How Ranken Technical'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 Ranken Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,156, which is 63.44 % of all undergraduate students. 1,239 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $6,149.

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	1,206 (58%)	$5,125	1,027 (49%)	$3,548	1,501 (72%)	$6,641
2014-15	1,205 (65%)	$4,781	961 (52%)	$3,544	1,355 (73%)	$6,522
2015-16	1,209 (63%)	$5,411	935 (49%)	$3,608	1,290 (67%)	$6,323
2016-17	1,289 (72%)	$5,490	1,049 (59%)	$3,360	1,424 (80%)	$5,984
2017-18	963 (59%)	$5,949	724 (44%)	$3,983	1,067 (65%)	$6,005
2018-19	983 (58%)	$5,693	741 (44%)	$3,816	1,121 (67%)	$6,007
2019-20	1,293 (72%)	$5,593	742 (41%)	$3,748	1,142 (63%)	$6,083
2020-21	1,200 (66%)	$7,883	768 (42%)	$4,131	1,144 (63%)	$5,787
2021-22	1,057 (58%)	$9,525	757 (41%)	$4,343	1,107 (61%)	$5,986
Average	1,156 (63.44%)	$6,161	856 (46.78%)	$3,787	1,239 (67.89%)	$6,149

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

Overview

For the last 10 years, on average, 328 (75.56 % of students) received grants or scholarships and its average amount is $7,830. It can cover 44.77% of tuition & fees ($17,490).

In addition, 310 (72.56 % of students) students get helped from the students loans (average amount : $6,338).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	363 (70%)	$6,098	388 (75%)	$7,183
2014-15	235 (83%)	$6,804	222 (78%)	$7,130
2015-16	238 (72%)	$7,533	246 (75%)	$6,138
2016-17	252 (74%)	$7,276	261 (77%)	$6,307
2017-18	264 (69%)	$6,906	253 (66%)	$5,529
2018-19	292 (69%)	$7,508	305 (72%)	$6,754
2019-20	541 (95%)	$6,643	425 (75%)	$6,319
2020-21	418 (79%)	$10,433	363 (69%)	$5,743
2021-22	347 (69%)	$11,268	330 (66%)	$5,936
Average	328 (75.56%)	$7,830	310 (72.56%)	$6,338

^*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, 209 (48.78 % of students) received Pell (federal) grants and its average amount is $4,459.

In addition, 117 students received State/local government grants/scholarships (27.78 % 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	234 (45%)	$4,377	56 (11%)	$946	121 (23%)	$2,689	288 (56%)	$2,816
2014-15	146 (52%)	$4,489	46 (16%)	$929	97 (34%)	$2,277	195 (69%)	$3,487
2015-16	167 (51%)	$4,359	38 (12%)	$886	98 (30%)	$2,245	207 (63%)	$3,918
2016-17	171 (50%)	$3,982	32 (9%)	$935	122 (36%)	$2,473	199 (58%)	$4,126
2017-18	178 (46%)	$4,198	22 (6%)	$886	88 (23%)	$3,085	219 (57%)	$3,584
2018-19	199 (47%)	$4,499	50 (12%)	$950	109 (26%)	$3,344	238 (57%)	$3,719
2019-20	290 (51%)	$4,162	463 (82%)	$1,016	153 (27%)	$2,724	350 (62%)	$4,284
2020-21	268 (51%)	$5,000	305 (58%)	$1,379	125 (24%)	$3,630	335 (63%)	$6,408
2021-22	232 (46%)	$5,062	318 (63%)	$2,252	137 (27%)	$3,645	275 (55%)	$5,527
Average	209 (48.78%)	$4,459	148 (29.89%)	$1,131	117 (27.78%)	$2,901	256 (60.00%)	$4,208

^*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, 310 (72.56 % of students) get any students loan help and its average loan amount is $310.

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	388 (75%)	$7,183	384 (75%)	$6,481	30 (6%)	$9,943
2014-15	222 (78%)	$7,130	222 (78%)	$6,743	13 (5%)	$6,594
2015-16	246 (75%)	$6,138	246 (75%)	$5,857	12 (4%)	$5,763
2016-17	261 (77%)	$6,307	259 (76%)	$5,592	20 (6%)	$9,903
2017-18	253 (66%)	$5,529	253 (66%)	$5,390	6 (2%)	$5,861
2018-19	305 (72%)	$6,754	304 (72%)	$5,709	27 (6%)	$12,023
2019-20	425 (75%)	$6,319	423 (75%)	$5,737	26 (5%)	$9,959
2020-21	363 (69%)	$5,743	358 (68%)	$5,379	15 (3%)	$10,605
2021-22	330 (66%)	$5,936	324 (65%)	$5,334	23 (5%)	$10,033
Average	310 (72.56%)	$6,338	308 (72.22%)	$5,802	19 (4.67%)	$8,965

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Scholarships, Grants, and Loan Trends at Ranken Technical

All Undergraduate Students Financial Aid Over Time

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