Scholarships, Grants, and Loan Trends at OC Comets

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 987, which is 94.91 % of all undergraduate students. 837 students which is 80.45% of undergraduate students received federal student loans and the average loan amount is $7,121.
For full-time, first-time beginning students (freshmen), 99.18% of students received grants or scholarships and 86% 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 Olivet College since 2011.
For that period, the average number of students who received grants aid/scholarships is 987, which is 94.91 % of all undergraduate students. 837 students which is 80.45% of undergraduate students received federal student loans and the average loan amount is $7,121.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,057 (94%)$12,213559 (50%)$3,983926 (82%)$7,763
2012-131,039 (93%)$11,466510 (46%)$4,137894 (80%)$7,845
2013-141,042 (93%)$12,521572 (51%)$3,917923 (82%)$7,497
2014-15949 (100%)$13,338466 (49%)$4,041813 (86%)$7,557
2015-16981 (99%)$13,579424 (43%)$4,306783 (79%)$7,323
2016-17993 (95%)$16,442496 (47%)$4,421836 (80%)$7,151
2017-181,038 (88%)$18,861558 (47%)$4,519890 (76%)$7,048
2018-19981 (93%)$20,098534 (51%)$4,628850 (81%)$6,721
2019-201,005 (94%)$21,727528 (49%)$4,787842 (79%)$6,668
2020-21960 (99%)$22,220455 (47%)$4,960791 (82%)$6,300
2021-22813 (96%)$22,766387 (45%)$5,027661 (78%)$6,455
Average987 (94.91%)$16,839499 (47.73%)$4,430837 (80.45%)$7,121

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

For the last 12 years, on average, 277 (99.18 % of students) received grants or scholarships and its average amount is $16,892. It can cover 51.07% of tuition & fees ($33,076).
In addition, 240 (86.18 % of students) students get helped from the students loans (average amount : $10,467).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12218 (100%)$12,508190 (87%)$7,576
2012-13299 (99%)$12,118250 (83%)$8,830
2013-14271 (97%)$12,645247 (89%)$8,158
2014-15232 (100%)$12,889216 (93%)$9,570
2015-16237 (99%)$15,465202 (85%)$8,986
2016-17348 (99%)$17,576299 (85%)$7,602
2017-18321 (100%)$17,992281 (88%)$7,742
2018-19300 (100%)$19,015261 (87%)$17,435
2019-20328 (97%)$21,427277 (82%)$15,705
2020-21289 (100%)$20,813243 (84%)$15,987
2021-22207 (100%)$23,361175 (85%)$7,545
Average277 (99.18%)$16,892240 (86.18%)$10,467
*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, 147 (52.18 % of students) received Pell (federal) grants and its average amount is $4,494.
In addition, 179 students received State/local government grants/scholarships (64.55 % 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
2011-12105 (48%)$4,509115 (53%)$441170 (78%)$1,446217 (100%)$9,018
2012-13158 (52%)$4,062171 (57%)$383204 (68%)$1,369298 (99%)$8,848
2013-14132 (47%)$4,620151 (54%)$429221 (79%)$1,321270 (97%)$9,112
2014-15118 (51%)$3,922127 (55%)$389171 (74%)$1,454206 (89%)$10,822
2015-16118 (49%)$4,507130 (54%)$429155 (65%)$1,701237 (99%)$11,874
2016-17194 (55%)$4,191194 (55%)$238224 (64%)$1,666348 (99%)$14,035
2017-18179 (56%)$4,694179 (56%)$216220 (69%)$1,903321 (100%)$13,950
2018-19175 (58%)$4,643175 (58%)$250172 (57%)$2,194298 (99%)$15,003
2019-20203 (60%)$4,799203 (60%)$283176 (52%)$2,483328 (97%)$16,949
2020-21127 (44%)$5,008127 (44%)$315151 (52%)$2,466289 (100%)$17,185
2021-22112 (54%)$4,475112 (54%)$553108 (52%)$2,489207 (100%)$19,342
Average147 (52.18%)$4,494153 (54.55%)$357179 (64.55%)$1,863274 (98.09%)$13,285
*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, 240 (86.18 % of students) get any students loan help and its average loan amount is $240.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12190 (87%)$7,576190 (87%)$6,56719 (9%)$10,088
2012-13250 (83%)$8,830250 (83%)$7,05540 (13%)$11,089
2013-14247 (89%)$8,158247 (89%)$6,18545 (16%)$10,833
2014-15216 (93%)$9,570201 (87%)$6,01972 (31%)$11,907
2015-16202 (85%)$8,986202 (85%)$6,16970 (29%)$8,129
2016-17299 (85%)$7,602299 (85%)$6,12340 (11%)$11,052
2017-18281 (88%)$7,742279 (87%)$6,29455 (17%)$7,629
2018-19261 (87%)$17,435261 (87%)$5,745261 (87%)$11,690
2019-20277 (82%)$15,705277 (82%)$5,461277 (82%)$10,244
2020-21243 (84%)$15,987243 (84%)$5,248243 (84%)$10,739
2021-22175 (85%)$7,545175 (85%)$5,30333 (16%)$11,889
Average240 (86.18%)$10,467239 (85.55%)$6,015105 (35.91%)$10,481
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