How Pennco Tech-Blackwood'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 Pennco Tech-Blackwood since 2013.

For that period, the average number of students who received grants aid/scholarships is 757, which is 68.22 % of all undergraduate students. 730 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $8,135.

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	914 (82%)	$5,646	914 (82%)	$5,501	955 (86%)	$11,313
2014-15	817 (70%)	$4,024	806 (69%)	$3,696	847 (72%)	$10,829
2015-16	808 (68%)	$3,809	797 (67%)	$3,567	832 (70%)	$5,849
2016-17	718 (64%)	$3,881	706 (63%)	$3,593	721 (64%)	$7,310
2017-18	617 (63%)	$4,290	610 (62%)	$4,034	588 (60%)	$7,604
2018-19	599 (66%)	$4,595	578 (64%)	$4,343	561 (62%)	$7,827
2019-20	600 (67%)	$4,083	567 (63%)	$3,816	521 (58%)	$7,199
2020-21	815 (65%)	$4,586	779 (62%)	$4,351	785 (63%)	$7,796
2021-22	924 (69%)	$4,366	871 (65%)	$4,105	756 (56%)	$7,488
Average	757 (68.22%)	$4,364	736 (66.33%)	$4,112	730 (65.67%)	$8,135

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

Overview

For the last 10 years, on average, 356 (74.44 % of students) received grants or scholarships and its average amount is $4,849. It can cover 25.86% of tuition & fees ($18,750).

In addition, 335 (71.00 % of students) students get helped from the students loans (average amount : $8,679).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	188 (87%)	$5,326	211 (98%)	$8,802
2014-15	499 (73%)	$4,535	507 (74%)	$8,442
2015-16	414 (74%)	$4,252	412 (73%)	$6,865
2016-17	333 (69%)	$4,526	338 (70%)	$8,838
2017-18	274 (68%)	$4,837	279 (70%)	$8,757
2018-19	267 (72%)	$5,182	249 (67%)	$9,021
2019-20	315 (79%)	$4,720	257 (64%)	$8,789
2020-21	432 (72%)	$5,227	390 (65%)	$9,227
2021-22	481 (76%)	$5,033	369 (58%)	$9,372
Average	356 (74.44%)	$4,849	335 (71.00%)	$8,679

^*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, 338 (70.78 % of students) received Pell (federal) grants and its average amount is $4,635.

In addition, 5 students received State/local government grants/scholarships (1.29 % 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	188 (87%)	$5,294	-	-	-	-	1 (0%)	$5,917
2014-15	487 (71%)	$4,192	213 (31%)	$207	6 (1%)	$17,566	6 (1%)	$11,986
2015-16	407 (72%)	$3,904	218 (39%)	$154	4 (1%)	$15,407	5 (1%)	$15,160
2016-17	324 (67%)	$4,107	191 (40%)	$165	6 (1%)	$11,545	9 (2%)	$8,410
2017-18	270 (67%)	$4,583	135 (34%)	$275	8 (2%)	$4,703	9 (2%)	$1,454
2018-19	250 (67%)	$5,042	114 (31%)	$313	4 (1%)	$9,805	51 (14%)	$946
2019-20	287 (72%)	$4,513	106 (27%)	$305	6 (2%)	$5,817	102 (26%)	$1,219
2020-21	399 (66%)	$5,104	179 (30%)	$227	6 (1%)	$10,570	115 (19%)	$1,020
2021-22	433 (68%)	$4,977	205 (32%)	$200	2 (0%)	$11,110	161 (25%)	$1,259
Average	338 (70.78%)	$4,635	170 (33.00%)	$231	5 (1.29%)	$10,815	51 (11.25%)	$5,263

^*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, 335 (71.00 % of students) get any students loan help and its average loan amount is $335.

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	211 (98%)	$8,802	211 (98%)	$8,691	23 (11%)	$1,013
2014-15	507 (74%)	$8,442	507 (74%)	$8,210	17 (2%)	$6,901
2015-16	412 (73%)	$6,865	412 (73%)	$6,848	2 (0%)	$3,379
2016-17	338 (70%)	$8,838	338 (70%)	$8,816	1 (0%)	$7,496
2017-18	279 (70%)	$8,757	271 (68%)	$8,850	8 (2%)	$5,605
2018-19	249 (67%)	$9,021	244 (66%)	$8,986	5 (1%)	$10,738
2019-20	257 (64%)	$8,789	256 (64%)	$8,630	6 (2%)	$8,224
2020-21	390 (65%)	$9,227	390 (65%)	$9,157	2 (0%)	$13,807
2021-22	369 (58%)	$9,372	369 (58%)	$9,216	5 (1%)	$11,554
Average	335 (71.00%)	$8,679	333 (70.67%)	$8,600	8 (3.17%)	$7,635

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Scholarships, Grants, and Loan Trends at Pennco Tech-Blackwood

All Undergraduate Students Financial Aid Over Time

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