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RVCC 2019 NECHE Self-Study

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Standard 5: Students<br />

(Financial Aid, Debt, Developmental Courses)<br />

Complete this form for each distinct student body identified by the institution (see Standard 5.1)<br />

? Where does the institution describe the students it seeks to serve?<br />

(FY16) (FY17) (FY18)<br />

? Three-year Cohort Default Rate 13.4 13.9 13.3<br />

? Three-year Loan repayment rate 52.3 49.9 48.3<br />

(from College Scorecard)<br />

3 Years<br />

Prior<br />

2 Years<br />

Prior<br />

Most<br />

Recently<br />

Completed<br />

Year<br />

Current<br />

Year<br />

Goal<br />

(specify<br />

year)<br />

(FY16) (FY17) (FY18) (FY19)* (FY20)<br />

? Student Financial Aid<br />

Total Federal Aid $4,987,590 $4,731,650 $3,908,408 $1,975,079 $1,900,000<br />

Grants $1,384,039 $1,380,457 $1,207,262 $635,782 $1,200,000<br />

Loans $3,603,551 $3,319,916 $2,675,918 $1,331,943 $2,600,000<br />

Work <strong>Study</strong> $32,059 $31,277 $25,228 $7,354 $25,000<br />

Total State Aid $166,845 $141,441 $151,718 $63,172 $150,000<br />

Total Institutional Aid $2,750 $57,250 $16,300 $12,000 $25,000<br />

Grants $2,750 $57,250 $16,300 $12,000 $25,000<br />

Loans NA NA NA NA NA<br />

Total Private Aid $36,304 $52,122 $45,541 $40,000<br />

Grants NA NA NA NA<br />

Loans $36,304 $52,122 $45,541 $40,000<br />

Student Debt<br />

Percent of students graduating with debt (include all students who graduated in this calculation)<br />

Undergraduates 62% 67% 65% 67% 65%<br />

Graduates<br />

First professional students<br />

For students with debt:<br />

Average amount of debt for students leaving the institution with a degree<br />

Undergraduates $10,513 $13,046 $12,600 $12,192 $12,000<br />

Graduates<br />

First professional students<br />

Average amount of debt for students leaving the institution without a degree<br />

Undergraduates $9,620 $8,447 $6,603 $3,653 $5,000<br />

Graduate Students<br />

First professional students<br />

Percent of First-year students in Developmental Courses (courses for which no credit toward a degree is granted)<br />

English as a Second/Other Language NA NA NA NA NA<br />

English (reading, writing, communication skills) 5% 3% 4% 2% 1%<br />

Math 17% 14% 9% 6% 3%<br />

Other 2% 0% 0% 0% 0%<br />

Please enter any explanatory notes in the box below<br />

*Current year is based on 2018-<strong>2019</strong> aid year. Aid for spring <strong>2019</strong> has not disbursed at this time.<br />

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