How Interactive College of Technology-Newport'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 Interactive College of Technology-Newport since 2013.

For that period, the average number of students who received grants aid/scholarships is 53, which is 88.56 % of all undergraduate students. 41 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $5,774.

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
2013-14	30 (91%)	$4,449	30 (91%)	$4,449	27 (82%)	$6,042
2014-15	52 (90%)	$3,599	52 (90%)	$3,348	38 (66%)	$8,165
2015-16	42 (98%)	$5,111	42 (98%)	$4,672	31 (72%)	$5,562
2016-17	78 (98%)	$3,725	78 (98%)	$3,515	63 (79%)	$5,703
2017-18	53 (80%)	$4,402	53 (80%)	$4,188	39 (59%)	$4,823
2018-19	56 (86%)	$4,516	56 (86%)	$4,294	52 (80%)	$5,212
2019-20	43 (64%)	$4,651	43 (64%)	$4,424	38 (57%)	$6,631
2020-21	27 (96%)	$4,938	23 (82%)	$3,916	20 (71%)	$5,126
2021-22	94 (94%)	$4,715	66 (66%)	$4,886	61 (61%)	$4,702
Average	53 (88.56%)	$4,456	49 (83.89%)	$4,188	41 (69.67%)	$5,774

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

Overview

For the last 10 years, on average, 13 (89.78 % of students) received grants or scholarships and its average amount is $5,005. It can cover 45.62% of tuition & fees ($10,970).

In addition, 10 (67.44 % of students) students get helped from the students loans (average amount : $6,895).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4 (100%)	$4,166	3 (75%)	$6,572
2014-15	14 (88%)	$4,076	10 (63%)	$6,725
2015-16	21 (95%)	$4,797	14 (64%)	$6,011
2016-17	21 (91%)	$5,355	17 (74%)	$8,216
2017-18	5 (100%)	$4,522	2 (40%)	$5,858
2018-19	11 (85%)	$4,777	10 (77%)	$6,683
2019-20	12 (63%)	$4,972	10 (53%)	$9,144
2020-21	7 (100%)	$5,820	6 (86%)	$6,467
2021-22	24 (86%)	$6,556	21 (75%)	$6,383
Average	13 (89.78%)	$5,005	10 (67.44%)	$6,895

^*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 10 years, on average, 13 (88.22 % of students) received Pell (federal) grants and its average amount is $4,581.

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
2013-14	4 (100%)	$3,791	4 (100%)	$375	-	-	-	-
2014-15	14 (88%)	$3,770	14 (88%)	$306	-	-	-	-
2015-16	21 (95%)	$4,485	18 (82%)	$364	-	-	-	-
2016-17	21 (91%)	$5,086	21 (91%)	$269	-	-	-	-
2017-18	5 (100%)	$4,292	5 (100%)	$230	-	-	-	-
2018-19	11 (85%)	$4,534	11 (85%)	$243	-	-	-	-
2019-20	12 (63%)	$4,745	11 (58%)	$248	-	-	-	-
2020-21	6 (86%)	$5,396	7 (100%)	$1,195	-	-	-	-
2021-22	24 (86%)	$5,132	24 (86%)	$1,424	-	-	-	-
Average	13 (88.22%)	$4,581	13 (87.78%)	$517	-	-	-	-

^*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 10 years, on average, 10 (67.44 % of students) get any students loan help and its average loan amount is $10.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	3 (75%)	$6,572	3 (75%)	$6,572	-	-
2014-15	10 (63%)	$6,725	10 (63%)	$6,725	-	-
2015-16	14 (64%)	$6,011	14 (64%)	$6,011	-	-
2016-17	17 (74%)	$8,216	17 (74%)	$8,216	-	-
2017-18	2 (40%)	$5,858	2 (40%)	$5,858	-	-
2018-19	10 (77%)	$6,683	10 (77%)	$6,683	-	-
2019-20	10 (53%)	$9,144	10 (53%)	$7,683	1 (5%)	$14,615
2020-21	6 (86%)	$6,467	6 (86%)	$6,467	-	-
2021-22	21 (75%)	$6,383	21 (75%)	$6,383	-	-
Average	10 (67.44%)	$6,895	10 (67.44%)	$6,733	1 (5.00%)	$14,615

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

All Undergraduate Students Financial Aid Over Time

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