How Rio Salado'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 Rio Salado College since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,965, which is 27.56 % of all undergraduate students. 1,988 students which is 10.22% of undergraduate students received federal student loans and the average loan amount is $3,950.

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	5,434 (25%)	$2,531	4,267 (20%)	$2,956	3,820 (18%)	$4,495
2014-15	4,988 (25%)	$2,420	3,648 (18%)	$2,945	3,015 (15%)	$4,086
2015-16	4,338 (21%)	$2,381	3,056 (15%)	$2,953	2,539 (12%)	$3,834
2016-17	3,864 (21%)	$2,358	2,665 (14%)	$2,923	2,131 (11%)	$3,749
2017-18	3,359 (19%)	$2,479	2,428 (14%)	$2,966	1,828 (10%)	$3,567
2018-19	3,307 (18%)	$2,401	2,102 (11%)	$3,114	1,501 (8%)	$3,789
2019-20	2,048 (11%)	$3,346	1,957 (10%)	$3,155	1,311 (7%)	$3,860
2020-21	3,178 (18%)	$2,863	1,625 (9%)	$3,428	1,039 (6%)	$4,203
2021-22	14,172 (90%)	$849	1,204 (8%)	$3,317	712 (5%)	$3,970
Average	4,965 (27.56%)	$2,403	2,550 (13.22%)	$3,084	1,988 (10.22%)	$3,950

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

Overview

For the last 10 years, on average, 83 (79.11 % of students) received grants or scholarships and its average amount is $4,051. It can cover 45.22% of tuition & fees ($8,958) based on out-of-state rate.

In addition, 50 (45.56 % of students) students get helped from the students loans (average amount : $3,528).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	144 (84%)	$3,670	121 (70%)	$3,586
2014-15	85 (75%)	$4,144	64 (57%)	$3,365
2015-16	62 (74%)	$3,867	47 (56%)	$3,169
2016-17	86 (79%)	$3,834	61 (56%)	$2,940
2017-18	62 (81%)	$4,096	36 (47%)	$2,965
2018-19	64 (68%)	$4,592	36 (38%)	$3,567
2019-20	74 (84%)	$4,547	41 (47%)	$3,975
2020-21	77 (71%)	$5,379	28 (26%)	$4,710
2021-22	89 (96%)	$2,327	12 (13%)	$3,474
Average	83 (79.11%)	$4,051	50 (45.56%)	$3,528

^*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, 74 (69.67 % of students) received Pell (federal) grants and its average amount is $4,190.

In addition, 4 students received State/local government grants/scholarships (3.57 % 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	142 (83%)	$3,618	1 (1%)	$500	8 (5%)	$563	7 (4%)	$1,379
2014-15	85 (75%)	$4,097	-	-	6 (5%)	$500	2 (2%)	$500
2015-16	62 (74%)	$3,798	3 (4%)	$1,000	-	-	1 (1%)	$1,275
2016-17	85 (78%)	$3,695	5 (5%)	$800	-	-	13 (12%)	$902
2017-18	61 (79%)	$3,986	3 (4%)	$500	1 (1%)	$1,000	11 (14%)	$755
2018-19	62 (66%)	$4,462	7 (7%)	$571	4 (4%)	$1,000	12 (13%)	$770
2019-20	73 (83%)	$4,171	21 (24%)	$810	2 (2%)	$750	12 (14%)	$1,125
2020-21	62 (57%)	$5,003	54 (50%)	$1,334	3 (3%)	$833	27 (25%)	$1,091
2021-22	30 (32%)	$4,878	88 (95%)	$554	5 (5%)	$800	5 (5%)	$1,602
Average	74 (69.67%)	$4,190	23 (23.75%)	$759	4 (3.57%)	$778	10 (10.00%)	$1,044

^*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, 50 (45.56 % of students) get any students loan help and its average loan amount is $50.

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	121 (70%)	$3,586	121 (70%)	$3,586	-	-
2014-15	64 (57%)	$3,365	64 (57%)	$3,365	-	-
2015-16	47 (56%)	$3,169	47 (56%)	$3,169	-	-
2016-17	61 (56%)	$2,940	61 (56%)	$2,940	-	-
2017-18	36 (47%)	$2,965	36 (47%)	$2,965	-	-
2018-19	36 (38%)	$3,567	36 (38%)	$3,567	-	-
2019-20	41 (47%)	$3,975	41 (47%)	$3,975	-	-
2020-21	28 (26%)	$4,710	28 (26%)	$4,710	-	-
2021-22	12 (13%)	$3,474	12 (13%)	$3,474	-	-
Average	50 (45.56%)	$3,528	50 (45.56%)	$3,528	-	-

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Scholarships, Grants, and Loan Trends at Rio Salado

All Undergraduate Students Financial Aid Over Time

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