Scholarships, Grants, and Loan Trends at Saint Joseph's College of Maine

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 991, which is 66.11 % of all undergraduate students. 937 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $6,669.
For full-time, first-time beginning students (freshmen), 97.78% of students received grants or scholarships and 87% 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 Saint Joseph's College of Maine since 2013.
For that period, the average number of students who received grants aid/scholarships is 991, which is 66.11 % of all undergraduate students. 937 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $6,669.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,143 (61%)$20,301456 (25%)$3,7201,218 (65%)$5,874
2014-151,058 (56%)$15,807417 (22%)$3,5451,014 (54%)$6,836
2015-161,019 (60%)$18,360356 (21%)$3,981945 (56%)$6,714
2016-171,058 (70%)$19,342353 (23%)$3,832979 (65%)$6,688
2017-181,023 (67%)$20,353363 (24%)$3,944929 (61%)$6,768
2018-191,015 (70%)$21,104351 (24%)$4,212934 (65%)$6,726
2019-20975 (74%)$20,537331 (25%)$4,047919 (70%)$6,762
2020-21879 (66%)$21,961284 (21%)$4,221813 (61%)$6,698
2021-22749 (71%)$22,685219 (21%)$4,231678 (64%)$6,951
Average991 (66.11%)$20,050348 (22.89%)$3,970937 (62.33%)$6,669

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

For the last 10 years, on average, 243 (97.78 % of students) received grants or scholarships and its average amount is $22,778. It can cover 53.18% of tuition & fees ($42,834).
In addition, 218 (87.22 % of students) students get helped from the students loans (average amount : $10,610).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14286 (98%)$19,262268 (91%)$9,674
2014-15250 (95%)$18,954229 (87%)$8,761
2015-16270 (97%)$21,887251 (91%)$8,096
2016-17256 (98%)$22,319238 (91%)$10,146
2017-18256 (96%)$22,560216 (81%)$11,832
2018-19277 (97%)$23,885240 (84%)$11,398
2019-20209 (99%)$24,797190 (90%)$11,486
2020-21219 (100%)$24,350187 (85%)$12,039
2021-22166 (100%)$26,987141 (85%)$12,056
Average243 (97.78%)$22,778218 (87.22%)$10,610
*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, 80 (31.78 % of students) received Pell (federal) grants and its average amount is $4,293.
In addition, 57 students received State/local government grants/scholarships (22.67 % 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
2013-14117 (40%)$3,691114 (39%)$59573 (25%)$845283 (97%)$17,482
2014-1586 (33%)$3,93083 (32%)$40469 (26%)$958249 (95%)$17,273
2015-1699 (36%)$4,385100 (36%)$43064 (23%)$1,460269 (97%)$19,847
2016-1779 (30%)$4,22567 (26%)$57660 (23%)$1,653255 (98%)$20,557
2017-1886 (32%)$4,16982 (31%)$78857 (21%)$1,507255 (96%)$20,652
2018-1995 (33%)$4,90895 (33%)$95762 (22%)$1,472277 (97%)$21,543
2019-2065 (31%)$4,24687 (41%)$1,02940 (19%)$1,463209 (99%)$22,768
2020-2156 (26%)$4,62755 (25%)$35049 (22%)$1,446219 (100%)$22,755
2021-2241 (25%)$4,45542 (25%)$84639 (23%)$2,377166 (100%)$25,114
Average80 (31.78%)$4,29381 (32.00%)$66457 (22.67%)$1,465242 (97.67%)$20,888
*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, 218 (87.22 % of students) get any students loan help and its average loan amount is $218.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14268 (91%)$9,674268 (91%)$6,18281 (28%)$11,554
2014-15229 (87%)$8,761229 (87%)$6,30638 (14%)$14,791
2015-16251 (91%)$8,096247 (89%)$6,07838 (14%)$13,969
2016-17238 (91%)$10,146238 (91%)$6,15465 (25%)$14,617
2017-18216 (81%)$11,832216 (81%)$6,22381 (30%)$14,957
2018-19240 (84%)$11,398240 (84%)$5,69181 (28%)$16,908
2019-20190 (90%)$11,486190 (90%)$5,78569 (33%)$15,698
2020-21187 (85%)$12,039185 (84%)$5,78572 (33%)$16,402
2021-22141 (85%)$12,056139 (84%)$5,60254 (33%)$17,062
Average218 (87.22%)$10,610217 (86.78%)$5,97864 (26.44%)$15,106
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