Scholarships, Grants, and Loan Trends at St Cloud Technical and CC

1%

Received Percent Changed

$777

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,722, which is 65.22 % of all undergraduate students. 1,608 students which is 37.56% of undergraduate students received federal student loans and the average loan amount is $5,659.

For full-time, first-time beginning students (freshmen), 66.33% of students received grants or scholarships and 45% 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 St Cloud Technical and Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,722, which is 65.22 % of all undergraduate students. 1,608 students which is 37.56% of undergraduate students received federal student loans and the average loan amount is $5,659.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153,004 (61%)$3,6102,132 (43%)$3,3212,424 (49%)$5,465
2015-162,687 (57%)$3,6281,973 (42%)$3,3362,196 (47%)$5,475
2016-172,615 (59%)$3,7621,810 (41%)$3,3731,924 (44%)$5,483
2017-182,568 (61%)$3,9181,823 (43%)$3,5801,750 (41%)$5,565
2018-192,727 (63%)$4,0111,849 (43%)$3,6551,618 (37%)$5,603
2019-203,327 (80%)$3,5511,750 (42%)$3,6031,469 (36%)$5,687
2020-212,782 (71%)$4,1401,403 (36%)$3,5511,213 (31%)$5,721
2021-222,642 (73%)$5,5731,342 (37%)$3,5701,001 (28%)$6,023
2022-232,142 (62%)$4,3871,220 (35%)$3,731881 (25%)$5,907
Average2,722 (65.22%)$4,0641,700 (40.22%)$3,5241,608 (37.56%)$5,659
*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, 332 (66.33 % of students) received grants or scholarships and its average amount is $4,860. It can cover 79.36% of tuition & fees ($6,124) based on out-of-state rate.

In addition, 235 (45.00 % of students) students get helped from the students loans (average amount : $5,358).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15349 (57%)$4,330338 (56%)$5,343
2015-16314 (57%)$4,034324 (59%)$5,609
2016-17376 (65%)$4,494300 (52%)$5,299
2017-18376 (64%)$4,501285 (48%)$5,328
2018-19386 (67%)$5,020258 (44%)$5,193
2019-20451 (91%)$4,140218 (44%)$5,215
2020-21259 (70%)$4,538130 (35%)$4,919
2021-22247 (70%)$7,047117 (33%)$5,837
2022-23227 (56%)$5,637141 (34%)$5,482
Average332 (66.33%)$4,860235 (45.00%)$5,358
*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, 236 (46.00 % of students) received Pell (federal) grants and its average amount is $4,298.

In addition, 253 students received State/local government grants/scholarships (50.00 % 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
2014-15281 (46%)$4,04025 (4%)$336293 (48%)$1,17631 (5%)$746
2015-16256 (46%)$3,91318 (3%)$281242 (44%)$97937 (7%)$624
2016-17283 (49%)$3,78638 (7%)$350313 (54%)$1,84543 (7%)$646
2017-18296 (50%)$4,22740 (7%)$325292 (49%)$1,35436 (6%)$910
2018-19304 (52%)$4,42867 (12%)$375307 (53%)$1,70041 (7%)$1,084
2019-20259 (52%)$4,476372 (75%)$639275 (56%)$1,52260 (12%)$866
2020-21144 (39%)$4,443211 (57%)$884180 (49%)$1,75134 (9%)$998
2021-22148 (42%)$4,424238 (67%)$3,075179 (50%)$1,79232 (9%)$1,039
2022-23155 (38%)$4,94442 (10%)$992192 (47%)$2,22043 (11%)$1,054
Average236 (46.00%)$4,298117 (26.89%)$806253 (50.00%)$1,59340 (8.11%)$885
*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, 235 (45.00 % of students) get any students loan help and its average loan amount is $235.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15338 (56%)$5,343337 (55%)$4,85127 (4%)$6,342
2015-16324 (59%)$5,609317 (58%)$5,04537 (7%)$5,892
2016-17300 (52%)$5,299291 (50%)$4,81130 (5%)$6,328
2017-18285 (48%)$5,328282 (48%)$4,90324 (4%)$5,657
2018-19258 (44%)$5,193256 (44%)$4,94212 (2%)$6,204
2019-20218 (44%)$5,215215 (43%)$4,9389 (2%)$8,357
2020-21130 (35%)$4,919130 (35%)$4,7224 (1%)$6,375
2021-22117 (33%)$5,837116 (33%)$5,13910 (3%)$8,682
2022-23141 (34%)$5,482139 (34%)$4,99613 (3%)$6,037
Average235 (45.00%)$5,358231 (44.44%)$4,92718 (3.44%)$6,653

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