Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 921, which is 42.44 % of all undergraduate students. 635 students which is 28.67% of undergraduate students received federal student loans and the average loan amount is $5,574.

For full-time, first-time beginning students (freshmen), 79.78% of students received grants or scholarships and 50% 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 Iowa Lakes Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 921, which is 42.44 % of all undergraduate students. 635 students which is 28.67% of undergraduate students received federal student loans and the average loan amount is $5,574.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,169 (44%)$4,551829 (31%)$3,8671,023 (39%)$5,842
2014-151,037 (43%)$4,827703 (29%)$4,144846 (35%)$5,524
2015-16948 (40%)$5,022616 (26%)$4,037700 (30%)$5,661
2016-17870 (40%)$4,825565 (26%)$3,958655 (30%)$5,652
2017-18833 (40%)$4,990532 (26%)$4,352616 (30%)$5,702
2018-19816 (38%)$5,249508 (24%)$4,435582 (27%)$5,509
2019-20885 (43%)$5,714489 (24%)$4,434533 (26%)$5,449
2020-21797 (43%)$5,834415 (23%)$4,419393 (21%)$5,429
2021-22936 (51%)$6,170398 (22%)$4,684371 (20%)$5,397
Average921 (42.44%)$5,242562 (25.67%)$4,259635 (28.67%)$5,574
*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, 269 (79.78 % of students) received grants or scholarships and its average amount is $5,444. It can cover 71.22% of tuition & fees ($7,644) based on out-of-state rate.

In addition, 170 (49.56 % of students) students get helped from the students loans (average amount : $5,411).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14287 (71%)$4,727211 (52%)$5,025
2014-15293 (77%)$5,260215 (56%)$4,969
2015-16279 (78%)$5,091186 (52%)$5,256
2016-17241 (76%)$5,021164 (52%)$5,491
2017-18243 (72%)$4,964178 (53%)$5,431
2018-19282 (77%)$5,470213 (58%)$5,676
2019-20250 (89%)$6,012120 (43%)$5,751
2020-21299 (85%)$5,699141 (40%)$5,282
2021-22244 (93%)$6,751104 (40%)$5,816
Average269 (79.78%)$5,444170 (49.56%)$5,411
*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, 148 (43.44 % of students) received Pell (federal) grants and its average amount is $4,445.

In addition, 54 students received State/local government grants/scholarships (16.22 % 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
2013-14174 (43%)$3,85535 (9%)$86936 (9%)$1,549192 (47%)$3,123
2014-15178 (46%)$4,20948 (13%)$1,34166 (17%)$2,452200 (52%)$2,829
2015-16160 (44%)$4,12138 (11%)$1,05743 (12%)$1,783201 (56%)$3,205
2016-17137 (43%)$3,95128 (9%)$1,15848 (15%)$2,063175 (55%)$3,071
2017-18143 (42%)$4,86628 (8%)$89534 (10%)$1,891159 (47%)$2,649
2018-19167 (46%)$4,82239 (11%)$75242 (12%)$2,685213 (58%)$2,795
2019-20126 (45%)$4,604200 (71%)$95073 (26%)$4,211168 (60%)$2,532
2020-21131 (37%)$4,732234 (66%)$75692 (26%)$4,435190 (54%)$2,627
2021-22118 (45%)$4,846233 (89%)$1,82351 (19%)$5,252158 (60%)$2,423
Average148 (43.44%)$4,44598 (31.89%)$1,06754 (16.22%)$2,925184 (54.33%)$2,806
*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, 170 (49.56 % of students) get any students loan help and its average loan amount is $170.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14211 (52%)$5,025209 (52%)$4,73611 (3%)$6,412
2014-15215 (56%)$4,969215 (56%)$4,51512 (3%)$8,141
2015-16186 (52%)$5,256184 (51%)$4,60112 (3%)$10,919
2016-17164 (52%)$5,491162 (51%)$4,76816 (5%)$8,015
2017-18178 (53%)$5,431178 (53%)$4,74212 (4%)$10,225
2018-19213 (58%)$5,676207 (57%)$4,80728 (8%)$7,643
2019-20120 (43%)$5,751118 (42%)$4,71913 (5%)$10,254
2020-21141 (40%)$5,282138 (39%)$4,7479 (3%)$9,963
2021-22104 (40%)$5,816104 (40%)$4,6389 (3%)$13,613
Average170 (49.56%)$5,411168 (49.00%)$4,69714 (4.11%)$9,465

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