How RVCC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Raritan Valley Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,186, which is 28.11 % of all undergraduate students. 582 students which is 7.11% of undergraduate students received federal student loans and the average loan amount is $4,847.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,021 (24%)	$3,777	1,848 (22%)	$3,293	777 (9%)	$4,511
2014-15	1,995 (24%)	$3,928	1,805 (22%)	$3,468	765 (9%)	$4,479
2015-16	1,943 (24%)	$4,014	1,705 (21%)	$3,559	685 (8%)	$4,704
2016-17	2,111 (26%)	$3,803	1,871 (23%)	$3,373	634 (8%)	$4,737
2017-18	2,359 (29%)	$4,077	2,087 (26%)	$3,637	668 (8%)	$4,580
2018-19	2,337 (30%)	$4,239	2,060 (26%)	$3,720	561 (7%)	$4,732
2019-20	2,515 (32%)	$4,811	1,982 (25%)	$3,857	497 (6%)	$5,227
2020-21	2,339 (33%)	$5,109	1,611 (23%)	$4,014	375 (5%)	$5,397
2021-22	2,053 (31%)	$4,694	1,719 (26%)	$3,709	276 (4%)	$5,257
Average	2,186 (28.11%)	$4,272	1,854 (23.78%)	$3,626	582 (7.11%)	$4,847

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

Overview

For the last 10 years, on average, 473 (41.44 % of students) received grants or scholarships and its average amount is $5,334. It can cover 71.70% of tuition & fees ($7,440) based on out-of-state rate.

In addition, 123 (10.56 % of students) students get helped from the students loans (average amount : $4,659).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	449 (36%)	$4,688	145 (12%)	$4,325
2014-15	442 (37%)	$4,975	160 (13%)	$4,262
2015-16	403 (37%)	$4,685	143 (13%)	$4,284
2016-17	482 (37%)	$4,965	144 (11%)	$4,537
2017-18	575 (45%)	$5,109	159 (12%)	$4,627
2018-19	471 (41%)	$5,310	120 (11%)	$4,174
2019-20	521 (46%)	$6,066	110 (10%)	$5,179
2020-21	495 (48%)	$6,269	74 (7%)	$5,340
2021-22	417 (46%)	$5,942	52 (6%)	$5,202
Average	473 (41.44%)	$5,334	123 (10.56%)	$4,659

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 400 (34.78 % of students) received Pell (federal) grants and its average amount is $4,453.

In addition, 233 students received State/local government grants/scholarships (20.78 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	401 (32%)	$4,016	10 (1%)	$855	212 (17%)	$2,162	35 (3%)	$784
2014-15	407 (34%)	$4,209	29 (2%)	$1,009	204 (17%)	$2,140	23 (2%)	$863
2015-16	368 (34%)	$4,039	30 (3%)	$1,539	153 (14%)	$2,032	34 (3%)	$1,310
2016-17	430 (33%)	$4,210	30 (2%)	$1,075	215 (17%)	$2,357	44 (3%)	$998
2017-18	518 (40%)	$4,510	36 (3%)	$1,465	214 (17%)	$2,212	67 (5%)	$1,125
2018-19	401 (35%)	$4,577	25 (2%)	$1,741	244 (21%)	$2,239	64 (6%)	$1,184
2019-20	395 (35%)	$4,874	189 (17%)	$1,497	307 (27%)	$2,838	61 (5%)	$1,334
2020-21	330 (32%)	$4,914	254 (25%)	$1,898	296 (29%)	$3,112	58 (6%)	$1,351
2021-22	346 (38%)	$4,731	55 (6%)	$1,037	253 (28%)	$2,756	51 (6%)	$1,704
Average	400 (34.78%)	$4,453	73 (6.78%)	$1,346	233 (20.78%)	$2,428	49 (4.33%)	$1,184

^*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..

Student Loans

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, 123 (10.56 % of students) get any students loan help and its average loan amount is $123.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	145 (12%)	$4,325	139 (11%)	$4,202	7 (1%)	$6,155
2014-15	160 (13%)	$4,262	151 (13%)	$4,175	11 (1%)	$4,684
2015-16	143 (13%)	$4,284	140 (13%)	$4,280	3 (0%)	$4,468
2016-17	144 (11%)	$4,537	137 (11%)	$4,348	8 (1%)	$7,216
2017-18	159 (12%)	$4,627	156 (12%)	$4,604	4 (0%)	$4,354
2018-19	120 (11%)	$4,174	111 (10%)	$4,021	11 (1%)	$4,952
2019-20	110 (10%)	$5,179	101 (9%)	$4,790	12 (1%)	$7,162
2020-21	74 (7%)	$5,340	68 (7%)	$5,173	7 (1%)	$6,197
2021-22	52 (6%)	$5,202	47 (5%)	$4,706	5 (1%)	$9,861
Average	123 (10.56%)	$4,659	117 (10.11%)	$4,478	8 (1.00%)	$6,117

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Scholarships, Grants, and Loan Trends at RVCC

All Undergraduate Students Financial Aid Over Time

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