Scholarships, Grants, and Loan Trends at Central Pennsylvania Institute of Science and Technology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 187, which is 69.22 % of all undergraduate students. 166 students which is 62.11% of undergraduate students received federal student loans and the average loan amount is $6,857.
For full-time, first-time beginning students (freshmen), 71.89% of students received grants or scholarships and 67% 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 Pennsylvania Institute of Science and Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 187, which is 69.22 % of all undergraduate students. 166 students which is 62.11% of undergraduate students received federal student loans and the average loan amount is $6,857.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14240 (76%)$5,744191 (60%)$3,387184 (58%)$6,572
2014-15178 (69%)$6,876152 (59%)$4,176187 (72%)$6,072
2015-16224 (70%)$5,808183 (58%)$3,333203 (64%)$5,950
2016-17218 (68%)$6,274167 (52%)$3,794195 (61%)$6,777
2017-18206 (66%)$6,519164 (53%)$3,929172 (55%)$6,623
2018-19162 (56%)$7,259135 (46%)$4,261135 (46%)$7,133
2019-20156 (70%)$6,090122 (54%)$3,957136 (61%)$7,742
2020-21156 (75%)$6,614108 (52%)$4,220143 (69%)$7,457
2021-22141 (73%)$6,524102 (53%)$4,350141 (73%)$7,386
Average187 (69.22%)$6,412147 (54.11%)$3,934166 (62.11%)$6,857

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

For the last 10 years, on average, 158 (71.89 % of students) received grants or scholarships and its average amount is $6,749. It can cover 39.71% of tuition & fees ($16,996) based on out-of-state rate.
In addition, 146 (66.67 % of students) students get helped from the students loans (average amount : $7,187).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (78%)$5,864184 (64%)$6,578
2014-15178 (73%)$6,876177 (72%)$6,494
2015-16210 (73%)$6,037185 (64%)$6,548
2016-17202 (70%)$6,528195 (67%)$6,795
2017-18163 (74%)$7,128141 (64%)$6,921
2018-19129 (75%)$7,702104 (60%)$7,185
2019-20110 (69%)$6,466108 (68%)$7,865
2020-21110 (70%)$7,124117 (75%)$8,097
2021-2297 (65%)$7,01699 (66%)$8,198
Average158 (71.89%)$6,749146 (66.67%)$7,187
*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, 126 (57.00 % of students) received Pell (federal) grants and its average amount is $4,114.
In addition, 82 students received State/local government grants/scholarships (38.11 % 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
2013-14191 (67%)$3,38719 (7%)$9,166105 (37%)$4,5662 (1%)$3,622
2014-15152 (62%)$4,17620 (8%)$8,56899 (40%)$4,2012 (1%)$1,000
2015-16171 (59%)$3,44735 (12%)$6,14499 (34%)$4,6591 (0%)$2,000
2016-17155 (53%)$3,95943 (15%)$5,44890 (31%)$5,2101 (0%)$2,000
2017-18122 (56%)$4,33035 (16%)$5,72081 (37%)$5,3251 (0%)$2,000
2018-19109 (63%)$4,29329 (17%)$5,96569 (40%)$5,0811 (1%)$2,000
2019-2085 (53%)$4,25816 (10%)$6,38152 (33%)$4,7342 (1%)$500
2020-2178 (50%)$4,55830 (19%)$5,31768 (43%)$3,9351 (1%)$1,000
2021-2274 (50%)$4,61712 (8%)$5,87172 (48%)$3,6931 (1%)$2,500
Average126 (57.00%)$4,11427 (12.44%)$6,50982 (38.11%)$4,6001 (1.00%)$1,847
*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, 146 (66.67 % of students) get any students loan help and its average loan amount is $146.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14184 (64%)$6,578184 (64%)$6,5721 (0%)$1,265
2014-15177 (72%)$6,494177 (72%)$6,4151 (0%)$14,000
2015-16185 (64%)$6,548185 (64%)$6,5171 (0%)$5,690
2016-17195 (67%)$6,795195 (67%)$6,7771 (0%)$3,539
2017-18141 (64%)$6,921140 (64%)$6,7854 (2%)$6,494
2018-19104 (60%)$7,185104 (60%)$7,1081 (1%)$8,000
2019-20108 (68%)$7,865107 (67%)$7,5204 (3%)$11,201
2020-21117 (75%)$8,097111 (71%)$7,62014 (9%)$7,250
2021-2299 (66%)$8,19898 (66%)$7,5939 (6%)$7,498
Average146 (66.67%)$7,187145 (66.11%)$6,9904 (4.20%)$7,215
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