How Okaloosa Technical'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 Okaloosa Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 393, which is 73.89 % of all undergraduate students.

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	405 (78%)	$2,472	242 (47%)	$3,647	-	-
2014-15	311 (64%)	$3,094	236 (48%)	$3,445	-	-
2015-16	381 (78%)	$2,739	301 (62%)	$2,837	-	-
2016-17	378 (76%)	$2,881	263 (53%)	$3,588	-	-
2017-18	430 (83%)	$2,780	259 (50%)	$3,269	-	-
2018-19	433 (83%)	$3,481	265 (51%)	$3,414	-	-
2019-20	483 (94%)	$3,305	289 (56%)	$3,677	-	-
2020-21	436 (65%)	$3,335	240 (36%)	$3,250	-	-
2021-22	281 (44%)	$3,748	189 (30%)	$3,815	-	-
Average	393 (73.89%)	$3,093	254 (48.11%)	$3,438	-	-

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

Overview

For the last 10 years, on average, 195 (78.44 % of students) received grants or scholarships and its average amount is $2,478. It can cover 51.86% of tuition & fees ($4,779) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	161 (58%)	$2,835	-	-
2014-15	212 (75%)	$3,490	-	-
2015-16	254 (75%)	$3,441	-	-
2016-17	210 (65%)	$2,250	-	-
2017-18	203 (70%)	$1,932	-	-
2018-19	150 (90%)	$2,156	-	-
2019-20	183 (92%)	$2,778	-	-
2020-21	196 (90%)	$1,789	-	-
2021-22	184 (91%)	$1,635	-	-
Average	195 (78.44%)	$2,478	-	-

^*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, 143 (56.44 % of students) received Pell (federal) grants and its average amount is $2,859.

In addition, 15 students received State/local government grants/scholarships (5.67 % 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	112 (40%)	$3,796	-	-	13 (5%)	$1,238	36 (13%)	$423
2014-15	145 (51%)	$4,443	-	-	16 (6%)	$1,866	51 (18%)	$1,289
2015-16	225 (67%)	$3,561	-	-	18 (5%)	$1,528	31 (9%)	$1,460
2016-17	175 (54%)	$2,561	-	-	30 (9%)	$672	5 (2%)	$807
2017-18	165 (57%)	$2,060	-	-	21 (7%)	$948	17 (6%)	$1,900
2018-19	101 (60%)	$2,472	30 (18%)	$1,416	5 (3%)	$1,128	14 (8%)	$1,834
2019-20	177 (89%)	$2,288	3 (2%)	$1,510	17 (9%)	$1,116	46 (23%)	$1,739
2020-21	98 (45%)	$2,373	47 (22%)	$1,582	8 (4%)	$698	43 (20%)	$888
2021-22	92 (45%)	$2,176	44 (22%)	$1,384	6 (3%)	$686	42 (21%)	$850
Average	143 (56.44%)	$2,859	31 (16.00%)	$1,473	15 (5.67%)	$1,098	32 (13.33%)	$1,243

^*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..

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Scholarships, Grants, and Loan Trends at Okaloosa Technical

All Undergraduate Students Financial Aid Over Time

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