Scholarships, Grants, and Loan Trends at River Valley CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 484, which is 57.00 % of all undergraduate students. 407 students which is 46.22% of undergraduate students received federal student loans and the average loan amount is $6,625.
For full-time, first-time beginning students (freshmen), 65.56% of students received grants or scholarships and 52% 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 River Valley Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 484, which is 57.00 % of all undergraduate students. 407 students which is 46.22% of undergraduate students received federal student loans and the average loan amount is $6,625.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14502 (51%)$3,617457 (46%)$3,277592 (60%)$6,676
2014-15510 (50%)$3,798462 (46%)$3,481542 (54%)$6,744
2015-16476 (50%)$3,725387 (41%)$3,666500 (52%)$6,437
2016-17526 (56%)$3,466390 (41%)$3,147462 (49%)$6,598
2017-18426 (50%)$3,556333 (39%)$3,249383 (45%)$6,435
2018-19461 (56%)$3,355296 (36%)$3,818343 (42%)$6,484
2019-20484 (64%)$3,398266 (35%)$3,782313 (41%)$6,761
2020-21492 (71%)$5,046257 (37%)$4,608273 (39%)$6,770
2021-22482 (65%)$5,041221 (30%)$3,886253 (34%)$6,720
Average484 (57.00%)$3,889341 (39.00%)$3,657407 (46.22%)$6,625

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

For the last 10 years, on average, 30 (65.56 % of students) received grants or scholarships and its average amount is $4,649. It can cover 30.61% of tuition & fees ($15,190) based on out-of-state rate.
In addition, 25 (51.67 % of students) students get helped from the students loans (average amount : $5,541).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (67%)$3,97241 (72%)$5,885
2014-1528 (54%)$5,30130 (58%)$6,118
2015-1625 (43%)$4,85931 (53%)$5,470
2016-1737 (67%)$4,40234 (62%)$5,212
2017-1820 (48%)$5,88016 (38%)$5,478
2018-1928 (78%)$4,02817 (47%)$5,126
2019-2035 (71%)$3,80529 (59%)$5,952
2020-2128 (80%)$5,31113 (37%)$5,688
2021-2227 (82%)$4,28413 (39%)$4,941
Average30 (65.56%)$4,64925 (51.67%)$5,541
*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, 23 (49.11 % of students) received Pell (federal) grants and its average amount is $4,593.
In addition, 15 students received State/local government grants/scholarships (34.11 % 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
2013-1437 (65%)$3,45611 (19%)$45518 (32%)$6033 (5%)$2,405
2014-1528 (54%)$4,85110 (19%)$48912 (23%)$642--
2015-1624 (41%)$4,4088 (14%)$50016 (28%)$731--
2016-1732 (58%)$4,04211 (20%)$50017 (31%)$6187 (13%)$2,500
2017-1820 (48%)$4,73712 (29%)$50013 (31%)$1,2771 (2%)$250
2018-1918 (50%)$4,9239 (25%)$40315 (42%)$1,0535 (14%)$950
2019-2020 (41%)$4,98129 (59%)$35517 (35%)$1,1247 (14%)$595
2020-2115 (43%)$5,5706 (17%)$3,70016 (46%)$1,80920 (57%)$701
2021-2214 (42%)$4,3654 (12%)$5,63413 (39%)$1,39618 (55%)$771
Average23 (49.11%)$4,59311 (23.78%)$1,39315 (34.11%)$1,0289 (22.86%)$1,167
*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, 25 (51.67 % of students) get any students loan help and its average loan amount is $25.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1441 (72%)$5,88540 (70%)$5,7793 (5%)$3,367
2014-1530 (58%)$6,11827 (52%)$5,5098 (15%)$4,347
2015-1631 (53%)$5,47031 (53%)$5,3102 (3%)$2,470
2016-1734 (62%)$5,21232 (58%)$4,5073 (5%)$10,991
2017-1816 (38%)$5,47816 (38%)$5,4251 (2%)$850
2018-1917 (47%)$5,12617 (47%)$5,126--
2019-2029 (59%)$5,95229 (59%)$5,3482 (4%)$8,756
2020-2113 (37%)$5,68813 (37%)$5,688--
2021-2213 (39%)$4,94113 (39%)$4,941--
Average25 (51.67%)$5,54124 (50.33%)$5,2933 (5.67%)$5,130
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