Scholarships, Grants, and Loan Trends at MATC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 8,273, which is 56.78 % of all undergraduate students. 6,360 students which is 42.33% of undergraduate students received federal student loans and the average loan amount is $5,069.
For full-time, first-time beginning students (freshmen), 69.33% of students received grants or scholarships and 46% 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 Milwaukee Area Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 8,273, which is 56.78 % of all undergraduate students. 6,360 students which is 42.33% of undergraduate students received federal student loans and the average loan amount is $5,069.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149,794 (55%)$4,0249,362 (52%)$3,2719,518 (53%)$4,400
2014-159,213 (55%)$4,0988,682 (52%)$3,3048,599 (51%)$4,341
2015-167,563 (50%)$3,9377,124 (47%)$3,2536,904 (45%)$4,225
2016-179,019 (60%)$3,3696,914 (46%)$3,2586,079 (40%)$4,000
2017-186,923 (51%)$5,3486,532 (48%)$4,3745,224 (38%)$3,952
2018-197,451 (49%)$4,6816,807 (45%)$3,6736,506 (43%)$5,189
2019-208,030 (55%)$3,7056,850 (47%)$3,9365,256 (36%)$6,575
2020-217,839 (63%)$4,6405,366 (43%)$3,6275,705 (46%)$6,861
2021-228,623 (73%)$4,1944,939 (42%)$3,7793,445 (29%)$6,077
Average8,273 (56.78%)$4,2226,953 (46.89%)$3,6086,360 (42.33%)$5,069

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

For the last 10 years, on average, 667 (69.33 % of students) received grants or scholarships and its average amount is $5,405. It can cover 74.97% of tuition & fees ($7,210) based on out-of-state rate.
In addition, 429 (45.78 % of students) students get helped from the students loans (average amount : $4,491).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14727 (81%)$4,045535 (60%)$4,297
2014-15467 (71%)$5,095369 (56%)$4,418
2015-16460 (55%)$4,713374 (44%)$3,876
2016-17778 (63%)$4,892401 (32%)$3,634
2017-18938 (71%)$6,363469 (36%)$3,619
2018-19652 (64%)$5,818544 (53%)$4,169
2019-20698 (70%)$6,208365 (37%)$5,172
2020-21608 (74%)$5,866482 (59%)$5,853
2021-22677 (75%)$5,646319 (35%)$5,380
Average667 (69.33%)$5,405429 (45.78%)$4,491
*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, 595 (61.56 % of students) received Pell (federal) grants and its average amount is $4,603.
In addition, 509 students received State/local government grants/scholarships (52.11 % 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
2013-14584 (65%)$4,26141 (5%)$1,171347 (39%)$1,1534 (0%)$1,000
2014-15463 (71%)$4,23618 (3%)$1,458357 (55%)$1,0912 (0%)$1,125
2015-16443 (53%)$4,14510 (1%)$1,100293 (35%)$1,05212 (1%)$1,056
2016-17735 (59%)$4,14119 (2%)$1,263662 (53%)$1,04939 (3%)$1,105
2017-18912 (69%)$5,28643 (3%)$1,895818 (62%)$1,153150 (11%)$818
2018-19620 (61%)$4,69239 (4%)$1,187596 (58%)$1,22265 (6%)$1,686
2019-20628 (63%)$4,955292 (29%)$1,227603 (61%)$1,26162 (6%)$1,645
2020-21476 (58%)$4,840345 (42%)$1,665451 (55%)$1,269117 (14%)$990
2021-22496 (55%)$4,874461 (51%)$1,670454 (51%)$1,12476 (8%)$1,639
Average595 (61.56%)$4,603141 (15.56%)$1,404509 (52.11%)$1,15359 (7.00%)$1,229
*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, 429 (45.78 % of students) get any students loan help and its average loan amount is $429.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14535 (60%)$4,297535 (60%)$4,2246 (1%)$6,458
2014-15369 (56%)$4,418367 (56%)$4,3704 (1%)$6,570
2015-16374 (44%)$3,876371 (44%)$3,7718 (1%)$6,314
2016-17401 (32%)$3,634400 (32%)$3,6362 (0%)$1,500
2017-18469 (36%)$3,619467 (35%)$3,53810 (1%)$4,483
2018-19544 (53%)$4,169544 (53%)$4,1524 (0%)$2,270
2019-20365 (37%)$5,172365 (37%)$5,1372 (0%)$6,290
2020-21482 (59%)$5,853480 (58%)$5,8413 (0%)$5,917
2021-22319 (35%)$5,380319 (35%)$5,2086 (1%)$9,171
Average429 (45.78%)$4,491428 (45.56%)$4,4315 (1.00%)$5,441
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