Scholarships, Grants, and Loan Trends at KBOCC

-6%

Received Percent Changed

-$203

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 76, which is 79.22 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 88.11% of students received grants or scholarships and 0% 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 Keweenaw Bay Ojibwa Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 76, which is 79.22 % of all undergraduate students.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1577 (87%)$6,27866 (74%)$5,378--
2015-1674 (73%)$2,67454 (53%)$2,238--
2016-1782 (79%)$4,64558 (56%)$3,633--
2017-1874 (76%)$5,14562 (63%)$3,690--
2018-1963 (75%)$4,92834 (40%)$4,505--
2019-2079 (93%)$5,62653 (62%)$4,562--
2020-2144 (56%)$3,96141 (52%)$2,229--
2021-2270 (93%)$3,43546 (61%)$2,249--
2022-23122 (81%)$6,07578 (52%)$3,904--
Average76 (79.22%)$4,75255 (57.00%)$3,599--
*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, 8 (88.11 % of students) received grants or scholarships and its average amount is $5,402. It can cover 108.03% of tuition & fees ($5,000) based on out-of-state rate.

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158 (67%)$4,984--
2015-164 (100%)$4,990--
2016-176 (100%)$5,616--
2017-189 (90%)$2,689--
2018-199 (82%)$5,795--
2019-2013 (76%)$4,599--
2020-2110 (100%)$3,274--
2021-229 (90%)$5,034--
2022-237 (88%)$11,633--
Average8 (88.11%)$5,402--
*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, 7 (73.78 % of students) received Pell (federal) grants and its average amount is $4,074.

In addition, 4 students received State/local government grants/scholarships (41.13 % 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
2014-157 (58%)$5,0662 (17%)$4001 (8%)$1,4581 (8%)$2,150
2015-164 (100%)$3,4191 (25%)$1,5341 (25%)$2,7503 (75%)$667
2016-176 (100%)$3,3956 (100%)$1,4493 (50%)$1,4331 (17%)$333
2017-186 (60%)$3,6183 (30%)$733--1 (10%)$300
2018-196 (55%)$5,4526 (55%)$6004 (36%)$2,4482 (18%)$3,025
2019-2013 (76%)$3,5155 (29%)$2802 (12%)$4,1006 (35%)$750
2020-217 (70%)$2,5663 (30%)$2305 (50%)$2,0933 (30%)$1,208
2021-227 (70%)$2,9665 (50%)$1596 (60%)$2,0255 (50%)$2,320
2022-236 (75%)$6,6725 (63%)$1,7057 (88%)$3,9113 (38%)$1,833
Average7 (73.78%)$4,0744 (44.33%)$7884 (41.13%)$2,5273 (31.22%)$1,398
*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.

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