Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,843, which is 53.22 % of all undergraduate students. 1,773 students which is 15.33% of undergraduate students received federal student loans and the average loan amount is $4,639.

For full-time, first-time beginning students (freshmen), 77.56% of students received grants or scholarships and 12% 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 Phoenix College since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,843, which is 53.22 % of all undergraduate students. 1,773 students which is 15.33% of undergraduate students received federal student loans and the average loan amount is $4,639.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,753 (53%)$3,3435,880 (46%)$3,3613,323 (26%)$6,203
2014-156,320 (52%)$3,4025,405 (45%)$3,4992,749 (23%)$6,269
2015-165,735 (48%)$3,4354,809 (41%)$3,5092,352 (20%)$6,119
2016-175,533 (48%)$3,2634,445 (39%)$3,4661,921 (17%)$3,994
2017-185,421 (47%)$3,4834,352 (38%)$3,6771,521 (13%)$3,828
2018-195,037 (46%)$3,4403,725 (34%)$3,7381,246 (11%)$3,904
2019-204,541 (41%)$4,2914,039 (36%)$3,7841,159 (10%)$3,848
2020-215,041 (53%)$3,6353,261 (34%)$3,764941 (10%)$3,812
2021-228,206 (91%)$2,5412,722 (30%)$3,698746 (8%)$3,771
Average5,843 (53.22%)$3,4264,293 (38.11%)$3,6111,773 (15.33%)$4,639
*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, 485 (77.56 % of students) received grants or scholarships and its average amount is $4,918. It can cover 54.90% of tuition & fees ($8,958) based on out-of-state rate.

In addition, 79 (11.56 % of students) students get helped from the students loans (average amount : $3,983).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14560 (76%)$4,482184 (25%)$4,833
2014-15550 (74%)$4,650136 (18%)$5,102
2015-16464 (65%)$4,691104 (15%)$4,651
2016-17544 (69%)$4,596106 (13%)$3,200
2017-18489 (76%)$4,61045 (7%)$3,082
2018-19496 (77%)$4,91145 (7%)$3,079
2019-20521 (79%)$5,47946 (7%)$3,564
2020-21341 (83%)$5,84225 (6%)$3,835
2021-22402 (99%)$5,00123 (6%)$4,505
Average485 (77.56%)$4,91879 (11.56%)$3,983
*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, 433 (67.44 % of students) received Pell (federal) grants and its average amount is $4,766.

In addition, 10 students received State/local government grants/scholarships (2.14 % 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
2013-14540 (74%)$4,35516 (2%)$1,0002 (0%)$75094 (13%)$1,501
2014-15519 (70%)$4,4922 (0%)$1,00010 (1%)$500171 (23%)$1,281
2015-16442 (62%)$4,51415 (2%)$7062 (0%)$750116 (16%)$1,459
2016-17510 (65%)$4,51637 (5%)$7848 (1%)$500158 (20%)$1,037
2017-18451 (70%)$4,65614 (2%)$7509 (1%)$500112 (17%)$1,244
2018-19449 (69%)$4,88767 (10%)$7166 (1%)$583172 (27%)$1,104
2019-20469 (71%)$4,918386 (59%)$86118 (3%)$556175 (27%)$1,176
2020-21277 (67%)$5,304206 (50%)$1,24313 (3%)$615173 (42%)$1,497
2021-22237 (59%)$5,250398 (98%)$1,40921 (5%)$500126 (31%)$1,548
Average433 (67.44%)$4,766127 (28.50%)$94110 (2.14%)$584144 (24.00%)$1,316
*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, 79 (11.56 % of students) get any students loan help and its average loan amount is $79.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14184 (25%)$4,833184 (25%)$4,833--
2014-15136 (18%)$5,102136 (18%)$5,102--
2015-16104 (15%)$4,651103 (14%)$4,5403 (0%)$5,368
2016-17106 (13%)$3,200105 (13%)$3,1781 (0%)$5,500
2017-1845 (7%)$3,08245 (7%)$3,082--
2018-1945 (7%)$3,07945 (7%)$3,079--
2019-2046 (7%)$3,56446 (7%)$3,564--
2020-2125 (6%)$3,83525 (6%)$3,7501 (0%)$2,129
2021-2223 (6%)$4,50522 (5%)$4,5961 (0%)$2,500
Average79 (11.56%)$3,98379 (11.33%)$3,9692 (0.00%)$3,874

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