Scholarships, Grants, and Loan Trends at CCRI

7%

Received Percent Changed

$309

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 8,996, which is 62.33 % of all undergraduate students. 2,222 students which is 14.78% of undergraduate students received federal student loans and the average loan amount is $4,957.

For full-time, first-time beginning students (freshmen), 81.22% 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 Community College of Rhode Island since 2014.

For that period, the average number of students who received grants aid/scholarships is 8,996, which is 62.33 % of all undergraduate students. 2,222 students which is 14.78% of undergraduate students received federal student loans and the average loan amount is $4,957.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1510,897 (62%)$4,2899,966 (57%)$4,2974,043 (23%)$4,178
2015-169,294 (57%)$4,6588,862 (55%)$4,2603,159 (20%)$4,599
2016-178,720 (58%)$4,4408,167 (54%)$4,0083,053 (20%)$4,817
2017-187,933 (54%)$3,9776,722 (46%)$3,3182,230 (15%)$5,026
2018-199,152 (63%)$3,9286,408 (44%)$3,5551,962 (13%)$5,266
2019-208,982 (61%)$4,6526,898 (47%)$3,6311,769 (12%)$5,002
2020-218,628 (63%)$4,7615,807 (42%)$3,5791,479 (11%)$5,122
2021-228,893 (74%)$5,2895,093 (43%)$3,5151,139 (10%)$5,217
2022-238,465 (69%)$4,5985,271 (43%)$3,8311,160 (9%)$5,382
Average8,996 (62.33%)$4,5107,022 (47.89%)$3,7772,222 (14.78%)$4,957
*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, 1,755 (81.22 % of students) received grants or scholarships and its average amount is $5,645. It can cover 38.06% of tuition & fees ($14,834) based on out-of-state rate.

In addition, 187 (10.44 % of students) students get helped from the students loans (average amount : $3,856).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,013 (62%)$4,803399 (24%)$4,002
2015-16859 (53%)$5,548297 (18%)$4,153
2016-17679 (52%)$5,493224 (17%)$4,707
2017-181,476 (89%)$5,612195 (12%)$4,127
2018-192,385 (92%)$5,164122 (5%)$3,421
2019-202,715 (95%)$5,668159 (6%)$3,241
2020-212,385 (95%)$5,613129 (5%)$3,472
2021-222,059 (98%)$7,01168 (3%)$3,792
2022-232,220 (95%)$5,89487 (4%)$3,793
Average1,755 (81.22%)$5,645187 (10.44%)$3,856
*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, 1,106 (53.11 % of students) received Pell (federal) grants and its average amount is $4,741.

In addition, 1,136 students received State/local government grants/scholarships (51.78 % 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
2014-15904 (55%)$4,74545 (3%)$433612 (38%)$633157 (10%)$1,074
2015-16828 (51%)$4,85881 (5%)$370348 (22%)$1,49873 (5%)$2,629
2016-17640 (49%)$4,815134 (10%)$282316 (24%)$1,35990 (7%)$2,015
2017-18891 (54%)$4,812184 (11%)$288985 (60%)$3,447810 (49%)$676
2018-191,421 (55%)$4,612347 (13%)$2661,579 (61%)$3,2501,204 (47%)$448
2019-201,635 (57%)$4,7511,554 (54%)$7411,794 (63%)$3,2091,228 (43%)$580
2020-211,289 (51%)$4,4491,500 (60%)$1,2771,764 (70%)$3,126100 (4%)$2,225
2021-221,110 (53%)$4,6541,884 (90%)$2,2831,383 (66%)$3,563182 (9%)$227
2022-231,233 (53%)$4,977998 (43%)$8141,441 (62%)$3,782936 (40%)$732
Average1,106 (53.11%)$4,741747 (32.11%)$7501,136 (51.78%)$2,652531 (23.78%)$1,178
*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, 187 (10.44 % of students) get any students loan help and its average loan amount is $187.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15399 (24%)$4,002394 (24%)$3,9946 (0%)$3,860
2015-16297 (18%)$4,153292 (18%)$4,1295 (0%)$5,551
2016-17224 (17%)$4,707221 (17%)$4,6336 (0%)$5,077
2017-18195 (12%)$4,127193 (12%)$4,0922 (0%)$7,500
2018-19122 (5%)$3,421121 (5%)$3,4181 (0%)$3,700
2019-20159 (6%)$3,241159 (6%)$3,241--
2020-21129 (5%)$3,472129 (5%)$3,472--
2021-2268 (3%)$3,79268 (3%)$3,792--
2022-2387 (4%)$3,79384 (4%)$3,4953 (0%)$12,130
Average187 (10.44%)$3,856185 (10.44%)$3,8074 (0.00%)$6,303

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