Scholarships, Grants, and Loan Trends at OASPN

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 35, which is 95.33 % of all undergraduate students. 27 students which is 73.89% of undergraduate students received federal student loans and the average loan amount is $7,801.
For full-time, first-time beginning students (freshmen), 95.11% of students received grants or scholarships and 83% 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 Otsego Area BOCES-Practical Nursing Program since 2013.
For that period, the average number of students who received grants aid/scholarships is 35, which is 95.33 % of all undergraduate students. 27 students which is 73.89% of undergraduate students received federal student loans and the average loan amount is $7,801.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1441 (95%)$5,24733 (77%)$4,08134 (79%)$6,743
2014-1537 (95%)$5,80336 (92%)$5,22731 (79%)$7,508
2015-1644 (100%)$4,32233 (75%)$4,80038 (86%)$8,709
2016-1737 (100%)$4,76025 (68%)$4,89932 (86%)$7,951
2017-1837 (100%)$3,78824 (65%)$4,67725 (68%)$8,679
2018-1924 (77%)$8,54320 (65%)$5,30318 (58%)$8,227
2019-2040 (95%)$6,25428 (67%)$5,18429 (69%)$7,303
2020-2124 (96%)$7,40922 (88%)$5,21724 (96%)$7,714
2021-2232 (100%)$10,44823 (72%)$4,41914 (44%)$7,375
Average35 (95.33%)$6,28627 (74.33%)$4,86727 (73.89%)$7,801

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

For the last 10 years, on average, 13 (95.11 % of students) received grants or scholarships and its average amount is $6,733. It can cover 49.24% of tuition & fees ($13,675) based on out-of-state rate.
In addition, 11 (82.67 % of students) students get helped from the students loans (average amount : $7,958).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1414 (93%)$4,58710 (67%)$6,413
2014-1512 (92%)$6,67111 (85%)$6,909
2015-1611 (100%)$6,01011 (100%)$10,097
2016-1720 (100%)$5,16017 (85%)$8,222
2017-1810 (100%)$5,12210 (100%)$8,150
2018-1910 (91%)$7,5469 (82%)$8,292
2019-2016 (89%)$6,40511 (61%)$8,321
2020-2110 (91%)$7,30911 (100%)$7,545
2021-2211 (100%)$11,7907 (64%)$7,672
Average13 (95.11%)$6,73311 (82.67%)$7,958
*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, 11 (81.78 % of students) received Pell (federal) grants and its average amount is $4,878.
In addition, 4 students received State/local government grants/scholarships (31.83 % 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
2013-1414 (93%)$3,5226 (40%)$3332 (13%)$5,9561 (7%)$1,000
2014-1512 (92%)$5,6137 (54%)$1,384--1 (8%)$3,000
2015-1611 (100%)$4,7488 (73%)$597--3 (27%)$3,033
2016-1714 (70%)$4,75611 (55%)$9174 (20%)$3,8344 (20%)$2,800
2017-189 (90%)$4,8359 (90%)$856----
2018-197 (64%)$5,2449 (82%)$2,3883 (27%)$5,750--
2019-2013 (72%)$5,1438 (44%)$1,4374 (22%)$6,032--
2020-219 (82%)$6,0129 (82%)$1,4982 (18%)$2,750--
2021-228 (73%)$4,03310 (91%)$90710 (91%)$8,835--
Average11 (81.78%)$4,8789 (67.89%)$1,1464 (31.83%)$5,5262 (15.50%)$2,458
*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, 11 (82.67 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1410 (67%)$6,41310 (67%)$6,413--
2014-1511 (85%)$6,90911 (85%)$6,909--
2015-1611 (100%)$10,09710 (91%)$10,6571 (9%)$4,500
2016-1717 (85%)$8,22217 (85%)$8,222--
2017-1810 (100%)$8,15010 (100%)$8,150--
2018-199 (82%)$8,2929 (82%)$7,9591 (9%)$3,000
2019-2011 (61%)$8,32110 (56%)$8,1531 (6%)$10,000
2020-2111 (100%)$7,54511 (100%)$7,545--
2021-227 (64%)$7,6727 (64%)$7,672--
Average11 (82.67%)$7,95811 (81.11%)$7,9641 (8.00%)$5,833
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