Scholarships, Grants, and Loan Trends at OCVTS

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 222, which is 53.22 % of all undergraduate students. 151 students which is 33.78% of undergraduate students received federal student loans and the average loan amount is $5,564.
For full-time, first-time beginning students (freshmen), 53.22% of students received grants or scholarships and 34% 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 Ocean County Vocational-Technical School since 2013.
For that period, the average number of students who received grants aid/scholarships is 222, which is 53.22 % of all undergraduate students. 151 students which is 33.78% of undergraduate students received federal student loans and the average loan amount is $5,564.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (41%)$4,024192 (36%)$3,597183 (34%)$5,020
2014-15200 (37%)$3,534181 (33%)$3,557267 (49%)$3,655
2015-16173 (33%)$3,927165 (31%)$3,888226 (43%)$3,534
2016-17196 (47%)$4,227160 (38%)$4,088151 (36%)$6,180
2017-18133 (37%)$4,18394 (26%)$4,739108 (30%)$3,899
2018-19214 (58%)$4,234151 (41%)$4,918137 (37%)$6,142
2019-20283 (77%)$4,080157 (43%)$5,277117 (32%)$4,520
2020-21349 (100%)$4,575129 (37%)$5,34399 (28%)$7,231
2021-22225 (49%)$4,368164 (36%)$5,20268 (15%)$9,891
Average222 (53.22%)$4,128155 (35.67%)$4,512151 (33.78%)$5,564

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

For the last 10 years, on average, 222 (53.22 % of students) received grants or scholarships and its average amount is $4,109. It can cover 36.98% of tuition & fees ($11,110) based on out-of-state rate.
In addition, 151 (33.89 % of students) students get helped from the students loans (average amount : $5,607).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (41%)$4,024183 (34%)$5,020
2014-15200 (37%)$3,534267 (49%)$3,655
2015-16173 (33%)$3,927226 (43%)$3,534
2016-17196 (47%)$4,227151 (36%)$6,210
2017-18133 (37%)$4,183109 (30%)$3,890
2018-19214 (58%)$4,234137 (37%)$6,175
2019-20283 (77%)$4,080119 (32%)$4,587
2020-21349 (100%)$4,403100 (29%)$7,279
2021-22225 (49%)$4,36868 (15%)$10,112
Average222 (53.22%)$4,109151 (33.89%)$5,607
*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, 155 (35.67 % of students) received Pell (federal) grants and its average amount is $4,512.
In addition, 37 students received State/local government grants/scholarships (9.57 % 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
2013-14192 (36%)$3,59731 (6%)$4,502--24 (4%)$2,800
2014-15181 (33%)$3,557----21 (4%)$3,000
2015-16165 (31%)$3,888--8 (2%)$4,750--
2016-17160 (38%)$4,088--36 (9%)$3,45425 (6%)$2,000
2017-1894 (26%)$4,739--17 (5%)$3,35022 (6%)$2,455
2018-19151 (41%)$4,918--41 (11%)$2,71022 (6%)$2,386
2019-20157 (43%)$5,27771 (19%)$2,68230 (8%)$2,69025 (7%)$2,200
2020-21129 (37%)$5,343349 (100%)$2,00367 (19%)$1,44632 (9%)$1,607
2021-22164 (36%)$5,202--61 (13%)$1,42526 (6%)$1,646
Average155 (35.67%)$4,512150 (41.67%)$3,06237 (9.57%)$2,83225 (6.00%)$2,262
*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, 151 (33.89 % of students) get any students loan help and its average loan amount is $151.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14183 (34%)$5,020183 (34%)$5,020--
2014-15267 (49%)$3,655267 (49%)$3,655--
2015-16226 (43%)$3,534226 (43%)$3,534--
2016-17151 (36%)$6,210151 (36%)$6,1801 (0%)$4,500
2017-18109 (30%)$3,890108 (30%)$3,8991 (0%)$3,000
2018-19137 (37%)$6,175137 (37%)$6,1421 (0%)$4,500
2019-20119 (32%)$4,587117 (32%)$4,5202 (1%)$8,505
2020-21100 (29%)$7,27999 (28%)$7,2311 (0%)$12,000
2021-2268 (15%)$10,11268 (15%)$9,8911 (0%)$15,000
Average151 (33.89%)$5,607151 (33.78%)$5,5641 (1.00%)$7,918
Most Searched New Jersey Colleges (last 30 days)
Related Articles and Ads