Number Received Financial Aid (All Undergraduate)
817
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$5,250
Number Received Financial Aid (Freshmen)
201
Percent Received Financial Aid (Freshmen)
99%
Financial Aid Information at Olney Central
For the academic year 2023-2024, a total of 817 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,250. For freshmen (Full-time, first-time degree-seeking undergraduate students), 201 students (99% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Olney Central College is $10,960 for Illinois residents and $12,460 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 817 students (94% of all students) have received grants or scholarships and the average received aid amount is $5,250. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Olney Central College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 817 | 94% | $5,250 |
| Pell Grants | 296 | 34% | $5,875 |
| Federal Student Loans | 61 | 7% | $5,389 |
Beginning Students Financial Aid
a total of 201 beginning students (99% of all freshmen) have received any financial aid and 201 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Olney Central College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 201 | 99% | - |
| Grants or Scholarship from All Sources | 201 | 99% | $7,677 |
| Federal Grants | 188 | 92% | $5,297 |
| Pell Grants | 96 | 47% | $6,431 |
| Other Federal Grants | 188 | 92% | $2,014 |
| State/Local Grants | 75 | 37% | $1,807 |
| Institutional Grants | 167 | 82% | $2,465 |
| Student Loans | 22 | 11% | $6,196 |
| Federal Student Loans | 18 | 9% | $4,970 |
| Other Student Loans | 5 | 2% | $9,368 |
Students Headcount by Living Status
For academic year 2023-2024, total 198 full-time beginning students have enrolled and attended Olney Central College. Among them, 0 students have lived on campus and 27 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 138 | 156 | 152 |
| Living Off-Campus without Family | 36 | 39 | 27 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 107 | 107 | $807,861 | $7,550 |
| $0 - $30,000 | 54 | 54 | $488,699 | $9,050 |
| $30,001 - $48,000 | 24 | 24 | $169,239 | $7,052 |
| $48,001 - $75,000 | 21 | 21 | $108,760 | $5,179 |
| $75,001 - $110,000 | 3 | 3 | $20,267 | $6,756 |
| $110,001 or more | 5 | 5 | $20,896 | $4,179 |
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