Scholarships, Grants, and Loan Trends at DMACC

-4%

Received Percent Changed

$762

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 5,535, which is 25.22 % of all undergraduate students. 4,324 students which is 19.44% of undergraduate students received federal student loans and the average loan amount is $5,026.

For full-time, first-time beginning students (freshmen), 55.78% of students received grants or scholarships and 40% 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 Des Moines Area Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 5,535, which is 25.22 % of all undergraduate students. 4,324 students which is 19.44% of undergraduate students received federal student loans and the average loan amount is $5,026.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-156,748 (29%)$3,6195,942 (25%)$3,4596,679 (28%)$5,097
2015-165,984 (27%)$3,6025,081 (23%)$3,4455,793 (26%)$4,922
2016-175,170 (23%)$3,8204,592 (20%)$3,4215,006 (22%)$4,937
2017-185,413 (24%)$3,7704,458 (19%)$3,7294,544 (20%)$4,688
2018-195,223 (22%)$3,7944,255 (18%)$3,7514,257 (18%)$5,176
2019-205,596 (24%)$3,8644,118 (18%)$3,6343,855 (17%)$5,035
2020-215,182 (28%)$4,0133,597 (20%)$3,5893,159 (17%)$5,078
2021-225,073 (25%)$4,1823,481 (17%)$3,7482,797 (14%)$5,060
2022-235,430 (25%)$4,3813,474 (16%)$3,9512,825 (13%)$5,240
Average5,535 (25.22%)$3,8944,333 (19.56%)$3,6364,324 (19.44%)$5,026
*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, 1,025 (55.78 % of students) received grants or scholarships and its average amount is $4,479. It can cover 66.94% of tuition & fees ($6,690) based on out-of-state rate.

In addition, 744 (39.56 % of students) students get helped from the students loans (average amount : $4,724).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,221 (56%)$4,3781,189 (54%)$4,995
2015-16967 (51%)$3,998954 (50%)$4,665
2016-171,048 (56%)$3,909846 (45%)$4,522
2017-181,006 (53%)$4,337839 (44%)$4,301
2018-19930 (53%)$4,342697 (40%)$4,890
2019-201,066 (58%)$4,410652 (35%)$4,627
2020-211,030 (58%)$4,623537 (30%)$4,717
2021-22917 (54%)$5,109490 (29%)$4,839
2022-231,044 (63%)$5,201489 (29%)$4,964
Average1,025 (55.78%)$4,479744 (39.56%)$4,724
*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, 744 (40.11 % of students) received Pell (federal) grants and its average amount is $4,349.

In addition, 342 students received State/local government grants/scholarships (18.67 % 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
2014-151,001 (46%)$4,13355 (3%)$435406 (18%)$2,232122 (6%)$2,282
2015-16798 (42%)$3,968103 (5%)$391213 (11%)$1,829294 (15%)$918
2016-17819 (44%)$3,901168 (9%)$335241 (13%)$1,844389 (21%)$1,031
2017-18792 (42%)$4,419100 (5%)$393250 (13%)$1,742294 (16%)$1,322
2018-19689 (39%)$4,518187 (11%)$253240 (14%)$1,643375 (21%)$1,289
2019-20740 (40%)$4,323205 (11%)$285322 (17%)$2,662383 (21%)$1,531
2020-21647 (36%)$4,285235 (13%)$416513 (29%)$2,554283 (16%)$2,054
2021-22612 (36%)$4,725267 (16%)$378354 (21%)$3,537248 (15%)$1,775
2022-23596 (36%)$4,867203 (12%)$341535 (32%)$3,613321 (19%)$1,643
Average744 (40.11%)$4,349169 (9.44%)$359342 (18.67%)$2,406301 (16.67%)$1,538
*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, 744 (39.56 % of students) get any students loan help and its average loan amount is $744.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,189 (54%)$4,9951,186 (54%)$4,75943 (2%)$6,848
2015-16954 (50%)$4,665947 (50%)$4,39644 (2%)$6,527
2016-17846 (45%)$4,522839 (45%)$4,32332 (2%)$6,221
2017-18839 (44%)$4,301834 (44%)$4,09430 (2%)$6,478
2018-19697 (40%)$4,890691 (40%)$4,54934 (2%)$7,795
2019-20652 (35%)$4,627649 (35%)$4,43721 (1%)$6,525
2020-21537 (30%)$4,717529 (30%)$4,43132 (2%)$5,893
2021-22490 (29%)$4,839486 (29%)$4,60220 (1%)$6,733
2022-23489 (29%)$4,964487 (29%)$4,76016 (1%)$6,847
Average744 (39.56%)$4,724739 (39.56%)$4,48330 (1.67%)$6,652

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