Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 952, which is 63.00 % of all undergraduate students. 902 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $7,495.

For full-time, first-time beginning students (freshmen), 69.56% of students received grants or scholarships and 68% 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 Summit College since 2013.

For that period, the average number of students who received grants aid/scholarships is 952, which is 63.00 % of all undergraduate students. 902 students which is 59.89% of undergraduate students received federal student loans and the average loan amount is $7,495.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,040 (92%)$4,4251,040 (92%)$4,4251,132 (100%)$10,268
2014-15866 (59%)$3,904866 (59%)$3,904866 (59%)$6,851
2015-16893 (57%)$4,262893 (57%)$4,262893 (57%)$7,529
2016-17736 (42%)$4,529736 (42%)$4,529733 (42%)$7,350
2017-18736 (54%)$4,529736 (54%)$4,529733 (53%)$7,350
2018-19951 (81%)$3,133774 (66%)$3,657752 (64%)$5,408
2019-201,081 (59%)$3,9331,067 (59%)$3,763852 (47%)$8,400
2020-211,106 (60%)$3,9071,101 (60%)$3,8591,052 (57%)$7,152
2021-221,158 (63%)$3,9751,133 (62%)$3,9741,104 (60%)$7,151
Average952 (63.00%)$4,066927 (61.22%)$4,100902 (59.89%)$7,495
*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, 824 (69.56 % of students) received grants or scholarships and its average amount is $4,034. It can cover 23.06% of tuition & fees ($17,495).

In addition, 803 (68.22 % of students) students get helped from the students loans (average amount : $7,284).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,040 (92%)$4,4251,132 (100%)$10,268
2014-15866 (66%)$3,904866 (66%)$6,851
2015-16893 (86%)$4,262893 (86%)$7,529
2016-17736 (44%)$4,529733 (44%)$7,350
2017-18736 (56%)$4,529733 (56%)$7,350
2018-19505 (78%)$3,022531 (82%)$4,078
2019-20953 (80%)$3,867749 (63%)$8,328
2020-21804 (60%)$3,676762 (57%)$6,753
2021-22887 (64%)$4,096831 (60%)$7,053
Average824 (69.56%)$4,034803 (68.22%)$7,284
*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, 817 (68.56 % of students) received Pell (federal) grants and its average amount is $4,035.

In addition, 9 students received State/local government grants/scholarships (1.00 % 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
2013-141,040 (92%)$4,425------
2014-15866 (66%)$3,904------
2015-16893 (86%)$4,262------
2016-17736 (44%)$4,529------
2017-18736 (56%)$4,529------
2018-19445 (69%)$3,30353 (8%)$3969 (1%)$3,919--
2019-20946 (80%)$3,734343 (29%)$2549 (1%)$6,0932 (0%)$5,788
2020-21804 (60%)$3,618372 (28%)$127----
2021-22887 (64%)$4,007504 (36%)$157----
Average817 (68.56%)$4,035318 (25.25%)$2349 (1.00%)$5,0062 (0.00%)$5,788
*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, 803 (68.22 % of students) get any students loan help and its average loan amount is $803.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,132 (100%)$10,2681,132 (100%)$10,268--
2014-15866 (66%)$6,851866 (66%)$6,851--
2015-16893 (86%)$7,529893 (86%)$7,529--
2016-17733 (44%)$7,350733 (44%)$7,350--
2017-18733 (56%)$7,350733 (56%)$7,350--
2018-19531 (82%)$4,078531 (82%)$4,078--
2019-20749 (63%)$8,328745 (63%)$8,3474 (0%)$4,748
2020-21762 (57%)$6,753762 (57%)$6,753--
2021-22831 (60%)$7,053831 (60%)$7,053--
Average803 (68.22%)$7,284803 (68.22%)$7,2874 (0.00%)$4,748

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