Scholarships, Grants, and Loan Trends at Quinsigamond CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,915, which is 64.89 % of all undergraduate students. 3,165 students which is 41.33% of undergraduate students received federal student loans and the average loan amount is $5,911.
For full-time, first-time beginning students (freshmen), 69.00% of students received grants or scholarships and 43% 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 Quinsigamond Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,915, which is 64.89 % of all undergraduate students. 3,165 students which is 41.33% of undergraduate students received federal student loans and the average loan amount is $5,911.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,319 (62%)$3,6514,171 (49%)$3,3663,295 (38%)$3,768
2014-155,246 (62%)$3,7104,102 (49%)$3,4183,477 (41%)$5,593
2015-164,781 (59%)$3,7213,670 (46%)$3,4043,462 (43%)$6,245
2016-174,546 (59%)$3,6013,336 (43%)$3,3983,469 (45%)$6,269
2017-184,538 (62%)$3,8573,401 (46%)$3,6093,394 (46%)$6,233
2018-194,498 (62%)$4,0863,248 (45%)$3,6603,297 (45%)$6,072
2019-205,152 (71%)$3,9493,160 (43%)$3,7503,017 (41%)$6,209
2020-215,256 (76%)$5,2772,754 (40%)$3,7382,667 (38%)$6,459
2021-224,897 (71%)$4,6022,694 (39%)$3,6422,405 (35%)$6,349
Average4,915 (64.89%)$4,0503,393 (44.44%)$3,5543,165 (41.33%)$5,911

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

For the last 10 years, on average, 575 (69.00 % of students) received grants or scholarships and its average amount is $5,210. It can cover 47.72% of tuition & fees ($10,918) based on out-of-state rate.
In addition, 360 (42.78 % of students) students get helped from the students loans (average amount : $4,912).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14690 (69%)$4,789406 (40%)$4,221
2014-15663 (68%)$4,832437 (45%)$5,056
2015-16598 (64%)$4,745415 (45%)$4,992
2016-17543 (61%)$4,641408 (46%)$4,896
2017-18562 (67%)$5,105420 (50%)$4,995
2018-19524 (68%)$5,275360 (47%)$4,729
2019-20515 (80%)$4,940261 (41%)$4,925
2020-21607 (76%)$5,929294 (37%)$5,295
2021-22475 (68%)$6,635239 (34%)$5,103
Average575 (69.00%)$5,210360 (42.78%)$4,912
*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, 450 (53.33 % of students) received Pell (federal) grants and its average amount is $4,593.
In addition, 433 students received State/local government grants/scholarships (52.22 % 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
2013-14586 (58%)$4,39666 (7%)$363529 (53%)$994128 (13%)$1,396
2014-15584 (60%)$4,28786 (9%)$364480 (49%)$1,023148 (15%)$1,201
2015-16505 (54%)$4,35674 (8%)$391439 (47%)$1,12465 (7%)$1,771
2016-17432 (48%)$4,44156 (6%)$453346 (39%)$1,37390 (10%)$1,125
2017-18476 (57%)$4,75863 (8%)$410371 (44%)$1,153103 (12%)$1,460
2018-19421 (55%)$4,72254 (7%)$507462 (60%)$1,246224 (29%)$773
2019-20343 (54%)$5,053295 (46%)$414406 (63%)$1,395122 (19%)$1,002
2020-21366 (46%)$4,540471 (59%)$2,347460 (58%)$1,544107 (13%)$1,141
2021-22336 (48%)$4,785365 (52%)$2,011400 (57%)$1,66391 (13%)$1,590
Average450 (53.33%)$4,593170 (22.44%)$807433 (52.22%)$1,279120 (14.56%)$1,273
*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, 360 (42.78 % of students) get any students loan help and its average loan amount is $360.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14406 (40%)$4,221404 (40%)$4,1536 (1%)$6,039
2014-15437 (45%)$5,056434 (44%)$5,0506 (1%)$2,895
2015-16415 (45%)$4,992415 (45%)$4,9196 (1%)$5,072
2016-17408 (46%)$4,896406 (45%)$4,8715 (1%)$3,940
2017-18420 (50%)$4,995418 (50%)$4,9386 (1%)$5,687
2018-19360 (47%)$4,729356 (46%)$4,6985 (1%)$6,019
2019-20261 (41%)$4,925257 (40%)$4,78110 (2%)$5,664
2020-21294 (37%)$5,295292 (37%)$5,2424 (1%)$6,513
2021-22239 (34%)$5,103238 (34%)$5,0714 (1%)$3,181
Average360 (42.78%)$4,912358 (42.33%)$4,8586 (1.11%)$5,001
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