How STCC'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 Springfield Technical Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,671, which is 68.33 % of all undergraduate students. 1,048 students which is 19.00% of undergraduate students received federal student loans and the average loan amount is $3,438.

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	4,725 (70%)	$3,891	3,816 (56%)	$3,590	1,672 (25%)	$3,414
2014-15	4,303 (65%)	$4,098	3,707 (56%)	$3,608	1,434 (22%)	$3,330
2015-16	3,922 (62%)	$4,111	3,307 (53%)	$3,583	1,206 (19%)	$3,492
2016-17	3,406 (61%)	$4,254	2,918 (52%)	$3,530	1,105 (20%)	$3,355
2017-18	3,362 (63%)	$4,635	2,871 (54%)	$3,795	845 (16%)	$3,806
2018-19	2,979 (61%)	$2,788	2,480 (50%)	$2,330	789 (16%)	$2,081
2019-20	3,499 (69%)	$4,619	2,635 (52%)	$3,980	903 (18%)	$3,801
2020-21	3,493 (81%)	$3,991	2,021 (47%)	$3,693	784 (18%)	$3,685
2021-22	3,350 (83%)	$4,026	1,895 (47%)	$3,626	691 (17%)	$3,975
Average	3,671 (68.33%)	$4,046	2,850 (51.89%)	$3,526	1,048 (19.00%)	$3,438

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

Overview

For the last 10 years, on average, 577 (82.44 % of students) received grants or scholarships and its average amount is $4,990. It can cover 46.51% of tuition & fees ($10,728) based on out-of-state rate.

In addition, 153 (21.00 % of students) students get helped from the students loans (average amount : $3,819).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	752 (79%)	$4,517	270 (29%)	$3,406
2014-15	714 (78%)	$4,845	217 (24%)	$3,500
2015-16	674 (78%)	$4,772	176 (20%)	$3,767
2016-17	518 (75%)	$4,743	146 (21%)	$3,370
2017-18	591 (77%)	$5,505	131 (17%)	$4,213
2018-19	526 (78%)	$5,498	137 (20%)	$3,783
2019-20	609 (86%)	$5,457	122 (17%)	$4,222
2020-21	411 (93%)	$4,788	96 (22%)	$4,059
2021-22	402 (98%)	$4,786	80 (19%)	$4,047
Average	577 (82.44%)	$4,990	153 (21.00%)	$3,819

^*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, 477 (66.11 % of students) received Pell (federal) grants and its average amount is $4,536.

In addition, 453 students received State/local government grants/scholarships (64.11 % 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	650 (69%)	$4,237	33 (3%)	$336	589 (62%)	$873	186 (20%)	$632
2014-15	629 (69%)	$4,421	71 (8%)	$215	528 (58%)	$1,034	206 (22%)	$572
2015-16	580 (67%)	$4,443	49 (6%)	$237	542 (63%)	$888	192 (22%)	$762
2016-17	461 (67%)	$4,117	29 (4%)	$217	400 (58%)	$1,088	163 (24%)	$719
2017-18	523 (68%)	$4,808	144 (19%)	$210	499 (65%)	$1,101	286 (37%)	$558
2018-19	455 (67%)	$4,671	94 (14%)	$237	454 (67%)	$1,237	256 (38%)	$714
2019-20	486 (69%)	$4,930	499 (71%)	$402	488 (69%)	$1,177	257 (36%)	$594
2020-21	255 (58%)	$4,488	396 (90%)	$908	301 (68%)	$1,383	121 (28%)	$393
2021-22	250 (61%)	$4,708	342 (83%)	$853	276 (67%)	$1,559	40 (10%)	$628
Average	477 (66.11%)	$4,536	184 (33.11%)	$402	453 (64.11%)	$1,149	190 (26.33%)	$619

^*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, 153 (21.00 % of students) get any students loan help and its average loan amount is $153.

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	270 (29%)	$3,406	266 (28%)	$3,423	4 (0%)	$2,247
2014-15	217 (24%)	$3,500	215 (23%)	$3,371	6 (1%)	$5,787
2015-16	176 (20%)	$3,767	175 (20%)	$3,722	3 (0%)	$3,875
2016-17	146 (21%)	$3,370	140 (20%)	$3,261	6 (1%)	$5,895
2017-18	131 (17%)	$4,213	127 (17%)	$3,969	6 (1%)	$7,955
2018-19	137 (20%)	$3,783	135 (20%)	$3,721	3 (0%)	$5,295
2019-20	122 (17%)	$4,222	120 (17%)	$4,062	3 (0%)	$9,217
2020-21	96 (22%)	$4,059	96 (22%)	$3,945	2 (0%)	$5,450
2021-22	80 (19%)	$4,047	76 (18%)	$3,771	6 (1%)	$6,200
Average	153 (21.00%)	$3,819	150 (20.56%)	$3,694	4 (1.00%)	$5,769

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Scholarships, Grants, and Loan Trends at STCC

All Undergraduate Students Financial Aid Over Time

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