Scholarships, Grants, and Loan Trends at FM

-4%

Received Percent Changed

-$845

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,078, which is 47.33 % of all undergraduate students. 526 students which is 22.11% of undergraduate students received federal student loans and the average loan amount is $5,739.

For full-time, first-time beginning students (freshmen), 80.22% of students received grants or scholarships and 29% 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 Fulton-Montgomery Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,078, which is 47.33 % of all undergraduate students. 526 students which is 22.11% of undergraduate students received federal student loans and the average loan amount is $5,739.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,392 (54%)$4,9901,235 (48%)$3,877943 (36%)$5,698
2015-161,242 (49%)$5,0971,081 (42%)$3,975770 (30%)$5,752
2016-171,208 (46%)$5,0761,051 (40%)$3,861703 (27%)$5,752
2017-181,154 (48%)$5,374978 (41%)$4,097604 (25%)$5,636
2018-191,041 (42%)$5,506855 (35%)$4,152530 (22%)$5,774
2019-201,169 (51%)$5,262817 (36%)$4,117474 (21%)$5,671
2020-21806 (41%)$5,833616 (32%)$3,976284 (15%)$5,839
2021-22780 (45%)$7,147467 (27%)$3,975199 (11%)$5,777
2022-23912 (50%)$4,145502 (28%)$4,366226 (12%)$5,748
Average1,078 (47.33%)$5,381845 (36.56%)$4,044526 (22.11%)$5,739
*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, 328 (80.22 % of students) received grants or scholarships and its average amount is $6,223. It can cover 91.55% of tuition & fees ($6,798) based on out-of-state rate.

In addition, 133 (29.22 % of students) students get helped from the students loans (average amount : $5,055).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15366 (73%)$5,865205 (41%)$5,388
2015-16376 (69%)$5,856211 (39%)$5,447
2016-17411 (74%)$6,018202 (37%)$5,479
2017-18403 (76%)$6,023176 (33%)$5,046
2018-19312 (74%)$6,077122 (29%)$5,109
2019-20386 (93%)$6,339141 (34%)$5,221
2020-21228 (78%)$5,95559 (20%)$4,409
2021-22216 (89%)$8,79030 (12%)$4,775
2022-23256 (96%)$5,08748 (18%)$4,620
Average328 (80.22%)$6,223133 (29.22%)$5,055
*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, 259 (61.11 % of students) received Pell (federal) grants and its average amount is $4,471.

In addition, 264 students received State/local government grants/scholarships (61.56 % 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
2014-15317 (63%)$4,48783 (17%)$435338 (67%)$1,98922 (4%)$722
2015-16332 (61%)$4,304107 (20%)$402338 (62%)$2,10628 (5%)$641
2016-17353 (64%)$4,438100 (18%)$437374 (68%)$2,25536 (7%)$550
2017-18336 (64%)$4,42899 (19%)$388353 (67%)$2,46251 (10%)$628
2018-19256 (61%)$4,43492 (22%)$409265 (63%)$2,67034 (8%)$461
2019-20280 (67%)$4,620291 (70%)$888291 (70%)$2,86787 (21%)$696
2020-21162 (55%)$4,250160 (54%)$1,558138 (47%)$2,69978 (27%)$610
2021-22139 (57%)$4,622201 (83%)$3,834136 (56%)$3,13561 (25%)$971
2022-23154 (58%)$4,654251 (94%)$442143 (54%)$2,89581 (30%)$749
Average259 (61.11%)$4,471154 (44.11%)$977264 (61.56%)$2,56453 (15.22%)$670
*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, 133 (29.22 % of students) get any students loan help and its average loan amount is $133.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15205 (41%)$5,388205 (41%)$5,388--
2015-16211 (39%)$5,447211 (39%)$5,447--
2016-17202 (37%)$5,479202 (37%)$5,479--
2017-18176 (33%)$5,046176 (33%)$5,046--
2018-19122 (29%)$5,109122 (29%)$5,109--
2019-20141 (34%)$5,221140 (34%)$5,1332 (0%)$8,750
2020-2159 (20%)$4,40959 (20%)$4,409--
2021-2230 (12%)$4,77530 (12%)$4,775--
2022-2348 (18%)$4,62048 (18%)$4,620--
Average133 (29.22%)$5,055133 (29.22%)$5,0452 (0.00%)$8,750

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