Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,258, which is 41.56 % of all undergraduate students. 126 students which is 1.56% of undergraduate students received federal student loans and the average loan amount is $5,980.

For full-time, first-time beginning students (freshmen), 72.33% of students received grants or scholarships and 3% 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 Monterey Peninsula College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,258, which is 41.56 % of all undergraduate students. 126 students which is 1.56% of undergraduate students received federal student loans and the average loan amount is $5,980.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,264 (34%)$2,5881,308 (14%)$3,494210 (2%)$5,741
2014-153,235 (42%)$2,7541,425 (18%)$3,463166 (2%)$5,321
2015-163,280 (39%)$2,8451,411 (17%)$3,531140 (2%)$5,548
2016-173,088 (40%)$3,1661,452 (19%)$3,579136 (2%)$5,230
2017-183,193 (41%)$3,4831,591 (20%)$3,714138 (2%)$5,849
2018-193,341 (42%)$3,4951,448 (18%)$3,861118 (1%)$6,237
2019-203,332 (42%)$3,2451,501 (19%)$3,748107 (1%)$6,121
2020-213,715 (52%)$3,0401,216 (17%)$3,79868 (1%)$6,811
2021-222,872 (42%)$3,8961,216 (18%)$3,56750 (1%)$6,959
Average3,258 (41.56%)$3,1681,396 (17.78%)$3,639126 (1.56%)$5,980
*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, 380 (72.33 % of students) received grants or scholarships and its average amount is $4,566. It can cover 46.01% of tuition & fees ($9,924) based on out-of-state rate.

In addition, 14 (2.78 % of students) students get helped from the students loans (average amount : $5,700).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14272 (66%)$4,01432 (8%)$4,962
2014-15356 (61%)$4,43017 (3%)$5,117
2015-16379 (66%)$4,78416 (3%)$4,942
2016-17408 (66%)$5,17114 (2%)$5,960
2017-18357 (66%)$4,91315 (3%)$5,569
2018-19378 (69%)$4,5689 (2%)$4,126
2019-20471 (80%)$4,53013 (2%)$5,117
2020-21477 (98%)$4,0893 (1%)$8,084
2021-22320 (79%)$4,5944 (1%)$7,424
Average380 (72.33%)$4,56614 (2.78%)$5,700
*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, 216 (40.78 % of students) received Pell (federal) grants and its average amount is $4,375.

In addition, 355 students received State/local government grants/scholarships (67.33 % 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
2013-14177 (43%)$4,09513 (3%)$456246 (60%)$1,4624 (1%)$316
2014-15235 (41%)$4,24233 (6%)$515335 (58%)$1,680--
2015-16244 (42%)$4,37127 (5%)$554365 (63%)$2,004--
2016-17273 (44%)$4,30281 (13%)$556395 (64%)$2,2472 (0%)$1,350
2017-18228 (42%)$4,49256 (10%)$411334 (62%)$2,0948 (1%)$883
2018-19207 (38%)$4,47242 (8%)$484373 (68%)$2,0861 (0%)$2,400
2019-20252 (43%)$4,49192 (16%)$486464 (79%)$1,94232 (5%)$1,754
2020-21183 (38%)$4,473471 (97%)$788376 (77%)$1,87738 (8%)$1,448
2021-22145 (36%)$4,436165 (41%)$1,799306 (75%)$1,53737 (9%)$1,615
Average216 (40.78%)$4,375109 (22.11%)$672355 (67.33%)$1,88117 (4.80%)$1,395
*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, 14 (2.78 % of students) get any students loan help and its average loan amount is $14.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1432 (8%)$4,96232 (8%)$4,962--
2014-1517 (3%)$5,11717 (3%)$5,117--
2015-1616 (3%)$4,94216 (3%)$4,942--
2016-1714 (2%)$5,96014 (2%)$5,960--
2017-1815 (3%)$5,56915 (3%)$5,569--
2018-199 (2%)$4,1269 (2%)$4,126--
2019-2013 (2%)$5,11713 (2%)$5,117--
2020-213 (1%)$8,0843 (1%)$8,084--
2021-224 (1%)$7,4244 (1%)$7,424--
Average14 (2.78%)$5,70014 (2.78%)$5,700--

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