Financial Aid at Olney Central

[Last update: December 11, 2025]

3,736 students (79% of total 4,755 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Illinois Eastern Community Colleges (Olney Central). The average amount of the aid awarded is $3,611.

For the first-time, full-time beginning students (freshmen), 96% of total 674 enrolled students have received any kind of financial aid and its average amount of aid received is $6,430.

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All Undergraduate Financial Aid

At Illinois Eastern Community Colleges, 3,736 undergraduate students (79% of total 4,755 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $3,611.

Financial Aid Statistics (All Undergraduate Students) - Olney Central
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,73679% $13,489,183$3,611
Pell Grants80717% $5,284,757$6,549
Federal Student Loan2044% $1,246,889$6,112

Beginning Undergraduate Students (Freshmen) Financial Aid

646 beginning undergraduate students (96% of total 674 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Illinois Eastern Community Colleges. The average amount of aid received is $6,430.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Olney Central
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid64696% --
Grants or Scholarships63194%$4,057,408$6,430
Federal Grants31146%$2,216,933$7,128
Pell Grants30345%$2,022,133$6,674
Other Federal Grants28943%$194,800$674
State/Local Grants21131%$301,405$1,428
Institutional Grants53179%$1,539,070$2,898
Student Loan Aid6810%$394,078$5,795
Federal Student Loans649%$315,685$4,933
Other Student Loans91%$78,393$8,710

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Illinois Eastern Community Colleges.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level107107$807,861$7,550
0-30,0005454$488,699$9,050
30,001-48,0002424$169,239$7,052
48,001-75,0002121$108,760$5,179
75,001-110,00033$20,267$6,756
110,001 or more55$20,896$4,179

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