Grants, Scholarships, and Student Loan Stats Trends for Federated States of Micronesia Colleges

For the academic year 2021-2022, 93% of students received grants and/or scholarships and its average aid amount is $3,366. Compared to the percent of received 10 years ago, less students received the financial aid from 95% to 93%. The average financial aid amount has increased from $2,275 to $3,366 at Federated States of Micronesia Colleges.
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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 Federated States of Micronesia Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 1,977, which is 91.50 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-132,614 (95%)$2,2752,455 (89%)$2,390--
2013-142,281 (93%)$2,4222,147 (88%)$2,486--
2014-152,192 (94%)$4,5952,151 (92%)$4,431--
2015-162,195 (99%)$4,7402,151 (97%)$4,588--
2016-171,867 (89%)$2,6181,867 (89%)$2,578--
2017-181,805 (89%)$3,1901,794 (89%)$2,641--
2018-191,699 (88%)$2,7601,680 (87%)$2,714--
2019-201,661 (87%)$2,9861,617 (85%)$2,783--
2020-211,643 (88%)$3,8131,624 (87%)$2,655--
2021-221,815 (93%)$3,3661,594 (82%)$2,825--
Average1,977 (91.50%)$3,2771,908 (88.50%)$3,009--

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

For the last 10 years, on average, 500 (97.10 % of students) received grants or scholarships and its average amount is $5,459. It can cover 108.10% of tuition & fees ($5,050) based on out-of-state rate.
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13502 (97%)$2,636--
2013-14342 (100%)$3,096--
2014-15418 (100%)$5,381--
2015-16478 (96%)$5,656--
2016-17573 (96%)$5,383--
2017-18547 (96%)$5,703--
2018-19576 (95%)$5,958--
2019-20544 (95%)$6,230--
2020-21482 (96%)$7,591--
2021-22539 (100%)$6,955--
Average500 (97.10%)$5,459--
*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, 494 (95.70 % of students) received Pell (federal) grants and its average amount is $5,179. In addition, 73 students received State/local government grants/scholarships (15.00 % 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
2012-13483 (93%)$2,67317 (3%)$42150 (10%)$498--
2013-14333 (97%)$2,7779 (3%)$400155 (45%)$841--
2014-15413 (99%)$5,266--19 (5%)$96980 (19%)$700
2015-16476 (96%)$5,604--136 (27%)$266--
2016-17573 (96%)$5,252--222 (37%)$339--
2017-18545 (95%)$5,651--64 (11%)$627--
2018-19572 (94%)$5,990--6 (1%)$900--
2019-20543 (95%)$6,195--34 (6%)$747--
2020-21482 (96%)$5,947482 (96%)$1,6335 (1%)$1,023--
2021-22520 (96%)$6,438296 (55%)$1,12740 (7%)$1,684--
Average494 (95.70%)$5,179201 (39.25%)$89573 (15.00%)$78980 (19.00%)$700
*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..
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