How Albany Technical's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Albany Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,930, which is 90.56 % of all undergraduate students. 1,935 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $4,183.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,519 (90%)	$5,164	3,090 (79%)	$4,729	2,644 (68%)	$6,053
2014-15	3,360 (92%)	$5,307	2,920 (80%)	$4,827	2,666 (73%)	$6,037
2015-16	3,065 (92%)	$5,533	2,569 (77%)	$5,015	2,301 (69%)	$3,862
2016-17	2,909 (89%)	$5,351	2,277 (70%)	$5,069	1,999 (61%)	$3,811
2017-18	2,750 (87%)	$5,649	2,088 (66%)	$5,496	1,719 (54%)	$3,113
2018-19	2,751 (86%)	$5,743	1,948 (61%)	$5,844	1,496 (47%)	$3,322
2019-20	2,965 (90%)	$5,311	1,960 (60%)	$5,598	1,433 (44%)	$3,733
2020-21	2,738 (91%)	$5,192	1,790 (59%)	$5,730	1,221 (40%)	$3,530
2021-22	2,315 (98%)	$6,810	1,515 (64%)	$6,662	-	-
Average	2,930 (90.56%)	$5,562	2,240 (68.44%)	$5,441	1,935 (57.00%)	$4,183

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

Overview

For the last 10 years, on average, 271 (94.33 % of students) received grants or scholarships and its average amount is $7,494. It can cover 138.89% of tuition & fees ($5,396) based on out-of-state rate.

In addition, 163 (52.22 % of students) students get helped from the students loans (average amount : $3,434).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	395 (95%)	$6,618	275 (66%)	$5,273
2014-15	324 (96%)	$7,149	233 (69%)	$4,972
2015-16	312 (97%)	$7,083	211 (65%)	$2,878
2016-17	311 (92%)	$6,857	209 (62%)	$2,927
2017-18	270 (90%)	$7,499	159 (53%)	$2,550
2018-19	226 (90%)	$7,889	119 (47%)	$2,887
2019-20	296 (95%)	$7,989	165 (53%)	$3,199
2020-21	164 (95%)	$7,746	91 (53%)	$3,223
2021-22	141 (99%)	$8,619	3 (2%)	$3,000
Average	271 (94.33%)	$7,494	163 (52.22%)	$3,434

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 245 (83.89 % of students) received Pell (federal) grants and its average amount is $6,086.

In addition, 189 students received State/local government grants/scholarships (61.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	364 (88%)	$5,063	88 (21%)	$290	353 (85%)	$2,011	10 (2%)	$3,610
2014-15	300 (89%)	$5,243	191 (57%)	$185	273 (81%)	$2,395	13 (4%)	$4,167
2015-16	291 (90%)	$5,273	140 (43%)	$226	244 (76%)	$2,368	18 (6%)	$3,670
2016-17	295 (87%)	$5,284	53 (16%)	$362	235 (69%)	$2,200	9 (3%)	$4,140
2017-18	243 (81%)	$6,356	29 (10%)	$400	181 (61%)	$2,358	13 (4%)	$3,214
2018-19	203 (81%)	$6,761	31 (12%)	$523	140 (56%)	$2,609	12 (5%)	$2,403
2019-20	266 (86%)	$6,617	163 (53%)	$587	160 (52%)	$2,712	21 (7%)	$3,569
2020-21	139 (80%)	$6,963	135 (78%)	$861	60 (35%)	$2,729	10 (6%)	$2,258
2021-22	105 (73%)	$7,211	130 (91%)	$1,789	57 (40%)	$2,704	27 (19%)	$2,645
Average	245 (83.89%)	$6,086	107 (42.33%)	$580	189 (61.67%)	$2,454	15 (6.22%)	$3,297

^*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..

Student Loans

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, 163 (52.22 % of students) get any students loan help and its average loan amount is $163.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	275 (66%)	$5,273	275 (66%)	$5,273	-	-
2014-15	233 (69%)	$4,972	233 (69%)	$4,955	2 (1%)	$1,975
2015-16	211 (65%)	$2,878	211 (65%)	$2,863	1 (0%)	$3,000
2016-17	209 (62%)	$2,927	209 (62%)	$2,927	-	-
2017-18	159 (53%)	$2,550	159 (53%)	$2,550	-	-
2018-19	119 (47%)	$2,887	119 (47%)	$2,887	-	-
2019-20	165 (53%)	$3,199	165 (53%)	$3,199	-	-
2020-21	91 (53%)	$3,223	91 (53%)	$3,223	-	-
2021-22	3 (2%)	$3,000	-	-	3 (2%)	$3,000
Average	163 (52.22%)	$3,434	183 (58.50%)	$3,485	2 (1.50%)	$2,658

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Scholarships, Grants, and Loan Trends at Albany Technical

All Undergraduate Students Financial Aid Over Time

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