Scholarships, Grants, and Loan Trends at COTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,621, which is 48.22 % of all undergraduate students. 1,220 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,186.
For full-time, first-time beginning students (freshmen), 74.67% of students received grants or scholarships and 48% 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 Central Ohio Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,621, which is 48.22 % of all undergraduate students. 1,220 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,186.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,309 (63%)$3,7342,136 (59%)$3,6002,427 (67%)$7,370
2014-152,045 (57%)$3,8361,821 (51%)$3,6681,842 (52%)$5,081
2015-161,735 (49%)$3,7711,519 (43%)$3,5401,501 (42%)$5,012
2016-171,435 (43%)$3,6891,186 (36%)$3,4451,227 (37%)$4,721
2017-181,381 (40%)$3,8421,138 (33%)$3,5221,046 (30%)$4,850
2018-191,355 (39%)$4,1091,059 (31%)$3,743905 (26%)$4,750
2019-201,393 (40%)$4,5831,028 (30%)$3,688838 (24%)$5,107
2020-211,641 (54%)$3,733922 (30%)$3,651678 (22%)$4,739
2021-221,292 (49%)$5,321754 (29%)$3,689514 (20%)$5,042
Average1,621 (48.22%)$4,0691,285 (38.00%)$3,6161,220 (35.56%)$5,186

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

For the last 10 years, on average, 148 (74.67 % of students) received grants or scholarships and its average amount is $4,375. It can cover 55.41% of tuition & fees ($7,896) based on out-of-state rate.
In addition, 101 (47.89 % of students) students get helped from the students loans (average amount : $4,645).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14197 (79%)$4,069193 (77%)$6,170
2014-15191 (74%)$4,027154 (59%)$4,095
2015-16159 (72%)$4,019124 (56%)$4,373
2016-17145 (68%)$4,051112 (53%)$4,697
2017-18131 (68%)$4,30793 (48%)$4,486
2018-19125 (63%)$4,32682 (41%)$4,163
2019-20145 (76%)$4,62173 (38%)$4,748
2020-21121 (87%)$4,18446 (33%)$4,343
2021-22120 (85%)$5,77536 (26%)$4,729
Average148 (74.67%)$4,375101 (47.89%)$4,645
*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 10 years, on average, 125 (60.78 % of students) received Pell (federal) grants and its average amount is $4,102.
In addition, 4 students received State/local government grants/scholarships (2.43 % 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
2013-14192 (77%)$4,0699 (4%)$431--11 (4%)$1,496
2014-15180 (69%)$4,0314 (2%)$2631 (0%)$1,87422 (8%)$1,850
2015-16148 (67%)$3,94112 (5%)$26110 (5%)$87926 (12%)$1,685
2016-17124 (58%)$3,9406 (3%)$4007 (3%)$1,01745 (21%)$1,984
2017-18114 (59%)$4,15333 (17%)$1784 (2%)$1,01144 (23%)$1,837
2018-19113 (57%)$4,07414 (7%)$2462 (1%)$1,88243 (22%)$1,700
2019-20112 (59%)$4,27545 (24%)$1,2771 (1%)$40063 (33%)$2,116
2020-2166 (47%)$4,227104 (75%)$8694 (3%)$4,20738 (27%)$3,159
2021-2276 (54%)$4,20992 (65%)$2,1233 (2%)$2,01950 (35%)$3,436
Average125 (60.78%)$4,10235 (22.44%)$6724 (2.43%)$1,66138 (20.56%)$2,140
*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 10 years, on average, 101 (47.89 % of students) get any students loan help and its average loan amount is $101.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14193 (77%)$6,170193 (77%)$6,170--
2014-15154 (59%)$4,095154 (59%)$4,095--
2015-16124 (56%)$4,373124 (56%)$4,3611 (0%)$1,500
2016-17112 (53%)$4,697112 (53%)$4,6381 (0%)$6,500
2017-1893 (48%)$4,48692 (47%)$4,2413 (2%)$9,000
2018-1982 (41%)$4,16381 (41%)$4,1901 (1%)$1,961
2019-2073 (38%)$4,74873 (38%)$4,6981 (1%)$3,700
2020-2146 (33%)$4,34346 (33%)$4,343--
2021-2236 (26%)$4,72936 (26%)$4,729--
Average101 (47.89%)$4,645101 (47.78%)$4,6071 (1.33%)$4,532
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