Scholarships, Grants, and Loan Trends at Oklahoma State University Institute of Technology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,033, which is 78.78 % of all undergraduate students. 1,178 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $5,877.
For full-time, first-time beginning students (freshmen), 93.44% of students received grants or scholarships and 56% 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 Oklahoma State University Institute of Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,033, which is 78.78 % of all undergraduate students. 1,178 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $5,877.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,227 (62%)$9,7891,765 (49%)$3,2061,588 (44%)$6,387
2014-151,971 (58%)$8,9321,281 (38%)$3,5451,394 (41%)$5,149
2015-161,683 (64%)$3,3361,137 (43%)$3,3771,243 (47%)$5,343
2016-171,787 (75%)$4,9061,074 (45%)$3,4521,145 (48%)$5,597
2017-182,036 (82%)$5,7221,126 (45%)$4,2191,177 (47%)$6,204
2018-192,026 (84%)$5,2561,101 (46%)$4,1041,085 (45%)$6,015
2019-202,064 (90%)$5,3521,273 (55%)$3,4911,261 (55%)$6,177
2020-212,218 (94%)$4,4031,214 (52%)$3,556911 (39%)$6,252
2021-222,284 (100%)$5,866911 (40%)$3,861794 (35%)$5,767
Average2,033 (78.78%)$5,9511,209 (45.89%)$3,6461,178 (44.56%)$5,877

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

For the last 10 years, on average, 526 (93.44 % of students) received grants or scholarships and its average amount is $5,672. It can cover 49.82% of tuition & fees ($11,384) based on out-of-state rate.
In addition, 314 (56.00 % 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
2013-14491 (86%)$5,758340 (60%)$5,214
2014-15439 (94%)$5,403280 (60%)$4,637
2015-16479 (96%)$5,159290 (58%)$5,024
2016-17398 (77%)$5,517267 (51%)$5,682
2017-18646 (94%)$5,325403 (59%)$6,067
2018-19599 (97%)$5,227326 (53%)$5,645
2019-20553 (98%)$5,643408 (72%)$5,769
2020-21590 (99%)$5,784265 (45%)$6,123
2021-22535 (100%)$7,230248 (46%)$6,304
Average526 (93.44%)$5,672314 (56.00%)$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, 324 (57.33 % of students) received Pell (federal) grants and its average amount is $4,212.
In addition, 156 students received State/local government grants/scholarships (28.00 % 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
2013-14405 (71%)$4,375108 (19%)$1,027175 (31%)$2,383429 (76%)$1,229
2014-15269 (57%)$3,56457 (12%)$649141 (30%)$3,007290 (62%)$3,284
2015-16282 (56%)$3,78368 (14%)$747148 (30%)$2,790387 (77%)$2,431
2016-17281 (54%)$3,91195 (18%)$949142 (27%)$3,438260 (50%)$1,994
2017-18401 (58%)$4,704129 (19%)$745170 (25%)$3,638591 (86%)$1,419
2018-19352 (57%)$4,448141 (23%)$836170 (28%)$3,429568 (92%)$1,522
2019-20319 (56%)$4,129392 (69%)$1,135157 (28%)$3,762531 (94%)$1,446
2020-21305 (51%)$4,550479 (81%)$1,020155 (26%)$4,179546 (92%)$1,628
2021-22302 (56%)$4,445535 (100%)$1,861145 (27%)$4,192486 (91%)$1,898
Average324 (57.33%)$4,212223 (39.44%)$997156 (28.00%)$3,424454 (80.00%)$1,872
*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, 314 (56.00 % of students) get any students loan help and its average loan amount is $314.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14340 (60%)$5,214336 (59%)$5,1598 (1%)$4,922
2014-15280 (60%)$4,637276 (59%)$4,35813 (3%)$7,340
2015-16290 (58%)$5,024287 (57%)$4,57312 (2%)$12,047
2016-17267 (51%)$5,682264 (51%)$5,26210 (2%)$12,790
2017-18403 (59%)$6,067399 (58%)$5,64619 (3%)$10,136
2018-19326 (53%)$5,645321 (52%)$5,14317 (3%)$11,136
2019-20408 (72%)$5,769407 (72%)$5,4899 (2%)$13,325
2020-21265 (45%)$6,123257 (43%)$5,53813 (2%)$15,328
2021-22248 (46%)$6,304235 (44%)$5,26624 (4%)$13,578
Average314 (56.00%)$5,607309 (55.00%)$5,15914 (2.44%)$11,178
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