Scholarships, Grants, and Loan Trends at OTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 8,170, which is 64.11 % of all undergraduate students. 6,275 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $2,900.
For full-time, first-time beginning students (freshmen), 91.44% of students received grants or scholarships and 57% 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 Ozarks Technical Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 8,170, which is 64.11 % of all undergraduate students. 6,275 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $2,900.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149,908 (67%)$2,1608,228 (56%)$2,0195,712 (39%)$3,196
2014-159,682 (67%)$3,6467,642 (53%)$3,4437,846 (55%)$3,611
2015-168,958 (66%)$3,7326,935 (51%)$3,5518,276 (61%)$3,103
2016-178,461 (64%)$3,7616,433 (49%)$3,3057,389 (56%)$3,011
2017-188,064 (64%)$3,7855,991 (47%)$3,5835,682 (45%)$3,253
2018-197,580 (62%)$4,5295,417 (44%)$4,5426,686 (55%)$2,418
2019-207,454 (63%)$4,1395,107 (43%)$3,8135,912 (50%)$2,468
2020-216,948 (62%)$4,3054,410 (39%)$3,8895,500 (49%)$2,106
2021-226,471 (62%)$4,3314,456 (42%)$3,8673,474 (33%)$2,936
Average8,170 (64.11%)$3,8216,069 (47.11%)$3,5576,275 (49.22%)$2,900

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

For the last 10 years, on average, 1,820 (91.44 % of students) received grants or scholarships and its average amount is $4,825. It can cover 70.22% of tuition & fees ($6,872) based on out-of-state rate.
In addition, 1,134 (57.00 % of students) students get helped from the students loans (average amount : $1,727).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,948 (93%)$4,7981,167 (56%)$2,306
2014-152,062 (93%)$4,3951,237 (56%)$2,041
2015-161,589 (90%)$4,5261,190 (68%)$1,591
2016-171,616 (89%)$4,7771,069 (59%)$1,515
2017-181,910 (90%)$4,4281,186 (56%)$1,548
2018-191,815 (92%)$5,1131,354 (68%)$1,578
2019-201,980 (91%)$4,9641,222 (56%)$1,662
2020-211,783 (93%)$5,1441,096 (57%)$1,294
2021-221,673 (92%)$5,283682 (37%)$2,008
Average1,820 (91.44%)$4,8251,134 (57.00%)$1,727
*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, 1,079 (54.33 % of students) received Pell (federal) grants and its average amount is $4,557.
In addition, 1,473 students received State/local government grants/scholarships (74.00 % 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
2013-141,284 (61%)$4,610334 (16%)$1631,458 (70%)$2,21987 (4%)$1,577
2014-151,271 (58%)$4,207342 (15%)$1911,619 (73%)$2,142122 (6%)$1,491
2015-161,004 (57%)$4,465135 (8%)$3881,251 (71%)$2,04574 (4%)$1,320
2016-17987 (54%)$4,115207 (11%)$2541,285 (70%)$2,70095 (5%)$1,427
2017-181,138 (54%)$4,36172 (3%)$3571,533 (72%)$2,155110 (5%)$1,498
2018-191,087 (55%)$5,127204 (10%)$2981,482 (75%)$2,346195 (10%)$864
2019-201,103 (51%)$4,628339 (16%)$3141,669 (77%)$2,607250 (12%)$1,070
2020-21898 (47%)$4,637225 (12%)$3011,531 (80%)$2,967498 (26%)$797
2021-22941 (52%)$4,866178 (10%)$3921,425 (78%)$2,769260 (14%)$937
Average1,079 (54.33%)$4,557226 (11.22%)$2951,473 (74.00%)$2,439188 (9.56%)$1,220
*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, 1,134 (57.00 % of students) get any students loan help and its average loan amount is $1,134.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,167 (56%)$2,3061,167 (56%)$2,306--
2014-151,237 (56%)$2,0411,237 (56%)$2,041--
2015-161,190 (68%)$1,5911,190 (68%)$1,591--
2016-171,069 (59%)$1,5151,069 (59%)$1,515--
2017-181,186 (56%)$1,5481,175 (55%)$1,46011 (1%)$10,975
2018-191,354 (68%)$1,5781,354 (68%)$1,27720 (1%)$20,432
2019-201,222 (56%)$1,6621,194 (55%)$1,37928 (1%)$13,728
2020-211,096 (57%)$1,2941,096 (57%)$99921 (1%)$15,389
2021-22682 (37%)$2,008660 (36%)$1,63022 (1%)$13,346
Average1,134 (57.00%)$1,7271,127 (56.67%)$1,57820 (1.00%)$14,774
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