How Oklahoma 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 Oklahoma Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 200, which is 72.50 % of all undergraduate students. 169 students which is 60.90% of undergraduate students received federal student loans and the average loan amount is $8,432.

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	247 (79%)	$4,910	234 (75%)	$4,544	206 (66%)	$8,590
2014-15	218 (70%)	$6,064	218 (70%)	$4,915	206 (66%)	$8,224
2015-16	224 (68%)	$5,200	224 (68%)	$3,751	197 (60%)	$8,038
2016-17	200 (68%)	$6,713	192 (65%)	$3,844	178 (60%)	$8,197
2017-18	170 (66%)	$8,312	170 (66%)	$4,404	153 (60%)	$8,309
2018-19	182 (76%)	$7,279	146 (61%)	$4,577	129 (54%)	$7,768
2019-20	147 (67%)	$8,432	117 (53%)	$4,558	116 (53%)	$7,522
2020-21	190 (65%)	$7,936	189 (64%)	$4,993	148 (50%)	$8,479
2021-22	212 (80%)	$8,155	169 (64%)	$4,958	169 (64%)	$7,631
2022-23	209 (86%)	$13,570	161 (67%)	$5,452	184 (76%)	$11,565
Average	200 (72.50%)	$7,657	182 (65.30%)	$4,600	169 (60.90%)	$8,432

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

Overview

For the last 11 years, on average, 182 (75.10 % of students) received grants or scholarships and its average amount is $4,568. It can cover 23.57% of tuition & fees ($19,381).

In addition, 161 (67.10 % of students) students get helped from the students loans (average amount : $7,621).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	233 (77%)	$3,811	203 (67%)	$8,669
2014-15	215 (70%)	$3,972	203 (66%)	$8,181
2015-16	222 (68%)	$3,749	195 (60%)	$8,049
2016-17	197 (67%)	$4,014	177 (61%)	$8,146
2017-18	170 (67%)	$4,404	153 (60%)	$8,978
2018-19	152 (75%)	$3,992	127 (62%)	$7,999
2019-20	145 (67%)	$4,202	120 (55%)	$7,803
2020-21	175 (64%)	$5,468	137 (50%)	$9,032
2021-22	168 (99%)	$5,709	168 (99%)	$8,288
2022-23	138 (97%)	$6,361	130 (91%)	$1,064
Average	182 (75.10%)	$4,568	161 (67.10%)	$7,621

^*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 11 years, on average, 177 (72.90 % of students) received Pell (federal) grants and its average amount is $4,485.

In addition, 39 students received State/local government grants/scholarships (17.67 % 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	233 (77%)	$3,811	-	-	-	-	-	-
2014-15	215 (70%)	$3,972	-	-	-	-	-	-
2015-16	222 (68%)	$3,749	-	-	-	-	-	-
2016-17	191 (65%)	$3,841	-	-	50 (17%)	$1,144	-	-
2017-18	170 (67%)	$4,381	-	-	5 (2%)	$780	-	-
2018-19	145 (71%)	$4,153	-	-	7 (3%)	$650	-	-
2019-20	116 (53%)	$4,563	-	-	63 (29%)	$1,271	-	-
2020-21	174 (63%)	$5,021	22 (8%)	$1,000	46 (17%)	$1,328	-	-
2021-22	168 (99%)	$4,958	47 (28%)	$904	64 (38%)	$1,309	-	-
2022-23	137 (96%)	$6,404	1 (1%)	$500	-	-	-	-
Average	177 (72.90%)	$4,485	23 (12.33%)	$801	39 (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..

Student Loans

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 11 years, on average, 161 (67.10 % of students) get any students loan help and its average loan amount is $161.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	203 (67%)	$8,669	203 (67%)	$8,669	-	-
2014-15	203 (66%)	$8,181	203 (66%)	$8,181	-	-
2015-16	195 (60%)	$8,049	195 (60%)	$8,049	-	-
2016-17	177 (61%)	$8,146	177 (61%)	$8,146	-	-
2017-18	153 (60%)	$8,978	153 (60%)	$8,309	12 (5%)	$8,519
2018-19	127 (62%)	$7,999	127 (62%)	$7,735	3 (1%)	$11,173
2019-20	120 (55%)	$7,803	114 (53%)	$7,622	6 (3%)	$11,248
2020-21	137 (50%)	$9,032	137 (50%)	$8,505	9 (3%)	$8,016
2021-22	168 (99%)	$8,288	168 (99%)	$7,621	11 (7%)	$10,189
2022-23	130 (91%)	$1,064	130 (91%)	$1,064	-	-
Average	161 (67.10%)	$7,621	161 (66.90%)	$7,390	8 (3.80%)	$9,829

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Scholarships, Grants, and Loan Trends at Oklahoma Technical

All Undergraduate Students Financial Aid Over Time

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