How Modern Technology School'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 Modern Technology School since 2013.

For that period, the average number of students who received grants aid/scholarships is 89, which is 51.33 % of all undergraduate students. 84 students which is 48.44% of undergraduate students received federal student loans and the average loan amount is $10,729.

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	121 (86%)	$4,874	89 (63%)	$5,422	107 (76%)	$9,376
2014-15	99 (53%)	$4,931	70 (37%)	$5,114	73 (39%)	$11,896
2015-16	121 (70%)	$3,345	89 (51%)	$3,472	107 (61%)	$7,387
2016-17	79 (48%)	$6,989	67 (41%)	$5,168	62 (38%)	$11,717
2017-18	81 (50%)	$6,537	81 (50%)	$5,416	90 (56%)	$10,728
2018-19	93 (49%)	$5,265	93 (49%)	$5,265	88 (46%)	$11,859
2019-20	53 (33%)	$5,480	53 (33%)	$5,480	70 (44%)	$11,564
2020-21	69 (35%)	$5,938	69 (35%)	$5,938	76 (38%)	$10,399
2021-22	82 (38%)	$4,662	60 (28%)	$5,858	82 (38%)	$11,634
Average	89 (51.33%)	$5,336	75 (43.00%)	$5,237	84 (48.44%)	$10,729

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

Overview

For the last 10 years, on average, 66 (59.00 % of students) received grants or scholarships and its average amount is $4,787. It can cover 14.95% of tuition & fees ($32,027).

In addition, 73 (65.11 % of students) students get helped from the students loans (average amount : $11,540).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	89 (70%)	$3,708	87 (68%)	$14,336
2014-15	70 (60%)	$4,489	73 (63%)	$12,896
2015-16	74 (58%)	$4,137	73 (57%)	$10,429
2016-17	58 (55%)	$4,762	61 (58%)	$10,270
2017-18	68 (58%)	$4,352	63 (53%)	$10,088
2018-19	73 (65%)	$4,899	87 (77%)	$11,697
2019-20	49 (56%)	$5,498	67 (76%)	$11,992
2020-21	57 (53%)	$5,451	67 (62%)	$11,334
2021-22	59 (56%)	$5,788	76 (72%)	$10,815
Average	66 (59.00%)	$4,787	73 (65.11%)	$11,540

^*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, 64 (56.89 % of students) received Pell (federal) grants and its average amount is $4,838.

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	73 (57%)	$4,126	48 (38%)	$599	-	-	-	-
2014-15	63 (54%)	$4,531	41 (35%)	$702	-	-	-	-
2015-16	74 (58%)	$4,137	-	-	-	-	-	-
2016-17	58 (55%)	$4,762	-	-	-	-	-	-
2017-18	68 (58%)	$4,352	-	-	-	-	-	-
2018-19	73 (65%)	$4,899	-	-	-	-	-	-
2019-20	49 (56%)	$5,498	-	-	-	-	-	-
2020-21	57 (53%)	$5,451	-	-	-	-	-	-
2021-22	59 (56%)	$5,788	-	-	-	-	-	-
Average	64 (56.89%)	$4,838	45 (36.50%)	$651	-	-	-	-

^*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, 73 (65.11 % of students) get any students loan help and its average loan amount is $73.

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	87 (68%)	$14,336	87 (68%)	$10,678	19 (15%)	$16,752
2014-15	73 (63%)	$12,896	69 (59%)	$10,991	12 (10%)	$15,250
2015-16	73 (57%)	$10,429	73 (57%)	$10,429	-	-
2016-17	61 (58%)	$10,270	61 (58%)	$10,270	-	-
2017-18	63 (53%)	$10,088	63 (53%)	$10,088	-	-
2018-19	87 (77%)	$11,697	87 (77%)	$11,697	-	-
2019-20	67 (76%)	$11,992	67 (76%)	$11,992	-	-
2020-21	67 (62%)	$11,334	67 (62%)	$11,334	-	-
2021-22	76 (72%)	$10,815	76 (72%)	$10,815	-	-
Average	73 (65.11%)	$11,540	72 (64.67%)	$10,922	16 (12.50%)	$16,001

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Scholarships, Grants, and Loan Trends at Modern Technology School

All Undergraduate Students Financial Aid Over Time

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