Scholarships, Grants, and Loan Trends at ITI

Over the past 9 years (2014-2022), the average number of students who received grants aid/scholarships is 103, which is 86.13 % of all undergraduate students. 61 students which is 45.43% of undergraduate students received federal student loans and the average loan amount is $6,045.
For full-time, first-time beginning students (freshmen), 93.38% of students received grants or scholarships and 50% 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 InterAmerican Technical Institute since 2014.
For that period, the average number of students who received grants aid/scholarships is 103, which is 86.13 % of all undergraduate students. 61 students which is 45.43% of undergraduate students received federal student loans and the average loan amount is $6,045.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1535 (61%)$5,17435 (61%)$2,38813 (23%)$7,500
2015-1668 (100%)$3,63068 (100%)$3,630--
2016-17122 (99%)$4,748122 (99%)$4,74824 (20%)$2,768
2017-18134 (98%)$5,050134 (98%)$4,51627 (20%)$2,648
2018-19114 (91%)$4,679114 (91%)$4,67925 (20%)$8,870
2019-2081 (94%)$5,25581 (94%)$5,25585 (99%)$5,718
2020-21123 (64%)$4,899123 (64%)$4,899111 (58%)$8,562
2021-22150 (82%)$4,390150 (82%)$4,390143 (78%)$6,251
Average103 (86.13%)$4,728103 (86.13%)$4,31361 (45.43%)$6,045

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

For the last 9 years, on average, 84 (93.38 % of students) received grants or scholarships and its average amount is $4,205. It can cover 44.98% of tuition & fees ($9,350).
In addition, 52 (50.43 % of students) students get helped from the students loans (average amount : $5,906).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1535 (73%)$2,38813 (27%)$7,500
2015-1655 (100%)$3,564--
2016-17110 (99%)$4,83724 (22%)$2,768
2017-1859 (100%)$4,0124 (7%)$1,767
2018-19114 (100%)$4,67925 (22%)$8,870
2019-2081 (94%)$5,25585 (99%)$5,718
2020-2172 (81%)$4,54672 (81%)$8,445
2021-22148 (100%)$4,362141 (95%)$6,273
Average84 (93.38%)$4,20552 (50.43%)$5,906
*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 9 years, on average, 84 (93.38 % of students) received Pell (federal) grants and its average amount is $4,205.
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
2014-1535 (73%)$2,388------
2015-1655 (100%)$3,564------
2016-17110 (99%)$4,837------
2017-1859 (100%)$4,012------
2018-19114 (100%)$4,679------
2019-2081 (94%)$5,255------
2020-2172 (81%)$4,546------
2021-22148 (100%)$4,362------
Average84 (93.38%)$4,205------
*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 9 years, on average, 52 (50.43 % of students) get any students loan help and its average loan amount is $52.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1513 (27%)$7,50013 (27%)$7,500--
2015-16------
2016-1724 (22%)$2,76824 (22%)$2,768--
2017-184 (7%)$1,7674 (7%)$1,767--
2018-1925 (22%)$8,87025 (22%)$8,870--
2019-2085 (99%)$5,71885 (99%)$5,718--
2020-2172 (81%)$8,44572 (81%)$8,445--
2021-22141 (95%)$6,273141 (95%)$6,273--
Average52 (50.43%)$5,90652 (50.43%)$5,906--
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