Scholarships, Grants, and Loan Trends at TNCC

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 3,951, which is 50.56 % of all undergraduate students. 1,261 students which is 14.89% of undergraduate students received federal student loans and the average loan amount is $5,426.

For full-time, first-time beginning students (freshmen), 59.56% of students received grants or scholarships and 17% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Virginia Peninsula Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 3,951, which is 50.56 % of all undergraduate students. 1,261 students which is 14.89% of undergraduate students received federal student loans and the average loan amount is $5,426.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-155,842 (56%)$3,0224,596 (44%)$3,0812,551 (24%)$5,656
2015-165,068 (54%)$3,0713,894 (42%)$3,1102,091 (22%)$5,710
2016-174,590 (52%)$2,9213,419 (38%)$2,9751,862 (21%)$5,445
2017-183,963 (48%)$3,1862,955 (36%)$3,1391,310 (16%)$5,456
2018-193,610 (47%)$3,3542,628 (34%)$3,2541,113 (14%)$5,453
2019-203,241 (44%)$3,8762,324 (32%)$3,247959 (13%)$5,146
2020-212,520 (40%)$4,3581,772 (28%)$3,373581 (9%)$5,246
2021-224,585 (79%)$3,6951,778 (30%)$3,616489 (8%)$5,018
2022-232,136 (35%)$5,0751,731 (29%)$3,706394 (7%)$5,703
Average3,951 (50.56%)$3,6182,789 (34.78%)$3,2781,261 (14.89%)$5,426
*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.

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

For the last 10 years, on average, 405 (59.56 % of students) received grants or scholarships and its average amount is $5,302. It can cover 46.00% of tuition & fees ($11,526) based on out-of-state rate.

In addition, 122 (16.56 % of students) students get helped from the students loans (average amount : $4,961).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15476 (56%)$4,768204 (24%)$4,821
2015-16435 (53%)$4,823165 (20%)$4,795
2016-17422 (52%)$4,618189 (23%)$4,405
2017-18394 (53%)$4,889131 (18%)$4,852
2018-19437 (54%)$4,892136 (17%)$4,555
2019-20405 (60%)$5,200123 (18%)$5,095
2020-21300 (56%)$6,31959 (11%)$4,915
2021-22506 (100%)$5,43338 (7%)$5,375
2022-23267 (52%)$6,77254 (11%)$5,834
Average405 (59.56%)$5,302122 (16.56%)$4,961
*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, 312 (44.44 % of students) received Pell (federal) grants and its average amount is $4,445.

In addition, 285 students received State/local government grants/scholarships (41.67 % 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
2014-15429 (50%)$4,26729 (3%)$1,244294 (34%)$1,14037 (4%)$1,834
2015-16381 (46%)$4,31343 (5%)$1,135308 (37%)$1,14147 (6%)$1,156
2016-17380 (47%)$4,04641 (5%)$941307 (38%)$1,08526 (3%)$1,520
2017-18328 (44%)$4,32437 (5%)$1,095336 (45%)$1,29818 (2%)$1,742
2018-19352 (44%)$4,41521 (3%)$1,738340 (42%)$1,27691 (11%)$1,247
2019-20275 (41%)$4,365299 (44%)$1,195256 (38%)$1,54495 (14%)$1,611
2020-21213 (40%)$4,633245 (46%)$1,518251 (47%)$1,65051 (10%)$2,409
2021-22224 (44%)$4,538503 (99%)$2,369246 (49%)$1,58164 (13%)$2,375
2022-23224 (44%)$5,103188 (37%)$823228 (45%)$1,80740 (8%)$2,462
Average312 (44.44%)$4,445156 (27.44%)$1,340285 (41.67%)$1,39152 (7.89%)$1,817
*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, 122 (16.56 % of students) get any students loan help and its average loan amount is $122.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15204 (24%)$4,821202 (24%)$4,8093 (0%)$4,000
2015-16165 (20%)$4,795163 (20%)$4,6813 (0%)$9,400
2016-17189 (23%)$4,405185 (23%)$4,3954 (0%)$4,875
2017-18131 (18%)$4,852125 (17%)$4,5626 (1%)$10,891
2018-19136 (17%)$4,555135 (17%)$4,5022 (0%)$5,853
2019-20123 (18%)$5,095117 (17%)$4,7067 (1%)$10,861
2020-2159 (11%)$4,91555 (10%)$4,5425 (1%)$8,032
2021-2238 (7%)$5,37536 (7%)$4,6913 (1%)$11,795
2022-2354 (11%)$5,83452 (10%)$5,2465 (1%)$8,446
Average122 (16.56%)$4,961119 (16.11%)$4,6824 (1.00%)$8,239

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