Scholarships, Grants, and Loan Trends at New River Community and Technical

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 1,109, which is 64.55 % of all undergraduate students. 413 students which is 21.64% of undergraduate students received federal student loans and the average loan amount is $3,642.
For full-time, first-time beginning students (freshmen), 84.64% of students received grants or scholarships and 26% of students received student loans.
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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 New River Community and Technical College since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,109, which is 64.55 % of all undergraduate students. 413 students which is 21.64% of undergraduate students received federal student loans and the average loan amount is $3,642.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,691 (54%)$2,7391,620 (51%)$2,301952 (30%)$1,478
2012-131,588 (56%)$3,1411,454 (51%)$2,739782 (27%)$2,466
2013-141,759 (69%)$5,6471,423 (56%)$4,046645 (25%)$3,363
2014-151,465 (75%)$5,6071,222 (62%)$3,930513 (26%)$3,535
2015-161,166 (72%)$5,579974 (60%)$3,854360 (22%)$3,754
2016-17889 (61%)$5,107822 (57%)$4,021327 (23%)$4,033
2017-18799 (68%)$6,009689 (59%)$4,137259 (22%)$3,855
2018-19653 (55%)$5,317603 (51%)$4,325215 (18%)$4,200
2019-20735 (61%)$6,466606 (51%)$5,189215 (18%)$4,842
2020-21655 (63%)$5,462521 (50%)$4,211152 (15%)$3,935
2021-22795 (76%)$6,535479 (46%)$4,627125 (12%)$4,597
Average1,109 (64.55%)$5,237947 (54.00%)$3,944413 (21.64%)$3,642

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

For the last 12 years, on average, 274 (84.64 % of students) received grants or scholarships and its average amount is $5,555. It can cover 68.25% of tuition & fees ($8,140) based on out-of-state rate.
In addition, 93 (26.09 % of students) students get helped from the students loans (average amount : $3,391).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12348 (81%)$2,906169 (39%)$1,391
2012-13359 (76%)$7,021218 (46%)$1,667
2013-14523 (91%)$5,198155 (27%)$3,171
2014-15345 (81%)$5,070120 (28%)$3,554
2015-16276 (85%)$4,96268 (21%)$3,692
2016-17253 (88%)$5,09877 (27%)$4,276
2017-18191 (83%)$5,29469 (30%)$3,848
2018-19166 (78%)$5,78739 (18%)$3,906
2019-20207 (88%)$6,02752 (22%)$4,221
2020-21158 (81%)$5,73435 (18%)$3,750
2021-22188 (99%)$8,01321 (11%)$3,830
Average274 (84.64%)$5,55593 (26.09%)$3,391
*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, 235 (70.64 % of students) received Pell (federal) grants and its average amount is $4,463.
In addition, 153 students received State/local government grants/scholarships (49.64 % 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
2011-12332 (77%)$2,3663 (1%)$167192 (45%)$1,174--
2012-13338 (72%)$5,52724 (5%)$395179 (38%)$3,5793 (1%)$793
2013-14458 (80%)$4,35022 (4%)$559286 (50%)$2,17849 (9%)$1,865
2014-15312 (74%)$4,17523 (5%)$307157 (37%)$2,07264 (15%)$1,781
2015-16228 (70%)$4,20196 (30%)$251132 (41%)$2,27934 (10%)$2,554
2016-17209 (73%)$4,38214 (5%)$350136 (47%)$2,25527 (9%)$2,311
2017-18168 (73%)$4,42242 (18%)$27298 (42%)$2,21221 (9%)$1,910
2018-19146 (69%)$4,80245 (21%)$26695 (45%)$2,24515 (7%)$2,291
2019-20165 (70%)$4,91042 (18%)$323140 (59%)$2,7868 (3%)$4,235
2020-21117 (60%)$4,49220 (10%)$413128 (66%)$2,6789 (5%)$3,258
2021-22111 (59%)$5,46377 (41%)$5,038143 (76%)$3,34911 (6%)$3,012
Average235 (70.64%)$4,46337 (14.36%)$758153 (49.64%)$2,43724 (7.40%)$2,401
*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, 93 (26.09 % of students) get any students loan help and its average loan amount is $93.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12169 (39%)$1,391169 (39%)$1,391--
2012-13218 (46%)$1,667218 (46%)$1,667--
2013-14155 (27%)$3,171155 (27%)$3,171--
2014-15120 (28%)$3,554120 (28%)$3,554--
2015-1668 (21%)$3,69268 (21%)$3,692--
2016-1777 (27%)$4,27677 (27%)$4,276--
2017-1869 (30%)$3,84869 (30%)$3,848--
2018-1939 (18%)$3,90639 (18%)$3,906--
2019-2052 (22%)$4,22149 (21%)$4,1413 (1%)$5,525
2020-2135 (18%)$3,75033 (17%)$3,7732 (1%)$3,375
2021-2221 (11%)$3,83021 (11%)$3,830--
Average93 (26.09%)$3,39193 (25.91%)$3,3863 (1.00%)$4,450
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