Scholarships, Grants, and Loan Trends at Ocean Corporation

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 252, which is 60.44 % of all undergraduate students. 284 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $7,992.
For full-time, first-time beginning students (freshmen), 59.67% of students received grants or scholarships and 69% 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 Ocean Corporation since 2013.
For that period, the average number of students who received grants aid/scholarships is 252, which is 60.44 % of all undergraduate students. 284 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $7,992.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14386 (63%)$5,212377 (62%)$4,740439 (72%)$11,139
2014-15332 (60%)$5,784328 (59%)$4,789383 (69%)$7,979
2015-16330 (61%)$5,473320 (60%)$4,683385 (72%)$7,997
2016-17301 (73%)$5,879290 (71%)$4,651318 (78%)$8,005
2017-18208 (62%)$5,755196 (58%)$4,578213 (63%)$7,663
2018-19163 (54%)$6,682159 (52%)$4,950181 (60%)$7,507
2019-20185 (57%)$6,276176 (54%)$5,140208 (64%)$7,289
2020-21190 (59%)$6,019184 (57%)$4,975217 (67%)$7,209
2021-22176 (55%)$5,991173 (54%)$5,118208 (65%)$7,144
Average252 (60.44%)$5,897245 (58.56%)$4,847284 (67.78%)$7,992

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

For the last 10 years, on average, 122 (59.67 % of students) received grants or scholarships and its average amount is $5,993. It can cover 24.97% of tuition & fees ($24,000).
In addition, 140 (68.89 % of students) students get helped from the students loans (average amount : $7,637).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14168 (63%)$5,403194 (73%)$7,390
2014-15139 (57%)$5,703160 (66%)$7,759
2015-16151 (60%)$5,492180 (71%)$7,883
2016-17169 (68%)$5,913172 (70%)$8,439
2017-1893 (54%)$4,94695 (56%)$6,836
2018-1984 (65%)$6,90292 (71%)$8,833
2019-2099 (63%)$7,594116 (74%)$8,020
2020-21105 (57%)$5,885132 (72%)$6,919
2021-2291 (50%)$6,102122 (67%)$6,658
Average122 (59.67%)$5,993140 (68.89%)$7,637
*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, 119 (58.22 % of students) received Pell (federal) grants and its average amount is $4,797.
In addition, 18 students received State/local government grants/scholarships (9.44 % 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
2013-14166 (62%)$4,801101 (38%)$34017 (6%)$4,499--
2014-15139 (57%)$4,83792 (38%)$38916 (7%)$5,287--
2015-16148 (58%)$4,735102 (40%)$40314 (6%)$6,237--
2016-17164 (66%)$4,759111 (45%)$42034 (14%)$5,065--
2017-1882 (48%)$3,85257 (33%)$39724 (14%)$5,060--
2018-1984 (65%)$5,09056 (43%)$59621 (16%)$5,658--
2019-2099 (63%)$5,08586 (55%)$1,63318 (12%)$6,000--
2020-21103 (56%)$4,92264 (35%)$51513 (7%)$6,000--
2021-2290 (49%)$5,09056 (31%)$7716 (3%)$6,0005 (3%)$3,600
Average119 (58.22%)$4,79781 (39.78%)$60718 (9.44%)$5,5345 (3.00%)$3,600
*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, 140 (68.89 % of students) get any students loan help and its average loan amount is $140.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14194 (73%)$7,390194 (73%)$7,390--
2014-15160 (66%)$7,759160 (66%)$7,759--
2015-16180 (71%)$7,883180 (71%)$7,883--
2016-17172 (70%)$8,439172 (70%)$7,88812 (5%)$7,904
2017-1895 (56%)$6,83695 (56%)$6,4264 (2%)$9,738
2018-1992 (71%)$8,83392 (71%)$7,62012 (9%)$9,297
2019-20116 (74%)$8,020116 (74%)$7,25210 (6%)$8,913
2020-21132 (72%)$6,919132 (72%)$6,919--
2021-22122 (67%)$6,658122 (67%)$6,658--
Average140 (68.89%)$7,637140 (68.89%)$7,31110 (5.50%)$8,963
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