All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Somerset Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,196, which is 86.22 % of all undergraduate students. 1,872 students which is 29.67% of undergraduate students received federal student loans and the average loan amount is $5,140.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,777 (77%)$4,0474,705 (63%)$3,6583,345 (45%)$5,546
2014-155,389 (77%)$4,2474,591 (66%)$3,6852,913 (42%)$4,978
2015-165,163 (81%)$4,2033,908 (61%)$3,7102,224 (35%)$5,133
2016-175,733 (87%)$3,5383,414 (52%)$3,6351,952 (29%)$5,019
2017-185,137 (87%)$4,0003,290 (56%)$3,8041,693 (29%)$5,158
2018-195,330 (91%)$3,8873,171 (54%)$3,7831,555 (26%)$5,215
2019-204,997 (89%)$4,1012,823 (50%)$3,7271,335 (24%)$4,981
2020-214,311 (89%)$4,5622,429 (50%)$4,0451,022 (21%)$5,146
2021-224,928 (98%)$5,1312,269 (45%)$4,021809 (16%)$5,084
Average5,196 (86.22%)$4,1913,400 (55.22%)$3,7851,872 (29.67%)$5,140

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

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 730 (97.11 % of students) received grants or scholarships and its average amount is $6,275. It can cover 101.34% of tuition & fees ($6,192) based on out-of-state rate.
In addition, 196 (25.33 % of students) students get helped from the students loans (average amount : $4,330).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14829 (96%)$5,420356 (41%)$4,675
2014-15865 (97%)$5,090287 (32%)$4,369
2015-16774 (96%)$5,682198 (25%)$4,411
2016-17673 (97%)$5,168214 (31%)$4,233
2017-18774 (96%)$5,808214 (27%)$4,189
2018-19788 (97%)$6,182167 (20%)$4,123
2019-20689 (98%)$6,674144 (21%)$4,506
2020-21603 (97%)$7,466110 (18%)$4,428
2021-22571 (100%)$8,98272 (13%)$4,040
Average730 (97.11%)$6,275196 (25.33%)$4,330
*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, 566 (74.89 % of students) received Pell (federal) grants and its average amount is $4,467.
In addition, 629 students received State/local government grants/scholarships (84.33 % 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
2013-14681 (79%)$4,40646 (5%)$743596 (69%)$2,20568 (8%)$2,127
2014-15722 (81%)$4,24974 (8%)$705644 (72%)$1,75283 (9%)$1,866
2015-16621 (77%)$4,30852 (6%)$685662 (82%)$2,052128 (16%)$2,562
2016-17509 (73%)$4,13336 (5%)$802566 (81%)$1,984112 (16%)$1,988
2017-18594 (74%)$4,48579 (10%)$831666 (83%)$2,135139 (17%)$2,474
2018-19612 (75%)$4,42996 (12%)$742751 (92%)$2,246152 (19%)$2,652
2019-20508 (73%)$4,543213 (30%)$1,337666 (95%)$2,421191 (27%)$2,059
2020-21445 (72%)$4,911406 (65%)$1,059580 (93%)$2,540210 (34%)$1,970
2021-22401 (70%)$4,737561 (98%)$2,479528 (92%)$2,549234 (41%)$2,105
Average566 (74.89%)$4,467174 (26.56%)$1,043629 (84.33%)$2,209146 (20.78%)$2,200
*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, 196 (25.33 % of students) get any students loan help and its average loan amount is $196.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14356 (41%)$4,675356 (41%)$4,675--
2014-15287 (32%)$4,369287 (32%)$4,369--
2015-16198 (25%)$4,411198 (25%)$4,411--
2016-17214 (31%)$4,233214 (31%)$4,233--
2017-18214 (27%)$4,189214 (27%)$4,189--
2018-19167 (20%)$4,123167 (20%)$4,123--
2019-20144 (21%)$4,506144 (21%)$4,506--
2020-21110 (18%)$4,428110 (18%)$4,428--
2021-2272 (13%)$4,04072 (13%)$4,040--
Average196 (25.33%)$4,330196 (25.33%)$4,330--
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