All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Reading Area Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,095, which is 72.56 % of all undergraduate students. 1,461 students which is 34.56% of undergraduate students received federal student loans and the average loan amount is $5,868.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,027 (67%)$3,5682,795 (62%)$3,0882,041 (45%)$6,338
2014-153,331 (79%)$2,9362,624 (63%)$2,9441,793 (43%)$5,886
2015-162,479 (61%)$7,4052,270 (56%)$3,2191,565 (38%)$5,788
2016-173,386 (82%)$3,4063,026 (74%)$2,9871,945 (47%)$5,247
2017-182,559 (61%)$4,0552,288 (54%)$3,5541,496 (36%)$5,775
2018-192,473 (59%)$4,2842,209 (53%)$3,7621,347 (32%)$5,766
2019-202,823 (66%)$4,0392,239 (52%)$3,7191,304 (30%)$5,988
2020-213,100 (79%)$3,7741,931 (49%)$3,606962 (25%)$5,964
2021-224,677 (99%)$3,5241,837 (39%)$3,648696 (15%)$6,060
Average3,095 (72.56%)$4,1102,358 (55.78%)$3,3921,461 (34.56%)$5,868

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 288 (89.78 % of students) received grants or scholarships and its average amount is $5,560. It can cover 46.22% of tuition & fees ($12,030) based on out-of-state rate.
In addition, 110 (35.67 % of students) students get helped from the students loans (average amount : $4,969).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14234 (93%)$4,371118 (47%)$5,375
2014-15211 (92%)$4,096121 (53%)$5,064
2015-16271 (87%)$5,211108 (35%)$5,033
2016-17268 (91%)$4,580118 (40%)$4,673
2017-18233 (76%)$5,596122 (40%)$4,659
2018-19322 (83%)$5,160126 (32%)$4,562
2019-20394 (91%)$8,749136 (31%)$4,959
2020-21324 (95%)$5,33395 (28%)$5,261
2021-22333 (100%)$6,94249 (15%)$5,137
Average288 (89.78%)$5,560110 (35.67%)$4,969
*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, 210 (66.11 % of students) received Pell (federal) grants and its average amount is $4,680.
In addition, 125 students received State/local government grants/scholarships (39.33 % 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
2013-14180 (72%)$4,17735 (14%)$318108 (43%)$1,31761 (24%)$1,930
2014-15158 (69%)$4,13620 (9%)$274105 (46%)$1,26344 (19%)$1,654
2015-16214 (69%)$5,04233 (11%)$446133 (43%)$1,46557 (18%)$2,168
2016-17207 (70%)$4,30629 (10%)$542119 (40%)$1,67551 (17%)$2,378
2017-18207 (68%)$4,72340 (13%)$489115 (38%)$1,35862 (20%)$2,427
2018-19245 (63%)$4,88657 (15%)$324160 (41%)$1,41582 (21%)$2,679
2019-20287 (66%)$4,885373 (86%)$4,151167 (39%)$1,45294 (22%)$2,708
2020-21199 (59%)$4,750316 (93%)$1,039126 (37%)$1,57191 (27%)$2,819
2021-22196 (59%)$5,219333 (100%)$2,54290 (27%)$2,03188 (26%)$2,949
Average210 (66.11%)$4,680137 (39.00%)$1,125125 (39.33%)$1,50570 (21.56%)$2,412
*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, 110 (35.67 % of students) get any students loan help and its average loan amount is $110.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14118 (47%)$5,375118 (47%)$5,375--
2014-15121 (53%)$5,064121 (53%)$5,064--
2015-16108 (35%)$5,033108 (35%)$5,033--
2016-17118 (40%)$4,673118 (40%)$4,673--
2017-18122 (40%)$4,659122 (40%)$4,659--
2018-19126 (32%)$4,562126 (32%)$4,562--
2019-20136 (31%)$4,959136 (31%)$4,959--
2020-2195 (28%)$5,26195 (28%)$5,261--
2021-2249 (15%)$5,13749 (15%)$5,137--
Average110 (35.67%)$4,969110 (35.67%)$4,969--
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