%)	$4,702	2 (0%)	$4,437
2015-16	249 (50%)	$4,927	248 (50%)	$4,810	4 (1%)	$8,529
2016-17	196 (51%)	$5,310	195 (51%)	$5,262	4 (1%)	$3,689
2017-18	201 (48%)	$4,776	200 (48%)	$4,667	3 (1%)	$8,833
2018-19	179 (48%)	$4,529	178 (48%)	$4,309	6 (2%)	$7,274
2019-20	139 (38%)	$4,733	137 (38%)	$4,584	4 (1%)	$7,450
2020-21	90 (26%)	$4,914	90 (26%)	$4,791	2 (1%)	$5,500
2021-22	102 (28%)	$4,772	101 (28%)	$4,649	1 (0%)	$17,270
Average	195 (44.44%)	$4,846	194 (44.33%)	$4,736	3 (1.14%)	$7,630

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Scholarships, Grants, and Loan Trends at NICC

All Undergraduate Students Financial Aid Over Time

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