Scholarships, Grants, and Loan Trends at Central Texas

-3%

Received Percent Changed

-$1,370

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 5,331, which is 37.11 % of all undergraduate students. 1,540 students which is 11.78% of undergraduate students received federal student loans and the average loan amount is $4,436.

For full-time, first-time beginning students (freshmen), 70.67% 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 Central Texas College since 2014.

For that period, the average number of students who received grants aid/scholarships is 5,331, which is 37.11 % of all undergraduate students. 1,540 students which is 11.78% of undergraduate students received federal student loans and the average loan amount is $4,436.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-157,965 (39%)$5,3827,288 (35%)$4,6351,321 (6%)$5,198
2015-166,809 (35%)$4,4256,110 (31%)$4,5861,901 (10%)$2,527
2016-176,083 (34%)$4,7175,734 (32%)$4,608934 (5%)$5,692
2017-184,429 (28%)$3,6294,146 (26%)$3,400770 (5%)$1,989
2018-195,010 (31%)$3,5864,714 (29%)$3,4741,476 (9%)$5,001
2019-205,092 (30%)$3,4874,506 (27%)$3,3901,672 (10%)$5,623
2020-214,165 (41%)$3,3233,113 (31%)$3,2083,732 (37%)$1,840
2021-225,392 (60%)$3,8232,808 (31%)$3,4071,062 (12%)$6,041
2022-233,035 (36%)$4,0122,591 (31%)$3,672988 (12%)$6,011
Average5,331 (37.11%)$4,0434,557 (30.33%)$3,8201,540 (11.78%)$4,436
*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, 431 (70.67 % of students) received grants or scholarships and its average amount is $5,179. It can cover 69.06% of tuition & fees ($7,500) based on out-of-state rate.

In addition, 183 (31.56 % of students) students get helped from the students loans (average amount : $4,067).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15572 (71%)$5,072268 (33%)$2,850
2015-16418 (60%)$5,398161 (23%)$2,514
2016-17489 (67%)$5,021197 (27%)$2,929
2017-18431 (64%)$4,796100 (15%)$5,204
2018-19487 (67%)$5,188201 (28%)$4,339
2019-20644 (71%)$4,718248 (27%)$5,679
2020-21274 (75%)$5,039274 (75%)$2,053
2021-22277 (83%)$6,08497 (29%)$5,457
2022-23286 (78%)$5,297100 (27%)$5,580
Average431 (70.67%)$5,179183 (31.56%)$4,067
*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, 390 (62.67 % of students) received Pell (federal) grants and its average amount is $4,839.

In addition, 63 students received State/local government grants/scholarships (13.56 % 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
2014-15537 (67%)$5,0728 (1%)$50029 (4%)$1,840129 (16%)$933
2015-16418 (60%)$4,98917 (2%)$51327 (4%)$1,892131 (19%)$848
2016-17451 (61%)$5,0371 (0%)$50941 (6%)$1,753118 (16%)$942
2017-18386 (57%)$4,73223 (3%)$53348 (7%)$1,784128 (19%)$1,112
2018-19472 (65%)$4,9645 (1%)$76025 (3%)$2,599108 (15%)$1,062
2019-20571 (63%)$4,74086 (9%)$231100 (11%)$1,154181 (20%)$1,086
2020-21224 (62%)$4,711100 (27%)$1,04227 (7%)$2,31263 (17%)$2,521
2021-22201 (61%)$4,48112 (4%)$711198 (60%)$3,43344 (13%)$2,187
2022-23250 (68%)$4,82820 (5%)$60073 (20%)$3,00853 (14%)$1,442
Average390 (62.67%)$4,83930 (6.50%)$60063 (13.56%)$2,197106 (16.56%)$1,348
*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, 183 (31.56 % of students) get any students loan help and its average loan amount is $183.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15268 (33%)$2,850268 (33%)$2,850--
2015-16161 (23%)$2,514161 (23%)$2,514--
2016-17197 (27%)$2,929197 (27%)$2,929--
2017-18100 (15%)$5,204100 (15%)$5,204--
2018-19201 (28%)$4,339201 (28%)$4,339--
2019-20248 (27%)$5,679248 (27%)$5,679--
2020-21274 (75%)$2,053274 (75%)$2,053--
2021-2297 (29%)$5,45797 (29%)$5,457--
2022-23100 (27%)$5,580100 (27%)$5,580--
Average183 (31.56%)$4,067183 (31.56%)$4,067--

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