How Assabet Valley Regional Technical School'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 Assabet Valley Regional Technical School since 2013.

For that period, the average number of students who received grants aid/scholarships is 28, which is 57.33 % of all undergraduate students. 26 students which is 52.44% of undergraduate students received federal student loans and the average loan amount is $7,886.

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	28 (58%)	$4,575	28 (58%)	$4,411	34 (71%)	$6,955
2014-15	24 (52%)	$5,336	23 (50%)	$5,101	24 (52%)	$9,135
2015-16	32 (64%)	$5,161	26 (52%)	$5,289	20 (40%)	$7,750
2016-17	24 (47%)	$5,423	24 (47%)	$5,081	32 (63%)	$8,707
2017-18	20 (41%)	$4,962	18 (37%)	$5,036	21 (43%)	$8,425
2018-19	34 (67%)	$4,496	30 (59%)	$4,545	28 (55%)	$8,238
2019-20	35 (73%)	$6,871	26 (54%)	$3,923	21 (44%)	$6,481
2020-21	23 (50%)	$4,738	19 (41%)	$4,337	23 (50%)	$8,146
2021-22	32 (64%)	$7,025	23 (46%)	$4,478	27 (54%)	$7,138
Average	28 (57.33%)	$5,399	24 (49.33%)	$4,689	26 (52.44%)	$7,886

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

Overview

For the last 10 years, on average, 9 (65.00 % of students) received grants or scholarships and its average amount is $5,324. It can cover 28.10% of tuition & fees ($18,945) based on out-of-state rate.

In addition, 7 (53.44 % of students) students get helped from the students loans (average amount : $8,335).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	11 (69%)	$4,840	11 (69%)	$7,654
2014-15	7 (50%)	$5,494	7 (50%)	$9,357
2015-16	13 (76%)	$5,612	8 (47%)	$7,625
2016-17	6 (67%)	$6,140	8 (89%)	$8,658
2017-18	5 (50%)	$5,246	5 (50%)	$9,402
2018-19	9 (64%)	$4,497	6 (43%)	$7,309
2019-20	12 (75%)	$4,280	7 (44%)	$8,858
2020-21	6 (50%)	$7,313	5 (42%)	$9,029
2021-22	16 (84%)	$4,494	9 (47%)	$7,123
Average	9 (65.00%)	$5,324	7 (53.44%)	$8,335

^*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, 8 (58.33 % of students) received Pell (federal) grants and its average amount is $4,924.

In addition, 6 students received State/local government grants/scholarships (39.89 % 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	11 (69%)	$4,677	-	-	5 (31%)	$360	-	-
2014-15	7 (50%)	$5,223	-	-	4 (29%)	$475	-	-
2015-16	12 (71%)	$5,629	-	-	8 (47%)	$675	-	-
2016-17	6 (67%)	$5,682	-	-	4 (44%)	$688	-	-
2017-18	4 (40%)	$5,833	-	-	4 (40%)	$725	-	-
2018-19	9 (64%)	$4,174	-	-	4 (29%)	$725	-	-
2019-20	9 (56%)	$4,264	-	-	8 (50%)	$1,623	-	-
2020-21	6 (50%)	$5,046	-	-	5 (42%)	$1,520	4 (33%)	$1,500
2021-22	11 (58%)	$3,792	-	-	9 (47%)	$3,354	-	-
Average	8 (58.33%)	$4,924	-	-	6 (39.89%)	$1,127	4 (33.00%)	$1,500

^*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, 7 (53.44 % of students) get any students loan help and its average loan amount is $7.

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	11 (69%)	$7,654	11 (69%)	$7,654	-	-
2014-15	7 (50%)	$9,357	7 (50%)	$9,357	-	-
2015-16	8 (47%)	$7,625	8 (47%)	$7,625	-	-
2016-17	8 (89%)	$8,658	8 (89%)	$8,658	-	-
2017-18	5 (50%)	$9,402	5 (50%)	$9,402	-	-
2018-19	6 (43%)	$7,309	6 (43%)	$7,309	-	-
2019-20	7 (44%)	$8,858	6 (38%)	$7,835	1 (6%)	$15,000
2020-21	5 (42%)	$9,029	5 (42%)	$9,029	-	-
2021-22	9 (47%)	$7,123	9 (47%)	$7,123	-	-
Average	7 (53.44%)	$8,335	7 (52.78%)	$8,221	1 (6.00%)	$15,000

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Scholarships, Grants, and Loan Trends at Assabet Valley Regional Technical School

All Undergraduate Students Financial Aid Over Time

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