Grants, Scholarships, and Student Loan Stats Trends for North Carolina Colleges

For the academic year 2021-2022, 80% of students received grants and/or scholarships and its average aid amount is $15,605. Compared to the percent of received 10 years ago, more students received the financial aid from 77% to 80%. The average financial aid amount has increased from $10,720 to $15,729 at North Carolina 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 North Carolina Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 170,478, which is 78.20 % of all undergraduate students. 139,136 students which is 64.40% of undergraduate students received federal student loans and the average loan amount: $7,170.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13167,549 (77%)$10,72098,790 (50%)$3,812149,106 (69%)$7,482
2013-14165,476 (77%)$11,32499,058 (50%)$3,873147,498 (68%)$7,452
2014-15165,722 (77%)$11,66099,629 (51%)$4,027147,783 (68%)$7,496
2015-16166,426 (77%)$11,79098,399 (49%)$4,131145,834 (66%)$7,138
2016-17169,132 (79%)$11,97399,007 (49%)$4,093146,814 (67%)$7,385
2017-18169,176 (79%)$12,919100,524 (48%)$4,354143,616 (65%)$7,137
2018-19170,422 (77%)$13,534100,194 (47%)$4,414140,004 (63%)$6,842
2019-20176,323 (80%)$14,14799,227 (46%)$4,649134,854 (62%)$6,988
2020-21176,868 (79%)$14,93695,009 (45%)$4,696123,216 (59%)$6,981
2021-22177,681 (80%)$15,72988,757 (43%)$4,810112,634 (57%)$6,801
Average170,478 (78.20%)$12,87397,859 (47.80%)$4,286139,136 (64.40%)$7,170

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

For the last 10 years, on average, 34,622 (84.50 % of students) received grants or scholarships and its average amount is $14,352. It can cover 70.22% of tuition & fees ($20,438) based on out-of-state rate. In addition, 28,831 (67.50 % of students) students get helped from the students loans (average amount : $7,116).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-1332,409 (82%)$11,26629,116 (70%)$6,859
2013-1432,086 (83%)$11,85428,705 (70%)$7,092
2014-1532,564 (85%)$12,37629,371 (71%)$7,298
2015-1632,704 (83%)$13,19629,165 (68%)$7,108
2016-1734,372 (82%)$13,55130,353 (70%)$7,179
2017-1835,463 (85%)$14,68430,803 (69%)$6,898
2018-1936,194 (85%)$15,86630,150 (66%)$6,900
2019-2036,902 (86%)$16,37929,364 (66%)$7,370
2020-2136,744 (86%)$17,21526,327 (63%)$7,294
2021-2236,784 (88%)$17,13224,960 (62%)$7,161
Average34,622 (84.50%)$14,35228,831 (67.50%)$7,116
*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, 19,111 (51.70 % of students) received Pell (federal) grants and its average amount is $4,559. In addition, 16,997 students received State/local government grants/scholarships (41.50 % 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
2012-1318,259 (53%)$4,0484,351 (18%)$1,70318,185 (42%)$4,00227,266 (63%)$8,260
2013-1418,210 (54%)$4,2404,376 (16%)$1,55216,765 (43%)$4,02927,985 (71%)$9,241
2014-1518,466 (56%)$4,2544,338 (16%)$1,79916,561 (44%)$3,99529,093 (73%)$9,629
2015-1618,645 (52%)$4,4153,983 (16%)$1,66317,049 (43%)$4,05129,034 (70%)$9,440
2016-1719,281 (50%)$4,4384,414 (17%)$1,37917,148 (43%)$3,91130,970 (75%)$10,311
2017-1820,243 (52%)$4,5904,767 (16%)$1,46017,830 (42%)$4,24031,476 (74%)$11,195
2018-1920,223 (51%)$4,7244,802 (16%)$1,59717,644 (42%)$4,28731,479 (74%)$12,361
2019-2020,451 (49%)$4,82811,618 (33%)$1,56017,034 (40%)$4,62430,605 (75%)$12,154
2020-2119,333 (49%)$4,96814,144 (32%)$1,75416,277 (39%)$4,98530,121 (75%)$13,124
2021-2217,994 (51%)$5,08415,119 (35%)$1,95215,478 (37%)$5,09730,661 (78%)$13,168
Average19,111 (51.70%)$4,5597,191 (21.50%)$1,64216,997 (41.50%)$4,32229,869 (72.80%)$10,888
*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, 28,831 (67.50 % of students) get any students loan help and its average loan amount is $28,831.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-1329,116 (70%)$6,85928,780 (70%)$6,3572,114 (5%)$9,530
2013-1428,705 (70%)$7,09228,417 (70%)$6,3192,076 (6%)$11,175
2014-1529,371 (71%)$7,29829,120 (71%)$6,5482,319 (6%)$11,702
2015-1629,165 (68%)$7,10828,821 (69%)$6,2002,359 (6%)$11,141
2016-1730,353 (70%)$7,17929,780 (70%)$6,0943,227 (8%)$11,857
2017-1830,803 (69%)$6,89830,354 (69%)$5,9343,284 (6%)$11,670
2018-1930,150 (66%)$6,90029,656 (66%)$5,7053,712 (7%)$12,073
2019-2029,364 (66%)$7,37028,795 (66%)$5,7723,864 (8%)$13,050
2020-2126,327 (63%)$7,29425,613 (63%)$5,7813,266 (8%)$14,386
2021-2224,960 (62%)$7,16124,401 (62%)$5,4093,436 (8%)$14,128
Average28,831 (67.50%)$7,11628,374 (67.60%)$6,0122,966 (6.80%)$12,071
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