Number Received Financial Aid (All Undergraduate)
987
Percent Received Financial Aid(All Undergraduate)
81%
Average Aid Amount
$3,569
Number Received Financial Aid (Freshmen)
130
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at SRC
For the academic year 2023-2024, a total of 987 students (81% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,569. For freshmen (Full-time, first-time degree-seeking undergraduate students), 130 students (98% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Spoon River College is $12,345 for Illinois residents and $13,500 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 987 students (81% of all students) have received grants or scholarships and the average received aid amount is $3,569. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Spoon River 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 | 987 | 81% | $3,569 |
| Pell Grants | 363 | 30% | $4,533 |
| Federal Student Loans | 90 | 7% | $4,204 |
Beginning Students Financial Aid
a total of 130 beginning students (98% of all freshmen) have received any financial aid and 122 students (92% 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 Spoon River College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 130 | 98% | - |
| Grants or Scholarship from All Sources | 118 | 89% | $7,214 |
| Federal Grants | 82 | 62% | $5,707 |
| Pell Grants | 82 | 62% | $5,501 |
| Other Federal Grants | 25 | 19% | $677 |
| State/Local Grants | 72 | 55% | $3,422 |
| Institutional Grants | 65 | 49% | $2,105 |
| Student Loans | 21 | 16% | $4,238 |
| Federal Student Loans | 18 | 14% | $3,933 |
| Other Student Loans | 3 | 2% | $6,067 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 46 have paid in-state tuition rates (35% of undergraduate students) and 15 students (11%) have paid the tuition & fee based on out-of-state rates at Spoon River College.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 46 | 35% | $12,345 |
| Out-of-State Rate | 15 | 11% | $13,500 |
Students Headcount by Living Status
For academic year 2023-2024, total 63 full-time beginning students have enrolled and attended Spoon River College. Among them, 0 students have lived on campus and 21 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 | 47 | 36 | 42 |
| Living Off-Campus without Family | 43 | 50 | 21 |
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 | 52 | 49 | $274,914 | $5,287 |
| $0 - $30,000 | 25 | 25 | $166,069 | $6,643 |
| $30,001 - $48,000 | 11 | 11 | $69,882 | $6,353 |
| $48,001 - $75,000 | 13 | 13 | $38,963 | $2,997 |
| $75,001 - $110,000 | 2 | 0 | $0 | $0 |
| $110,001 or more | 1 | 0 | $0 | $0 |
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