How Metro Technology Centers'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 Metro Technology Centers since 2013.

For that period, the average number of students who received grants aid/scholarships is 277, which is 20.78 % of all undergraduate students. 148 students which is 11.11% of undergraduate students received federal student loans and the average loan amount is $6,269.

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	408 (27%)	$3,576	408 (27%)	$3,452	265 (18%)	$5,036
2014-15	380 (29%)	$3,689	380 (29%)	$3,683	248 (19%)	$5,232
2015-16	355 (27%)	$3,729	355 (27%)	$3,565	234 (18%)	$6,775
2016-17	311 (25%)	$3,772	311 (25%)	$3,657	177 (14%)	$7,076
2017-18	248 (18%)	$4,625	248 (18%)	$4,549	125 (9%)	$7,601
2018-19	194 (15%)	$5,282	194 (15%)	$5,029	80 (6%)	$7,532
2019-20	176 (14%)	$4,428	176 (14%)	$4,269	65 (5%)	$6,489
2020-21	117 (11%)	$5,091	117 (11%)	$4,850	70 (6%)	$3,830
2021-22	308 (21%)	$5,204	236 (16%)	$4,702	72 (5%)	$6,850
Average	277 (20.78%)	$4,377	269 (20.22%)	$4,195	148 (11.11%)	$6,269

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

Overview

For the last 10 years, on average, 78 (45.89 % of students) received grants or scholarships and its average amount is $4,613. It can cover 72.52% of tuition & fees ($6,361) based on out-of-state rate.

In addition, 41 (24.56 % of students) students get helped from the students loans (average amount : $6,602).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	79 (45%)	$3,585	59 (34%)	$5,843
2014-15	70 (51%)	$3,939	45 (33%)	$5,239
2015-16	89 (47%)	$3,339	69 (36%)	$7,187
2016-17	74 (48%)	$4,313	40 (26%)	$6,714
2017-18	57 (41%)	$4,258	26 (19%)	$7,081
2018-19	44 (36%)	$4,969	18 (15%)	$7,994
2019-20	33 (39%)	$5,337	16 (19%)	$5,672
2020-21	63 (34%)	$5,955	25 (13%)	$6,755
2021-22	197 (72%)	$5,824	70 (26%)	$6,931
Average	78 (45.89%)	$4,613	41 (24.56%)	$6,602

^*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, 78 (45.89 % of students) received Pell (federal) grants and its average amount is $4,472.

In addition, 11 students received State/local government grants/scholarships (6.89 % 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	79 (45%)	$3,503	-	-	10 (6%)	$642	-	-
2014-15	70 (51%)	$3,840	-	-	9 (7%)	$769	-	-
2015-16	89 (47%)	$3,289	-	-	7 (4%)	$628	-	-
2016-17	74 (48%)	$4,207	-	-	11 (7%)	$712	-	-
2017-18	57 (41%)	$4,220	-	-	4 (3%)	$542	-	-
2018-19	44 (36%)	$4,656	-	-	15 (12%)	$918	-	-
2019-20	33 (39%)	$5,165	-	-	7 (8%)	$812	-	-
2020-21	63 (34%)	$5,767	-	-	14 (8%)	$843	-	-
2021-22	197 (72%)	$5,604	32 (12%)	$1,154	20 (7%)	$328	-	-
Average	78 (45.89%)	$4,472	32 (12.00%)	$1,154	11 (6.89%)	$688	-	-

^*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, 41 (24.56 % of students) get any students loan help and its average loan amount is $41.

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	59 (34%)	$5,843	59 (34%)	$5,843	-	-
2014-15	45 (33%)	$5,239	45 (33%)	$5,239	-	-
2015-16	69 (36%)	$7,187	69 (36%)	$7,187	-	-
2016-17	40 (26%)	$6,714	40 (26%)	$6,714	-	-
2017-18	26 (19%)	$7,081	26 (19%)	$7,081	-	-
2018-19	18 (15%)	$7,994	18 (15%)	$7,994	-	-
2019-20	16 (19%)	$5,672	16 (19%)	$5,672	-	-
2020-21	25 (13%)	$6,755	25 (13%)	$6,755	-	-
2021-22	70 (26%)	$6,931	70 (26%)	$6,931	-	-
Average	41 (24.56%)	$6,602	41 (24.56%)	$6,602	-	-

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Scholarships, Grants, and Loan Trends at Metro Technology Centers

All Undergraduate Students Financial Aid Over Time

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