Scholarships, Grants, and Loan Trends at ABCO Technology

Over the past 9 years (2014-2022), the average number of students who received grants aid/scholarships is 97, which is 61.25 % of all undergraduate students. 26 students which is 19.57% of undergraduate students received federal student loans and the average loan amount is $5,856.
For full-time, first-time beginning students (freshmen), 85.86% of students received grants or scholarships and 57% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at ABCO Technology since 2014.
For that period, the average number of students who received grants aid/scholarships is 97, which is 61.25 % of all undergraduate students. 26 students which is 19.57% of undergraduate students received federal student loans and the average loan amount is $5,856.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1548 (75%)$7,772----
2015-1616 (28%)$4,39015 (26%)$3,89619 (33%)$6,510
2016-1781 (65%)$3,95425 (20%)$4,12525 (20%)$7,508
2017-1886 (82%)$5,21836 (34%)$3,60735 (33%)$5,978
2018-19134 (86%)$7,49754 (35%)$3,20742 (27%)$5,505
2019-2090 (39%)$5,03152 (23%)$3,40340 (17%)$4,054
2020-21208 (85%)$10,31214 (6%)$2,88110 (4%)$5,778
2021-22115 (30%)$11,13213 (3%)$3,03911 (3%)$5,660
Average97 (61.25%)$6,91330 (21.00%)$3,45126 (19.57%)$5,856

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

For the last 9 years, on average, 4 (85.86 % of students) received grants or scholarships and its average amount is $4,514. It can cover 30.55% of tuition & fees ($14,775).
In addition, 3 (56.57 % of students) students get helped from the students loans (average amount : $6,112).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15----
2015-168 (89%)$4,3569 (100%)$5,940
2016-173 (75%)$5,3192 (50%)$6,606
2017-185 (100%)$4,5502 (40%)$6,566
2018-192 (100%)$4,6921 (50%)$6,325
2019-204 (80%)$4,7993 (60%)$3,953
2020-214 (57%)$5,3412 (29%)$6,185
2021-223 (100%)$2,5402 (67%)$7,206
Average4 (85.86%)$4,5143 (56.57%)$6,112
*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 9 years, on average, 4 (82.29 % of students) received Pell (federal) grants and its average amount is $4,071.
In addition, 1 students received State/local government grants/scholarships (19.67 % 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
2014-15--------
2015-168 (89%)$4,356------
2016-172 (50%)$4,479--1 (25%)$7,000--
2017-185 (100%)$4,550------
2018-192 (100%)$4,692------
2019-204 (80%)$4,041--1 (20%)$3,031--
2020-214 (57%)$3,840--1 (14%)$6,004--
2021-223 (100%)$2,540------
Average4 (82.29%)$4,071--1 (19.67%)$5,345--
*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 9 years, on average, 3 (56.57 % of students) get any students loan help and its average loan amount is $3.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------
2015-169 (100%)$5,9409 (100%)$5,940--
2016-172 (50%)$6,6062 (50%)$6,606--
2017-182 (40%)$6,5662 (40%)$6,566--
2018-191 (50%)$6,3251 (50%)$6,325--
2019-203 (60%)$3,9533 (60%)$3,953--
2020-212 (29%)$6,1852 (29%)$6,185--
2021-222 (67%)$7,2062 (67%)$7,206--
Average3 (56.57%)$6,1123 (56.57%)$6,112--
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