How Rock Valley'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 Rock Valley College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,917, which is 43.89 % of all undergraduate students. 419 students which is 5.89% of undergraduate students received federal student loans and the average loan amount is $4,089.

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	3,616 (44%)	$4,585	3,018 (37%)	$4,104	776 (10%)	$3,477
2014-15	3,114 (40%)	$4,433	2,605 (34%)	$4,084	612 (8%)	$3,133
2015-16	2,811 (37%)	$4,382	2,328 (30%)	$4,134	472 (6%)	$3,719
2016-17	2,684 (35%)	$4,254	2,187 (28%)	$3,894	411 (5%)	$4,099
2017-18	2,329 (37%)	$4,978	1,852 (29%)	$4,620	380 (6%)	$4,224
2018-19	2,144 (34%)	$5,192	1,737 (28%)	$4,780	343 (5%)	$4,353
2019-20	2,553 (42%)	$4,821	1,921 (32%)	$4,258	367 (6%)	$4,271
2020-21	2,002 (35%)	$5,416	1,313 (23%)	$5,149	243 (4%)	$4,550
2021-22	5,003 (91%)	$2,765	1,212 (22%)	$5,087	168 (3%)	$4,975
Average	2,917 (43.89%)	$4,536	2,019 (29.22%)	$4,457	419 (5.89%)	$4,089

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

Overview

For the last 10 years, on average, 354 (48.33 % of students) received grants or scholarships and its average amount is $4,542. It can cover 21.28% of tuition & fees ($21,344) based on out-of-state rate.

In addition, 56 (7.67 % of students) students get helped from the students loans (average amount : $3,835).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	373 (48%)	$4,673	85 (11%)	$3,278
2014-15	285 (44%)	$4,701	63 (10%)	$2,949
2015-16	318 (43%)	$4,509	48 (7%)	$3,867
2016-17	411 (46%)	$4,637	72 (8%)	$3,537
2017-18	327 (43%)	$5,028	74 (10%)	$3,736
2018-19	334 (49%)	$4,476	50 (7%)	$4,339
2019-20	408 (60%)	$4,045	43 (6%)	$4,226
2020-21	358 (50%)	$4,546	40 (6%)	$4,170
2021-22	369 (52%)	$4,263	28 (4%)	$4,415
Average	354 (48.33%)	$4,542	56 (7.67%)	$3,835

^*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, 281 (38.22 % of students) received Pell (federal) grants and its average amount is $4,618.

In addition, 153 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	349 (45%)	$4,096	28 (4%)	$2,345	156 (20%)	$1,343	29 (4%)	$1,330
2014-15	267 (41%)	$4,120	21 (3%)	$2,519	129 (20%)	$1,125	31 (5%)	$1,343
2015-16	292 (40%)	$4,295	40 (5%)	$390	115 (16%)	$982	47 (6%)	$1,093
2016-17	359 (40%)	$4,138	76 (8%)	$1,227	196 (22%)	$1,202	71 (8%)	$1,287
2017-18	285 (38%)	$4,627	61 (8%)	$1,061	166 (22%)	$1,226	55 (7%)	$1,044
2018-19	254 (38%)	$4,853	64 (9%)	$902	131 (19%)	$1,263	25 (4%)	$1,561
2019-20	277 (40%)	$4,796	81 (12%)	$1,097	146 (21%)	$1,316	35 (5%)	$1,173
2020-21	214 (30%)	$5,573	126 (18%)	$776	164 (23%)	$1,460	60 (8%)	$1,628
2021-22	229 (32%)	$5,068	93 (13%)	$995	173 (24%)	$1,468	43 (6%)	$1,533
Average	281 (38.22%)	$4,618	66 (8.89%)	$1,257	153 (20.78%)	$1,265	44 (5.89%)	$1,332

^*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, 56 (7.67 % of students) get any students loan help and its average loan amount is $56.

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	85 (11%)	$3,278	85 (11%)	$3,278	-	-
2014-15	63 (10%)	$2,949	63 (10%)	$2,949	-	-
2015-16	48 (7%)	$3,867	48 (7%)	$3,867	-	-
2016-17	72 (8%)	$3,537	72 (8%)	$3,537	-	-
2017-18	74 (10%)	$3,736	74 (10%)	$3,736	-	-
2018-19	50 (7%)	$4,339	50 (7%)	$4,339	-	-
2019-20	43 (6%)	$4,226	43 (6%)	$4,226	-	-
2020-21	40 (6%)	$4,170	40 (6%)	$4,170	-	-
2021-22	28 (4%)	$4,415	28 (4%)	$4,415	-	-
Average	56 (7.67%)	$3,835	56 (7.67%)	$3,835	-	-

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Scholarships, Grants, and Loan Trends at Rock Valley

All Undergraduate Students Financial Aid Over Time

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