How RCBC'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 College at Burlington County since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,160, which is 37.44 % of all undergraduate students. 972 students which is 11.33% of undergraduate students received federal student loans and the average loan amount is $4,847.

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	3,300 (34%)	$3,971	2,926 (31%)	$3,564	1,259 (13%)	$4,773
2014-15	4,079 (43%)	$4,794	2,977 (32%)	$3,609	1,197 (13%)	$4,691
2015-16	3,068 (35%)	$4,047	2,633 (30%)	$3,615	1,008 (12%)	$4,603
2016-17	2,997 (35%)	$3,981	2,547 (30%)	$3,605	1,084 (13%)	$4,620
2017-18	3,135 (35%)	$4,224	2,676 (30%)	$3,863	985 (11%)	$4,618
2018-19	3,104 (35%)	$4,253	2,589 (29%)	$3,871	924 (10%)	$4,982
2019-20	3,188 (38%)	$4,457	2,601 (31%)	$3,901	1,047 (12%)	$5,219
2020-21	3,104 (43%)	$4,681	2,064 (28%)	$3,837	717 (10%)	$5,089
2021-22	2,462 (39%)	$4,492	1,818 (29%)	$3,768	531 (8%)	$5,027
Average	3,160 (37.44%)	$4,322	2,537 (30.00%)	$3,737	972 (11.33%)	$4,847

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

Overview

For the last 10 years, on average, 760 (51.11 % of students) received grants or scholarships and its average amount is $4,881. It can cover 70.37% of tuition & fees ($6,936) based on out-of-state rate.

In addition, 174 (11.56 % of students) students get helped from the students loans (average amount : $4,327).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	907 (49%)	$4,668	281 (15%)	$4,044
2014-15	967 (56%)	$4,123	221 (13%)	$4,263
2015-16	765 (51%)	$4,841	188 (13%)	$4,166
2016-17	760 (49%)	$4,740	213 (14%)	$4,241
2017-18	759 (48%)	$5,023	150 (10%)	$4,036
2018-19	729 (47%)	$5,193	164 (11%)	$4,550
2019-20	766 (51%)	$5,353	176 (12%)	$4,689
2020-21	700 (62%)	$4,417	97 (9%)	$4,593
2021-22	486 (47%)	$5,571	77 (7%)	$4,357
Average	760 (51.11%)	$4,881	174 (11.56%)	$4,327

^*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, 586 (38.78 % of students) received Pell (federal) grants and its average amount is $4,454.

In addition, 371 students received State/local government grants/scholarships (25.33 % 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	775 (42%)	$4,118	162 (9%)	$162	468 (25%)	$1,745	93 (5%)	$2,147
2014-15	700 (41%)	$4,274	154 (9%)	$139	399 (23%)	$1,910	84 (5%)	$2,520
2015-16	628 (42%)	$4,237	156 (10%)	$164	425 (28%)	$1,919	105 (7%)	$1,920
2016-17	615 (39%)	$4,196	143 (9%)	$203	361 (23%)	$1,985	107 (7%)	$2,580
2017-18	632 (40%)	$4,650	56 (4%)	$382	282 (18%)	$2,118	131 (8%)	$1,946
2018-19	606 (39%)	$4,614	104 (7%)	$362	322 (21%)	$2,037	103 (7%)	$2,874
2019-20	597 (39%)	$4,744	118 (8%)	$327	411 (27%)	$2,479	94 (6%)	$2,243
2020-21	345 (31%)	$4,594	161 (14%)	$1,065	347 (31%)	$2,580	319 (28%)	$1,380
2021-22	375 (36%)	$4,663	154 (15%)	$318	327 (32%)	$2,567	33 (3%)	$2,142
Average	586 (38.78%)	$4,454	134 (9.44%)	$347	371 (25.33%)	$2,149	119 (8.44%)	$2,195

^*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, 174 (11.56 % of students) get any students loan help and its average loan amount is $174.

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	281 (15%)	$4,044	260 (14%)	$3,982	22 (1%)	$4,592
2014-15	221 (13%)	$4,263	211 (12%)	$4,193	10 (1%)	$5,749
2015-16	188 (13%)	$4,166	177 (12%)	$4,079	12 (1%)	$5,091
2016-17	213 (14%)	$4,241	198 (13%)	$4,092	17 (1%)	$5,469
2017-18	150 (10%)	$4,036	141 (9%)	$3,969	10 (1%)	$4,574
2018-19	164 (11%)	$4,550	155 (10%)	$4,518	10 (1%)	$4,587
2019-20	176 (12%)	$4,689	164 (11%)	$4,666	13 (1%)	$4,626
2020-21	97 (9%)	$4,593	93 (8%)	$4,513	4 (0%)	$6,464
2021-22	77 (7%)	$4,357	70 (7%)	$4,240	7 (1%)	$5,527
Average	174 (11.56%)	$4,327	163 (10.67%)	$4,250	12 (1.00%)	$5,187

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Scholarships, Grants, and Loan Trends at RCBC

All Undergraduate Students Financial Aid Over Time

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