Scholarships, Grants, and Loan Trends at Olney Central

1%

Received Percent Changed

$2,203

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 982, which is 88.67 % of all undergraduate students. 101 students which is 9.00% of undergraduate students received federal student loans and the average loan amount is $4,728.

For full-time, first-time beginning students (freshmen), 97.44% of students received grants or scholarships and 12% 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 Illinois Eastern Community Colleges since 2014.

For that period, the average number of students who received grants aid/scholarships is 982, which is 88.67 % of all undergraduate students. 101 students which is 9.00% of undergraduate students received federal student loans and the average loan amount is $4,728.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,303 (93%)$3,047509 (36%)$4,699113 (8%)$3,672
2015-161,199 (93%)$4,009462 (36%)$4,689109 (8%)$3,767
2016-171,057 (88%)$2,726394 (33%)$4,063129 (11%)$4,226
2017-18998 (87%)$3,490381 (33%)$5,649130 (11%)$5,028
2018-19997 (90%)$3,805403 (36%)$5,631121 (11%)$5,156
2019-20726 (70%)$5,124354 (34%)$5,623108 (10%)$5,043
2020-21804 (89%)$4,938276 (30%)$5,36869 (8%)$5,073
2021-22935 (94%)$4,728282 (28%)$5,97969 (7%)$5,195
2022-23817 (94%)$5,250296 (34%)$5,87561 (7%)$5,389
Average982 (88.67%)$4,124373 (33.33%)$5,286101 (9.00%)$4,728
*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, 198 (97.44 % of students) received grants or scholarships and its average amount is $5,418. It can cover 43.49% of tuition & fees ($12,460) based on out-of-state rate.

In addition, 24 (12.00 % of students) students get helped from the students loans (average amount : $4,407).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15189 (97%)$4,61215 (8%)$3,464
2015-16174 (97%)$3,69618 (10%)$4,034
2016-17150 (97%)$3,72228 (18%)$3,577
2017-18214 (99%)$4,54532 (15%)$3,723
2018-19233 (100%)$4,93339 (17%)$4,299
2019-20220 (97%)$5,29426 (11%)$4,348
2020-21190 (95%)$6,66720 (10%)$5,064
2021-22211 (96%)$7,61918 (8%)$4,962
2022-23201 (99%)$7,67722 (11%)$6,196
Average198 (97.44%)$5,41824 (12.00%)$4,407
*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, 98 (48.22 % of students) received Pell (federal) grants and its average amount is $5,178.

In addition, 54 students received State/local government grants/scholarships (26.67 % 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
2014-15110 (56%)$4,63539 (20%)$69348 (25%)$1,000181 (93%)$1,584
2015-1682 (46%)$3,87416 (9%)$95628 (16%)$1,379137 (76%)$1,982
2016-1776 (49%)$4,14920 (13%)$66031 (20%)$991147 (95%)$1,355
2017-18105 (48%)$5,33033 (15%)$85945 (21%)$1,469154 (71%)$2,069
2018-19117 (50%)$5,73552 (22%)$60057 (24%)$1,386169 (72%)$2,179
2019-20106 (47%)$5,083171 (75%)$89058 (26%)$924172 (76%)$2,442
2020-2188 (44%)$5,439101 (51%)$1,55365 (33%)$1,078143 (72%)$3,924
2021-22102 (47%)$5,923200 (91%)$2,53983 (38%)$1,401158 (72%)$2,402
2022-2396 (47%)$6,431188 (92%)$2,01475 (37%)$1,807167 (82%)$2,465
Average98 (48.22%)$5,17891 (43.11%)$1,19654 (26.67%)$1,271159 (78.78%)$2,267
*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, 24 (12.00 % of students) get any students loan help and its average loan amount is $24.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1515 (8%)$3,46415 (8%)$3,464--
2015-1618 (10%)$4,03416 (9%)$3,8382 (1%)$5,600
2016-1728 (18%)$3,57728 (18%)$3,577--
2017-1832 (15%)$3,72332 (15%)$3,723--
2018-1939 (17%)$4,29939 (17%)$4,2221 (0%)$3,000
2019-2026 (11%)$4,34823 (10%)$3,9984 (2%)$5,270
2020-2120 (10%)$5,06418 (9%)$4,9042 (1%)$6,500
2021-2218 (8%)$4,96218 (8%)$4,962--
2022-2322 (11%)$6,19618 (9%)$4,9705 (2%)$9,368
Average24 (12.00%)$4,40723 (11.44%)$4,1843 (1.50%)$5,948

Ratings & Review

Share your experiences and thoughts about Illinois Eastern Community Colleges. It will be a great help to applicants and prospective students!