How Monty Tech'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 Monty Tech since 2013.

For that period, the average number of students who received grants aid/scholarships is 24, which is 62.56 % of all undergraduate students. 30 students which is 78.44% of undergraduate students received federal student loans and the average loan amount is $8,795.

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	37 (90%)	$3,466	25 (61%)	$4,879	37 (90%)	$8,075
2014-15	31 (69%)	$4,901	28 (62%)	$4,999	42 (93%)	$8,350
2015-16	25 (64%)	$3,779	20 (51%)	$4,211	32 (82%)	$7,941
2016-17	27 (60%)	$5,149	26 (58%)	$4,853	35 (78%)	$8,388
2017-18	19 (48%)	$5,843	19 (48%)	$5,352	34 (85%)	$8,687
2018-19	26 (74%)	$11,547	17 (49%)	$5,345	26 (74%)	$11,547
2019-20	12 (32%)	$4,346	9 (24%)	$5,494	14 (38%)	$8,750
2020-21	25 (63%)	$9,436	23 (58%)	$4,730	33 (83%)	$8,121
2021-22	15 (63%)	$6,647	14 (58%)	$6,134	20 (83%)	$9,300
Average	24 (62.56%)	$6,124	20 (52.11%)	$5,111	30 (78.44%)	$8,795

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

Overview

For the last 10 years, on average, 21 (63.33 % of students) received grants or scholarships and its average amount is $5,051. It can cover 35.20% of tuition & fees ($14,350) based on out-of-state rate.

In addition, 27 (78.78 % of students) students get helped from the students loans (average amount : $9,048).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	36 (90%)	$3,562	36 (90%)	$8,168
2014-15	30 (68%)	$4,905	41 (93%)	$8,383
2015-16	25 (68%)	$3,759	32 (86%)	$7,941
2016-17	25 (61%)	$5,312	32 (78%)	$8,293
2017-18	19 (53%)	$5,843	31 (86%)	$9,075
2018-19	24 (73%)	$4,310	25 (76%)	$12,123
2019-20	12 (38%)	$4,346	14 (44%)	$8,750
2020-21	7 (54%)	$6,779	9 (69%)	$9,402
2021-22	15 (65%)	$6,647	20 (87%)	$9,300
Average	21 (63.33%)	$5,051	27 (78.78%)	$9,048

^*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, 18 (52.33 % of students) received Pell (federal) grants and its average amount is $4,968.

In addition, 11 students received State/local government grants/scholarships (34.67 % 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	25 (63%)	$4,879	-	-	14 (35%)	$446	-	-
2014-15	27 (61%)	$5,026	-	-	15 (34%)	$363	12 (27%)	$500
2015-16	20 (54%)	$4,211	-	-	12 (32%)	$479	7 (19%)	$570
2016-17	25 (61%)	$4,814	-	-	14 (34%)	$657	5 (12%)	$650
2017-18	19 (53%)	$5,352	-	-	10 (28%)	$610	6 (17%)	$540
2018-19	17 (52%)	$5,345	-	-	14 (42%)	$699	7 (21%)	$398
2019-20	9 (28%)	$5,494	-	-	7 (22%)	$386	-	-
2020-21	5 (38%)	$3,455	-	-	6 (46%)	$5,030	-	-
2021-22	14 (61%)	$6,134	-	-	9 (39%)	$778	8 (35%)	$853
Average	18 (52.33%)	$4,968	-	-	11 (34.67%)	$1,050	8 (21.83%)	$585

^*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, 27 (78.78 % of students) get any students loan help and its average loan amount is $27.

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	36 (90%)	$8,168	36 (90%)	$8,168	-	-
2014-15	41 (93%)	$8,383	41 (93%)	$8,383	-	-
2015-16	32 (86%)	$7,941	32 (86%)	$7,941	-	-
2016-17	32 (78%)	$8,293	32 (78%)	$8,293	-	-
2017-18	31 (86%)	$9,075	31 (86%)	$8,720	2 (6%)	$5,500
2018-19	25 (76%)	$12,123	24 (73%)	$12,149	1 (3%)	$11,500
2019-20	14 (44%)	$8,750	14 (44%)	$8,750	-	-
2020-21	9 (69%)	$9,402	9 (69%)	$9,402	-	-
2021-22	20 (87%)	$9,300	20 (87%)	$9,300	-	-
Average	27 (78.78%)	$9,048	27 (78.44%)	$9,012	2 (4.50%)	$8,500

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Scholarships, Grants, and Loan Trends at Monty Tech

All Undergraduate Students Financial Aid Over Time

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