How Meridian Technology 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 Meridian Technology Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 172, which is 19.11 % 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	189 (24%)	$3,327	144 (18%)	$3,248	-	-
2014-15	217 (25%)	$3,276	127 (15%)	$4,280	-	-
2015-16	121 (15%)	$2,653	59 (7%)	$3,513	-	-
2016-17	161 (18%)	$2,972	99 (11%)	$3,292	-	-
2017-18	76 (8%)	$4,360	52 (5%)	$3,680	-	-
2018-19	136 (13%)	$4,404	101 (10%)	$3,952	-	-
2019-20	139 (13%)	$3,151	81 (8%)	$3,477	-	-
2020-21	200 (21%)	$3,968	75 (8%)	$5,772	-	-
2021-22	306 (35%)	$3,772	81 (9%)	$5,875	-	-
Average	172 (19.11%)	$3,543	91 (10.11%)	$4,121	-	-

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

Overview

For the last 10 years, on average, 21 (58.11 % of students) received grants or scholarships and its average amount is $4,450. It can cover 247.24% of tuition & fees ($1,800) 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	25 (69%)	$4,281	-	-
2014-15	21 (78%)	$5,092	-	-
2015-16	10 (43%)	$4,911	-	-
2016-17	19 (61%)	$3,865	-	-
2017-18	12 (25%)	$4,921	-	-
2018-19	22 (50%)	$4,927	-	-
2019-20	21 (50%)	$3,873	-	-
2020-21	22 (54%)	$3,924	-	-
2021-22	39 (93%)	$4,259	-	-
Average	21 (58.11%)	$4,450	-	-

^*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, 14 (39.78 % of students) received Pell (federal) grants and its average amount is $4,710.

In addition, 7 students received State/local government grants/scholarships (21.56 % 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	21 (58%)	$4,199	-	-	8 (22%)	$605	13 (36%)	$1,078
2014-15	19 (70%)	$4,825	2 (7%)	$2,614	7 (26%)	$1,066	3 (11%)	$855
2015-16	9 (39%)	$4,507	1 (4%)	$1,000	8 (35%)	$369	5 (22%)	$920
2016-17	14 (45%)	$4,253	-	-	12 (39%)	$419	9 (29%)	$984
2017-18	10 (21%)	$4,904	1 (2%)	$4,072	3 (6%)	$1,863	1 (2%)	$350
2018-19	15 (34%)	$5,408	-	-	8 (18%)	$1,155	9 (20%)	$2,004
2019-20	15 (36%)	$3,533	10 (24%)	$1,061	11 (26%)	$994	5 (12%)	$1,358
2020-21	9 (22%)	$4,866	15 (37%)	$1,951	4 (10%)	$1,071	6 (15%)	$1,498
2021-22	14 (33%)	$5,896	39 (93%)	$1,666	5 (12%)	$1,082	11 (26%)	$1,196
Average	14 (39.78%)	$4,710	11 (27.83%)	$2,061	7 (21.56%)	$958	7 (19.22%)	$1,138

^*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 Meridian Technology Center

All Undergraduate Students Financial Aid Over Time

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