How CTI'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 Commonwealth Technical Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 75, which is 44.78 % of all undergraduate students.

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	97 (47%)	$4,769	90 (44%)	$4,158	-	-
2014-15	100 (45%)	$5,275	91 (41%)	$4,623	-	-
2015-16	54 (31%)	$4,914	52 (29%)	$4,581	-	-
2016-17	91 (48%)	$5,040	90 (48%)	$4,364	-	-
2017-18	71 (39%)	$5,594	67 (37%)	$4,977	-	-
2018-19	75 (43%)	$5,330	74 (42%)	$4,763	-	-
2019-20	93 (50%)	$7,453	72 (39%)	$5,029	-	-
2020-21	39 (29%)	$16,795	39 (29%)	$12,344	-	-
2021-22	59 (71%)	$6,357	58 (70%)	$5,874	-	-
Average	75 (44.78%)	$6,836	70 (42.11%)	$5,635	-	-

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

Overview

For the last 10 years, on average, 35 (43.78 % of students) received grants or scholarships and its average amount is $6,472. It can cover 83.90% of tuition & fees ($7,714).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	39 (46%)	$4,706	-	-
2014-15	34 (45%)	$5,308	-	-
2015-16	28 (29%)	$4,724	-	-
2016-17	59 (52%)	$4,984	-	-
2017-18	35 (39%)	$5,693	-	-
2018-19	36 (34%)	$5,334	-	-
2019-20	43 (39%)	$9,615	-	-
2020-21	20 (51%)	$10,432	-	-
2021-22	22 (59%)	$7,451	-	-
Average	35 (43.78%)	$6,472	-	-

^*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, 34 (42.89 % of students) received Pell (federal) grants and its average amount is $5,338.

In addition, 6 students received State/local government grants/scholarships (7.22 % 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	35 (42%)	$4,425	33 (39%)	$309	7 (8%)	$2,638	-	-
2014-15	32 (43%)	$4,801	25 (33%)	$98	9 (12%)	$2,711	-	-
2015-16	27 (28%)	$4,320	26 (27%)	$181	5 (5%)	$2,188	-	-
2016-17	58 (51%)	$4,499	54 (48%)	$188	9 (8%)	$2,556	-	-
2017-18	35 (39%)	$5,048	26 (29%)	$193	5 (6%)	$3,508	-	-
2018-19	36 (34%)	$4,892	31 (29%)	$123	5 (5%)	$2,414	-	-
2019-20	43 (39%)	$5,224	20 (18%)	$8,652	5 (5%)	$3,158	-	-
2020-21	20 (51%)	$7,873	20 (51%)	$1,979	5 (13%)	$2,321	-	-
2021-22	22 (59%)	$6,959	21 (57%)	$437	1 (3%)	$1,666	-	-
Average	34 (42.89%)	$5,338	28 (36.78%)	$1,351	6 (7.22%)	$2,573	-	-

^*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..

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Scholarships, Grants, and Loan Trends at CTI

All Undergraduate Students Financial Aid Over Time

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