Scholarships, Grants, and Loan Trends at Northeast Technical Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 365, which is 68.44 % of all undergraduate students. 292 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $5,351.
For full-time, first-time beginning students (freshmen), 66.44% of students received grants or scholarships and 53% 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 Northeast Technical Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 365, which is 68.44 % of all undergraduate students. 292 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $5,351.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14303 (47%)$4,144251 (39%)$3,216239 (37%)$6,992
2014-15425 (68%)$3,900357 (57%)$2,908339 (54%)$5,169
2015-16428 (63%)$4,731350 (52%)$3,291369 (55%)$5,105
2016-17475 (70%)$3,041114 (17%)$5,798339 (50%)$3,837
2017-18394 (72%)$4,950184 (34%)$3,473349 (64%)$5,148
2018-19449 (69%)$4,785171 (26%)$3,199360 (56%)$5,032
2019-20290 (64%)$4,74283 (18%)$3,309246 (54%)$4,909
2020-21304 (82%)$5,28792 (25%)$3,473228 (61%)$5,785
2021-22214 (81%)$6,589142 (54%)$3,817161 (61%)$6,181
Average365 (68.44%)$4,685194 (35.78%)$3,609292 (54.67%)$5,351

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

For the last 10 years, on average, 178 (66.44 % of students) received grants or scholarships and its average amount is $4,800. It can cover 26.69% of tuition & fees ($17,982).
In addition, 143 (52.78 % of students) students get helped from the students loans (average amount : $6,025).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14225 (69%)$4,010192 (59%)$6,603
2014-15267 (78%)$3,125181 (53%)$5,680
2015-16210 (65%)$4,904151 (46%)$5,919
2016-17105 (40%)$4,048149 (57%)$6,369
2017-18145 (70%)$4,856122 (59%)$6,860
2018-19218 (65%)$4,907189 (57%)$5,258
2019-20135 (57%)$5,585103 (43%)$5,340
2020-21149 (74%)$5,077101 (50%)$5,811
2021-22149 (80%)$6,68495 (51%)$6,387
Average178 (66.44%)$4,800143 (52.78%)$6,025
*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, 128 (46.78 % of students) received Pell (federal) grants and its average amount is $3,461.
In addition, 72 students received State/local government grants/scholarships (27.56 % 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
2013-14163 (50%)$3,2053 (1%)$3,997120 (37%)$3,0424 (1%)$675
2014-15200 (58%)$3,1221 (0%)$80069 (20%)$2,59056 (16%)$543
2015-16159 (49%)$3,1031 (0%)$1,15089 (27%)$5,70356 (17%)$495
2016-1792 (35%)$3,70012 (5%)$1,30010 (4%)$5,70021 (8%)$575
2017-18120 (58%)$3,3341 (0%)$1,35045 (22%)$5,88982 (39%)$460
2018-19171 (51%)$3,199--93 (28%)$5,085118 (35%)$423
2019-2065 (27%)$4,22536 (15%)$50071 (30%)$6,07259 (25%)$513
2020-2192 (46%)$3,47391 (45%)$10258 (29%)$5,29279 (39%)$1,528
2021-2288 (47%)$3,79061 (33%)$1,90295 (51%)$5,33121 (11%)$1,907
Average128 (46.78%)$3,46126 (19.80%)$1,38872 (27.56%)$4,96755 (21.22%)$791
*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, 143 (52.78 % of students) get any students loan help and its average loan amount is $143.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14192 (59%)$6,603192 (59%)$6,01415 (5%)$7,545
2014-15181 (53%)$5,680181 (53%)$5,4345 (1%)$8,894
2015-16151 (46%)$5,919149 (46%)$5,7075 (2%)$8,676
2016-17149 (57%)$6,369127 (49%)$6,17422 (8%)$7,500
2017-18122 (59%)$6,860121 (58%)$6,12216 (8%)$6,009
2018-19189 (57%)$5,258182 (54%)$5,13218 (5%)$3,323
2019-20103 (43%)$5,340101 (43%)$4,9928 (3%)$5,734
2020-21101 (50%)$5,81195 (47%)$5,63913 (6%)$3,934
2021-2295 (51%)$6,38795 (51%)$6,1823 (2%)$6,474
Average143 (52.78%)$6,025138 (51.11%)$5,71112 (4.44%)$6,454
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