Scholarships, Grants, and Loan Trends at Amarillo

6%

Received Percent Changed

$612

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 4,571, which is 47.33 % of all undergraduate students. 1,390 students which is 14.22% of undergraduate students received federal student loans and the average loan amount is $6,155.

For full-time, first-time beginning students (freshmen), 73.44% of students received grants or scholarships and 10% 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 Amarillo College since 2014.

For that period, the average number of students who received grants aid/scholarships is 4,571, which is 47.33 % of all undergraduate students. 1,390 students which is 14.22% of undergraduate students received federal student loans and the average loan amount is $6,155.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-154,505 (44%)$3,4474,005 (39%)$3,3281,510 (15%)$5,564
2015-164,321 (43%)$3,4473,789 (38%)$3,3481,484 (15%)$5,861
2016-174,342 (43%)$3,3774,021 (39%)$3,3661,627 (16%)$6,531
2017-184,678 (46%)$3,5214,221 (41%)$3,5911,658 (16%)$6,534
2018-194,293 (44%)$3,7703,842 (39%)$3,6971,407 (14%)$6,520
2019-204,456 (46%)$3,7844,015 (41%)$3,7231,327 (14%)$6,542
2020-215,260 (58%)$4,0563,736 (41%)$3,8751,102 (12%)$6,905
2021-224,790 (52%)$5,5353,874 (42%)$3,7411,144 (12%)$6,627
2022-234,497 (50%)$4,0593,950 (44%)$4,0591,254 (14%)$4,307
Average4,571 (47.33%)$3,8883,939 (40.44%)$3,6361,390 (14.22%)$6,155
*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, 670 (73.44 % of students) received grants or scholarships and its average amount is $4,472. It can cover 95.07% of tuition & fees ($4,704) based on out-of-state rate.

In addition, 87 (10.00 % of students) students get helped from the students loans (average amount : $5,400).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15587 (73%)$4,316102 (13%)$4,942
2015-16514 (75%)$3,84488 (13%)$5,295
2016-17593 (73%)$4,240113 (14%)$5,660
2017-18521 (71%)$4,42198 (13%)$5,364
2018-19671 (70%)$4,35086 (9%)$5,657
2019-20887 (70%)$4,477112 (9%)$5,367
2020-21836 (90%)$4,02162 (7%)$6,398
2021-22678 (70%)$5,75959 (6%)$5,961
2022-23744 (69%)$4,82261 (6%)$3,956
Average670 (73.44%)$4,47287 (10.00%)$5,400
*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, 545 (59.56 % of students) received Pell (federal) grants and its average amount is $4,563.

In addition, 103 students received State/local government grants/scholarships (11.89 % 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
2014-15487 (61%)$4,1678 (1%)$750182 (23%)$2,309149 (19%)$524
2015-16424 (62%)$4,0601 (0%)$80073 (11%)$2,337123 (18%)$674
2016-17498 (61%)$4,2976 (1%)$80079 (10%)$2,338118 (14%)$1,567
2017-18429 (58%)$4,76529 (4%)$509149 (20%)$1,050130 (18%)$674
2018-19564 (59%)$4,5187 (1%)$543102 (11%)$2,544176 (18%)$612
2019-20788 (62%)$4,52677 (6%)$423109 (9%)$2,218202 (16%)$644
2020-21529 (57%)$4,886815 (87%)$53483 (9%)$2,665163 (17%)$740
2021-22564 (58%)$4,774202 (21%)$4,71271 (7%)$2,111154 (16%)$717
2022-23623 (58%)$5,07563 (6%)$49579 (7%)$2,363193 (18%)$1,078
Average545 (59.56%)$4,563134 (15.88%)$1,063103 (11.89%)$2,215156 (17.11%)$803
*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, 87 (10.00 % of students) get any students loan help and its average loan amount is $87.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15102 (13%)$4,94299 (12%)$4,9283 (0%)$5,420
2015-1688 (13%)$5,29587 (13%)$5,3361 (0%)$1,725
2016-17113 (14%)$5,660113 (14%)$5,6111 (0%)$5,500
2017-1898 (13%)$5,36498 (13%)$5,364--
2018-1986 (9%)$5,65786 (9%)$5,657--
2019-20112 (9%)$5,367111 (9%)$5,4061 (0%)$1,000
2020-2162 (7%)$6,39860 (6%)$6,0972 (0%)$15,448
2021-2259 (6%)$5,96159 (6%)$5,961--
2022-2361 (6%)$3,95659 (5%)$3,9802 (0%)$3,250
Average87 (10.00%)$5,40086 (9.67%)$5,3712 (0.00%)$5,391

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