How Mercer County Technical Education Center'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 Mercer County Technical Education Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 101, which is 63.89 % of all undergraduate students.

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	141 (39%)	$2,545	65 (18%)	$4,417	-	-
2014-15	168 (79%)	$1,754	70 (33%)	$3,747	-	-
2015-16	92 (51%)	$3,400	54 (30%)	$5,343	-	-
2016-17	66 (42%)	$4,715	66 (42%)	$4,488	-	-
2017-18	157 (89%)	$2,422	79 (45%)	$3,232	-	-
2018-19	63 (66%)	$6,687	63 (66%)	$6,037	-	-
2019-20	101 (84%)	$4,297	56 (47%)	$5,552	-	-
2020-21	59 (67%)	$6,906	55 (63%)	$7,316	-	-
2021-22	61 (58%)	$5,330	48 (45%)	$6,456	-	-
Average	101 (63.89%)	$4,228	62 (43.22%)	$5,176	-	-

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

Overview

For the last 10 years, on average, 39 (83.00 % of students) received grants or scholarships and its average amount is $5,086. It can cover 86.54% of tuition & fees ($5,877) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	72 (87%)	$4,409	-	-
2014-15	70 (80%)	$3,792	-	-
2015-16	45 (80%)	$5,287	-	-
2016-17	32 (80%)	$5,480	-	-
2017-18	41 (80%)	$4,408	-	-
2018-19	26 (90%)	$5,829	-	-
2019-20	22 (88%)	$4,010	-	-
2020-21	25 (83%)	$6,002	-	-
2021-22	19 (79%)	$6,558	-	-
Average	39 (83.00%)	$5,086	-	-

^*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, 34 (72.56 % of students) received Pell (federal) grants and its average amount is $5,284.

In addition, 5 students received State/local government grants/scholarships (13.11 % 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	64 (77%)	$4,398	7 (8%)	$4,824	1 (1%)	$2,200	-	-
2014-15	67 (77%)	$3,872	-	-	3 (3%)	$2,010	-	-
2015-16	45 (80%)	$5,265	-	-	1 (2%)	$500	1 (2%)	$500
2016-17	32 (80%)	$5,136	-	-	4 (10%)	$2,500	1 (3%)	$1,000
2017-18	21 (41%)	$5,515	-	-	21 (41%)	$3,092	-	-
2018-19	26 (90%)	$5,480	-	-	4 (14%)	$2,140	1 (3%)	$500
2019-20	15 (60%)	$4,649	-	-	8 (32%)	$2,310	-	-
2020-21	23 (77%)	$6,328	-	-	2 (7%)	$2,250	-	-
2021-22	17 (71%)	$6,917	-	-	2 (8%)	$3,514	-	-
Average	34 (72.56%)	$5,284	7 (8.00%)	$4,824	5 (13.11%)	$2,280	1 (2.67%)	$667

^*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..

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Scholarships, Grants, and Loan Trends at Mercer County Technical Education Center

All Undergraduate Students Financial Aid Over Time

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