Scholarships, Grants, and Loan Trends at Palomar

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 10,991, which is 47.44 % of all undergraduate students. 184 students which is 1.00% of undergraduate students received federal student loans and the average loan amount is $4,138.
For full-time, first-time beginning students (freshmen), 69.00% of students received grants or scholarships and 1% 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 Palomar College since 2013.
For that period, the average number of students who received grants aid/scholarships is 10,991, which is 47.44 % of all undergraduate students. 184 students which is 1.00% of undergraduate students received federal student loans and the average loan amount is $4,138.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,192 (45%)$2,4464,156 (17%)$3,739307 (1%)$3,845
2014-1511,551 (46%)$2,3784,031 (16%)$3,712230 (1%)$4,358
2015-1611,232 (48%)$2,4434,004 (17%)$3,758215 (1%)$4,424
2016-1710,997 (46%)$2,3563,861 (16%)$3,455210 (1%)$4,081
2017-1811,426 (48%)$2,5204,079 (17%)$3,727162 (1%)$4,204
2018-1912,029 (50%)$2,5303,958 (17%)$3,765167 (1%)$4,151
2019-2011,374 (48%)$2,9864,383 (18%)$3,799164 (1%)$3,657
2020-2110,205 (48%)$3,2283,471 (16%)$3,93399 (0%)$3,965
2021-228,911 (48%)$4,8123,033 (16%)$3,91599 (1%)$4,561
Average10,991 (47.44%)$2,8553,886 (16.67%)$3,756184 (1.00%)$4,138

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

For the last 10 years, on average, 1,400 (69.00 % of students) received grants or scholarships and its average amount is $4,696. It can cover 44.09% of tuition & fees ($10,650) based on out-of-state rate.
In addition, 15 (1.20 % of students) students get helped from the students loans (average amount : $2,995).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,200 (59%)$4,31333 (2%)$2,990
2014-151,183 (58%)$4,28117 (1%)$3,289
2015-161,224 (61%)$4,61616 (1%)$2,928
2016-171,097 (61%)$4,55625 (1%)$2,839
2017-181,307 (65%)$5,2877 (0%)$2,830
2018-191,792 (77%)$4,27510 (0%)$3,430
2019-201,924 (81%)$4,49615 (1%)$3,060
2020-211,530 (79%)$4,5445 (0%)$2,598
2021-221,345 (80%)$5,8964 (0%)$2,995
Average1,400 (69.00%)$4,69615 (1.20%)$2,995
*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, 727 (35.78 % of students) received Pell (federal) grants and its average amount is $4,727.
In addition, 1,383 students received State/local government grants/scholarships (68.00 % 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
2013-14745 (37%)$4,478183 (9%)$4021,185 (58%)$1,4892 (0%)$500
2014-15729 (36%)$4,475167 (8%)$3571,170 (58%)$1,4891 (0%)$500
2015-16783 (39%)$4,593204 (10%)$4971,209 (60%)$1,615--
2016-17655 (36%)$4,472207 (12%)$5011,079 (60%)$1,8211 (0%)$690
2017-18796 (39%)$4,721309 (15%)$4661,296 (64%)$2,041758 (37%)$478
2018-19800 (34%)$4,734342 (15%)$4551,779 (76%)$2,043256 (11%)$330
2019-20873 (37%)$4,931360 (15%)$4131,913 (80%)$2,194--
2020-21639 (33%)$4,973732 (38%)$1,2361,493 (77%)$1,922--
2021-22519 (31%)$5,167841 (50%)$3,2891,320 (79%)$1,880--
Average727 (35.78%)$4,727372 (19.11%)$8461,383 (68.00%)$1,833204 (24.00%)$500
*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, 15 (1.20 % of students) get any students loan help and its average loan amount is $15.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1433 (2%)$2,99033 (2%)$2,990--
2014-1517 (1%)$3,28917 (1%)$3,289--
2015-1616 (1%)$2,92816 (1%)$2,928--
2016-1725 (1%)$2,83925 (1%)$2,839--
2017-187 (0%)$2,8307 (0%)$2,830--
2018-1910 (0%)$3,43010 (0%)$3,430--
2019-2015 (1%)$3,06015 (1%)$3,060--
2020-215 (0%)$2,5985 (0%)$2,598--
2021-224 (0%)$2,9954 (0%)$2,995--
Average15 (1.20%)$2,99515 (1.20%)$2,995--
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