Scholarships, Grants, and Loan Trends at Highlands College of Montana Tech

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 459, which is 61.00 % of all undergraduate students. 251 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $5,554.
For full-time, first-time beginning students (freshmen), 68.56% of students received grants or scholarships and 55% 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 Highlands College of Montana Tech since 2013.
For that period, the average number of students who received grants aid/scholarships is 459, which is 61.00 % of all undergraduate students. 251 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $5,554.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14464 (51%)$4,778392 (43%)$4,383425 (47%)$6,104
2014-15390 (45%)$5,309316 (37%)$4,656350 (41%)$5,927
2015-16368 (43%)$5,176287 (34%)$4,660324 (38%)$5,743
2016-17304 (39%)$5,075242 (31%)$4,515261 (34%)$5,707
2017-18302 (39%)$4,620206 (27%)$4,706235 (31%)$6,036
2018-19570 (77%)$2,496169 (23%)$4,472192 (26%)$5,428
2019-20551 (78%)$2,362144 (20%)$4,326191 (27%)$4,970
2020-21585 (86%)$2,046126 (19%)$4,307156 (23%)$5,096
2021-22597 (91%)$2,259106 (16%)$4,181127 (19%)$4,974
Average459 (61.00%)$3,791221 (27.78%)$4,467251 (31.78%)$5,554

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

For the last 10 years, on average, 94 (68.56 % of students) received grants or scholarships and its average amount is $4,453. It can cover 42.95% of tuition & fees ($10,368) based on out-of-state rate.
In addition, 77 (54.67 % of students) students get helped from the students loans (average amount : $5,018).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14120 (68%)$4,732122 (69%)$5,194
2014-15107 (68%)$5,66393 (59%)$5,190
2015-1678 (58%)$4,95880 (60%)$5,023
2016-1787 (62%)$4,81474 (52%)$5,219
2017-1891 (64%)$4,08272 (50%)$4,654
2018-1971 (53%)$5,14270 (52%)$5,430
2019-2082 (64%)$3,77973 (57%)$4,492
2020-21105 (80%)$3,71966 (50%)$4,822
2021-22103 (100%)$3,18544 (43%)$5,134
Average94 (68.56%)$4,45377 (54.67%)$5,018
*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, 64 (45.00 % of students) received Pell (federal) grants and its average amount is $4,536.
In addition, 19 students received State/local government grants/scholarships (12.67 % 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
2013-14100 (57%)$4,3566 (3%)$1,00061 (35%)$1,55517 (10%)$1,848
2014-1588 (56%)$4,9888 (5%)$1,00027 (17%)$2,28332 (20%)$3,042
2015-1663 (47%)$4,7027 (5%)$92925 (19%)$2,37521 (16%)$1,173
2016-1773 (52%)$4,6856 (4%)$45813 (9%)$3,64018 (13%)$1,488
2017-1863 (44%)$4,64820 (14%)$4744 (3%)$3,12639 (27%)$1,454
2018-1956 (42%)$4,59022 (16%)$5005 (4%)$4,64824 (18%)$3,074
2019-2053 (41%)$4,04237 (29%)$6949 (7%)$2,01341 (32%)$1,265
2020-2147 (36%)$4,70791 (69%)$95816 (12%)$88647 (36%)$1,446
2021-2231 (30%)$4,110103 (100%)$1,2418 (8%)$1,27024 (23%)$2,609
Average64 (45.00%)$4,53633 (27.22%)$80619 (12.67%)$2,42229 (21.67%)$1,933
*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, 77 (54.67 % of students) get any students loan help and its average loan amount is $77.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14122 (69%)$5,194121 (69%)$5,1661 (1%)$8,600
2014-1593 (59%)$5,19092 (58%)$5,1142 (1%)$6,050
2015-1680 (60%)$5,02379 (59%)$4,6593 (2%)$11,270
2016-1774 (52%)$5,21973 (52%)$4,9652 (1%)$11,895
2017-1872 (50%)$4,65472 (50%)$4,654--
2018-1970 (52%)$5,43065 (49%)$4,6798 (6%)$9,500
2019-2073 (57%)$4,49273 (57%)$4,3602 (2%)$4,841
2020-2166 (50%)$4,82263 (48%)$4,4923 (2%)$11,747
2021-2244 (43%)$5,13444 (43%)$4,4514 (4%)$7,512
Average77 (54.67%)$5,01876 (53.89%)$4,7273 (2.38%)$8,927
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