Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,470, which is 52.00 % of all undergraduate students. 1,308 students which is 26.11% of undergraduate students received federal student loans and the average loan amount is $5,835.

For full-time, first-time beginning students (freshmen), 55.78% of students received grants or scholarships and 31% 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 Inver Hills Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,470, which is 52.00 % of all undergraduate students. 1,308 students which is 26.11% of undergraduate students received federal student loans and the average loan amount is $5,835.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,020 (51%)$3,0981,999 (34%)$3,0222,277 (38%)$5,892
2014-152,889 (48%)$3,2371,861 (31%)$3,1031,991 (33%)$5,865
2015-162,531 (46%)$3,3981,597 (29%)$3,1611,711 (31%)$5,836
2016-172,375 (47%)$3,4531,359 (27%)$3,1181,429 (28%)$5,626
2017-182,243 (50%)$3,4931,160 (26%)$3,2381,144 (26%)$5,872
2018-192,023 (47%)$3,6671,063 (25%)$3,3561,014 (24%)$5,602
2019-202,685 (64%)$3,0061,005 (24%)$3,347898 (21%)$5,732
2020-212,230 (55%)$4,183895 (22%)$3,512723 (18%)$5,997
2021-222,234 (60%)$4,070882 (24%)$3,228585 (16%)$6,096
Average2,470 (52.00%)$3,5121,313 (26.89%)$3,2321,308 (26.11%)$5,835
*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, 211 (55.78 % of students) received grants or scholarships and its average amount is $4,341. It can cover 72.26% of tuition & fees ($6,007) based on out-of-state rate.

In addition, 126 (31.33 % of students) students get helped from the students loans (average amount : $4,705).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14237 (51%)$4,074180 (38%)$4,981
2014-15225 (48%)$3,975182 (39%)$4,779
2015-16218 (50%)$4,381182 (42%)$4,987
2016-17213 (49%)$3,957159 (37%)$4,354
2017-18191 (47%)$4,578121 (30%)$4,725
2018-19192 (51%)$4,264105 (28%)$4,681
2019-20266 (83%)$3,29899 (31%)$4,542
2020-21180 (59%)$5,29859 (19%)$4,261
2021-22174 (64%)$5,24048 (18%)$5,032
Average211 (55.78%)$4,341126 (31.33%)$4,705
*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, 154 (40.00 % of students) received Pell (federal) grants and its average amount is $4,139.

In addition, 158 students received State/local government grants/scholarships (41.11 % 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
2013-14202 (43%)$4,04016 (3%)$991183 (39%)$6985 (1%)$1,169
2014-15175 (38%)$4,0497 (2%)$813187 (40%)$88911 (2%)$1,263
2015-16184 (42%)$4,15912 (3%)$873166 (38%)$91011 (3%)$2,565
2016-17173 (40%)$3,66710 (2%)$987175 (41%)$93013 (3%)$2,755
2017-18147 (36%)$4,27710 (2%)$1,100159 (39%)$1,01626 (6%)$2,807
2018-19145 (39%)$4,1115 (1%)$840165 (44%)$1,14218 (5%)$1,667
2019-20134 (42%)$4,277227 (71%)$380143 (45%)$1,24217 (5%)$2,367
2020-21119 (39%)$4,600132 (43%)$1,319129 (42%)$1,35843 (14%)$1,325
2021-22111 (41%)$4,073138 (51%)$1,769115 (42%)$1,35137 (14%)$1,626
Average154 (40.00%)$4,13962 (19.78%)$1,008158 (41.11%)$1,06020 (5.89%)$1,949
*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, 126 (31.33 % of students) get any students loan help and its average loan amount is $126.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14180 (38%)$4,981179 (38%)$4,9392 (0%)$6,250
2014-15182 (39%)$4,779181 (39%)$4,6794 (1%)$5,750
2015-16182 (42%)$4,987182 (42%)$4,9461 (0%)$7,500
2016-17159 (37%)$4,354159 (37%)$4,354--
2017-18121 (30%)$4,725120 (30%)$4,7181 (0%)$5,571
2018-19105 (28%)$4,681105 (28%)$4,681--
2019-2099 (31%)$4,54298 (31%)$4,5571 (0%)$3,000
2020-2159 (19%)$4,26157 (19%)$4,1023 (1%)$5,858
2021-2248 (18%)$5,03246 (17%)$4,9363 (1%)$4,823
Average126 (31.33%)$4,705125 (31.22%)$4,6572 (1.00%)$5,536

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