How PITC Institute'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 PITC Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 338, which is 77.44 % of all undergraduate students. 350 students which is 79.89% of undergraduate students received federal student loans and the average loan amount is $6,026.

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	165 (35%)	$4,370	165 (35%)	$4,370	196 (41%)	$8,858
2014-15	356 (92%)	$7,162	316 (82%)	$3,066	356 (92%)	$4,441
2015-16	220 (92%)	$5,758	216 (91%)	$3,366	220 (92%)	$4,955
2016-17	398 (80%)	$3,031	398 (80%)	$3,031	490 (99%)	$3,321
2017-18	345 (93%)	$2,928	345 (93%)	$2,928	365 (99%)	$4,271
2018-19	254 (87%)	$4,573	254 (87%)	$4,525	231 (79%)	$10,215
2019-20	310 (60%)	$2,351	310 (60%)	$2,351	310 (60%)	$8,071
2020-21	437 (70%)	$4,529	430 (69%)	$4,567	425 (69%)	$5,785
2021-22	561 (88%)	$3,674	561 (88%)	$3,674	561 (88%)	$4,314
Average	338 (77.44%)	$4,264	333 (76.11%)	$3,542	350 (79.89%)	$6,026

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

Overview

For the last 10 years, on average, 85 (88.22 % of students) received grants or scholarships and its average amount is $4,904. It can cover 12.81% of tuition & fees ($38,280).

In addition, 87 (89.56 % of students) students get helped from the students loans (average amount : $8,133).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	9 (75%)	$4,568	9 (75%)	$9,500
2014-15	6 (86%)	$5,201	6 (86%)	$9,400
2015-16	54 (100%)	$5,305	54 (100%)	$9,316
2016-17	96 (94%)	$4,443	98 (96%)	$6,369
2017-18	67 (96%)	$5,390	70 (100%)	$5,987
2018-19	167 (87%)	$4,868	181 (95%)	$10,764
2019-20	123 (85%)	$5,737	138 (95%)	$11,101
2020-21	150 (80%)	$4,652	127 (68%)	$6,433
2021-22	96 (91%)	$3,968	96 (91%)	$4,330
Average	85 (88.22%)	$4,904	87 (89.56%)	$8,133

^*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, 85 (88.11 % of students) received Pell (federal) grants and its average amount is $4,900.

In addition, 2 students received State/local government grants/scholarships (1.00 % 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	9 (75%)	$4,568	-	-	-	-	-	-
2014-15	6 (86%)	$5,201	-	-	-	-	-	-
2015-16	54 (100%)	$5,305	-	-	-	-	-	-
2016-17	96 (94%)	$4,443	-	-	-	-	-	-
2017-18	67 (96%)	$5,390	-	-	-	-	-	-
2018-19	167 (87%)	$4,794	-	-	2 (1%)	$6,000	1 (1%)	$350
2019-20	123 (85%)	$5,737	-	-	-	-	-	-
2020-21	147 (79%)	$4,691	7 (4%)	$1,179	-	-	-	-
2021-22	96 (91%)	$3,968	-	-	-	-	-	-
Average	85 (88.11%)	$4,900	7 (4.00%)	$1,179	2 (1.00%)	$6,000	1 (1.00%)	$350

^*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, 87 (89.56 % of students) get any students loan help and its average loan amount is $87.

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	9 (75%)	$9,500	9 (75%)	$9,500	-	-
2014-15	6 (86%)	$9,400	6 (86%)	$9,400	-	-
2015-16	54 (100%)	$9,316	54 (100%)	$9,316	-	-
2016-17	98 (96%)	$6,369	98 (96%)	$6,369	-	-
2017-18	70 (100%)	$5,987	70 (100%)	$5,987	-	-
2018-19	181 (95%)	$10,764	181 (95%)	$10,659	1 (1%)	$18,930
2019-20	138 (95%)	$11,101	138 (95%)	$11,101	-	-
2020-21	127 (68%)	$6,433	127 (68%)	$6,433	-	-
2021-22	96 (91%)	$4,330	96 (91%)	$4,330	-	-
Average	87 (89.56%)	$8,133	87 (89.56%)	$8,122	1 (1.00%)	$18,930

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Scholarships, Grants, and Loan Trends at PITC Institute

All Undergraduate Students Financial Aid Over Time

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