Scholarships, Grants, and Loan Trends at Gem City

-18%

Received Percent Changed

$2,403

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 36, which is 71.67 % of all undergraduate students. 30 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $6,846.

For full-time, first-time beginning students (freshmen), 61.11% of students received grants or scholarships and 62% 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 Gem City College since 2014.

For that period, the average number of students who received grants aid/scholarships is 36, which is 71.67 % of all undergraduate students. 30 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $6,846.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1545 (83%)$3,89536 (67%)$3,21043 (80%)$7,028
2015-1648 (92%)$3,65730 (58%)$2,91533 (63%)$5,875
2016-1749 (91%)$3,78530 (56%)$3,39632 (59%)$6,613
2017-1836 (88%)$3,85518 (44%)$4,80719 (46%)$5,849
2018-1931 (78%)$10,53721 (53%)$4,98422 (55%)$10,090
2019-2022 (54%)$6,20722 (54%)$4,86022 (54%)$5,933
2020-2124 (42%)$5,34024 (42%)$5,34027 (47%)$7,799
2021-2233 (52%)$5,71133 (52%)$5,71143 (68%)$6,230
2022-2332 (65%)$6,29832 (65%)$6,29830 (61%)$6,200
Average36 (71.67%)$5,47627 (54.56%)$4,61330 (59.22%)$6,846
*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, 11 (61.11 % of students) received grants or scholarships and its average amount is $4,237. It can cover 18.89% of tuition & fees ($22,425).

In addition, 11 (61.89 % of students) students get helped from the students loans (average amount : $6,013).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1510 (53%)$3,95215 (79%)$6,327
2015-1616 (80%)$3,60514 (70%)$6,554
2016-1714 (78%)$3,55013 (72%)$6,361
2017-1810 (77%)$3,7539 (69%)$6,454
2018-198 (53%)$4,1567 (47%)$5,539
2019-2010 (63%)$4,65611 (69%)$5,528
2020-2112 (63%)$4,8889 (47%)$5,532
2021-229 (38%)$4,62813 (54%)$5,854
2022-2310 (45%)$4,94511 (50%)$5,965
Average11 (61.11%)$4,23711 (61.89%)$6,013
*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, 11 (61.11 % of students) received Pell (federal) grants and its average amount is $4,237.

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
2014-1510 (53%)$3,952------
2015-1616 (80%)$3,605------
2016-1714 (78%)$3,550------
2017-1810 (77%)$3,753------
2018-198 (53%)$4,156------
2019-2010 (63%)$4,656------
2020-2112 (63%)$4,888------
2021-229 (38%)$4,628------
2022-2310 (45%)$4,945------
Average11 (61.11%)$4,237------
*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, 11 (61.89 % of students) get any students loan help and its average loan amount is $11.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1515 (79%)$6,32715 (79%)$6,327--
2015-1614 (70%)$6,55414 (70%)$6,554--
2016-1713 (72%)$6,36113 (72%)$6,361--
2017-189 (69%)$6,4549 (69%)$6,454--
2018-197 (47%)$5,5397 (47%)$5,539--
2019-2011 (69%)$5,52811 (69%)$5,528--
2020-219 (47%)$5,5329 (47%)$5,532--
2021-2213 (54%)$5,85413 (54%)$5,854--
2022-2311 (50%)$5,96511 (50%)$5,965--
Average11 (61.89%)$6,01311 (61.89%)$6,013--

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