Scholarships, Grants, and Loan Trends at NYCCT

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 11,132, which is 67.33 % of all undergraduate students. 1,490 students which is 8.78% of undergraduate students received federal student loans and the average loan amount is $5,243.
For full-time, first-time beginning students (freshmen), 85.78% of students received grants or scholarships and 4% 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 CUNY New York City College of Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 11,132, which is 67.33 % of all undergraduate students. 1,490 students which is 8.78% of undergraduate students received federal student loans and the average loan amount is $5,243.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410,418 (62%)$5,9859,476 (56%)$4,1072,558 (15%)$4,515
2014-1510,820 (62%)$6,0969,619 (55%)$4,1761,991 (11%)$5,018
2015-1610,643 (61%)$6,2379,446 (54%)$4,2511,836 (11%)$5,220
2016-179,952 (58%)$7,0498,903 (52%)$4,3531,536 (9%)$5,411
2017-1810,796 (62%)$7,2429,424 (55%)$4,5061,404 (8%)$5,427
2018-1910,665 (62%)$7,2828,949 (52%)$4,6541,235 (7%)$5,201
2019-2011,695 (69%)$7,3458,901 (52%)$4,7001,173 (7%)$5,294
2020-2111,228 (72%)$6,7587,554 (49%)$4,756900 (6%)$5,622
2021-2213,969 (98%)$6,2447,598 (53%)$4,596775 (5%)$5,477
Average11,132 (67.33%)$6,6938,874 (53.11%)$4,4551,490 (8.78%)$5,243

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

For the last 10 years, on average, 2,583 (85.78 % of students) received grants or scholarships and its average amount is $8,196. It can cover 53.63% of tuition & fees ($15,282) based on out-of-state rate.
In addition, 123 (4.00 % of students) students get helped from the students loans (average amount : $4,442).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,526 (81%)$7,512179 (6%)$4,229
2014-152,725 (87%)$7,423176 (6%)$4,194
2015-162,766 (84%)$7,356150 (5%)$4,301
2016-172,515 (81%)$8,348167 (5%)$4,053
2017-182,592 (83%)$8,334132 (4%)$4,484
2018-192,672 (83%)$8,627105 (3%)$4,078
2019-202,861 (89%)$8,95390 (3%)$4,364
2020-212,226 (85%)$8,41753 (2%)$5,051
2021-222,362 (99%)$8,79751 (2%)$5,221
Average2,583 (85.78%)$8,196123 (4.00%)$4,442
*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, 2,170 (71.67 % of students) received Pell (federal) grants and its average amount is $4,838.
In addition, 2,269 students received State/local government grants/scholarships (74.78 % 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
2013-142,332 (75%)$4,684267 (9%)$3202,289 (73%)$3,480--
2014-152,361 (75%)$4,720606 (19%)$2412,487 (79%)$3,595--
2015-162,368 (72%)$4,736339 (10%)$3762,554 (78%)$3,525--
2016-172,207 (71%)$4,79940 (1%)$3502,304 (74%)$4,510--
2017-182,246 (72%)$4,848278 (9%)$4642,370 (76%)$4,465--
2018-192,281 (71%)$5,054377 (12%)$2432,440 (76%)$4,6852 (0%)$50
2019-202,341 (73%)$4,9792,287 (71%)$8552,525 (79%)$4,581205 (6%)$2,120
2020-211,651 (63%)$5,0131,698 (65%)$1,0301,831 (70%)$3,4291,679 (64%)$1,449
2021-221,743 (73%)$4,7122,327 (97%)$2,3921,620 (68%)$3,3411,491 (62%)$1,064
Average2,170 (71.67%)$4,838913 (32.56%)$6972,269 (74.78%)$3,957844 (44.00%)$1,171
*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, 123 (4.00 % of students) get any students loan help and its average loan amount is $123.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14179 (6%)$4,229179 (6%)$4,229--
2014-15176 (6%)$4,194176 (6%)$4,194--
2015-16150 (5%)$4,301150 (5%)$4,301--
2016-17167 (5%)$4,053163 (5%)$3,9326 (0%)$5,993
2017-18132 (4%)$4,484127 (4%)$4,1567 (0%)$9,148
2018-19105 (3%)$4,07899 (3%)$3,8027 (0%)$7,409
2019-2090 (3%)$4,36489 (3%)$3,9673 (0%)$13,233
2020-2153 (2%)$5,05150 (2%)$4,6375 (0%)$7,173
2021-2251 (2%)$5,22147 (2%)$3,8179 (0%)$9,651
Average123 (4.00%)$4,442120 (4.00%)$4,1156 (0.00%)$8,768
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