How Rowan-Cabarrus CC'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 Rowan-Cabarrus Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,057, which is 65.33 % of all undergraduate students. 2,853 students which is 43.50% of undergraduate students received federal student loans and the average loan amount is $5,392.

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	4,646 (69%)	$6,267	3,832 (57%)	$4,559	3,609 (54%)	$6,925
2014-15	4,421 (69%)	$3,773	3,724 (58%)	$2,131	2,097 (33%)	$3,859
2015-16	3,989 (77%)	$1,642	2,394 (46%)	$2,360	-	-
2016-17	3,964 (74%)	$4,516	3,415 (64%)	$4,512	-	-
2017-18	4,826 (83%)	$1,457	2,286 (39%)	$2,428	-	-
2018-19	3,601 (57%)	$5,499	3,013 (47%)	$5,523	-	-
2019-20	2,928 (41%)	$6,701	2,184 (31%)	$7,358	-	-
2020-21	3,745 (53%)	$5,455	1,990 (28%)	$7,841	-	-
2021-22	4,392 (65%)	$5,228	1,818 (27%)	$7,736	-	-
Average	4,057 (65.33%)	$4,504	2,740 (44.11%)	$4,939	2,853 (43.50%)	$5,392

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

Overview

For the last 10 years, on average, 549 (73.00 % of students) received grants or scholarships and its average amount is $5,441. It can cover 81.56% of tuition & fees ($6,672) based on out-of-state rate.

In addition, 77 (9.83 % of students) students get helped from the students loans (average amount : $6,036).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	707 (43%)	$4,717	377 (23%)	$6,792
2014-15	663 (75%)	$4,875	287 (32%)	$6,055
2015-16	388 (73%)	$4,783	4 (1%)	$4,700
2016-17	461 (72%)	$4,649	5 (1%)	$5,961
2017-18	602 (75%)	$4,849	1 (0%)	$2,479
2018-19	433 (67%)	$5,651	3 (0%)	$6,781
2019-20	496 (72%)	$7,153	9 (1%)	$6,703
2020-21	554 (84%)	$6,165	5 (1%)	$4,140
2021-22	639 (96%)	$6,131	2 (0%)	$10,712
Average	549 (73.00%)	$5,441	77 (9.83%)	$6,036

^*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, 419 (54.44 % of students) received Pell (federal) grants and its average amount is $5,988.

In addition, 168 students received State/local government grants/scholarships (21.78 % 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	617 (38%)	$4,821	45 (3%)	$389	220 (13%)	$1,349	28 (2%)	$1,646
2014-15	587 (66%)	$4,924	13 (1%)	$185	198 (22%)	$1,309	51 (6%)	$1,575
2015-16	318 (59%)	$4,867	8 (1%)	$1,099	49 (9%)	$3,707	44 (8%)	$2,672
2016-17	398 (62%)	$4,818	3 (0%)	$333	165 (26%)	$995	62 (10%)	$975
2017-18	505 (63%)	$4,839	44 (5%)	$409	226 (28%)	$1,612	102 (13%)	$914
2018-19	354 (55%)	$5,777	56 (9%)	$560	124 (19%)	$2,089	94 (15%)	$1,184
2019-20	377 (55%)	$7,831	463 (67%)	$442	151 (22%)	$2,149	69 (10%)	$962
2020-21	331 (50%)	$8,026	529 (80%)	$725	112 (17%)	$2,340	146 (22%)	$775
2021-22	281 (42%)	$7,993	357 (53%)	$2,864	264 (40%)	$1,937	157 (24%)	$876
Average	419 (54.44%)	$5,988	169 (27.38%)	$778	168 (21.78%)	$1,943	84 (12.22%)	$1,287

^*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, 77 (9.83 % of students) get any students loan help and its average loan amount is $77.

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	377 (23%)	$6,792	377 (23%)	$6,792	-	-
2014-15	287 (32%)	$6,055	287 (32%)	$6,055	-	-
2015-16	4 (1%)	$4,700	-	-	4 (1%)	$4,700
2016-17	5 (1%)	$5,961	-	-	5 (1%)	$5,961
2017-18	1 (0%)	$2,479	-	-	1 (0%)	$2,479
2018-19	3 (0%)	$6,781	-	-	3 (0%)	$6,781
2019-20	9 (1%)	$6,703	-	-	9 (1%)	$6,703
2020-21	5 (1%)	$4,140	-	-	5 (1%)	$4,140
2021-22	2 (0%)	$10,712	-	-	2 (0%)	$10,712
Average	77 (9.83%)	$6,036	332 (27.50%)	$6,424	4 (1.00%)	$5,925

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Scholarships, Grants, and Loan Trends at Rowan-Cabarrus CC

All Undergraduate Students Financial Aid Over Time

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