How HVAC Technical Institute'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 HVAC Technical Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 86, which is 33.50 % of all undergraduate students. 83 students which is 31.75% of undergraduate students received federal student loans and the average loan amount is $4,967.

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
2014-15	22 (13%)	$3,644	16 (9%)	$781	6 (3%)	$6,865
2015-16	80 (40%)	$2,772	80 (40%)	$2,772	71 (36%)	$5,242
2016-17	63 (25%)	$2,408	63 (25%)	$2,408	61 (24%)	$4,504
2017-18	75 (28%)	$2,387	75 (28%)	$2,387	74 (28%)	$3,989
2018-19	116 (44%)	$3,521	116 (44%)	$3,521	120 (46%)	$5,572
2019-20	76 (29%)	$3,613	76 (29%)	$3,613	72 (27%)	$5,281
2020-21	127 (45%)	$2,826	127 (45%)	$2,826	133 (48%)	$4,316
2021-22	131 (44%)	$2,644	131 (44%)	$2,644	125 (42%)	$3,969
Average	86 (33.50%)	$2,977	86 (33.00%)	$2,619	83 (31.75%)	$4,967

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

Overview

For the last 9 years, on average, 31 (63.13 % of students) received grants or scholarships and its average amount is $2,955. It can cover 19.70% of tuition & fees ($15,000).

In addition, 37 (72.50 % of students) students get helped from the students loans (average amount : $7,841).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	22 (40%)	$2,332	55 (100%)	$10,534
2015-16	26 (87%)	$2,333	15 (50%)	$4,869
2016-17	19 (63%)	$2,270	17 (57%)	$10,294
2017-18	24 (40%)	$2,498	58 (97%)	$9,769
2018-19	31 (62%)	$3,724	41 (82%)	$13,272
2019-20	40 (80%)	$3,857	39 (78%)	$5,432
2020-21	35 (69%)	$3,334	32 (63%)	$4,326
2021-22	49 (64%)	$3,294	40 (53%)	$4,235
Average	31 (63.13%)	$2,955	37 (72.50%)	$7,841

^*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 9 years, on average, 30 (61.75 % of students) received Pell (federal) grants and its average amount is $2,761.

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
2014-15	16 (29%)	$781	6 (11%)	$4,783	-	-	8 (15%)	$1,265
2015-16	26 (87%)	$2,333	-	-	-	-	-	-
2016-17	19 (63%)	$2,270	-	-	-	-	-	-
2017-18	24 (40%)	$2,498	-	-	-	-	-	-
2018-19	31 (62%)	$3,724	-	-	-	-	-	-
2019-20	40 (80%)	$3,857	-	-	-	-	-	-
2020-21	35 (69%)	$3,334	-	-	-	-	-	-
2021-22	49 (64%)	$3,294	-	-	-	-	-	-
Average	30 (61.75%)	$2,761	6 (11.00%)	$4,783	-	-	8 (15.00%)	$1,265

^*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 9 years, on average, 37 (72.50 % of students) get any students loan help and its average loan amount is $37.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	55 (100%)	$10,534	6 (11%)	$6,865	55 (100%)	$9,785
2015-16	15 (50%)	$4,869	15 (50%)	$4,869	-	-
2016-17	17 (57%)	$10,294	17 (57%)	$4,177	17 (57%)	$6,117
2017-18	58 (97%)	$9,769	24 (40%)	$4,313	58 (97%)	$7,985
2018-19	41 (82%)	$13,272	41 (82%)	$4,308	41 (82%)	$8,963
2019-20	39 (78%)	$5,432	39 (78%)	$5,432	-	-
2020-21	32 (63%)	$4,326	32 (63%)	$4,326	-	-
2021-22	40 (53%)	$4,235	40 (53%)	$4,235	-	-
Average	37 (72.50%)	$7,841	27 (54.25%)	$4,816	43 (84.00%)	$8,213

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Scholarships, Grants, and Loan Trends at HVAC Technical Institute

All Undergraduate Students Financial Aid Over Time

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