Scholarships, Grants, and Loan Trends at Owens CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,400, which is 42.67 % of all undergraduate students. 3,739 students which is 35.11% of undergraduate students received federal student loans and the average loan amount is $5,547.
For full-time, first-time beginning students (freshmen), 70.44% of students received grants or scholarships and 56% 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 Owens Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,400, which is 42.67 % of all undergraduate students. 3,739 students which is 35.11% of undergraduate students received federal student loans and the average loan amount is $5,547.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,083 (48%)$3,3096,144 (42%)$3,4706,619 (45%)$5,440
2014-155,744 (46%)$3,2844,904 (39%)$3,4095,308 (42%)$5,050
2015-164,679 (41%)$3,3293,995 (35%)$3,3434,264 (37%)$5,079
2016-173,980 (39%)$3,1923,425 (34%)$3,2853,791 (37%)$5,413
2017-183,646 (36%)$3,2553,026 (30%)$3,4933,365 (34%)$5,485
2018-193,310 (35%)$3,3472,782 (29%)$3,5303,059 (32%)$5,609
2019-203,603 (39%)$3,2692,497 (27%)$3,5502,861 (31%)$5,893
2020-212,887 (38%)$3,5721,982 (26%)$3,7162,349 (31%)$5,894
2021-224,669 (62%)$3,5911,834 (24%)$3,8672,038 (27%)$6,063
Average4,400 (42.67%)$3,3503,399 (31.78%)$3,5183,739 (35.11%)$5,547

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

For the last 10 years, on average, 629 (70.44 % of students) received grants or scholarships and its average amount is $4,208. It can cover 41.01% of tuition & fees ($10,262) based on out-of-state rate.
In addition, 504 (55.89 % of students) students get helped from the students loans (average amount : $4,760).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14980 (69%)$4,034817 (58%)$4,647
2014-15723 (68%)$4,105602 (57%)$4,357
2015-16699 (69%)$4,380539 (53%)$4,420
2016-17573 (67%)$4,003520 (61%)$4,450
2017-18504 (62%)$4,232465 (57%)$4,826
2018-19493 (61%)$4,074478 (59%)$4,841
2019-20585 (76%)$3,956456 (60%)$5,039
2020-21413 (63%)$4,331338 (52%)$5,044
2021-22692 (99%)$4,758320 (46%)$5,218
Average629 (70.44%)$4,208504 (55.89%)$4,760
*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, 496 (54.11 % of students) received Pell (federal) grants and its average amount is $4,153.
In addition, 9 students received State/local government grants/scholarships (1.40 % 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
2013-14843 (60%)$4,01033 (2%)$4937 (0%)$2,885164 (12%)$3,268
2014-15627 (59%)$4,02354 (5%)$4284 (0%)$2,975138 (13%)$2,976
2015-16579 (57%)$3,98898 (10%)$34834 (3%)$1,052194 (19%)$3,521
2016-17501 (58%)$3,92858 (7%)$4089 (1%)$975137 (16%)$2,141
2017-18446 (54%)$4,22880 (10%)$4185 (1%)$1,84092 (11%)$2,223
2018-19455 (56%)$4,00865 (8%)$4406 (1%)$2,54275 (9%)$1,882
2019-20410 (54%)$4,260449 (59%)$5823 (0%)$4,256111 (15%)$2,646
2020-21289 (44%)$4,328266 (41%)$7433 (0%)$4,494122 (19%)$2,680
2021-22314 (45%)$4,605691 (99%)$2,00110 (1%)$3,082165 (24%)$2,622
Average496 (54.11%)$4,153199 (26.78%)$6519 (1.40%)$2,678133 (15.33%)$2,662
*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, 504 (55.89 % of students) get any students loan help and its average loan amount is $504.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14817 (58%)$4,647816 (58%)$4,5977 (0%)$6,402
2014-15602 (57%)$4,357602 (57%)$4,3433 (0%)$2,809
2015-16539 (53%)$4,420538 (53%)$4,35010 (1%)$4,195
2016-17520 (61%)$4,450519 (60%)$4,4412 (0%)$4,501
2017-18465 (57%)$4,826465 (57%)$4,7614 (0%)$7,523
2018-19478 (59%)$4,841475 (59%)$4,68515 (2%)$5,905
2019-20456 (60%)$5,039452 (59%)$4,88415 (2%)$6,029
2020-21338 (52%)$5,044334 (51%)$4,8999 (1%)$7,628
2021-22320 (46%)$5,218315 (45%)$5,0739 (1%)$7,978
Average504 (55.89%)$4,760502 (55.44%)$4,6708 (1.40%)$5,886
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