Scholarships, Grants, and Loan Trends at Sierra

-9%

Received Percent Changed

$985

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 9,425, which is 53.44 % of all undergraduate students. 603 students which is 3.44% of undergraduate students received federal student loans and the average loan amount is $7,123.

For full-time, first-time beginning students (freshmen), 71.00% 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 Sierra College since 2014.

For that period, the average number of students who received grants aid/scholarships is 9,425, which is 53.44 % of all undergraduate students. 603 students which is 3.44% of undergraduate students received federal student loans and the average loan amount is $7,123.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1510,858 (58%)$2,9195,782 (31%)$3,5711,073 (6%)$7,159
2015-1610,146 (56%)$3,0795,356 (29%)$3,622973 (5%)$7,190
2016-179,468 (53%)$3,1104,865 (27%)$3,623809 (5%)$7,072
2017-189,145 (50%)$3,2294,632 (25%)$3,775678 (4%)$7,070
2018-199,544 (52%)$3,1834,253 (23%)$3,931561 (3%)$6,971
2019-2010,147 (56%)$3,2154,597 (25%)$3,889515 (3%)$6,746
2020-2110,072 (58%)$3,3873,741 (21%)$3,970306 (2%)$7,320
2021-227,792 (49%)$4,9283,119 (20%)$3,965235 (1%)$7,404
2022-237,657 (49%)$3,9043,141 (20%)$4,246280 (2%)$7,178
Average9,425 (53.44%)$3,4394,387 (24.56%)$3,844603 (3.44%)$7,123
*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, 1,248 (71.00 % of students) received grants or scholarships and its average amount is $4,316. It can cover 298.50% of tuition & fees ($1,446) based on out-of-state rate.

In addition, 40 (2.44 % of students) students get helped from the students loans (average amount : $5,567).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,069 (60%)$4,19868 (4%)$5,798
2015-16886 (54%)$4,43075 (5%)$5,951
2016-17933 (54%)$4,70948 (3%)$5,097
2017-18911 (51%)$5,28252 (3%)$4,966
2018-191,548 (80%)$3,91140 (2%)$4,829
2019-201,817 (89%)$3,62834 (2%)$5,880
2020-211,657 (91%)$3,67011 (1%)$7,230
2021-221,162 (82%)$5,06720 (1%)$5,567
2022-231,247 (78%)$3,95212 (1%)$4,784
Average1,248 (71.00%)$4,31640 (2.44%)$5,567
*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, 571 (32.44 % of students) received Pell (federal) grants and its average amount is $4,793.

In addition, 1,231 students received State/local government grants/scholarships (70.00 % 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
2014-15675 (38%)$4,391101 (6%)$5511,046 (58%)$1,403--
2015-16550 (34%)$4,49626 (2%)$496869 (53%)$1,656--
2016-17565 (32%)$4,61657 (3%)$493918 (53%)$1,91115 (1%)$184
2017-18590 (33%)$4,813109 (6%)$565901 (51%)$2,11619 (1%)$256
2018-19626 (32%)$4,894121 (6%)$5581,529 (79%)$1,883124 (6%)$354
2019-20713 (35%)$4,982180 (9%)$4951,808 (89%)$1,62151 (3%)$378
2020-21525 (29%)$4,9031,255 (69%)$6291,635 (90%)$1,65728 (2%)$361
2021-22417 (29%)$4,774725 (51%)$3,0401,139 (80%)$1,47747 (3%)$232
2022-23481 (30%)$5,26753 (3%)$1,2881,232 (77%)$1,87052 (3%)$434
Average571 (32.44%)$4,793292 (17.22%)$9021,231 (70.00%)$1,73348 (2.71%)$314
*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, 40 (2.44 % of students) get any students loan help and its average loan amount is $40.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1568 (4%)$5,79868 (4%)$5,798--
2015-1675 (5%)$5,95175 (5%)$5,951--
2016-1748 (3%)$5,09748 (3%)$5,097--
2017-1852 (3%)$4,96652 (3%)$4,966--
2018-1940 (2%)$4,82940 (2%)$4,829--
2019-2034 (2%)$5,88034 (2%)$5,880--
2020-2111 (1%)$7,23011 (1%)$7,230--
2021-2220 (1%)$5,56720 (1%)$5,567--
2022-2312 (1%)$4,78412 (1%)$4,784--
Average40 (2.44%)$5,56740 (2.44%)$5,567--

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