Scholarships, Grants, and Loan Trends at NECC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,562, which is 60.89 % of all undergraduate students. 1,270 students which is 20.89% of undergraduate students received federal student loans and the average loan amount is $4,326.
For full-time, first-time beginning students (freshmen), 65.22% of students received grants or scholarships and 21% 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 Northern Essex Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,562, which is 60.89 % of all undergraduate students. 1,270 students which is 20.89% of undergraduate students received federal student loans and the average loan amount is $4,326.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,796 (65%)$3,9924,405 (60%)$3,6762,044 (28%)$4,287
2014-154,614 (66%)$3,2614,258 (61%)$2,9201,884 (27%)$4,424
2015-164,178 (63%)$3,2503,567 (54%)$3,0811,729 (26%)$4,425
2016-173,686 (62%)$3,4633,263 (55%)$2,9881,394 (23%)$4,947
2017-183,048 (53%)$5,1242,719 (47%)$4,6081,583 (28%)$3,675
2018-192,783 (53%)$5,5432,432 (46%)$4,8381,026 (20%)$4,761
2019-203,022 (61%)$4,1162,206 (45%)$3,485791 (16%)$4,432
2020-212,740 (58%)$4,1461,715 (36%)$3,525578 (12%)$4,034
2021-223,194 (67%)$4,3771,642 (34%)$3,308399 (8%)$3,946
Average3,562 (60.89%)$4,1412,912 (48.67%)$3,6031,270 (20.89%)$4,326

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

For the last 10 years, on average, 419 (65.22 % of students) received grants or scholarships and its average amount is $4,966. It can cover 43.29% of tuition & fees ($11,472) based on out-of-state rate.
In addition, 141 (21.00 % of students) students get helped from the students loans (average amount : $3,699).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14513 (62%)$4,726217 (26%)$3,723
2014-15461 (60%)$4,455175 (23%)$3,796
2015-16460 (61%)$4,587166 (22%)$4,330
2016-17412 (58%)$4,608155 (22%)$4,154
2017-18451 (64%)$5,570211 (30%)$2,761
2018-19345 (62%)$5,673112 (20%)$3,300
2019-20373 (68%)$5,262107 (20%)$4,239
2020-21332 (69%)$4,76965 (14%)$3,600
2021-22423 (83%)$5,04562 (12%)$3,385
Average419 (65.22%)$4,966141 (21.00%)$3,699
*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, 336 (51.11 % of students) received Pell (federal) grants and its average amount is $4,502.
In addition, 312 students received State/local government grants/scholarships (48.00 % 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
2013-14446 (54%)$4,49454 (7%)$564408 (49%)$93912 (1%)$572
2014-15413 (54%)$4,09946 (6%)$606367 (48%)$87617 (2%)$684
2015-16402 (53%)$4,19561 (8%)$614335 (44%)$1,04035 (5%)$1,075
2016-17372 (52%)$3,96368 (10%)$852310 (44%)$1,09938 (5%)$685
2017-18390 (56%)$5,30956 (8%)$718367 (52%)$98768 (10%)$577
2018-19290 (52%)$5,26569 (12%)$1,006285 (51%)$1,16945 (8%)$618
2019-20278 (51%)$4,582212 (39%)$976280 (51%)$1,39375 (14%)$1,224
2020-21225 (47%)$4,236175 (37%)$1,285239 (50%)$1,37650 (10%)$1,529
2021-22208 (41%)$4,375405 (80%)$2,064219 (43%)$1,41255 (11%)$1,439
Average336 (51.11%)$4,502127 (23.00%)$965312 (48.00%)$1,14344 (7.33%)$934
*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, 141 (21.00 % of students) get any students loan help and its average loan amount is $141.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14217 (26%)$3,723217 (26%)$3,723--
2014-15175 (23%)$3,796175 (23%)$3,796--
2015-16166 (22%)$4,330165 (22%)$4,1865 (1%)$5,617
2016-17155 (22%)$4,154155 (22%)$4,154--
2017-18211 (30%)$2,761210 (30%)$2,6694 (1%)$5,505
2018-19112 (20%)$3,300110 (20%)$3,1585 (1%)$4,434
2019-20107 (20%)$4,239107 (20%)$3,9733 (1%)$9,500
2020-2165 (14%)$3,60060 (13%)$3,3225 (1%)$6,930
2021-2262 (12%)$3,38561 (12%)$3,3262 (0%)$3,482
Average141 (21.00%)$3,699140 (20.89%)$3,5904 (1.00%)$5,911
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