Scholarships, Grants, and Loan Trends at Marion Technical

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 947, which is 38.11 % of all undergraduate students. 413 students which is 16.56% of undergraduate students received federal student loans and the average loan amount is $4,056.

For full-time, first-time beginning students (freshmen), 82.56% of students received grants or scholarships and 30% of students received student loans.

School Home 2023 Financial Aid

There are multiple same-named institutes of Marion Technical College. This page describes a school located in Marion, OH. You may want to view a school located in another city and/or state on the Marion Technical College locations page.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Marion Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 947, which is 38.11 % of all undergraduate students. 413 students which is 16.56% of undergraduate students received federal student loans and the average loan amount is $4,056.

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	1,269 (47%)	$5,486	1,009 (37%)	$3,735	664 (25%)	$4,297
2014-15	1,127 (46%)	$5,185	860 (35%)	$3,645	576 (23%)	$4,056
2015-16	867 (36%)	$3,747	762 (31%)	$3,816	476 (20%)	$4,206
2016-17	818 (31%)	$3,608	696 (27%)	$3,694	439 (17%)	$4,297
2017-18	758 (30%)	$3,656	650 (26%)	$3,601	358 (14%)	$3,669
2018-19	754 (32%)	$3,737	629 (26%)	$3,767	328 (14%)	$3,948
2019-20	899 (36%)	$3,589	617 (24%)	$3,813	339 (13%)	$4,154
2020-21	925 (43%)	$3,281	538 (25%)	$3,653	292 (14%)	$3,848
2021-22	1,108 (42%)	$3,215	554 (21%)	$3,532	246 (9%)	$4,029
Average	947 (38.11%)	$3,945	702 (28.00%)	$3,695	413 (16.56%)	$4,056

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

Overview

For the last 10 years, on average, 115 (82.56 % of students) received grants or scholarships and its average amount is $4,177. It can cover 37.75% of tuition & fees ($11,065) based on out-of-state rate.

In addition, 43 (30.44 % of students) students get helped from the students loans (average amount : $4,268).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	148 (78%)	$4,016	74 (39%)	$3,803
2014-15	91 (88%)	$3,911	38 (37%)	$3,733
2015-16	105 (72%)	$4,059	51 (35%)	$3,665
2016-17	114 (88%)	$3,846	41 (32%)	$4,348
2017-18	73 (71%)	$4,011	30 (29%)	$3,702
2018-19	128 (73%)	$4,779	42 (24%)	$4,863
2019-20	154 (82%)	$4,054	60 (32%)	$4,706
2020-21	125 (91%)	$4,231	33 (24%)	$4,428
2021-22	96 (100%)	$4,688	21 (22%)	$5,168
Average	115 (82.56%)	$4,177	43 (30.44%)	$4,268

^*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, 88 (62.67 % of students) received Pell (federal) grants and its average amount is $4,388.

In addition, 12 students received State/local government grants/scholarships (8.25 % of students).

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	140 (74%)	$4,019	-	-	-	-	19 (10%)	$1,670
2014-15	83 (81%)	$3,897	5 (5%)	$175	1 (1%)	$3,954	16 (16%)	$1,727
2015-16	87 (60%)	$4,257	7 (5%)	$214	5 (3%)	$467	35 (24%)	$1,484
2016-17	84 (65%)	$4,249	1 (1%)	$175	22 (17%)	$488	38 (29%)	$1,861
2017-18	55 (53%)	$4,387	4 (4%)	$300	7 (7%)	$701	28 (27%)	$1,621
2018-19	108 (62%)	$4,689	27 (15%)	$230	22 (13%)	$684	52 (30%)	$1,616
2019-20	104 (56%)	$4,559	118 (63%)	$586	21 (11%)	$428	51 (27%)	$1,414
2020-21	76 (55%)	$4,787	109 (79%)	$859	8 (6%)	$928	50 (36%)	$1,282
2021-22	56 (58%)	$4,647	95 (99%)	$1,405	8 (8%)	$1,441	34 (35%)	$1,317
Average	88 (62.67%)	$4,388	46 (33.88%)	$493	12 (8.25%)	$1,136	36 (26.00%)	$1,555

^*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, 43 (30.44 % of students) get any students loan help and its average loan amount is $43.

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	74 (39%)	$3,803	74 (39%)	$3,709	1 (1%)	$6,960
2014-15	38 (37%)	$3,733	38 (37%)	$3,733	-	-
2015-16	51 (35%)	$3,665	49 (34%)	$3,567	3 (2%)	$4,058
2016-17	41 (32%)	$4,348	40 (31%)	$4,202	1 (1%)	$10,180
2017-18	30 (29%)	$3,702	30 (29%)	$3,646	1 (1%)	$1,700
2018-19	42 (24%)	$4,863	40 (23%)	$4,531	3 (2%)	$7,677
2019-20	60 (32%)	$4,706	58 (31%)	$4,703	2 (1%)	$4,797
2020-21	33 (24%)	$4,428	30 (22%)	$4,090	4 (3%)	$5,850
2021-22	21 (22%)	$5,168	20 (21%)	$5,131	1 (1%)	$5,900
Average	43 (30.44%)	$4,268	42 (29.67%)	$4,146	2 (1.50%)	$5,890

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