Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 329, which is 85.89 % of all undergraduate students. 339 students which is 88.33% of undergraduate students received federal student loans and the average loan amount is $7,191.

For full-time, first-time beginning students (freshmen), 86.78% of students received grants or scholarships and 89% 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 IBMC College since 2013.

For that period, the average number of students who received grants aid/scholarships is 329, which is 85.89 % of all undergraduate students. 339 students which is 88.33% of undergraduate students received federal student loans and the average loan amount is $7,191.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14232 (90%)$7,350162 (63%)$3,400232 (90%)$7,065
2014-15313 (92%)$7,850289 (85%)$3,890313 (92%)$7,500
2015-16374 (84%)$4,105331 (74%)$4,060403 (90%)$8,002
2016-17391 (87%)$3,317272 (60%)$4,275374 (83%)$6,150
2017-18291 (81%)$4,353286 (80%)$3,950308 (86%)$7,150
2018-19344 (85%)$11,365344 (85%)$3,435364 (90%)$7,480
2019-20303 (85%)$3,165303 (85%)$3,002321 (90%)$7,150
2020-21346 (85%)$3,505331 (81%)$3,250367 (90%)$7,200
2021-22365 (84%)$9,452335 (77%)$3,200365 (84%)$7,020
Average329 (85.89%)$6,051295 (76.67%)$3,607339 (88.33%)$7,191
*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, 250 (86.78 % of students) received grants or scholarships and its average amount is $3,260. It can cover 21.28% of tuition & fees ($15,320).

In addition, 258 (89.11 % of students) students get helped from the students loans (average amount : $7,039).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14201 (87%)$3,369208 (90%)$7,065
2014-15266 (86%)$3,415281 (91%)$6,972
2015-16335 (90%)$3,540339 (91%)$6,950
2016-17332 (86%)$2,834348 (90%)$6,609
2017-18274 (85%)$3,399289 (90%)$7,148
2018-19305 (85%)$3,165316 (89%)$7,149
2019-20185 (86%)$3,333205 (96%)$7,151
2020-21186 (87%)$3,194203 (95%)$7,155
2021-22165 (89%)$3,092130 (70%)$7,154
Average250 (86.78%)$3,260258 (89.11%)$7,039
*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, 231 (80.22 % of students) received Pell (federal) grants and its average amount is $3,156.

In addition, 21 students received State/local government grants/scholarships (8.22 % 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
2013-14160 (69%)$3,25034 (15%)$20043 (19%)$1,00061 (26%)$1,761
2014-15260 (84%)$3,2503 (1%)$2006 (2%)$1,00038 (12%)$1,500
2015-16311 (83%)$3,23086 (23%)$20021 (6%)$1,00084 (22%)$1,705
2016-17269 (70%)$3,23035 (9%)$20012 (3%)$1,00031 (8%)$1,705
2017-18273 (85%)$2,949124 (39%)$18021 (7%)$925135 (42%)$625
2018-19305 (85%)$3,0025 (1%)$19131 (9%)$90534 (10%)$608
2019-20185 (86%)$3,1655 (2%)$19211 (5%)$90531 (14%)$650
2020-21180 (84%)$3,1656 (3%)$19221 (10%)$9056 (3%)$700
2021-22140 (76%)$3,1658 (4%)$18924 (13%)$90263 (34%)$698
Average231 (80.22%)$3,15634 (10.78%)$19421 (8.22%)$94954 (19.00%)$1,106
*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, 258 (89.11 % of students) get any students loan help and its average loan amount is $258.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14208 (90%)$7,065208 (90%)$7,065--
2014-15281 (91%)$6,972281 (91%)$6,972--
2015-16339 (91%)$6,950339 (91%)$6,950--
2016-17348 (90%)$6,609348 (90%)$6,609--
2017-18289 (90%)$7,148289 (90%)$7,148--
2018-19316 (89%)$7,149316 (89%)$7,149--
2019-20205 (96%)$7,151205 (96%)$7,151--
2020-21203 (95%)$7,155203 (95%)$7,155--
2021-22130 (70%)$7,154130 (70%)$7,154--
Average258 (89.11%)$7,039258 (89.11%)$7,039--

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