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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Maine Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 1,517, which is 66.10 % of all undergraduate students. 1,182 students which is 53.60% of undergraduate students received federal student loans and the average loan amount: $6,599.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-131,431 (67%)$14,255802 (32%)$3,9371,323 (58%)$6,598
2013-141,436 (67%)$15,219776 (33%)$4,0601,313 (58%)$6,744
2014-151,489 (68%)$14,923779 (34%)$4,0511,314 (59%)$6,701
2015-161,472 (66%)$15,853744 (31%)$4,1091,257 (56%)$6,849
2016-171,513 (65%)$16,293709 (30%)$4,1281,247 (55%)$6,743
2017-181,529 (64%)$17,047705 (30%)$4,2711,202 (53%)$6,544
2018-191,490 (66%)$17,474695 (30%)$4,3611,113 (53%)$6,631
2019-201,649 (68%)$18,314662 (28%)$4,4511,136 (50%)$6,362
2020-211,563 (64%)$17,782598 (28%)$4,523971 (48%)$6,397
2021-221,596 (66%)$19,647625 (27%)$4,481944 (46%)$6,416
Average1,517 (66.10%)$16,681710 (30.30%)$4,2371,182 (53.60%)$6,599

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 355 (80.90 % of students) received grants or scholarships and its average amount is $18,089. It can cover 78.83% of tuition & fees ($22,946) based on out-of-state rate. In addition, 263 (64.10 % of students) students get helped from the students loans (average amount : $7,976).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13314 (78%)$15,265267 (66%)$7,573
2013-14333 (83%)$16,322272 (69%)$7,435
2014-15327 (77%)$15,727267 (68%)$7,878
2015-16353 (81%)$17,463265 (65%)$8,303
2016-17367 (78%)$17,816275 (66%)$7,879
2017-18380 (83%)$18,395276 (65%)$8,026
2018-19386 (84%)$19,023285 (65%)$7,989
2019-20374 (82%)$20,196266 (62%)$8,427
2020-21348 (80%)$19,705221 (57%)$7,918
2021-22366 (83%)$20,981236 (58%)$8,328
Average355 (80.90%)$18,089263 (64.10%)$7,976
*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, 144 (36.60 % of students) received Pell (federal) grants and its average amount is $4,410. In addition, 102 students received State/local government grants/scholarships (26.10 % 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
2012-13148 (38%)$4,251110 (33%)$1,590118 (30%)$1,049293 (72%)$13,632
2013-14149 (39%)$4,250116 (30%)$1,146105 (28%)$876299 (71%)$14,133
2014-15149 (37%)$4,194117 (31%)$1,356113 (29%)$1,052320 (72%)$14,396
2015-16148 (36%)$4,287119 (30%)$1,186104 (25%)$1,535336 (76%)$15,071
2016-17140 (35%)$4,369111 (29%)$1,24092 (23%)$1,658375 (76%)$16,025
2017-18150 (39%)$4,477118 (31%)$1,12891 (25%)$1,795368 (75%)$16,028
2018-19154 (38%)$4,602118 (31%)$1,210101 (26%)$1,567373 (76%)$16,575
2019-20144 (35%)$4,544256 (49%)$1,208104 (25%)$1,569363 (77%)$17,536
2020-21125 (34%)$4,653217 (43%)$1,289100 (26%)$1,627374 (81%)$18,900
2021-22130 (35%)$4,472164 (39%)$1,80190 (24%)$2,283388 (81%)$20,180
Average144 (36.60%)$4,410145 (34.60%)$1,315102 (26.10%)$1,501349 (75.70%)$16,248
*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, 263 (64.10 % of students) get any students loan help and its average loan amount is $263.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13267 (66%)$7,573264 (65%)$5,67154 (12%)$12,235
2013-14272 (69%)$7,435269 (69%)$5,50758 (12%)$11,170
2014-15267 (68%)$7,878264 (67%)$5,70257 (13%)$13,158
2015-16265 (65%)$8,303262 (64%)$5,60761 (15%)$13,763
2016-17275 (66%)$7,879271 (65%)$5,38867 (15%)$11,853
2017-18276 (65%)$8,026273 (65%)$5,30074 (16%)$13,818
2018-19285 (65%)$7,989274 (63%)$5,09680 (16%)$13,305
2019-20266 (62%)$8,427261 (62%)$5,11371 (15%)$16,558
2020-21221 (57%)$7,918217 (56%)$5,06355 (13%)$14,645
2021-22236 (58%)$8,328231 (57%)$5,05453 (13%)$16,022
Average263 (64.10%)$7,976259 (63.30%)$5,35063 (14.00%)$13,653
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