Scholarships, Grants, and Loan Trends at Greater Lowell Technical School

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 47, which is 58.44 % of all undergraduate students. 37 students which is 45.33% of undergraduate students received federal student loans and the average loan amount is $6,215.
For full-time, first-time beginning students (freshmen), 37.25% of students received grants or scholarships and 33% 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 Greater Lowell Technical School since 2013.
For that period, the average number of students who received grants aid/scholarships is 47, which is 58.44 % of all undergraduate students. 37 students which is 45.33% of undergraduate students received federal student loans and the average loan amount is $6,215.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1468 (85%)$6,71046 (58%)$4,23546 (58%)$6,115
2014-1552 (65%)$4,88145 (56%)$4,72137 (46%)$5,665
2015-1656 (67%)$7,10234 (41%)$4,64839 (47%)$6,146
2016-1756 (68%)$2,42930 (37%)$4,53440 (49%)$5,463
2017-1846 (56%)$3,90846 (56%)$3,90833 (40%)$5,664
2018-1929 (36%)$4,31929 (36%)$4,31935 (44%)$5,735
2019-2038 (48%)$4,41538 (48%)$4,41545 (56%)$6,059
2020-2139 (48%)$5,42739 (48%)$5,42728 (35%)$7,583
2021-2242 (53%)$8,13530 (38%)$4,88226 (33%)$7,508
Average47 (58.44%)$5,25837 (46.44%)$4,56537 (45.33%)$6,215

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

For the last 10 years, on average, 3 (37.25 % of students) received grants or scholarships and its average amount is $4,638. It can cover 51.59% of tuition & fees ($8,990) based on out-of-state rate.
In addition, 3 (33.44 % of students) students get helped from the students loans (average amount : $5,945).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143 (43%)$6,6454 (57%)$6,500
2014-156 (75%)$3,9534 (50%)$5,021
2015-163 (38%)$5,7752 (25%)$4,250
2016-172 (29%)$2,9342 (29%)$7,250
2017-184 (50%)$4,7241 (13%)$5,500
2018-193 (27%)$2,2555 (45%)$4,276
2019-202 (22%)$4,4702 (22%)$6,082
2020-211 (14%)$6,3452 (29%)$7,250
2021-22--4 (31%)$7,375
Average3 (37.25%)$4,6383 (33.44%)$5,945
*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, 3 (37.25 % of students) received Pell (federal) grants and its average amount is $4,513.
In addition, 1 students received State/local government grants/scholarships (14.00 % 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
2013-143 (43%)$5,645--1 (14%)$3,000--
2014-156 (75%)$3,953------
2015-163 (38%)$5,775------
2016-172 (29%)$2,934------
2017-184 (50%)$4,724------
2018-193 (27%)$2,255------
2019-202 (22%)$4,470------
2020-211 (14%)$6,345------
2021-22--------
Average3 (37.25%)$4,513--1 (14.00%)$3,000--
*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, 3 (33.44 % of students) get any students loan help and its average loan amount is $3.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-144 (57%)$6,5004 (57%)$6,500--
2014-154 (50%)$5,0214 (50%)$5,021--
2015-162 (25%)$4,2502 (25%)$4,250--
2016-172 (29%)$7,2502 (29%)$7,250--
2017-181 (13%)$5,5001 (13%)$5,500--
2018-195 (45%)$4,2765 (45%)$4,276--
2019-202 (22%)$6,0822 (22%)$6,082--
2020-212 (29%)$7,2502 (29%)$7,250--
2021-224 (31%)$7,3754 (31%)$7,375--
Average3 (33.44%)$5,9453 (33.44%)$5,945--
Most Searched Massachusetts Colleges (last 30 days)
Related Articles and Ads