Scholarships, Grants, and Loan Trends at ETI

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 267, which is 64.67 % of all undergraduate students. 283 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $7,575.
For full-time, first-time beginning students (freshmen), 61.11% of students received grants or scholarships and 70% 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 ETI School of Skilled Trades since 2013.
For that period, the average number of students who received grants aid/scholarships is 267, which is 64.67 % of all undergraduate students. 283 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $7,575.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14478 (81%)$3,266478 (81%)$3,249453 (77%)$7,201
2014-15441 (75%)$4,784435 (74%)$4,818528 (90%)$8,102
2015-16257 (64%)$2,986257 (64%)$2,986204 (51%)$8,307
2016-17239 (66%)$5,261239 (66%)$5,261283 (78%)$9,329
2017-18166 (73%)$5,238166 (73%)$5,117183 (81%)$8,216
2018-19189 (68%)$5,217189 (68%)$5,190214 (77%)$8,096
2019-20205 (66%)$3,778205 (66%)$3,778182 (59%)$4,126
2020-21263 (54%)$5,506263 (54%)$5,506307 (64%)$7,861
2021-22162 (35%)$3,733162 (35%)$3,733194 (42%)$6,940
Average267 (64.67%)$4,419266 (64.56%)$4,404283 (68.78%)$7,575

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

For the last 10 years, on average, 139 (61.11 % of students) received grants or scholarships and its average amount is $4,727. It can cover 32.19% of tuition & fees ($14,685).
In addition, 154 (70.33 % of students) students get helped from the students loans (average amount : $8,143).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14170 (73%)$4,692201 (86%)$8,088
2014-15261 (74%)$4,833300 (85%)$8,170
2015-16198 (70%)$2,305127 (45%)$8,251
2016-17132 (68%)$5,322162 (84%)$8,281
2017-1883 (69%)$5,44583 (69%)$9,292
2018-1957 (40%)$5,209119 (84%)$8,116
2019-2076 (52%)$5,34989 (61%)$8,419
2020-21174 (66%)$5,534191 (73%)$7,884
2021-2298 (38%)$3,854118 (46%)$6,785
Average139 (61.11%)$4,727154 (70.33%)$8,143
*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, 138 (60.89 % of students) received Pell (federal) grants and its average amount is $4,708.
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
2013-14165 (71%)$4,786----8 (3%)$1,000
2014-15261 (74%)$4,829----1 (0%)$1,000
2015-16198 (70%)$2,305------
2016-17132 (68%)$5,322------
2017-1883 (69%)$5,246----8 (7%)$2,056
2018-1957 (40%)$5,150----2 (1%)$1,700
2019-2076 (52%)$5,349------
2020-21174 (66%)$5,534------
2021-2298 (38%)$3,854------
Average138 (60.89%)$4,708----5 (3.67%)$1,439
*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, 154 (70.33 % of students) get any students loan help and its average loan amount is $154.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14201 (86%)$8,088201 (86%)$8,088--
2014-15300 (85%)$8,170300 (85%)$8,170--
2015-16127 (45%)$8,251127 (45%)$8,251--
2016-17162 (84%)$8,281162 (84%)$8,281--
2017-1883 (69%)$9,29283 (69%)$9,292--
2018-19119 (84%)$8,116119 (84%)$8,116--
2019-2089 (61%)$8,41989 (61%)$8,419--
2020-21191 (73%)$7,884191 (73%)$7,884--
2021-22118 (46%)$6,785118 (46%)$6,785--
Average154 (70.33%)$8,143154 (70.33%)$8,143--
Most Searched Illinois Colleges (last 30 days)
Related Articles and Ads