Scholarships, Grants, and Loan Trends at Georgia Tech

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 10,655, which is 67.44 % of all undergraduate students. 4,083 students which is 26.22% of undergraduate students received federal student loans and the average loan amount is $6,749.
For full-time, first-time beginning students (freshmen), 69.22% of students received grants or scholarships and 25% 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 Georgia Institute of Technology-Main Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 10,655, which is 67.44 % of all undergraduate students. 4,083 students which is 26.22% of undergraduate students received federal student loans and the average loan amount is $6,749.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149,034 (62%)$8,7982,654 (18%)$4,1654,909 (34%)$9,131
2014-159,180 (63%)$9,2172,495 (17%)$4,0614,515 (31%)$7,379
2015-169,362 (62%)$9,5832,418 (16%)$4,0904,296 (28%)$7,054
2016-179,633 (62%)$9,9562,279 (15%)$4,1414,337 (28%)$6,879
2017-1810,444 (67%)$10,5102,312 (15%)$4,3794,131 (27%)$6,322
2018-1910,830 (67%)$10,9212,242 (14%)$4,5083,878 (24%)$6,112
2019-2011,492 (71%)$11,1082,135 (13%)$4,4393,656 (23%)$5,974
2020-2113,498 (82%)$10,1662,208 (13%)$4,6353,506 (21%)$5,904
2021-2212,420 (71%)$12,0732,324 (13%)$4,7953,519 (20%)$5,983
Average10,655 (67.44%)$10,2592,341 (14.89%)$4,3574,083 (26.22%)$6,749

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

For the last 10 years, on average, 2,085 (69.22 % of students) received grants or scholarships and its average amount is $12,494. It can cover 38.00% of tuition & fees ($32,876) based on out-of-state rate.
In addition, 742 (24.89 % of students) students get helped from the students loans (average amount : $7,387).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,891 (71%)$10,557739 (28%)$7,915
2014-151,889 (67%)$10,417773 (28%)$7,362
2015-162,002 (65%)$11,835775 (25%)$8,369
2016-171,916 (67%)$12,779787 (27%)$7,378
2017-182,170 (76%)$12,716737 (26%)$6,520
2018-192,065 (66%)$13,116708 (23%)$7,015
2019-202,147 (70%)$13,020662 (22%)$7,108
2020-212,250 (70%)$14,015734 (23%)$7,792
2021-222,438 (71%)$13,992761 (22%)$7,027
Average2,085 (69.22%)$12,494742 (24.89%)$7,387
*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, 356 (11.89 % of students) received Pell (federal) grants and its average amount is $4,629.
In addition, 1,619 students received State/local government grants/scholarships (53.78 % 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
2013-14363 (14%)$4,23250 (2%)$2,4141,415 (53%)$8,928849 (32%)$6,681
2014-15357 (13%)$4,37224 (1%)$2,1251,465 (52%)$9,775635 (23%)$5,900
2015-16346 (11%)$4,41124 (1%)$3,7931,545 (50%)$10,290778 (25%)$7,944
2016-17311 (11%)$4,41314 (0%)$2,7211,595 (56%)$10,485752 (26%)$8,444
2017-18370 (13%)$4,63841 (1%)$2,3841,729 (61%)$9,766745 (26%)$11,939
2018-19319 (10%)$4,74444 (1%)$3,5311,560 (50%)$9,802803 (26%)$12,608
2019-20339 (11%)$4,723555 (18%)$1,1831,684 (55%)$10,029769 (25%)$11,452
2020-21381 (12%)$4,915602 (19%)$2,3681,723 (53%)$10,071869 (27%)$12,523
2021-22421 (12%)$5,209729 (21%)$2,7521,857 (54%)$10,033900 (26%)$12,536
Average356 (11.89%)$4,629231 (8.00%)$2,5861,619 (53.78%)$9,909789 (26.22%)$10,003
*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, 742 (24.89 % of students) get any students loan help and its average loan amount is $742.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14739 (28%)$7,915723 (27%)$6,358103 (4%)$12,158
2014-15773 (28%)$7,362755 (27%)$6,001111 (4%)$10,448
2015-16775 (25%)$8,369747 (24%)$5,776163 (5%)$13,318
2016-17787 (27%)$7,378770 (27%)$6,19171 (2%)$14,647
2017-18737 (26%)$6,520719 (25%)$5,121112 (4%)$10,030
2018-19708 (23%)$7,015685 (22%)$5,148124 (4%)$11,613
2019-20662 (22%)$7,108641 (21%)$4,983163 (5%)$9,272
2020-21734 (23%)$7,792698 (22%)$4,919175 (5%)$13,058
2021-22761 (22%)$7,027733 (21%)$5,070159 (5%)$10,259
Average742 (24.89%)$7,387719 (24.00%)$5,507131 (4.22%)$11,645
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