How Gateway Technical'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 Gateway Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,167, which is 37.78 % of all undergraduate students. 2,384 students which is 29.00% of undergraduate students received federal student loans and the average loan amount is $5,017.

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	3,996 (48%)	$3,976	3,975 (48%)	$3,317	3,439 (42%)	$4,484
2014-15	4,065 (55%)	$6,793	3,384 (46%)	$3,338	2,870 (39%)	$4,813
2015-16	3,220 (37%)	$3,975	2,998 (34%)	$3,372	2,485 (28%)	$4,845
2016-17	2,914 (33%)	$3,982	2,591 (30%)	$3,288	2,236 (26%)	$4,418
2017-18	2,860 (31%)	$4,316	2,561 (28%)	$3,593	2,049 (22%)	$5,638
2018-19	2,737 (39%)	$4,366	2,533 (36%)	$3,558	3,352 (48%)	$5,377
2019-20	3,272 (33%)	$4,245	2,876 (29%)	$3,372	2,014 (20%)	$5,021
2020-21	2,982 (38%)	$4,119	2,434 (31%)	$3,308	1,655 (21%)	$5,203
2021-22	2,460 (26%)	$4,132	2,124 (23%)	$3,387	1,355 (15%)	$5,351
Average	3,167 (37.78%)	$4,434	2,831 (33.89%)	$3,393	2,384 (29.00%)	$5,017

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

Overview

For the last 10 years, on average, 227 (54.00 % of students) received grants or scholarships and its average amount is $5,147. It can cover 73.05% of tuition & fees ($7,046) based on out-of-state rate.

In addition, 173 (41.89 % of students) students get helped from the students loans (average amount : $4,648).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	210 (52%)	$4,916	207 (51%)	$3,561
2014-15	151 (46%)	$4,921	137 (42%)	$4,342
2015-16	185 (50%)	$4,551	150 (41%)	$4,090
2016-17	175 (47%)	$4,643	142 (38%)	$3,867
2017-18	300 (65%)	$5,406	173 (37%)	$5,627
2018-19	294 (62%)	$5,549	318 (67%)	$5,530
2019-20	324 (57%)	$5,477	159 (28%)	$5,379
2020-21	214 (58%)	$5,231	188 (51%)	$4,013
2021-22	186 (49%)	$5,630	84 (22%)	$5,421
Average	227 (54.00%)	$5,147	173 (41.89%)	$4,648

^*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, 203 (48.22 % of students) received Pell (federal) grants and its average amount is $4,589.

In addition, 159 students received State/local government grants/scholarships (37.56 % 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	204 (50%)	$4,486	59 (14%)	$157	118 (29%)	$914	-	-
2014-15	147 (45%)	$4,326	74 (22%)	$233	89 (27%)	$1,010	-	-
2015-16	166 (45%)	$4,190	31 (8%)	$210	112 (30%)	$1,080	17 (5%)	$1,118
2016-17	151 (41%)	$4,324	68 (18%)	$226	116 (31%)	$1,039	29 (8%)	$816
2017-18	266 (57%)	$4,747	85 (18%)	$485	237 (51%)	$1,002	57 (12%)	$1,411
2018-19	269 (57%)	$4,675	102 (21%)	$457	259 (55%)	$998	49 (10%)	$1,399
2019-20	305 (54%)	$4,713	113 (20%)	$1,088	194 (34%)	$883	54 (10%)	$791
2020-21	163 (44%)	$5,058	105 (28%)	$934	152 (41%)	$1,103	41 (11%)	$713
2021-22	154 (41%)	$4,780	48 (13%)	$861	150 (40%)	$1,173	41 (11%)	$2,289
Average	203 (48.22%)	$4,589	76 (18.00%)	$517	159 (37.56%)	$1,022	41 (9.57%)	$1,220

^*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..

Student Loans

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, 173 (41.89 % of students) get any students loan help and its average loan amount is $173.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	207 (51%)	$3,561	207 (51%)	$3,539	2 (0%)	$2,350
2014-15	137 (42%)	$4,342	135 (41%)	$4,167	3 (1%)	$10,747
2015-16	150 (41%)	$4,090	149 (40%)	$4,052	2 (1%)	$4,875
2016-17	142 (38%)	$3,867	142 (38%)	$3,710	1 (0%)	$22,242
2017-18	173 (37%)	$5,627	173 (37%)	$5,627	-	-
2018-19	318 (67%)	$5,530	318 (67%)	$5,530	-	-
2019-20	159 (28%)	$5,379	157 (28%)	$5,395	2 (0%)	$4,150
2020-21	188 (51%)	$4,013	188 (51%)	$3,972	1 (0%)	$7,700
2021-22	84 (22%)	$5,421	83 (22%)	$5,384	2 (1%)	$4,250
Average	173 (41.89%)	$4,648	172 (41.67%)	$4,597	2 (1.00%)	$8,045

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Scholarships, Grants, and Loan Trends at Gateway Technical

All Undergraduate Students Financial Aid Over Time

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