How OIT'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 Oregon Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,118, which is 43.56 % of all undergraduate students. 1,666 students which is 34.44% of undergraduate students received federal student loans and the average loan amount is $7,732.

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	1,988 (46%)	$5,743	1,422 (33%)	$4,266	1,949 (45%)	$8,266
2014-15	1,987 (47%)	$6,002	1,351 (32%)	$4,330	1,884 (45%)	$7,794
2015-16	2,021 (43%)	$6,230	1,321 (28%)	$4,241	1,838 (39%)	$7,688
2016-17	2,047 (40%)	$6,374	1,291 (25%)	$4,272	1,776 (35%)	$7,843
2017-18	2,028 (38%)	$6,799	1,296 (24%)	$4,472	1,730 (32%)	$7,842
2018-19	1,683 (32%)	$7,568	1,016 (20%)	$4,762	1,359 (26%)	$7,647
2019-20	2,184 (42%)	$7,189	1,209 (23%)	$4,710	1,594 (31%)	$7,526
2020-21	2,267 (44%)	$7,918	1,196 (23%)	$4,791	1,529 (29%)	$7,621
2021-22	2,855 (60%)	$6,826	1,012 (21%)	$4,813	1,337 (28%)	$7,358
Average	2,118 (43.56%)	$6,739	1,235 (25.44%)	$4,517	1,666 (34.44%)	$7,732

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

Overview

For the last 10 years, on average, 284 (79.67 % of students) received grants or scholarships and its average amount is $6,478. It can cover 18.20% of tuition & fees ($35,592) based on out-of-state rate.

In addition, 176 (50.22 % of students) students get helped from the students loans (average amount : $6,323).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	238 (70%)	$5,679	189 (55%)	$6,175
2014-15	238 (73%)	$5,844	196 (60%)	$5,870
2015-16	232 (72%)	$5,739	178 (55%)	$6,388
2016-17	255 (74%)	$5,674	177 (51%)	$6,164
2017-18	223 (74%)	$6,119	164 (54%)	$6,011
2018-19	233 (70%)	$6,818	138 (42%)	$6,616
2019-20	341 (90%)	$6,850	183 (48%)	$7,037
2020-21	397 (94%)	$7,281	187 (44%)	$6,245
2021-22	403 (100%)	$8,302	174 (43%)	$6,402
Average	284 (79.67%)	$6,478	176 (50.22%)	$6,323

^*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, 119 (33.56 % of students) received Pell (federal) grants and its average amount is $4,432.

In addition, 83 students received State/local government grants/scholarships (23.33 % 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	126 (37%)	$4,177	41 (12%)	$302	82 (24%)	$1,915	215 (63%)	$3,051
2014-15	129 (39%)	$4,431	48 (15%)	$480	108 (33%)	$1,935	185 (56%)	$3,175
2015-16	124 (38%)	$4,033	47 (15%)	$356	94 (29%)	$1,992	196 (60%)	$3,201
2016-17	118 (34%)	$4,334	49 (14%)	$484	74 (21%)	$2,128	204 (59%)	$3,698
2017-18	96 (32%)	$4,305	26 (9%)	$508	55 (18%)	$2,066	198 (65%)	$4,163
2018-19	91 (27%)	$4,310	26 (8%)	$503	56 (17%)	$3,210	218 (66%)	$4,603
2019-20	142 (37%)	$4,591	65 (17%)	$777	91 (24%)	$3,031	327 (86%)	$4,151
2020-21	127 (30%)	$4,895	100 (24%)	$1,752	91 (21%)	$3,345	384 (91%)	$4,660
2021-22	114 (28%)	$4,809	402 (100%)	$1,115	92 (23%)	$3,496	358 (89%)	$5,663
Average	119 (33.56%)	$4,432	89 (23.78%)	$697	83 (23.33%)	$2,569	254 (70.56%)	$4,041

^*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 10 years, on average, 176 (50.22 % of students) get any students loan help and its average loan amount is $176.

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	189 (55%)	$6,175	189 (55%)	$5,625	13 (4%)	$7,999
2014-15	196 (60%)	$5,870	194 (59%)	$5,525	8 (2%)	$9,824
2015-16	178 (55%)	$6,388	172 (53%)	$5,372	26 (8%)	$8,192
2016-17	177 (51%)	$6,164	174 (50%)	$5,414	20 (6%)	$7,448
2017-18	164 (54%)	$6,011	162 (53%)	$5,229	23 (8%)	$6,030
2018-19	138 (42%)	$6,616	135 (41%)	$4,999	16 (5%)	$14,879
2019-20	183 (48%)	$7,037	175 (46%)	$5,170	28 (7%)	$13,681
2020-21	187 (44%)	$6,245	180 (42%)	$5,247	19 (4%)	$11,759
2021-22	174 (43%)	$6,402	170 (42%)	$5,204	22 (5%)	$10,422
Average	176 (50.22%)	$6,323	172 (49.00%)	$5,309	19 (5.44%)	$10,026

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Scholarships, Grants, and Loan Trends at OIT

All Undergraduate Students Financial Aid Over Time

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