Scholarships, Grants, and Loan Trends at Peninsula

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 915, which is 44.22 % of all undergraduate students. 270 students which is 12.56% of undergraduate students received federal student loans and the average loan amount is $6,422.
For full-time, first-time beginning students (freshmen), 66.67% of students received grants or scholarships and 12% 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 Peninsula College since 2013.
For that period, the average number of students who received grants aid/scholarships is 915, which is 44.22 % of all undergraduate students. 270 students which is 12.56% of undergraduate students received federal student loans and the average loan amount is $6,422.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,061 (44%)$5,899878 (37%)$3,953528 (22%)$6,582
2014-151,024 (44%)$6,041844 (36%)$3,877406 (17%)$6,321
2015-16915 (40%)$5,941731 (32%)$3,836335 (15%)$6,550
2016-17886 (41%)$5,914660 (30%)$3,998238 (11%)$6,598
2017-18935 (45%)$6,286678 (32%)$4,033249 (12%)$6,161
2018-19922 (45%)$6,258660 (32%)$3,960229 (11%)$6,216
2019-20900 (46%)$6,418650 (33%)$4,019211 (11%)$6,324
2020-21723 (42%)$7,085428 (25%)$4,224114 (7%)$6,712
2021-22868 (51%)$8,305417 (25%)$4,080118 (7%)$6,331
Average915 (44.22%)$6,461661 (31.33%)$3,998270 (12.56%)$6,422

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

For the last 10 years, on average, 113 (66.67 % of students) received grants or scholarships and its average amount is $6,099. It can cover 119.34% of tuition & fees ($5,111) based on out-of-state rate.
In addition, 20 (11.56 % of students) students get helped from the students loans (average amount : $5,644).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14102 (57%)$5,76531 (17%)$4,721
2014-15104 (57%)$6,32920 (11%)$5,225
2015-16103 (58%)$6,03821 (12%)$5,276
2016-17119 (82%)$5,85316 (11%)$5,714
2017-18129 (67%)$5,43119 (10%)$6,814
2018-19107 (67%)$6,52219 (12%)$4,983
2019-20156 (78%)$5,66329 (14%)$6,288
2020-21101 (62%)$6,12110 (6%)$6,390
2021-2298 (72%)$7,17215 (11%)$5,389
Average113 (66.67%)$6,09920 (11.56%)$5,644
*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, 78 (45.67 % of students) received Pell (federal) grants and its average amount is $4,191.
In addition, 65 students received State/local government grants/scholarships (38.11 % 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
2013-1481 (46%)$4,1762 (1%)$59158 (33%)$2,54541 (23%)$2,462
2014-1583 (45%)$4,0927 (4%)$47065 (35%)$2,69154 (29%)$2,598
2015-1676 (43%)$4,0142 (1%)$1,05054 (31%)$2,87964 (36%)$2,488
2016-1778 (53%)$4,32118 (12%)$1,13062 (42%)$3,10366 (45%)$2,223
2017-1891 (47%)$4,01610 (5%)$85971 (37%)$2,66061 (32%)$2,258
2018-1978 (49%)$4,3867 (4%)$58259 (37%)$3,09371 (44%)$2,384
2019-20103 (51%)$4,2389 (4%)$1,30490 (45%)$3,45070 (35%)$1,782
2020-2162 (38%)$4,56736 (22%)$98668 (42%)$3,38146 (28%)$1,514
2021-2253 (39%)$3,90965 (48%)$4,01056 (41%)$3,30241 (30%)$1,223
Average78 (45.67%)$4,19117 (11.22%)$1,22065 (38.11%)$3,01257 (33.56%)$2,104
*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, 20 (11.56 % of students) get any students loan help and its average loan amount is $20.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (17%)$4,72130 (17%)$4,6421 (1%)$7,093
2014-1520 (11%)$5,22520 (11%)$5,225--
2015-1621 (12%)$5,27620 (11%)$4,6161 (1%)$18,480
2016-1716 (11%)$5,71414 (10%)$4,9582 (1%)$11,000
2017-1819 (10%)$6,81416 (8%)$6,0323 (2%)$10,985
2018-1919 (12%)$4,98317 (11%)$3,8982 (1%)$14,200
2019-2029 (14%)$6,28828 (14%)$6,0841 (0%)$12,000
2020-2110 (6%)$6,3909 (6%)$5,7781 (1%)$11,900
2021-2215 (11%)$5,38915 (11%)$5,389--
Average20 (11.56%)$5,64419 (11.00%)$5,1802 (1.17%)$12,237
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