Scholarships, Grants, and Loan Trends at Morris County Vocational School District

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 37, which is 53.45 % of all undergraduate students. 33 students which is 49.55% of undergraduate students received federal student loans and the average loan amount is $7,085.
For full-time, first-time beginning students (freshmen), 54.18% of students received grants or scholarships and 51% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Morris County Vocational School District since 2011.
For that period, the average number of students who received grants aid/scholarships is 37, which is 53.45 % of all undergraduate students. 33 students which is 49.55% of undergraduate students received federal student loans and the average loan amount is $7,085.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1223 (38%)$3,11315 (25%)$4,77315 (25%)$6,542
2012-1340 (48%)$7,82532 (38%)$5,08729 (35%)$5,180
2013-1459 (73%)$7,32737 (46%)$4,05145 (56%)$6,276
2014-1554 (71%)$6,89538 (50%)$4,48736 (47%)$5,606
2015-1662 (85%)$7,40037 (51%)$5,03625 (34%)$10,899
2016-1711 (19%)$4,47911 (19%)$4,47924 (41%)$7,389
2017-1850 (82%)$3,61330 (49%)$4,05048 (79%)$6,812
2018-1921 (31%)$5,40621 (31%)$5,40629 (43%)$6,806
2019-2018 (30%)$5,61718 (30%)$5,61722 (37%)$8,093
2020-2135 (57%)$5,67434 (56%)$5,72350 (82%)$7,442
2021-2237 (54%)$5,20436 (53%)$5,21945 (66%)$6,894
Average37 (53.45%)$5,68728 (40.73%)$4,90333 (49.55%)$7,085

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

For the last 12 years, on average, 12 (54.18 % of students) received grants or scholarships and its average amount is $4,413. It can cover 36.15% of tuition & fees ($12,209) based on out-of-state rate.
In addition, 11 (50.73 % of students) students get helped from the students loans (average amount : $6,628).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1210 (50%)$4,52011 (55%)$7,648
2012-1318 (82%)$3,64218 (82%)$5,533
2013-1417 (71%)$4,05215 (63%)$5,306
2014-159 (31%)$4,9985 (17%)$4,602
2015-1612 (55%)$5,32613 (59%)$3,247
2016-177 (30%)$4,38610 (43%)$6,628
2017-1814 (67%)$3,6278 (38%)$8,251
2018-1913 (50%)$3,3007 (27%)$9,329
2019-2010 (37%)$3,8709 (33%)$8,111
2020-2115 (65%)$5,55219 (83%)$7,342
2021-2211 (58%)$5,27411 (58%)$6,916
Average12 (54.18%)$4,41311 (50.73%)$6,628
*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 12 years, on average, 12 (50.73 % of students) received Pell (federal) grants and its average amount is $4,358.
In addition, 6 students received State/local government grants/scholarships (29.00 % 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
2011-1210 (50%)$4,520------
2012-1318 (82%)$3,642------
2013-1417 (71%)$4,052------
2014-159 (31%)$4,998------
2015-1612 (55%)$5,326------
2016-177 (30%)$4,386------
2017-188 (38%)$2,774--6 (29%)$4,764--
2018-1913 (50%)$3,300------
2019-2010 (37%)$3,870------
2020-2114 (61%)$5,6631 (4%)$4,000----
2021-2210 (53%)$5,4021 (5%)$4,000----
Average12 (50.73%)$4,3581 (4.50%)$4,0006 (29.00%)$4,764--
*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 12 years, on average, 11 (50.73 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1211 (55%)$7,64811 (55%)$7,648--
2012-1318 (82%)$5,53318 (82%)$5,533--
2013-1415 (63%)$5,30615 (63%)$5,306--
2014-155 (17%)$4,6025 (17%)$4,602--
2015-1613 (59%)$3,24713 (59%)$3,247--
2016-1710 (43%)$6,62810 (43%)$6,628--
2017-188 (38%)$8,2518 (38%)$8,251--
2018-197 (27%)$9,3297 (27%)$9,329--
2019-209 (33%)$8,1119 (33%)$8,111--
2020-2119 (83%)$7,34219 (83%)$7,342--
2021-2211 (58%)$6,91611 (58%)$6,916--
Average11 (50.73%)$6,62811 (50.73%)$6,628--
Most Searched New Jersey Colleges (last 30 days)
Related Articles and Ads