690 students (56% of total 1,225 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Spoon River College (SRC). The average amount of the aid awarded is $5,462.
For the first-time, full-time beginning students (freshmen), 89% of total 90 enrolled students have received any kind of financial aid and its average amount of aid received is $7,850.
At Spoon River College, 690 undergraduate students (56% of total 1,225 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $5,462.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 690 | 56% | $3,768,836 | $5,462 |
| Pell Grants | 334 | 27% | $1,743,528 | $5,220 |
| Federal Student Loan | 88 | 7% | $418,931 | $4,761 |
80 beginning undergraduate students (89% of total 90 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Spoon River College. The average amount of aid received is $7,850.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 80 | 89% | - | - |
| Grants or Scholarships | 76 | 84% | $596,615 | $7,850 |
| Federal Grants | 52 | 58% | $329,344 | $6,334 |
| Pell Grants | 51 | 57% | $311,249 | $6,103 |
| Other Federal Grants | 24 | 27% | $18,095 | $754 |
| State/Local Grants | 49 | 54% | $175,492 | $3,581 |
| Institutional Grants | 39 | 43% | $91,779 | $2,353 |
| Student Loan Aid | 14 | 16% | $76,287 | $5,449 |
| Federal Student Loans | 13 | 14% | $60,187 | $4,630 |
| Other Student Loans | 1 | 1% | $16,100 | $16,100 |
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 Spoon River College.
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 52 | 49 | $274,914 | $5,287 |
| 0-30,000 | 25 | 25 | $166,069 | $6,643 |
| 30,001-48,000 | 11 | 11 | $69,882 | $6,353 |
| 48,001-75,000 | 13 | 13 | $38,963 | $2,997 |
| 75,001-110,000 | 2 | - | - | - |
| 110,001 or more | 1 | - | - | - |
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