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

Over the past 10 years (2013-2022), 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.
For full-time, first-time beginning students (freshmen), 89.78% of students received grants or scholarships and 67% 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-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.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1430 (91%)$4,44930 (91%)$4,44927 (82%)$6,042
2014-1552 (90%)$3,59952 (90%)$3,34838 (66%)$8,165
2015-1642 (98%)$5,11142 (98%)$4,67231 (72%)$5,562
2016-1778 (98%)$3,72578 (98%)$3,51563 (79%)$5,703
2017-1853 (80%)$4,40253 (80%)$4,18839 (59%)$4,823
2018-1956 (86%)$4,51656 (86%)$4,29452 (80%)$5,212
2019-2043 (64%)$4,65143 (64%)$4,42438 (57%)$6,631
2020-2127 (96%)$4,93823 (82%)$3,91620 (71%)$5,126
2021-2294 (94%)$4,71566 (66%)$4,88661 (61%)$4,702
Average53 (88.56%)$4,45649 (83.89%)$4,18841 (69.67%)$5,774

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144 (100%)$4,1663 (75%)$6,572
2014-1514 (88%)$4,07610 (63%)$6,725
2015-1621 (95%)$4,79714 (64%)$6,011
2016-1721 (91%)$5,35517 (74%)$8,216
2017-185 (100%)$4,5222 (40%)$5,858
2018-1911 (85%)$4,77710 (77%)$6,683
2019-2012 (63%)$4,97210 (53%)$9,144
2020-217 (100%)$5,8206 (86%)$6,467
2021-2224 (86%)$6,55621 (75%)$6,383
Average13 (89.78%)$5,00510 (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.
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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-144 (100%)$3,7914 (100%)$375----
2014-1514 (88%)$3,77014 (88%)$306----
2015-1621 (95%)$4,48518 (82%)$364----
2016-1721 (91%)$5,08621 (91%)$269----
2017-185 (100%)$4,2925 (100%)$230----
2018-1911 (85%)$4,53411 (85%)$243----
2019-2012 (63%)$4,74511 (58%)$248----
2020-216 (86%)$5,3967 (100%)$1,195----
2021-2224 (86%)$5,13224 (86%)$1,424----
Average13 (88.22%)$4,58113 (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..
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.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143 (75%)$6,5723 (75%)$6,572--
2014-1510 (63%)$6,72510 (63%)$6,725--
2015-1614 (64%)$6,01114 (64%)$6,011--
2016-1717 (74%)$8,21617 (74%)$8,216--
2017-182 (40%)$5,8582 (40%)$5,858--
2018-1910 (77%)$6,68310 (77%)$6,683--
2019-2010 (53%)$9,14410 (53%)$7,6831 (5%)$14,615
2020-216 (86%)$6,4676 (86%)$6,467--
2021-2221 (75%)$6,38321 (75%)$6,383--
Average10 (67.44%)$6,89510 (67.44%)$6,7331 (5.00%)$14,615
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