Scholarships, Grants, and Loan Trends at SCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 501, which is 49.89 % of all undergraduate students. 153 students which is 14.89% of undergraduate students received federal student loans and the average loan amount is $5,868.
For full-time, first-time beginning students (freshmen), 57.78% of students received grants or scholarships and 14% 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 Salem Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 501, which is 49.89 % of all undergraduate students. 153 students which is 14.89% of undergraduate students received federal student loans and the average loan amount is $5,868.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14652 (53%)$4,306557 (45%)$3,626249 (20%)$5,181
2014-15507 (46%)$4,512428 (39%)$3,782195 (18%)$5,485
2015-16469 (41%)$4,534390 (34%)$3,969180 (16%)$6,011
2016-17467 (47%)$4,221387 (39%)$3,778179 (18%)$6,028
2017-18481 (49%)$4,773403 (41%)$4,206157 (16%)$5,725
2018-19453 (52%)$4,844348 (40%)$4,087127 (15%)$5,934
2019-20518 (52%)$4,923371 (38%)$4,168105 (11%)$5,965
2020-21453 (52%)$5,358316 (37%)$4,56581 (9%)$6,332
2021-22506 (57%)$4,654378 (43%)$4,141101 (11%)$6,155
Average501 (49.89%)$4,681398 (39.56%)$4,036153 (14.89%)$5,868

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

For the last 10 years, on average, 112 (57.78 % of students) received grants or scholarships and its average amount is $5,478. It can cover 55.33% of tuition & fees ($9,900) based on out-of-state rate.
In addition, 27 (13.89 % of students) students get helped from the students loans (average amount : $5,807).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14149 (66%)$4,67546 (20%)$4,527
2014-15140 (60%)$5,20740 (17%)$6,599
2015-16120 (59%)$5,15440 (20%)$5,986
2016-17109 (64%)$4,74135 (21%)$6,007
2017-18103 (60%)$5,50121 (12%)$5,452
2018-1986 (54%)$6,05917 (11%)$6,467
2019-20129 (56%)$5,68028 (12%)$6,114
2020-2180 (47%)$6,1757 (4%)$5,500
2021-2291 (54%)$6,10913 (8%)$5,612
Average112 (57.78%)$5,47827 (13.89%)$5,807
*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, 93 (48.44 % of students) received Pell (federal) grants and its average amount is $4,628.
In addition, 53 students received State/local government grants/scholarships (28.11 % 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
2013-14125 (55%)$4,01313 (6%)$1,01957 (25%)$2,16923 (10%)$2,521
2014-15109 (47%)$4,33938 (16%)$59161 (26%)$2,25630 (13%)$3,198
2015-1696 (47%)$4,5794 (2%)$28846 (23%)$2,43828 (14%)$2,343
2016-1787 (51%)$4,2391 (1%)$50045 (27%)$2,26020 (12%)$2,286
2017-1892 (54%)$4,76356 (33%)$22648 (28%)$2,2434 (2%)$2,021
2018-1974 (47%)$4,93636 (23%)$35053 (34%)$2,6062 (1%)$2,535
2019-20116 (51%)$4,51952 (23%)$67668 (30%)$2,5031 (0%)$3,105
2020-2167 (39%)$4,96240 (23%)$72549 (29%)$2,4834 (2%)$2,735
2021-2275 (45%)$5,30640 (24%)$30952 (31%)$2,5985 (3%)$2,101
Average93 (48.44%)$4,62831 (16.78%)$52053 (28.11%)$2,39513 (7.13%)$2,538
*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, 27 (13.89 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1446 (20%)$4,52746 (20%)$4,527--
2014-1540 (17%)$6,59939 (17%)$5,8436 (3%)$6,011
2015-1640 (20%)$5,98639 (19%)$6,0501 (0%)$3,500
2016-1735 (21%)$6,00735 (21%)$5,8921 (1%)$4,018
2017-1821 (12%)$5,45220 (12%)$5,4751 (1%)$5,000
2018-1917 (11%)$6,46716 (10%)$5,2542 (1%)$12,934
2019-2028 (12%)$6,11426 (11%)$4,8733 (1%)$14,833
2020-217 (4%)$5,5007 (4%)$5,500--
2021-2213 (8%)$5,61212 (7%)$5,5791 (1%)$6,000
Average27 (13.89%)$5,80727 (13.44%)$5,4442 (1.33%)$7,471
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