How SCC'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 Somerset Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,196, which is 86.22 % of all undergraduate students. 1,872 students which is 29.67% of undergraduate students received federal student loans and the average loan amount is $5,140.

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	5,777 (77%)	$4,047	4,705 (63%)	$3,658	3,345 (45%)	$5,546
2014-15	5,389 (77%)	$4,247	4,591 (66%)	$3,685	2,913 (42%)	$4,978
2015-16	5,163 (81%)	$4,203	3,908 (61%)	$3,710	2,224 (35%)	$5,133
2016-17	5,733 (87%)	$3,538	3,414 (52%)	$3,635	1,952 (29%)	$5,019
2017-18	5,137 (87%)	$4,000	3,290 (56%)	$3,804	1,693 (29%)	$5,158
2018-19	5,330 (91%)	$3,887	3,171 (54%)	$3,783	1,555 (26%)	$5,215
2019-20	4,997 (89%)	$4,101	2,823 (50%)	$3,727	1,335 (24%)	$4,981
2020-21	4,311 (89%)	$4,562	2,429 (50%)	$4,045	1,022 (21%)	$5,146
2021-22	4,928 (98%)	$5,131	2,269 (45%)	$4,021	809 (16%)	$5,084
Average	5,196 (86.22%)	$4,191	3,400 (55.22%)	$3,785	1,872 (29.67%)	$5,140

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

Overview

For the last 10 years, on average, 730 (97.11 % of students) received grants or scholarships and its average amount is $6,275. It can cover 101.34% of tuition & fees ($6,192) based on out-of-state rate.

In addition, 196 (25.33 % of students) students get helped from the students loans (average amount : $4,330).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	829 (96%)	$5,420	356 (41%)	$4,675
2014-15	865 (97%)	$5,090	287 (32%)	$4,369
2015-16	774 (96%)	$5,682	198 (25%)	$4,411
2016-17	673 (97%)	$5,168	214 (31%)	$4,233
2017-18	774 (96%)	$5,808	214 (27%)	$4,189
2018-19	788 (97%)	$6,182	167 (20%)	$4,123
2019-20	689 (98%)	$6,674	144 (21%)	$4,506
2020-21	603 (97%)	$7,466	110 (18%)	$4,428
2021-22	571 (100%)	$8,982	72 (13%)	$4,040
Average	730 (97.11%)	$6,275	196 (25.33%)	$4,330

^*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, 566 (74.89 % of students) received Pell (federal) grants and its average amount is $4,467.

In addition, 629 students received State/local government grants/scholarships (84.33 % 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	681 (79%)	$4,406	46 (5%)	$743	596 (69%)	$2,205	68 (8%)	$2,127
2014-15	722 (81%)	$4,249	74 (8%)	$705	644 (72%)	$1,752	83 (9%)	$1,866
2015-16	621 (77%)	$4,308	52 (6%)	$685	662 (82%)	$2,052	128 (16%)	$2,562
2016-17	509 (73%)	$4,133	36 (5%)	$802	566 (81%)	$1,984	112 (16%)	$1,988
2017-18	594 (74%)	$4,485	79 (10%)	$831	666 (83%)	$2,135	139 (17%)	$2,474
2018-19	612 (75%)	$4,429	96 (12%)	$742	751 (92%)	$2,246	152 (19%)	$2,652
2019-20	508 (73%)	$4,543	213 (30%)	$1,337	666 (95%)	$2,421	191 (27%)	$2,059
2020-21	445 (72%)	$4,911	406 (65%)	$1,059	580 (93%)	$2,540	210 (34%)	$1,970
2021-22	401 (70%)	$4,737	561 (98%)	$2,479	528 (92%)	$2,549	234 (41%)	$2,105
Average	566 (74.89%)	$4,467	174 (26.56%)	$1,043	629 (84.33%)	$2,209	146 (20.78%)	$2,200

^*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, 196 (25.33 % of students) get any students loan help and its average loan amount is $196.

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	356 (41%)	$4,675	356 (41%)	$4,675	-	-
2014-15	287 (32%)	$4,369	287 (32%)	$4,369	-	-
2015-16	198 (25%)	$4,411	198 (25%)	$4,411	-	-
2016-17	214 (31%)	$4,233	214 (31%)	$4,233	-	-
2017-18	214 (27%)	$4,189	214 (27%)	$4,189	-	-
2018-19	167 (20%)	$4,123	167 (20%)	$4,123	-	-
2019-20	144 (21%)	$4,506	144 (21%)	$4,506	-	-
2020-21	110 (18%)	$4,428	110 (18%)	$4,428	-	-
2021-22	72 (13%)	$4,040	72 (13%)	$4,040	-	-
Average	196 (25.33%)	$4,330	196 (25.33%)	$4,330	-	-

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Scholarships, Grants, and Loan Trends at SCC

All Undergraduate Students Financial Aid Over Time

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