Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,459, which is 56.11 % of all undergraduate students. 946 students which is 35.67% of undergraduate students received federal student loans and the average loan amount is $6,352.

For full-time, first-time beginning students (freshmen), 59.22% of students received grants or scholarships and 42% 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 Dakota County Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,459, which is 56.11 % of all undergraduate students. 946 students which is 35.67% of undergraduate students received federal student loans and the average loan amount is $6,352.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,644 (53%)$3,5171,143 (37%)$3,2381,437 (46%)$6,639
2014-151,541 (53%)$3,4971,010 (35%)$3,3371,224 (42%)$7,066
2015-161,367 (49%)$3,550879 (32%)$3,3461,109 (40%)$7,004
2016-171,210 (47%)$3,931746 (29%)$3,545931 (36%)$6,864
2017-181,229 (50%)$4,028770 (31%)$3,643880 (36%)$6,019
2018-191,258 (50%)$3,992756 (30%)$3,626795 (32%)$5,726
2019-201,825 (75%)$3,071743 (31%)$3,616789 (32%)$5,772
2020-211,384 (60%)$4,291676 (29%)$3,602742 (32%)$5,951
2021-221,671 (68%)$4,141720 (29%)$3,548611 (25%)$6,123
Average1,459 (56.11%)$3,780827 (31.44%)$3,500946 (35.67%)$6,352
*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, 214 (59.22 % of students) received grants or scholarships and its average amount is $4,227. It can cover 65.85% of tuition & fees ($6,419) based on out-of-state rate.

In addition, 149 (41.78 % of students) students get helped from the students loans (average amount : $5,974).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14175 (54%)$3,959184 (57%)$5,652
2014-15191 (55%)$4,093185 (53%)$6,450
2015-16182 (53%)$4,083155 (45%)$6,365
2016-17180 (54%)$4,484150 (45%)$6,907
2017-18200 (52%)$4,517140 (36%)$5,522
2018-19199 (53%)$4,619155 (41%)$5,320
2019-20356 (89%)$3,000155 (39%)$5,842
2020-21216 (61%)$4,483119 (33%)$5,890
2021-22224 (62%)$4,80298 (27%)$5,818
Average214 (59.22%)$4,227149 (41.78%)$5,974
*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, 124 (34.67 % of students) received Pell (federal) grants and its average amount is $4,034.

In addition, 144 students received State/local government grants/scholarships (40.00 % 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
2013-14126 (39%)$3,6316 (2%)$967135 (42%)$1,39731 (10%)$1,318
2014-15131 (38%)$4,0086 (2%)$1,242133 (38%)$1,38768 (19%)$951
2015-16126 (37%)$3,8106 (2%)$1,333128 (37%)$1,58863 (18%)$821
2016-17108 (33%)$4,0393 (1%)$1,333132 (40%)$2,16263 (19%)$1,293
2017-18145 (37%)$4,1584 (1%)$2,273151 (39%)$1,58559 (15%)$880
2018-19123 (33%)$4,3196 (2%)$1,678160 (43%)$1,97058 (15%)$1,079
2019-20145 (36%)$3,912304 (76%)$358177 (44%)$1,79176 (19%)$985
2020-21104 (29%)$4,134146 (41%)$1,515132 (37%)$1,82474 (21%)$1,033
2021-22108 (30%)$4,294155 (43%)$1,391144 (40%)$2,24084 (23%)$876
Average124 (34.67%)$4,03471 (18.89%)$1,343144 (40.00%)$1,77264 (17.67%)$1,026
*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, 149 (41.78 % of students) get any students loan help and its average loan amount is $149.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14184 (57%)$5,652180 (55%)$5,37711 (3%)$6,556
2014-15185 (53%)$6,450185 (53%)$5,95315 (4%)$6,129
2015-16155 (45%)$6,365152 (44%)$6,02613 (4%)$5,433
2016-17150 (45%)$6,907148 (45%)$6,57910 (3%)$6,230
2017-18140 (36%)$5,522137 (35%)$5,12913 (3%)$5,413
2018-19155 (41%)$5,320151 (40%)$4,82115 (4%)$6,444
2019-20155 (39%)$5,842151 (38%)$4,98518 (5%)$8,485
2020-21119 (33%)$5,890114 (32%)$5,24816 (4%)$6,415
2021-2298 (27%)$5,81897 (27%)$5,4876 (2%)$6,318
Average149 (41.78%)$5,974146 (41.00%)$5,51213 (3.56%)$6,380

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