Scholarships, Grants, and Loan Trends at Polaris Career Center

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 165, which is 58.89 % of all undergraduate students. 147 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $4,894.
For full-time, first-time beginning students (freshmen), 65.11% of students received grants or scholarships and 62% 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 Polaris Career Center since 2013.
For that period, the average number of students who received grants aid/scholarships is 165, which is 58.89 % of all undergraduate students. 147 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $4,894.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14220 (62%)$7,199207 (59%)$2,960275 (78%)$3,531
2014-15209 (61%)$3,943195 (57%)$3,901195 (57%)$7,033
2015-16184 (67%)$4,423162 (59%)$4,012146 (53%)$6,309
2016-17164 (66%)$7,929130 (52%)$4,038126 (50%)$3,389
2017-18144 (56%)$4,531135 (53%)$3,945130 (51%)$5,852
2018-19141 (61%)$5,501112 (48%)$4,194132 (57%)$5,596
2019-20117 (48%)$3,870117 (48%)$3,870127 (52%)$4,392
2020-21165 (58%)$5,616148 (52%)$4,450143 (51%)$4,439
2021-22139 (51%)$5,525110 (40%)$4,08850 (18%)$3,502
Average165 (58.89%)$5,393146 (52.00%)$3,940147 (51.89%)$4,894

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

For the last 10 years, on average, 74 (65.11 % of students) received grants or scholarships and its average amount is $4,795. It can cover 47.08% of tuition & fees ($10,185) based on out-of-state rate.
In addition, 75 (62.22 % of students) students get helped from the students loans (average amount : $5,199).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14181 (57%)$3,523269 (84%)$3,610
2014-1590 (73%)$3,75673 (59%)$7,309
2015-1674 (70%)$4,54155 (52%)$5,929
2016-17102 (69%)$4,22583 (56%)$5,145
2017-1889 (60%)$4,68686 (58%)$5,657
2018-1990 (63%)$4,87881 (57%)$5,327
2019-2010 (59%)$5,71415 (88%)$5,595
2020-216 (75%)$5,9357 (88%)$5,334
2021-2227 (60%)$5,8988 (18%)$2,883
Average74 (65.11%)$4,79575 (62.22%)$5,199
*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, 69 (59.33 % of students) received Pell (federal) grants and its average amount is $4,312.
In addition, 10 students received State/local government grants/scholarships (10.38 % 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
2013-14181 (57%)$3,385--5 (2%)$5,000--
2014-1586 (69%)$3,539--5 (4%)$6,732--
2015-1665 (62%)$4,016--9 (9%)$8,329--
2016-1787 (59%)$3,898--15 (10%)$6,121--
2017-1889 (60%)$4,007--10 (7%)$6,038--
2018-1969 (49%)$4,157--28 (20%)$5,438--
2019-2010 (59%)$5,714------
2020-215 (63%)$5,622--1 (13%)$7,500--
2021-2225 (56%)$4,466--8 (18%)$5,950--
Average69 (59.33%)$4,312--10 (10.38%)$6,389--
*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, 75 (62.22 % of students) get any students loan help and its average loan amount is $75.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14269 (84%)$3,610269 (84%)$3,610--
2014-1573 (59%)$7,30973 (59%)$7,309--
2015-1655 (52%)$5,92955 (52%)$5,929--
2016-1783 (56%)$5,14583 (56%)$5,145--
2017-1886 (58%)$5,65786 (58%)$5,657--
2018-1981 (57%)$5,32781 (57%)$5,327--
2019-2015 (88%)$5,59515 (88%)$5,595--
2020-217 (88%)$5,3347 (88%)$5,334--
2021-228 (18%)$2,8838 (18%)$2,883--
Average75 (62.22%)$5,19975 (62.22%)$5,199--
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