Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 966, which is 84.89 % of all undergraduate students. 922 students which is 80.11% of undergraduate students received federal student loans and the average loan amount is $8,056.

For full-time, first-time beginning students (freshmen), 92.89% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Central Penn College since 2013.

For that period, the average number of students who received grants aid/scholarships is 966, which is 84.89 % of all undergraduate students. 922 students which is 80.11% of undergraduate students received federal student loans and the average loan amount is $8,056.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,027 (80%)$5,546761 (60%)$3,4211,084 (85%)$9,185
2014-151,099 (81%)$5,647800 (59%)$3,4701,033 (77%)$7,787
2015-161,041 (78%)$4,285738 (55%)$2,7221,099 (82%)$6,665
2016-171,101 (83%)$5,312736 (55%)$3,3141,116 (84%)$8,115
2017-181,011 (85%)$5,159641 (54%)$3,516975 (82%)$8,529
2018-19827 (81%)$5,333533 (52%)$4,123801 (78%)$8,613
2019-20901 (88%)$5,069564 (55%)$3,504839 (82%)$8,079
2020-21883 (96%)$6,060481 (52%)$3,822717 (78%)$8,066
2021-22804 (92%)$6,378434 (50%)$3,796635 (73%)$7,468
Average966 (84.89%)$5,421632 (54.67%)$3,521922 (80.11%)$8,056
*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.

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

For the last 10 years, on average, 67 (92.89 % of students) received grants or scholarships and its average amount is $8,635. It can cover 44.50% of tuition & fees ($19,404).

In addition, 62 (84.22 % of students) students get helped from the students loans (average amount : $8,530).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1484 (88%)$7,11587 (92%)$7,589
2014-1595 (98%)$7,38383 (86%)$9,388
2015-1655 (87%)$6,47056 (89%)$8,360
2016-1784 (92%)$7,28981 (89%)$8,592
2017-1883 (92%)$8,71772 (80%)$7,435
2018-1950 (89%)$8,29948 (86%)$11,943
2019-2048 (94%)$10,60743 (84%)$8,000
2020-2166 (96%)$8,94758 (84%)$7,098
2021-2240 (100%)$12,89027 (68%)$8,363
Average67 (92.89%)$8,63562 (84.22%)$8,530
*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, 45 (61.56 % of students) received Pell (federal) grants and its average amount is $4,659.

In addition, 40 students received State/local government grants/scholarships (54.33 % 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
2013-1469 (73%)$3,63818 (19%)$1,18861 (64%)$3,55962 (65%)$1,745
2014-1563 (65%)$4,48316 (16%)$1,25066 (68%)$3,85490 (93%)$1,606
2015-1632 (51%)$4,3767 (11%)$1,32930 (48%)$3,88736 (57%)$2,498
2016-1756 (62%)$4,50425 (27%)$1,05046 (51%)$4,10066 (73%)$2,201
2017-1856 (62%)$5,29918 (20%)$1,31350 (56%)$4,08572 (80%)$2,762
2018-1933 (59%)$5,01625 (45%)$1,26021 (38%)$4,14537 (66%)$3,538
2019-2032 (63%)$5,37713 (25%)$1,05630 (59%)$3,00943 (84%)$5,420
2020-2142 (61%)$4,07930 (43%)$1,17539 (57%)$3,74857 (83%)$4,172
2021-2223 (58%)$5,1599 (23%)$84719 (48%)$4,37440 (100%)$7,656
Average45 (61.56%)$4,65918 (25.44%)$1,16340 (54.33%)$3,86256 (77.89%)$3,511
*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, 62 (84.22 % of students) get any students loan help and its average loan amount is $62.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1487 (92%)$7,58987 (92%)$6,6799 (9%)$8,798
2014-1583 (86%)$9,38882 (85%)$7,92311 (11%)$11,780
2015-1656 (89%)$8,36050 (79%)$8,2076 (10%)$9,637
2016-1781 (89%)$8,59274 (81%)$7,4798 (9%)$17,816
2017-1872 (80%)$7,43572 (80%)$5,67810 (11%)$12,647
2018-1948 (86%)$11,94348 (86%)$7,80911 (20%)$18,039
2019-2043 (84%)$8,00042 (82%)$5,43211 (22%)$10,531
2020-2158 (84%)$7,09858 (84%)$5,6488 (12%)$10,517
2021-2227 (68%)$8,36326 (65%)$5,1767 (18%)$13,034
Average62 (84.22%)$8,53060 (81.56%)$6,6709 (13.56%)$12,533

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