How MTC'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 Midlands Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,248, which is 81.00 % of all undergraduate students. 3,217 students which is 30.67% of undergraduate students received federal student loans and the average loan amount is $4,262.

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	9,364 (80%)	$5,693	6,008 (52%)	$3,390	4,865 (42%)	$4,152
2014-15	9,140 (80%)	$5,634	5,790 (51%)	$3,471	4,379 (38%)	$4,176
2015-16	8,782 (80%)	$5,604	5,361 (49%)	$3,429	3,962 (36%)	$4,310
2016-17	8,342 (78%)	$3,599	4,841 (45%)	$3,355	3,658 (34%)	$4,331
2017-18	7,862 (74%)	$3,778	4,520 (43%)	$3,601	3,158 (30%)	$4,385
2018-19	7,453 (75%)	$3,951	4,151 (42%)	$3,697	2,800 (28%)	$4,326
2019-20	7,364 (80%)	$4,401	4,028 (44%)	$3,859	2,571 (28%)	$4,431
2020-21	7,738 (88%)	$3,972	3,457 (39%)	$3,852	1,960 (22%)	$4,171
2021-22	8,185 (94%)	$4,236	3,343 (38%)	$3,839	1,602 (18%)	$4,080
Average	8,248 (81.00%)	$4,541	4,611 (44.78%)	$3,610	3,217 (30.67%)	$4,262

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

Overview

For the last 10 years, on average, 1,416 (92.11 % of students) received grants or scholarships and its average amount is $5,631. It can cover 40.77% of tuition & fees ($13,812) based on out-of-state rate.

In addition, 440 (28.22 % of students) students get helped from the students loans (average amount : $4,835).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,440 (92%)	$4,915	549 (35%)	$3,920
2014-15	1,547 (92%)	$4,964	555 (33%)	$4,280
2015-16	1,465 (93%)	$5,202	487 (31%)	$4,724
2016-17	1,441 (89%)	$4,950	547 (34%)	$4,879
2017-18	1,416 (90%)	$5,422	461 (29%)	$5,363
2018-19	1,438 (92%)	$5,852	453 (29%)	$5,375
2019-20	1,529 (93%)	$6,188	426 (26%)	$5,126
2020-21	1,286 (97%)	$5,874	244 (18%)	$4,823
2021-22	1,178 (91%)	$7,310	242 (19%)	$5,025
Average	1,416 (92.11%)	$5,631	440 (28.22%)	$4,835

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 764 (49.56 % of students) received Pell (federal) grants and its average amount is $4,513.

In addition, 1,139 students received State/local government grants/scholarships (74.33 % 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	861 (55%)	$4,101	19 (1%)	$1,007	1,085 (69%)	$3,247	8 (1%)	$622
2014-15	888 (53%)	$4,290	17 (1%)	$1,403	1,141 (68%)	$3,370	1 (0%)	$191
2015-16	823 (52%)	$4,170	26 (2%)	$723	1,149 (73%)	$3,627	1 (0%)	$2,542
2016-17	794 (49%)	$4,103	12 (1%)	$665	1,090 (68%)	$3,542	10 (1%)	$670
2017-18	762 (48%)	$4,618	21 (1%)	$441	1,139 (72%)	$3,633	10 (1%)	$1,010
2018-19	737 (47%)	$4,740	63 (4%)	$665	1,236 (79%)	$3,939	12 (1%)	$950
2019-20	814 (50%)	$4,785	1,109 (67%)	$450	1,300 (79%)	$3,888	17 (1%)	$809
2020-21	605 (46%)	$4,918	1,084 (82%)	$235	1,077 (81%)	$4,007	11 (1%)	$768
2021-22	595 (46%)	$4,893	1,145 (88%)	$1,451	1,037 (80%)	$3,884	12 (1%)	$923
Average	764 (49.56%)	$4,513	388 (27.44%)	$782	1,139 (74.33%)	$3,682	9 (1.00%)	$943

^*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, 440 (28.22 % of students) get any students loan help and its average loan amount is $440.

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	549 (35%)	$3,920	544 (35%)	$3,816	13 (1%)	$5,827
2014-15	555 (33%)	$4,280	545 (33%)	$4,109	20 (1%)	$6,784
2015-16	487 (31%)	$4,724	479 (30%)	$4,443	19 (1%)	$9,074
2016-17	547 (34%)	$4,879	529 (33%)	$4,367	35 (2%)	$10,241
2017-18	461 (29%)	$5,363	443 (28%)	$4,544	37 (2%)	$12,408
2018-19	453 (29%)	$5,375	432 (28%)	$4,738	39 (2%)	$9,951
2019-20	426 (26%)	$5,126	408 (25%)	$4,586	28 (2%)	$11,154
2020-21	244 (18%)	$4,823	233 (18%)	$4,363	20 (2%)	$8,016
2021-22	242 (19%)	$5,025	224 (17%)	$4,189	26 (2%)	$10,678
Average	440 (28.22%)	$4,835	426 (27.44%)	$4,351	26 (1.67%)	$9,348

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Scholarships, Grants, and Loan Trends at MTC

All Undergraduate Students Financial Aid Over Time

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