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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Rhode Island College since 2011.
For that period, the average number of students who received grants aid/scholarships is 4,536, which is 65.91 % of all undergraduate students. 3,873 students which is 55.18% of undergraduate students received federal student loans and the average loan amount is $6,180.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-124,592 (59%)$4,7033,031 (39%)$3,7004,388 (57%)$6,225
2012-134,447 (59%)$4,7122,943 (39%)$3,7624,331 (57%)$6,408
2013-144,564 (61%)$5,0733,104 (41%)$3,8864,315 (57%)$6,312
2014-154,613 (61%)$5,0173,231 (43%)$3,9194,362 (58%)$6,174
2015-164,357 (59%)$5,5483,140 (42%)$3,9604,272 (57%)$6,188
2016-174,367 (59%)$5,5523,117 (42%)$3,9934,191 (57%)$6,055
2017-184,421 (62%)$6,0133,254 (46%)$4,2204,025 (57%)$6,048
2018-194,152 (62%)$5,9573,043 (46%)$4,2343,673 (55%)$6,072
2019-204,907 (76%)$5,6742,929 (46%)$4,2883,540 (55%)$6,111
2020-215,975 (100%)$5,4832,620 (44%)$4,3773,026 (50%)$6,090
2021-223,496 (67%)$6,6292,248 (43%)$4,4052,483 (47%)$6,292
Average4,536 (65.91%)$5,4872,969 (42.82%)$4,0683,873 (55.18%)$6,180

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 685 (71.73 % of students) received grants or scholarships and its average amount is $6,684. It can cover 25.20% of tuition & fees ($26,519) based on out-of-state rate.
In addition, 625 (64.64 % of students) students get helped from the students loans (average amount : $6,341).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12650 (69%)$6,163641 (68%)$5,624
2012-13694 (67%)$6,173681 (66%)$6,607
2013-14779 (69%)$7,134742 (66%)$6,362
2014-15729 (68%)$6,467705 (66%)$6,132
2015-16700 (64%)$6,763733 (67%)$6,133
2016-17761 (66%)$6,877779 (68%)$6,309
2017-18728 (71%)$7,556678 (66%)$6,021
2018-19576 (69%)$7,347540 (65%)$6,619
2019-20772 (84%)$6,389613 (67%)$6,584
2020-21780 (100%)$5,118428 (55%)$6,255
2021-22363 (62%)$7,537334 (57%)$7,110
Average685 (71.73%)$6,684625 (64.64%)$6,341
*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 12 years, on average, 488 (50.73 % of students) received Pell (federal) grants and its average amount is $4,577.
In addition, 209 students received State/local government grants/scholarships (20.00 % 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
2011-12434 (46%)$4,208296 (31%)$393485 (51%)$788416 (44%)$4,041
2012-13451 (43%)$4,322326 (31%)$433536 (52%)$799391 (38%)$4,513
2013-14557 (49%)$4,470416 (37%)$507603 (53%)$806413 (37%)$5,740
2014-15528 (49%)$4,442393 (37%)$495571 (53%)$575417 (39%)$4,428
2015-16544 (50%)$4,465409 (38%)$40842 (4%)$2,287457 (42%)$4,470
2016-17617 (54%)$4,517467 (41%)$42810 (1%)$6,168478 (42%)$4,571
2017-18583 (57%)$4,760451 (44%)$4488 (1%)$5,010480 (47%)$5,174
2018-19476 (57%)$4,802351 (42%)$42412 (1%)$8,214447 (54%)$3,800
2019-20512 (56%)$4,749685 (75%)$84712 (1%)$8,738438 (48%)$4,146
2020-21388 (50%)$4,828778 (100%)$84212 (2%)$8,074397 (51%)$3,443
2021-22274 (47%)$4,779193 (33%)$5313 (1%)$8,639334 (57%)$3,887
Average488 (50.73%)$4,577433 (46.27%)$523209 (20.00%)$4,554424 (45.36%)$4,383
*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 12 years, on average, 625 (64.64 % of students) get any students loan help and its average loan amount is $625.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12641 (68%)$5,624634 (67%)$4,99247 (5%)$9,361
2012-13681 (66%)$6,607672 (65%)$5,33789 (9%)$10,258
2013-14742 (66%)$6,362732 (65%)$5,10092 (8%)$10,737
2014-15705 (66%)$6,132691 (64%)$5,02194 (9%)$9,081
2015-16733 (67%)$6,133724 (67%)$4,93998 (9%)$9,384
2016-17779 (68%)$6,309761 (66%)$4,914111 (10%)$10,582
2017-18678 (66%)$6,021668 (65%)$4,87076 (7%)$10,907
2018-19540 (65%)$6,619527 (63%)$4,86984 (10%)$12,004
2019-20613 (67%)$6,584602 (66%)$5,00498 (11%)$10,442
2020-21428 (55%)$6,255413 (53%)$4,73769 (9%)$10,448
2021-22334 (57%)$7,110326 (56%)$4,94259 (10%)$12,943
Average625 (64.64%)$6,341614 (63.36%)$4,97583 (8.82%)$10,559

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