Scholarships, Grants, and Loan Trends at MVCTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 293, which is 71.44 % of all undergraduate students. 244 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $7,530.
For full-time, first-time beginning students (freshmen), 60.44% of students received grants or scholarships and 44% 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 Miami Valley Career Technology Center since 2013.
For that period, the average number of students who received grants aid/scholarships is 293, which is 71.44 % of all undergraduate students. 244 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $7,530.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14324 (54%)$7,896227 (38%)$3,762265 (44%)$5,644
2014-15336 (80%)$4,603254 (60%)$4,743256 (61%)$7,219
2015-16353 (63%)$5,607292 (53%)$5,012318 (57%)$7,126
2016-17351 (64%)$5,457285 (52%)$5,168330 (60%)$7,800
2017-18302 (66%)$5,926252 (55%)$5,625294 (64%)$8,111
2018-19358 (98%)$5,258253 (69%)$5,922252 (69%)$9,007
2019-20238 (74%)$6,995224 (70%)$5,358219 (68%)$8,880
2020-21191 (69%)$5,752149 (54%)$5,708162 (58%)$8,248
2021-22185 (75%)$4,14693 (38%)$3,573101 (41%)$5,736
Average293 (71.44%)$5,738225 (54.33%)$4,986244 (58.00%)$7,530

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

For the last 10 years, on average, 77 (60.44 % of students) received grants or scholarships and its average amount is $5,228. It can cover 857.03% of tuition & fees ($610) based on out-of-state rate.
In addition, 59 (44.22 % of students) students get helped from the students loans (average amount : $7,215).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1456 (32%)$4,27950 (29%)$5,765
2014-1578 (85%)$4,71460 (65%)$6,479
2015-1697 (57%)$5,65287 (51%)$7,060
2016-1793 (50%)$7,73294 (51%)$7,969
2017-1869 (46%)$6,18970 (46%)$7,447
2018-19113 (95%)$3,09152 (44%)$8,033
2019-2059 (56%)$6,70049 (47%)$9,682
2020-2156 (48%)$5,49846 (40%)$7,236
2021-2269 (75%)$3,19623 (25%)$5,260
Average77 (60.44%)$5,22859 (44.22%)$7,215
*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, 57 (43.33 % of students) received Pell (federal) grants and its average amount is $4,916.
In addition, 17 students received State/local government grants/scholarships (14.00 % 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
2013-1448 (27%)$4,324--7 (4%)$4,5411 (1%)$300
2014-1563 (68%)$4,3195 (5%)$8,46810 (11%)$5,2741 (1%)$500
2015-1688 (52%)$4,9369 (5%)$6,3309 (5%)$6,330--
2016-1783 (45%)$5,36019 (10%)$7,01619 (10%)$7,0166 (3%)$1,250
2017-1860 (40%)$5,5066 (4%)$7,7196 (4%)$7,7193 (2%)$1,333
2018-1949 (41%)$6,059--60 (50%)$8164 (3%)$875
2019-2052 (50%)$5,82224 (23%)$3,0702 (2%)$5,31311 (10%)$750
2020-2144 (38%)$4,83412 (10%)$7,934----
2021-2227 (29%)$3,08646 (50%)$2,36224 (26%)$1,188--
Average57 (43.33%)$4,91617 (15.29%)$6,12817 (14.00%)$4,7754 (3.33%)$835
*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, 59 (44.22 % of students) get any students loan help and its average loan amount is $59.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1450 (29%)$5,76549 (28%)$5,8331 (1%)$2,400
2014-1560 (65%)$6,47960 (65%)$6,479--
2015-1687 (51%)$7,06087 (51%)$7,060--
2016-1794 (51%)$7,96994 (51%)$7,969--
2017-1870 (46%)$7,44770 (46%)$7,447--
2018-1952 (44%)$8,03352 (44%)$8,033--
2019-2049 (47%)$9,68249 (47%)$9,682--
2020-2146 (40%)$7,23646 (40%)$7,236--
2021-2223 (25%)$5,26023 (25%)$5,260--
Average59 (44.22%)$7,21559 (44.11%)$7,2221 (1.00%)$2,400
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