Scholarships, Grants, and Loan Trends at Alpena CC

-42%

Received Percent Changed

$2,405

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,130, which is 74.67 % of all undergraduate students. 300 students which is 19.56% of undergraduate students received federal student loans and the average loan amount is $4,936.

For full-time, first-time beginning students (freshmen), 84.00% of students received grants or scholarships and 32% of students received student loans.

All Undergraduate Students Financial Aid Over Time

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

For that period, the average number of students who received grants aid/scholarships is 1,130, which is 74.67 % of all undergraduate students. 300 students which is 19.56% of undergraduate students received federal student loans and the average loan amount is $4,936.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,270 (78%)$3,599759 (46%)$4,207496 (30%)$4,589
2015-161,137 (76%)$3,651607 (41%)$4,315419 (28%)$4,723
2016-171,198 (78%)$3,630581 (38%)$4,319388 (25%)$4,740
2017-181,285 (80%)$3,693584 (36%)$4,511351 (22%)$5,050
2018-191,233 (86%)$3,744497 (35%)$4,594283 (20%)$5,044
2019-201,393 (94%)$3,664482 (32%)$4,698270 (18%)$5,108
2020-211,335 (93%)$3,612412 (29%)$4,258192 (13%)$4,900
2021-22761 (51%)$6,417342 (23%)$4,569153 (10%)$5,138
2022-23554 (36%)$6,004319 (21%)$4,844151 (10%)$5,128
Average1,130 (74.67%)$4,224509 (33.44%)$4,479300 (19.56%)$4,936
*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, 207 (84.00 % of students) received grants or scholarships and its average amount is $5,921. It can cover 72.03% of tuition & fees ($8,220) based on out-of-state rate.

In addition, 83 (32.00 % of students) students get helped from the students loans (average amount : $5,386).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15245 (77%)$5,045136 (43%)$4,288
2015-16234 (76%)$4,978117 (38%)$4,666
2016-17245 (80%)$5,351116 (38%)$4,908
2017-18197 (80%)$5,90184 (34%)$5,600
2018-19205 (77%)$6,10980 (30%)$5,735
2019-20224 (91%)$5,82184 (34%)$5,930
2020-21194 (97%)$5,19336 (18%)$5,752
2021-22164 (100%)$7,63948 (29%)$5,320
2022-23152 (78%)$7,25147 (24%)$6,278
Average207 (84.00%)$5,92183 (32.00%)$5,386
*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, 142 (55.78 % of students) received Pell (federal) grants and its average amount is $4,699.

In addition, 78 students received State/local government grants/scholarships (32.22 % 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
2014-15205 (64%)$4,462105 (33%)$21067 (21%)$3,05170 (22%)$1,357
2015-16177 (57%)$4,37292 (30%)$22968 (22%)$3,33794 (30%)$1,521
2016-17181 (59%)$4,43572 (23%)$33892 (30%)$3,54197 (31%)$1,631
2017-18155 (63%)$4,66461 (25%)$27785 (34%)$3,63668 (28%)$1,668
2018-19148 (56%)$4,73272 (27%)$23998 (37%)$3,97689 (33%)$1,631
2019-20145 (59%)$4,915211 (86%)$60977 (31%)$4,29874 (30%)$1,782
2020-21105 (52%)$4,528171 (85%)$70678 (39%)$3,80472 (36%)$1,593
2021-2279 (48%)$5,040164 (100%)$3,08655 (34%)$4,58652 (32%)$1,854
2022-2385 (44%)$5,14478 (40%)$1,43781 (42%)$5,01777 (40%)$1,902
Average142 (55.78%)$4,699114 (49.89%)$79278 (32.22%)$3,91677 (31.33%)$1,660
*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, 83 (32.00 % of students) get any students loan help and its average loan amount is $83.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15136 (43%)$4,288134 (42%)$4,1165 (2%)$6,336
2015-16117 (38%)$4,666112 (36%)$4,4628 (3%)$5,778
2016-17116 (38%)$4,908112 (36%)$4,36813 (4%)$6,165
2017-1884 (34%)$5,60079 (32%)$4,81311 (4%)$8,200
2018-1980 (30%)$5,73568 (26%)$4,99014 (5%)$8,538
2019-2084 (34%)$5,93081 (33%)$5,02510 (4%)$9,109
2020-2136 (18%)$5,75234 (17%)$4,6975 (2%)$9,472
2021-2248 (29%)$5,32046 (28%)$4,6914 (2%)$9,902
2022-2347 (24%)$6,27842 (22%)$4,6228 (4%)$12,619
Average83 (32.00%)$5,38679 (30.22%)$4,6439 (3.33%)$8,458

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