How SMCC'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 Southern Maine Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,369, which is 55.33 % of all undergraduate students. 1,826 students which is 29.56% of undergraduate students received federal student loans and the average loan amount is $4,784.

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	3,515 (49%)	$3,645	3,132 (44%)	$3,471	2,968 (41%)	$5,232
2014-15	3,412 (55%)	$3,561	2,989 (48%)	$3,402	2,614 (42%)	$4,891
2015-16	2,968 (49%)	$4,366	2,590 (43%)	$3,814	2,216 (37%)	$5,210
2016-17	3,359 (57%)	$3,576	2,651 (45%)	$3,250	2,177 (37%)	$4,422
2017-18	3,194 (53%)	$4,727	2,220 (37%)	$5,048	1,671 (28%)	$4,506
2018-19	3,282 (56%)	$4,482	2,018 (34%)	$5,148	1,526 (26%)	$4,613
2019-20	3,921 (61%)	$4,455	2,133 (33%)	$5,294	1,466 (23%)	$4,648
2020-21	3,385 (58%)	$4,534	1,590 (27%)	$5,406	970 (17%)	$4,898
2021-22	3,286 (60%)	$5,869	1,541 (28%)	$5,458	827 (15%)	$4,633
Average	3,369 (55.33%)	$4,357	2,318 (37.67%)	$4,477	1,826 (29.56%)	$4,784

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

Overview

For the last 10 years, on average, 600 (70.67 % of students) received grants or scholarships and its average amount is $5,260. It can cover 78.78% of tuition & fees ($6,677) based on out-of-state rate.

In addition, 367 (41.78 % of students) students get helped from the students loans (average amount : $4,666).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	667 (67%)	$4,568	567 (57%)	$5,327
2014-15	685 (76%)	$3,991	510 (56%)	$5,016
2015-16	647 (71%)	$4,721	439 (48%)	$4,592
2016-17	582 (68%)	$4,635	374 (43%)	$4,348
2017-18	589 (69%)	$5,619	368 (43%)	$4,317
2018-19	574 (67%)	$5,540	360 (42%)	$4,711
2019-20	648 (69%)	$5,848	360 (39%)	$4,418
2020-21	503 (70%)	$5,888	157 (22%)	$4,399
2021-22	506 (79%)	$6,529	166 (26%)	$4,865
Average	600 (70.67%)	$5,260	367 (41.78%)	$4,666

^*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, 469 (54.33 % of students) received Pell (federal) grants and its average amount is $4,745.

In addition, 333 students received State/local government grants/scholarships (39.22 % 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	613 (61%)	$4,153	58 (6%)	$922	390 (39%)	$828	177 (18%)	$707
2014-15	550 (61%)	$3,985	59 (7%)	$1,195	413 (46%)	$840	464 (51%)	$269
2015-16	525 (57%)	$4,154	54 (6%)	$1,249	364 (40%)	$1,265	304 (33%)	$1,137
2016-17	455 (53%)	$4,034	51 (6%)	$1,215	312 (36%)	$1,445	324 (38%)	$1,078
2017-18	489 (57%)	$5,069	34 (4%)	$1,675	290 (34%)	$1,500	321 (38%)	$1,055
2018-19	437 (51%)	$5,164	53 (6%)	$1,713	293 (34%)	$1,491	284 (33%)	$1,392
2019-20	490 (53%)	$5,265	144 (15%)	$1,473	358 (38%)	$1,487	337 (36%)	$1,380
2020-21	355 (49%)	$5,434	177 (25%)	$1,589	284 (39%)	$1,502	259 (36%)	$1,254
2021-22	303 (47%)	$5,446	304 (48%)	$2,182	297 (47%)	$2,047	286 (45%)	$1,335
Average	469 (54.33%)	$4,745	104 (13.67%)	$1,468	333 (39.22%)	$1,378	306 (36.44%)	$1,067

^*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, 367 (41.78 % of students) get any students loan help and its average loan amount is $367.

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	567 (57%)	$5,327	566 (56%)	$5,025	21 (2%)	$8,376
2014-15	510 (56%)	$5,016	505 (56%)	$4,725	24 (3%)	$7,172
2015-16	439 (48%)	$4,592	431 (47%)	$4,314	20 (2%)	$7,842
2016-17	374 (43%)	$4,348	374 (43%)	$4,120	14 (2%)	$6,090
2017-18	368 (43%)	$4,317	363 (42%)	$3,984	19 (2%)	$7,485
2018-19	360 (42%)	$4,711	357 (42%)	$4,353	20 (2%)	$7,087
2019-20	360 (39%)	$4,418	353 (38%)	$4,151	13 (1%)	$9,626
2020-21	157 (22%)	$4,399	157 (22%)	$4,399	-	-
2021-22	166 (26%)	$4,865	163 (26%)	$4,421	9 (1%)	$9,664
Average	367 (41.78%)	$4,666	363 (41.33%)	$4,388	18 (1.88%)	$7,918

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Scholarships, Grants, and Loan Trends at SMCC

All Undergraduate Students Financial Aid Over Time

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