Scholarships, Grants, and Loan Trends at Iowa Central CC

4%

Received Percent Changed

$1,240

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,765, which is 51.78 % of all undergraduate students. 1,993 students which is 37.11% of undergraduate students received federal student loans and the average loan amount is $5,856.

For full-time, first-time beginning students (freshmen), 89.56% of students received grants or scholarships and 60% 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 Iowa Central Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,765, which is 51.78 % of all undergraduate students. 1,993 students which is 37.11% of undergraduate students received federal student loans and the average loan amount is $5,856.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,825 (50%)$4,5092,062 (36%)$4,0182,386 (42%)$5,641
2015-162,956 (52%)$4,2561,845 (33%)$4,0352,242 (40%)$5,807
2016-172,711 (47%)$4,3951,832 (32%)$3,9012,203 (39%)$5,837
2017-182,876 (50%)$5,1211,974 (34%)$4,0612,046 (35%)$5,760
2018-192,623 (49%)$4,8581,811 (34%)$4,3672,100 (39%)$6,015
2019-202,637 (50%)$5,1801,719 (33%)$4,0861,876 (36%)$5,935
2020-212,596 (55%)$5,6021,456 (31%)$4,3131,896 (40%)$5,902
2021-222,944 (59%)$6,5611,514 (30%)$4,4201,577 (31%)$5,652
2022-232,720 (54%)$5,7491,580 (31%)$4,5931,612 (32%)$6,158
Average2,765 (51.78%)$5,1371,755 (32.67%)$4,1991,993 (37.11%)$5,856
*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.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 972 (89.56 % of students) received grants or scholarships and its average amount is $5,280. It can cover 67.79% of tuition & fees ($7,788) based on out-of-state rate.

In addition, 651 (59.56 % of students) students get helped from the students loans (average amount : $5,257).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,048 (87%)$4,382829 (69%)$5,198
2015-16904 (83%)$4,461710 (65%)$5,143
2016-17994 (86%)$4,261736 (64%)$5,229
2017-181,048 (88%)$4,874701 (59%)$5,153
2018-19954 (87%)$5,021647 (59%)$5,373
2019-20925 (90%)$5,286556 (54%)$5,372
2020-21960 (93%)$5,862690 (67%)$5,164
2021-22964 (99%)$7,499461 (47%)$5,210
2022-23948 (93%)$5,871525 (52%)$5,471
Average972 (89.56%)$5,280651 (59.56%)$5,257
*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, 599 (54.89 % of students) received Pell (federal) grants and its average amount is $4,595.

In addition, 186 students received State/local government grants/scholarships (17.56 % 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
2014-15721 (60%)$4,23663 (5%)$860198 (16%)$1,972676 (56%)$1,617
2015-16568 (52%)$4,33484 (8%)$847127 (12%)$1,925639 (59%)$1,964
2016-17637 (55%)$4,159110 (9%)$869135 (12%)$1,882721 (62%)$1,714
2017-18703 (59%)$4,559130 (11%)$3,908117 (10%)$1,303703 (59%)$1,768
2018-19640 (58%)$4,715164 (15%)$1,773125 (11%)$1,671669 (61%)$1,902
2019-20585 (57%)$4,311365 (36%)$1,783151 (15%)$2,862632 (61%)$2,033
2020-21504 (49%)$4,878778 (76%)$1,256324 (32%)$2,797743 (72%)$1,730
2021-22503 (52%)$4,948881 (90%)$2,799226 (23%)$3,731686 (70%)$2,086
2022-23532 (52%)$5,21291 (9%)$865275 (27%)$4,008741 (73%)$2,175
Average599 (54.89%)$4,595296 (28.78%)$1,662186 (17.56%)$2,461690 (63.67%)$1,888
*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, 651 (59.56 % of students) get any students loan help and its average loan amount is $651.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15829 (69%)$5,198827 (69%)$5,05119 (2%)$6,936
2015-16710 (65%)$5,143707 (65%)$5,01518 (2%)$5,911
2016-17736 (64%)$5,229735 (63%)$5,05322 (2%)$6,110
2017-18701 (59%)$5,153700 (59%)$4,99921 (2%)$5,375
2018-19647 (59%)$5,373644 (59%)$5,02032 (3%)$7,604
2019-20556 (54%)$5,372552 (54%)$5,07526 (3%)$7,136
2020-21690 (67%)$5,164684 (67%)$4,94125 (2%)$7,338
2021-22461 (47%)$5,210459 (47%)$4,94318 (2%)$7,377
2022-23525 (52%)$5,471524 (52%)$5,07726 (3%)$8,142
Average651 (59.56%)$5,257648 (59.44%)$5,01923 (2.33%)$6,881

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