Scholarships, Grants, and Loan Trends at Montgomery CC

49%

Received Percent Changed

-$1,959

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 477, which is 57.00 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 68.67% of students received grants or scholarships and 2% 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 Montgomery Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 477, which is 57.00 % of all undergraduate students.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15419 (49%)$4,658335 (39%)$4,634--
2015-16385 (48%)$4,405294 (36%)$5,041--
2016-17369 (47%)$2,491276 (35%)$2,250--
2017-18362 (39%)$5,149267 (29%)$4,951--
2018-19662 (79%)$5,964253 (30%)$2,237--
2019-20493 (54%)$2,404263 (29%)$2,037--
2020-21288 (42%)$3,799212 (31%)$4,119--
2021-22408 (57%)$5,344235 (33%)$7,165--
2022-23908 (98%)$2,699262 (28%)$3,664--
Average477 (57.00%)$4,101266 (32.22%)$4,011--
*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, 46 (68.67 % of students) received grants or scholarships and its average amount is $5,017. It can cover 57.78% of tuition & fees ($8,682) based on out-of-state rate.

In addition, 2 (2.00 % of students) students get helped from the students loans (average amount : $14,789).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1550 (60%)$4,6801 (1%)$3,000
2015-1649 (66%)$4,7301 (1%)$16,000
2016-1758 (62%)$5,0792 (2%)$18,250
2017-1882 (73%)$4,9095 (4%)$20,000
2018-1950 (68%)$5,0821 (1%)$20,999
2019-2058 (89%)$4,2872 (3%)$5,275
2020-2119 (48%)$4,606--
2021-2225 (93%)$5,934--
2022-2324 (59%)$5,8441 (2%)$20,000
Average46 (68.67%)$5,0172 (2.00%)$14,789
*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, 30 (43.00 % of students) received Pell (federal) grants and its average amount is $5,459.

In addition, 15 students received State/local government grants/scholarships (23.00 % 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
2014-1537 (44%)$4,8957 (8%)$29114 (17%)$1,26514 (17%)$2,365
2015-1634 (46%)$5,0349 (12%)$66513 (18%)$1,73014 (19%)$2,297
2016-1745 (48%)$4,79413 (14%)$18720 (21%)$2,30418 (19%)$1,685
2017-1853 (47%)$5,33912 (11%)$2,73821 (19%)$1,35825 (22%)$2,327
2018-1929 (39%)$5,7408 (11%)$24528 (38%)$1,33119 (26%)$2,546
2019-2033 (51%)$5,01445 (69%)$61413 (20%)$1,58514 (22%)$2,499
2020-2113 (33%)$5,3858 (20%)$3024 (10%)$1,4695 (13%)$1,842
2021-229 (33%)$8,0935 (19%)$9,0328 (30%)$2,1346 (22%)$2,214
2022-2319 (46%)$4,8419 (22%)$25014 (34%)$2,2155 (12%)$3,006
Average30 (43.00%)$5,45913 (20.67%)$1,59215 (23.00%)$1,71013 (19.11%)$2,309
*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, 2 (2.00 % of students) get any students loan help and its average loan amount is $2.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151 (1%)$3,000--1 (1%)$3,000
2015-161 (1%)$16,000--1 (1%)$16,000
2016-172 (2%)$18,250--2 (2%)$18,250
2017-185 (4%)$20,000--5 (4%)$20,000
2018-191 (1%)$20,999--1 (1%)$20,999
2019-202 (3%)$5,275--2 (3%)$5,275
2020-21------
2021-22------
2022-231 (2%)$20,000--1 (2%)$20,000
Average2 (2.00%)$14,789--2 (2.00%)$14,789

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