Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,965, which is 27.56 % of all undergraduate students. 1,988 students which is 10.22% of undergraduate students received federal student loans and the average loan amount is $3,950.

For full-time, first-time beginning students (freshmen), 79.11% of students received grants or scholarships and 46% 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 Rio Salado College since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,965, which is 27.56 % of all undergraduate students. 1,988 students which is 10.22% of undergraduate students received federal student loans and the average loan amount is $3,950.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,434 (25%)$2,5314,267 (20%)$2,9563,820 (18%)$4,495
2014-154,988 (25%)$2,4203,648 (18%)$2,9453,015 (15%)$4,086
2015-164,338 (21%)$2,3813,056 (15%)$2,9532,539 (12%)$3,834
2016-173,864 (21%)$2,3582,665 (14%)$2,9232,131 (11%)$3,749
2017-183,359 (19%)$2,4792,428 (14%)$2,9661,828 (10%)$3,567
2018-193,307 (18%)$2,4012,102 (11%)$3,1141,501 (8%)$3,789
2019-202,048 (11%)$3,3461,957 (10%)$3,1551,311 (7%)$3,860
2020-213,178 (18%)$2,8631,625 (9%)$3,4281,039 (6%)$4,203
2021-2214,172 (90%)$8491,204 (8%)$3,317712 (5%)$3,970
Average4,965 (27.56%)$2,4032,550 (13.22%)$3,0841,988 (10.22%)$3,950
*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, 83 (79.11 % of students) received grants or scholarships and its average amount is $4,051. It can cover 45.22% of tuition & fees ($8,958) based on out-of-state rate.

In addition, 50 (45.56 % of students) students get helped from the students loans (average amount : $3,528).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14144 (84%)$3,670121 (70%)$3,586
2014-1585 (75%)$4,14464 (57%)$3,365
2015-1662 (74%)$3,86747 (56%)$3,169
2016-1786 (79%)$3,83461 (56%)$2,940
2017-1862 (81%)$4,09636 (47%)$2,965
2018-1964 (68%)$4,59236 (38%)$3,567
2019-2074 (84%)$4,54741 (47%)$3,975
2020-2177 (71%)$5,37928 (26%)$4,710
2021-2289 (96%)$2,32712 (13%)$3,474
Average83 (79.11%)$4,05150 (45.56%)$3,528
*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, 74 (69.67 % of students) received Pell (federal) grants and its average amount is $4,190.

In addition, 4 students received State/local government grants/scholarships (3.57 % 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
2013-14142 (83%)$3,6181 (1%)$5008 (5%)$5637 (4%)$1,379
2014-1585 (75%)$4,097--6 (5%)$5002 (2%)$500
2015-1662 (74%)$3,7983 (4%)$1,000--1 (1%)$1,275
2016-1785 (78%)$3,6955 (5%)$800--13 (12%)$902
2017-1861 (79%)$3,9863 (4%)$5001 (1%)$1,00011 (14%)$755
2018-1962 (66%)$4,4627 (7%)$5714 (4%)$1,00012 (13%)$770
2019-2073 (83%)$4,17121 (24%)$8102 (2%)$75012 (14%)$1,125
2020-2162 (57%)$5,00354 (50%)$1,3343 (3%)$83327 (25%)$1,091
2021-2230 (32%)$4,87888 (95%)$5545 (5%)$8005 (5%)$1,602
Average74 (69.67%)$4,19023 (23.75%)$7594 (3.57%)$77810 (10.00%)$1,044
*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, 50 (45.56 % of students) get any students loan help and its average loan amount is $50.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14121 (70%)$3,586121 (70%)$3,586--
2014-1564 (57%)$3,36564 (57%)$3,365--
2015-1647 (56%)$3,16947 (56%)$3,169--
2016-1761 (56%)$2,94061 (56%)$2,940--
2017-1836 (47%)$2,96536 (47%)$2,965--
2018-1936 (38%)$3,56736 (38%)$3,567--
2019-2041 (47%)$3,97541 (47%)$3,975--
2020-2128 (26%)$4,71028 (26%)$4,710--
2021-2212 (13%)$3,47412 (13%)$3,474--
Average50 (45.56%)$3,52850 (45.56%)$3,528--

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