Scholarships, Grants, and Loan Trends at MATC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 377, which is 44.33 % of all undergraduate students. 262 students which is 31.33% of undergraduate students received federal student loans and the average loan amount is $5,851.
For full-time, first-time beginning students (freshmen), 58.89% of students received grants or scholarships and 54% 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 Manhattan Area Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 377, which is 44.33 % of all undergraduate students. 262 students which is 31.33% of undergraduate students received federal student loans and the average loan amount is $5,851.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14440 (53%)$3,384360 (44%)$3,483421 (51%)$6,026
2014-15420 (55%)$4,335331 (43%)$3,665401 (52%)$5,796
2015-16361 (41%)$4,243259 (30%)$3,553319 (37%)$5,784
2016-17309 (37%)$4,918210 (25%)$3,738234 (28%)$5,883
2017-18264 (29%)$5,204182 (20%)$3,850222 (24%)$5,905
2018-19265 (34%)$3,936223 (29%)$3,634257 (33%)$5,394
2019-20237 (26%)$4,548166 (18%)$3,950202 (22%)$5,819
2020-21200 (24%)$5,262128 (15%)$4,120155 (18%)$5,992
2021-22896 (100%)$2,030135 (15%)$4,054149 (17%)$6,064
Average377 (44.33%)$4,207222 (26.56%)$3,783262 (31.33%)$5,851

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

For the last 10 years, on average, 43 (58.89 % of students) received grants or scholarships and its average amount is $4,586. It can cover 49.44% of tuition & fees ($9,276) based on out-of-state rate.
In addition, 40 (53.67 % of students) students get helped from the students loans (average amount : $5,594).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1467 (52%)$3,98071 (55%)$5,807
2014-1552 (61%)$4,56558 (68%)$5,592
2015-1636 (51%)$4,55338 (54%)$4,721
2016-1732 (52%)$4,01931 (51%)$4,976
2017-1819 (42%)$4,85920 (44%)$5,772
2018-1937 (57%)$4,90442 (65%)$5,534
2019-2042 (59%)$4,26039 (55%)$6,092
2020-2135 (56%)$4,18728 (45%)$5,447
2021-2270 (100%)$5,94532 (46%)$6,406
Average43 (58.89%)$4,58640 (53.67%)$5,594
*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, 34 (45.56 % of students) received Pell (federal) grants and its average amount is $4,458.
In addition, 7 students received State/local government grants/scholarships (8.88 % of students).
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
2013-1460 (47%)$4,19619 (15%)$14011 (9%)$9553 (2%)$583
2014-1547 (55%)$4,73821 (25%)$18010 (12%)$9902 (2%)$500
2015-1636 (51%)$4,42625 (36%)$1421 (1%)$1,000--
2016-1732 (52%)$3,93213 (21%)$176--2 (3%)$250
2017-1819 (42%)$4,70411 (24%)$1551 (2%)$1,0001 (2%)$250
2018-1929 (45%)$4,67314 (22%)$19313 (20%)$2,67412 (18%)$708
2019-2028 (39%)$4,77327 (38%)$9832 (3%)$5,7397 (10%)$1,032
2020-2122 (35%)$4,05129 (47%)$9626 (10%)$3,0094 (6%)$2,866
2021-2231 (44%)$4,62670 (100%)$2,02010 (14%)$8,65217 (24%)$2,636
Average34 (45.56%)$4,45825 (36.44%)$5507 (8.88%)$3,0026 (8.38%)$1,103
*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, 40 (53.67 % of students) get any students loan help and its average loan amount is $40.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1471 (55%)$5,80771 (55%)$5,6663 (2%)$3,333
2014-1558 (68%)$5,59258 (68%)$5,3851 (1%)$12,000
2015-1638 (54%)$4,72138 (54%)$4,721--
2016-1731 (51%)$4,97631 (51%)$4,7832 (3%)$3,000
2017-1820 (44%)$5,77220 (44%)$5,5381 (2%)$4,680
2018-1942 (65%)$5,53441 (63%)$5,0102 (3%)$13,506
2019-2039 (55%)$6,09238 (54%)$4,8014 (6%)$13,782
2020-2128 (45%)$5,44728 (45%)$5,0042 (3%)$6,200
2021-2232 (46%)$6,40630 (43%)$5,1073 (4%)$17,264
Average40 (53.67%)$5,59439 (53.00%)$5,1132 (3.00%)$9,221
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