Scholarships, Grants, and Loan Trends at Ocean Corporation

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 294, which is 62.18 % of all undergraduate students. 331 students which is 69.73% of undergraduate students received federal student loans and the average loan amount is $8,477.
For full-time, first-time beginning students (freshmen), 61.73% of students received grants or scholarships and 70% 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 Ocean Corporation since 2011.
For that period, the average number of students who received grants aid/scholarships is 294, which is 62.18 % of all undergraduate students. 331 students which is 69.73% of undergraduate students received federal student loans and the average loan amount is $8,477.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12508 (72%)$5,787488 (69%)$4,602574 (81%)$10,457
2012-13457 (68%)$5,604436 (65%)$4,682512 (76%)$10,859
2013-14386 (63%)$5,212377 (62%)$4,740439 (72%)$11,139
2014-15332 (60%)$5,784328 (59%)$4,789383 (69%)$7,979
2015-16330 (61%)$5,473320 (60%)$4,683385 (72%)$7,997
2016-17301 (73%)$5,879290 (71%)$4,651318 (78%)$8,005
2017-18208 (62%)$5,755196 (58%)$4,578213 (63%)$7,663
2018-19163 (54%)$6,682159 (52%)$4,950181 (60%)$7,507
2019-20185 (57%)$6,276176 (54%)$5,140208 (64%)$7,289
2020-21190 (59%)$6,019184 (57%)$4,975217 (67%)$7,209
2021-22176 (55%)$5,991173 (54%)$5,118208 (65%)$7,144
Average294 (62.18%)$5,860284 (60.09%)$4,810331 (69.73%)$8,477

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

For the last 12 years, on average, 147 (61.73 % of students) received grants or scholarships and its average amount is $5,955. It can cover 24.81% of tuition & fees ($24,000).
In addition, 166 (70.45 % of students) students get helped from the students loans (average amount : $7,696).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12291 (73%)$5,732312 (79%)$7,990
2012-13230 (69%)$5,830252 (76%)$7,927
2013-14168 (63%)$5,403194 (73%)$7,390
2014-15139 (57%)$5,703160 (66%)$7,759
2015-16151 (60%)$5,492180 (71%)$7,883
2016-17169 (68%)$5,913172 (70%)$8,439
2017-1893 (54%)$4,94695 (56%)$6,836
2018-1984 (65%)$6,90292 (71%)$8,833
2019-2099 (63%)$7,594116 (74%)$8,020
2020-21105 (57%)$5,885132 (72%)$6,919
2021-2291 (50%)$6,102122 (67%)$6,658
Average147 (61.73%)$5,955166 (70.45%)$7,696
*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, 144 (60.27 % of students) received Pell (federal) grants and its average amount is $4,781.
In addition, 25 students received State/local government grants/scholarships (10.55 % 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
2011-12284 (72%)$4,626154 (39%)$34663 (16%)$4,775--
2012-13224 (67%)$4,790143 (43%)$28551 (15%)$4,455--
2013-14166 (62%)$4,801101 (38%)$34017 (6%)$4,499--
2014-15139 (57%)$4,83792 (38%)$38916 (7%)$5,287--
2015-16148 (58%)$4,735102 (40%)$40314 (6%)$6,237--
2016-17164 (66%)$4,759111 (45%)$42034 (14%)$5,065--
2017-1882 (48%)$3,85257 (33%)$39724 (14%)$5,060--
2018-1984 (65%)$5,09056 (43%)$59621 (16%)$5,658--
2019-2099 (63%)$5,08586 (55%)$1,63318 (12%)$6,000--
2020-21103 (56%)$4,92264 (35%)$51513 (7%)$6,000--
2021-2290 (49%)$5,09056 (31%)$7716 (3%)$6,0005 (3%)$3,600
Average144 (60.27%)$4,78193 (40.00%)$55425 (10.55%)$5,3675 (3.00%)$3,600
*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, 166 (70.45 % of students) get any students loan help and its average loan amount is $166.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12312 (79%)$7,990312 (79%)$7,990--
2012-13252 (76%)$7,927252 (76%)$7,927--
2013-14194 (73%)$7,390194 (73%)$7,390--
2014-15160 (66%)$7,759160 (66%)$7,759--
2015-16180 (71%)$7,883180 (71%)$7,883--
2016-17172 (70%)$8,439172 (70%)$7,88812 (5%)$7,904
2017-1895 (56%)$6,83695 (56%)$6,4264 (2%)$9,738
2018-1992 (71%)$8,83392 (71%)$7,62012 (9%)$9,297
2019-20116 (74%)$8,020116 (74%)$7,25210 (6%)$8,913
2020-21132 (72%)$6,919132 (72%)$6,919--
2021-22122 (67%)$6,658122 (67%)$6,658--
Average166 (70.45%)$7,696166 (70.45%)$7,42810 (5.50%)$8,963
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