Scholarships, Grants, and Loan Trends at Interactive College of Technology-Gainesville

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 42, which is 81.56 % of all undergraduate students. 29 students which is 55.11% of undergraduate students received federal student loans and the average loan amount is $3,614.
For full-time, first-time beginning students (freshmen), 81.11% of students received grants or scholarships and 62% 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 Interactive College of Technology-Gainesville since 2013.
For that period, the average number of students who received grants aid/scholarships is 42, which is 81.56 % of all undergraduate students. 29 students which is 55.11% of undergraduate students received federal student loans and the average loan amount is $3,614.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1422 (58%)$3,63822 (58%)$3,36336 (95%)$3,624
2014-1544 (75%)$4,09644 (75%)$3,85343 (73%)$3,185
2015-1652 (73%)$4,03652 (73%)$3,78035 (49%)$4,026
2016-1773 (95%)$4,09673 (95%)$3,93154 (70%)$3,352
2017-1854 (86%)$4,12354 (86%)$3,96039 (62%)$3,048
2018-1925 (83%)$4,61625 (83%)$4,51116 (53%)$3,338
2019-2033 (85%)$5,46233 (85%)$5,35317 (44%)$4,685
2020-2151 (98%)$4,92547 (90%)$3,57919 (37%)$2,609
2021-2225 (81%)$4,91720 (65%)$5,1094 (13%)$4,661
Average42 (81.56%)$4,43441 (78.89%)$4,16029 (55.11%)$3,614

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

For the last 10 years, on average, 11 (81.11 % of students) received grants or scholarships and its average amount is $5,205. It can cover 46.43% of tuition & fees ($11,210).
In addition, 9 (62.33 % of students) students get helped from the students loans (average amount : $5,259).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411 (73%)$4,63411 (73%)$8,222
2014-1514 (74%)$4,83612 (63%)$6,788
2015-1617 (68%)$5,13117 (68%)$6,304
2016-1713 (87%)$4,64612 (80%)$3,961
2017-1810 (83%)$4,51110 (83%)$3,628
2018-194 (100%)$5,5523 (75%)$4,229
2019-2016 (94%)$5,6747 (41%)$5,972
2020-2110 (91%)$5,5972 (18%)$1,853
2021-223 (60%)$6,2623 (60%)$6,374
Average11 (81.11%)$5,2059 (62.33%)$5,259
*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, 11 (81.11 % of students) received Pell (federal) grants and its average amount is $4,679.
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
2013-1411 (73%)$4,2989 (60%)$411----
2014-1514 (74%)$4,50214 (74%)$334----
2015-1617 (68%)$4,76016 (64%)$394----
2016-1713 (87%)$4,4739 (60%)$250----
2017-1810 (83%)$4,3667 (58%)$207----
2018-194 (100%)$5,2904 (100%)$263----
2019-2016 (94%)$5,5717 (41%)$236----
2020-2110 (91%)$3,96610 (91%)$1,631----
2021-223 (60%)$4,8823 (60%)$1,380----
Average11 (81.11%)$4,6799 (67.56%)$567----
*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, 9 (62.33 % of students) get any students loan help and its average loan amount is $9.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (73%)$8,22210 (67%)$5,8404 (27%)$8,009
2014-1512 (63%)$6,78812 (63%)$4,3923 (16%)$9,583
2015-1617 (68%)$6,30414 (56%)$5,2323 (12%)$11,307
2016-1712 (80%)$3,96111 (73%)$3,2791 (7%)$11,467
2017-1810 (83%)$3,62810 (83%)$3,628--
2018-193 (75%)$4,2293 (75%)$4,229--
2019-207 (41%)$5,9727 (41%)$5,972--
2020-212 (18%)$1,8532 (18%)$1,853--
2021-223 (60%)$6,3742 (40%)$4,7551 (20%)$9,613
Average9 (62.33%)$5,2598 (57.33%)$4,3532 (16.40%)$9,996
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