Scholarships, Grants, and Loan Trends at Oklahoma Technical

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 199, which is 71.00 % of all undergraduate students. 167 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $8,084.
For full-time, first-time beginning students (freshmen), 72.67% of students received grants or scholarships and 64% 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 Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 199, which is 71.00 % of all undergraduate students. 167 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $8,084.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14247 (79%)$4,910234 (75%)$4,544206 (66%)$8,590
2014-15218 (70%)$6,064218 (70%)$4,915206 (66%)$8,224
2015-16224 (68%)$5,200224 (68%)$3,751197 (60%)$8,038
2016-17200 (68%)$6,713192 (65%)$3,844178 (60%)$8,197
2017-18170 (66%)$8,312170 (66%)$4,404153 (60%)$8,309
2018-19182 (76%)$7,279146 (61%)$4,577129 (54%)$7,768
2019-20147 (67%)$8,432117 (53%)$4,558116 (53%)$7,522
2020-21190 (65%)$7,936189 (64%)$4,993148 (50%)$8,479
2021-22212 (80%)$8,155169 (64%)$4,958169 (64%)$7,631
Average199 (71.00%)$7,000184 (65.11%)$4,505167 (59.22%)$8,084

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

For the last 10 years, on average, 186 (72.67 % of students) received grants or scholarships and its average amount is $4,369. It can cover 22.54% of tuition & fees ($19,381).
In addition, 165 (64.44 % of students) students get helped from the students loans (average amount : $8,349).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14233 (77%)$3,811203 (67%)$8,669
2014-15215 (70%)$3,972203 (66%)$8,181
2015-16222 (68%)$3,749195 (60%)$8,049
2016-17197 (67%)$4,014177 (61%)$8,146
2017-18170 (67%)$4,404153 (60%)$8,978
2018-19152 (75%)$3,992127 (62%)$7,999
2019-20145 (67%)$4,202120 (55%)$7,803
2020-21175 (64%)$5,468137 (50%)$9,032
2021-22168 (99%)$5,709168 (99%)$8,288
Average186 (72.67%)$4,369165 (64.44%)$8,349
*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, 182 (70.33 % of students) received Pell (federal) grants and its average amount is $4,272.
In addition, 39 students received State/local government grants/scholarships (17.67 % 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
2013-14233 (77%)$3,811------
2014-15215 (70%)$3,972------
2015-16222 (68%)$3,749------
2016-17191 (65%)$3,841--50 (17%)$1,144--
2017-18170 (67%)$4,381--5 (2%)$780--
2018-19145 (71%)$4,153--7 (3%)$650--
2019-20116 (53%)$4,563--63 (29%)$1,271--
2020-21174 (63%)$5,02122 (8%)$1,00046 (17%)$1,328--
2021-22168 (99%)$4,95847 (28%)$90464 (38%)$1,309--
Average182 (70.33%)$4,27235 (18.00%)$95239 (17.67%)$1,080--
*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, 165 (64.44 % of students) get any students loan help and its average loan amount is $165.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14203 (67%)$8,669203 (67%)$8,669--
2014-15203 (66%)$8,181203 (66%)$8,181--
2015-16195 (60%)$8,049195 (60%)$8,049--
2016-17177 (61%)$8,146177 (61%)$8,146--
2017-18153 (60%)$8,978153 (60%)$8,30912 (5%)$8,519
2018-19127 (62%)$7,999127 (62%)$7,7353 (1%)$11,173
2019-20120 (55%)$7,803114 (53%)$7,6226 (3%)$11,248
2020-21137 (50%)$9,032137 (50%)$8,5059 (3%)$8,016
2021-22168 (99%)$8,288168 (99%)$7,62111 (7%)$10,189
Average165 (64.44%)$8,349164 (64.22%)$8,0938 (3.80%)$9,829
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