Scholarships, Grants, and Loan Trends at Global Medical & Technical Training Institute

Over the past 6 years (2018-2023), the average number of students who received grants aid/scholarships is 194, which is 97.00 % of all undergraduate students. 180 students which is 82.00% of undergraduate students received federal student loans and the average loan amount is $6,886.

For full-time, first-time beginning students (freshmen), 97.00% of students received grants or scholarships and 87% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Global Medical & Technical Training Institute since 2018.

For that period, the average number of students who received grants aid/scholarships is 194, which is 97.00 % of all undergraduate students. 180 students which is 82.00% of undergraduate students received federal student loans and the average loan amount is $6,886.

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
2018-19	31 (97%)	$4,947	31 (97%)	$4,947	12 (38%)	$7,656
2019-20	96 (96%)	$6,069	96 (96%)	$6,069	98 (98%)	$6,726
2020-21	155 (96%)	$5,901	155 (96%)	$5,901	158 (98%)	$7,122
2021-22	226 (97%)	$4,022	226 (97%)	$4,022	185 (80%)	$6,643
2022-23	461 (99%)	$4,714	461 (99%)	$4,714	448 (96%)	$6,281
Average	194 (97.00%)	$5,131	194 (97.00%)	$5,131	180 (82.00%)	$6,886

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

Overview

For the last 6 years, on average, 172 (97.00 % of students) received grants or scholarships and its average amount is $5,168. It can cover 45.12% of tuition & fees ($11,455).

In addition, 163 (87.40 % of students) students get helped from the students loans (average amount : $7,524).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2018-19	20 (95%)	$4,676	12 (57%)	$7,656
2019-20	62 (95%)	$6,195	64 (98%)	$8,050
2020-21	121 (99%)	$6,089	121 (99%)	$9,116
2021-22	204 (97%)	$4,144	182 (87%)	$6,496
2022-23	452 (99%)	$4,738	438 (96%)	$6,304
Average	172 (97.00%)	$5,168	163 (87.40%)	$7,524

^*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 6 years, on average, 172 (97.00 % of students) received Pell (federal) grants and its average amount is $5,168.

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
2018-19	20 (95%)	$4,676	-	-	-	-	-	-
2019-20	62 (95%)	$6,195	-	-	-	-	-	-
2020-21	121 (99%)	$6,089	-	-	-	-	-	-
2021-22	204 (97%)	$4,144	-	-	-	-	-	-
2022-23	452 (99%)	$4,738	-	-	-	-	-	-
Average	172 (97.00%)	$5,168	-	-	-	-	-	-

^*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 6 years, on average, 163 (87.40 % of students) get any students loan help and its average loan amount is $163.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2018-19	12 (57%)	$7,656	12 (57%)	$7,656	-	-
2019-20	64 (98%)	$8,050	64 (98%)	$8,050	-	-
2020-21	121 (99%)	$9,116	121 (99%)	$9,116	-	-
2021-22	182 (87%)	$6,496	182 (87%)	$6,496	-	-
2022-23	438 (96%)	$6,304	438 (96%)	$6,304	-	-
Average	163 (87.40%)	$7,524	163 (87.40%)	$7,524	-	-

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