Scholarships, Grants, and Loan Trends at North Iowa Area CC

1%

Received Percent Changed

$2,488

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,427, which is 50.78 % of all undergraduate students. 840 students which is 29.78% of undergraduate students received federal student loans and the average loan amount is $4,513.

For full-time, first-time beginning students (freshmen), 87.00% of students received grants or scholarships and 45% 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 North Iowa Area Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,427, which is 50.78 % of all undergraduate students. 840 students which is 29.78% of undergraduate students received federal student loans and the average loan amount is $4,513.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,363 (46%)$3,611960 (33%)$3,6411,056 (36%)$4,451
2015-161,271 (43%)$3,476891 (30%)$3,330965 (33%)$4,369
2016-171,273 (42%)$3,984785 (26%)$3,441906 (30%)$4,473
2017-181,346 (46%)$4,228811 (28%)$3,552928 (31%)$4,420
2018-191,304 (44%)$4,566816 (27%)$3,817832 (28%)$4,377
2019-202,069 (71%)$4,576831 (29%)$4,452798 (28%)$4,304
2020-211,628 (61%)$4,353664 (25%)$3,910651 (24%)$4,505
2021-221,422 (57%)$6,284545 (22%)$4,325907 (37%)$4,352
2022-231,169 (47%)$6,099584 (24%)$4,340520 (21%)$5,362
Average1,427 (50.78%)$4,575765 (27.11%)$3,868840 (29.78%)$4,513
*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, 484 (87.00 % of students) received grants or scholarships and its average amount is $4,905. It can cover 51.35% of tuition & fees ($9,551) based on out-of-state rate.

In addition, 251 (44.56 % of students) students get helped from the students loans (average amount : $4,636).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15446 (78%)$3,914258 (45%)$4,535
2015-16449 (83%)$3,593293 (54%)$4,020
2016-17486 (79%)$3,783275 (45%)$4,551
2017-18506 (88%)$4,144465 (81%)$4,683
2018-19489 (79%)$4,608241 (39%)$4,549
2019-20568 (93%)$5,590237 (39%)$4,294
2020-21491 (93%)$5,329190 (36%)$4,931
2021-22477 (100%)$6,774151 (32%)$5,001
2022-23446 (90%)$6,409149 (30%)$5,159
Average484 (87.00%)$4,905251 (44.56%)$4,636
*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, 234 (41.56 % of students) received Pell (federal) grants and its average amount is $4,385.

In addition, 86 students received State/local government grants/scholarships (15.89 % 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
2014-15254 (44%)$3,98147 (8%)$47643 (7%)$1,962305 (53%)$2,058
2015-16243 (45%)$3,70455 (10%)$48229 (5%)$2,428325 (60%)$1,897
2016-17259 (42%)$3,78145 (7%)$51953 (9%)$1,985337 (55%)$2,168
2017-18259 (45%)$4,44334 (6%)$60569 (12%)$1,750334 (58%)$2,409
2018-19274 (44%)$4,38766 (11%)$43290 (15%)$1,946375 (61%)$2,260
2019-20240 (39%)$4,945457 (75%)$674127 (21%)$4,306405 (67%)$2,799
2020-21206 (39%)$4,544436 (83%)$661124 (24%)$3,603330 (63%)$2,865
2021-22184 (38%)$4,493476 (99%)$1,934105 (22%)$3,960318 (66%)$3,358
2022-23189 (38%)$5,18777 (16%)$446137 (28%)$4,510352 (71%)$3,482
Average234 (41.56%)$4,385188 (35.00%)$69286 (15.89%)$2,939342 (61.56%)$2,588
*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, 251 (44.56 % of students) get any students loan help and its average loan amount is $251.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15258 (45%)$4,535258 (45%)$4,4285 (1%)$5,526
2015-16293 (54%)$4,020293 (54%)$3,9156 (1%)$5,140
2016-17275 (45%)$4,551275 (45%)$4,4755 (1%)$4,180
2017-18465 (81%)$4,683465 (81%)$4,51412 (2%)$6,513
2018-19241 (39%)$4,549239 (39%)$4,3649 (1%)$5,936
2019-20237 (39%)$4,294236 (39%)$4,1459 (1%)$4,387
2020-21190 (36%)$4,931190 (36%)$4,6777 (1%)$6,882
2021-22151 (32%)$5,001151 (32%)$4,6718 (2%)$6,230
2022-23149 (30%)$5,159148 (30%)$4,8615 (1%)$9,858
Average251 (44.56%)$4,636251 (44.56%)$4,4507 (1.22%)$6,072

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