Scholarships, Grants, and Loan Trends at RBC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 662, which is 30.89 % of all undergraduate students. 461 students which is 21.00% of undergraduate students received federal student loans and the average loan amount is $6,067.
For full-time, first-time beginning students (freshmen), 68.56% of students received grants or scholarships and 51% 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 Richard Bland College since 2013.
For that period, the average number of students who received grants aid/scholarships is 662, which is 30.89 % of all undergraduate students. 461 students which is 21.00% of undergraduate students received federal student loans and the average loan amount is $6,067.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14667 (47%)$4,248478 (33%)$4,035401 (28%)$4,837
2014-15652 (41%)$4,393508 (32%)$4,102432 (27%)$6,380
2015-16745 (33%)$4,936550 (24%)$4,315465 (20%)$6,510
2016-17701 (28%)$5,447539 (21%)$4,197565 (22%)$6,839
2017-18610 (24%)$5,485423 (17%)$4,209465 (18%)$6,930
2018-19587 (24%)$6,375450 (18%)$4,501485 (19%)$7,035
2019-20729 (31%)$6,990489 (21%)$4,605484 (21%)$5,402
2020-21559 (24%)$6,797458 (20%)$5,032401 (17%)$6,673
2021-22706 (26%)$4,062498 (19%)$4,079451 (17%)$4,001
Average662 (30.89%)$5,415488 (22.78%)$4,342461 (21.00%)$6,067

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

For the last 10 years, on average, 325 (68.56 % of students) received grants or scholarships and its average amount is $5,779. It can cover 38.76% of tuition & fees ($14,910) based on out-of-state rate.
In addition, 242 (50.89 % of students) students get helped from the students loans (average amount : $6,611).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14285 (70%)$4,541193 (47%)$5,803
2014-15337 (79%)$4,171212 (50%)$7,364
2015-16378 (71%)$5,420245 (46%)$7,033
2016-17317 (66%)$5,823278 (58%)$7,341
2017-18277 (74%)$5,562209 (56%)$6,758
2018-19297 (70%)$6,857261 (61%)$7,760
2019-20373 (86%)$7,357262 (61%)$5,966
2020-21278 (55%)$6,771211 (42%)$6,178
2021-22380 (46%)$5,505305 (37%)$5,298
Average325 (68.56%)$5,779242 (50.89%)$6,611
*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, 241 (50.22 % of students) received Pell (federal) grants and its average amount is $4,625.
In addition, 200 students received State/local government grants/scholarships (43.00 % 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
2013-14202 (49%)$4,38827 (7%)$1,020153 (37%)$1,544151 (37%)$954
2014-15213 (50%)$4,48826 (6%)$694157 (37%)$2,080113 (26%)$929
2015-16286 (54%)$4,61134 (6%)$1,552251 (47%)$2,171123 (23%)$1,075
2016-17258 (54%)$4,36021 (4%)$1,909156 (32%)$3,57879 (16%)$1,553
2017-18178 (48%)$4,60429 (8%)$2,636195 (52%)$2,88251 (14%)$1,623
2018-19234 (55%)$4,84045 (11%)$1,989222 (52%)$2,868104 (24%)$1,709
2019-20255 (59%)$5,026318 (73%)$927312 (72%)$3,20972 (17%)$2,316
2020-21232 (46%)$5,18634 (7%)$1,081190 (38%)$2,70076 (15%)$1,702
2021-22309 (37%)$4,12246 (6%)$623165 (20%)$4,09346 (6%)$2,481
Average241 (50.22%)$4,62564 (14.22%)$1,381200 (43.00%)$2,79291 (19.78%)$1,594
*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, 242 (50.89 % of students) get any students loan help and its average loan amount is $242.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14193 (47%)$5,803186 (45%)$5,7917 (2%)$6,139
2014-15212 (50%)$7,364212 (50%)$6,85014 (3%)$7,781
2015-16245 (46%)$7,033240 (45%)$7,0325 (1%)$7,100
2016-17278 (58%)$7,341278 (58%)$7,2098 (2%)$4,603
2017-18209 (56%)$6,758209 (56%)$6,5289 (2%)$5,326
2018-19261 (61%)$7,760261 (61%)$7,46018 (4%)$4,351
2019-20262 (61%)$5,966262 (61%)$5,6596 (1%)$13,412
2020-21211 (42%)$6,178211 (42%)$5,6409 (2%)$12,596
2021-22305 (37%)$5,298305 (37%)$3,84632 (4%)$13,839
Average242 (50.89%)$6,611240 (50.56%)$6,22412 (2.33%)$8,350
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