Scholarships, Grants, and Loan Trends at Owensboro Community and Technical

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,217, which is 80.22 % of all undergraduate students. 668 students which is 16.44% of undergraduate students received federal student loans and the average loan amount is $4,556.
For full-time, first-time beginning students (freshmen), 96.33% of students received grants or scholarships and 18% 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 Owensboro Community and Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 3,217, which is 80.22 % of all undergraduate students. 668 students which is 16.44% of undergraduate students received federal student loans and the average loan amount is $4,556.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,031 (71%)$3,3672,074 (48%)$3,4211,239 (29%)$4,855
2014-153,229 (78%)$3,0201,836 (44%)$3,330953 (23%)$4,228
2015-163,148 (79%)$2,9411,526 (38%)$3,440726 (18%)$4,464
2016-172,869 (72%)$3,4801,477 (37%)$3,528698 (17%)$4,591
2017-182,898 (77%)$3,7351,455 (38%)$3,765598 (16%)$4,608
2018-193,279 (83%)$3,5701,404 (36%)$3,657564 (14%)$4,512
2019-203,432 (86%)$3,7721,362 (34%)$3,675495 (12%)$4,360
2020-213,268 (84%)$3,8731,226 (31%)$3,796377 (10%)$4,646
2021-223,797 (92%)$4,2661,254 (31%)$3,751361 (9%)$4,741
Average3,217 (80.22%)$3,5581,513 (37.44%)$3,596668 (16.44%)$4,556

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

For the last 10 years, on average, 450 (96.33 % of students) received grants or scholarships and its average amount is $5,111. It can cover 82.54% of tuition & fees ($6,192) based on out-of-state rate.
In addition, 87 (17.78 % of students) students get helped from the students loans (average amount : $4,167).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14565 (95%)$4,184187 (31%)$4,361
2014-15498 (95%)$4,156124 (24%)$3,877
2015-16475 (95%)$4,61895 (19%)$3,911
2016-17418 (97%)$4,47394 (22%)$4,376
2017-18447 (97%)$4,85678 (17%)$3,877
2018-19424 (96%)$5,37264 (14%)$4,574
2019-20460 (97%)$5,66767 (14%)$3,838
2020-21342 (96%)$5,75240 (11%)$3,645
2021-22423 (99%)$6,91836 (8%)$5,040
Average450 (96.33%)$5,11187 (17.78%)$4,167
*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, 289 (61.33 % of students) received Pell (federal) grants and its average amount is $4,193.
In addition, 395 students received State/local government grants/scholarships (85.11 % 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
2013-14396 (67%)$3,99547 (8%)$926414 (70%)$1,71321 (4%)$1,379
2014-15346 (66%)$3,69737 (7%)$938405 (77%)$1,62136 (7%)$2,767
2015-16318 (64%)$3,92644 (9%)$1,215428 (86%)$1,84242 (8%)$2,455
2016-17268 (62%)$3,98924 (6%)$792365 (84%)$1,86131 (7%)$3,304
2017-18272 (59%)$4,32932 (7%)$790409 (89%)$2,15239 (8%)$2,246
2018-19255 (58%)$4,54730 (7%)$798401 (91%)$2,63720 (5%)$1,856
2019-20291 (61%)$4,307250 (53%)$798426 (89%)$2,61020 (4%)$2,089
2020-21206 (58%)$4,485161 (45%)$936328 (92%)$2,55628 (8%)$1,937
2021-22246 (57%)$4,462390 (91%)$1,975376 (88%)$2,57837 (9%)$2,413
Average289 (61.33%)$4,193113 (25.89%)$1,019395 (85.11%)$2,17430 (6.67%)$2,272
*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, 87 (17.78 % of students) get any students loan help and its average loan amount is $87.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14187 (31%)$4,361187 (31%)$4,361--
2014-15124 (24%)$3,877124 (24%)$3,877--
2015-1695 (19%)$3,91195 (19%)$3,911--
2016-1794 (22%)$4,37694 (22%)$4,376--
2017-1878 (17%)$3,87778 (17%)$3,877--
2018-1964 (14%)$4,57464 (14%)$4,574--
2019-2067 (14%)$3,83867 (14%)$3,838--
2020-2140 (11%)$3,64540 (11%)$3,645--
2021-2236 (8%)$5,04036 (8%)$5,040--
Average87 (17.78%)$4,16787 (17.78%)$4,167--
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