Scholarships, Grants, and Loan Trends at Ridley-Lowell Business & Technical Institute-Danbury

Over the past 5 years (2013-2017), the average number of students who received grants aid/scholarships is 137, which is 67.75 % of all undergraduate students. 142 students which is 70.75% of undergraduate students received federal student loans and the average loan amount is $6,197.

For full-time, first-time beginning students (freshmen), 77.25% of students received grants or scholarships and 81% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Ridley-Lowell Business & Technical Institute-Danbury since 2013.

For that period, the average number of students who received grants aid/scholarships is 137, which is 67.75 % of all undergraduate students. 142 students which is 70.75% of undergraduate students received federal student loans and the average loan amount is $6,197.

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	199 (80%)	$3,439	188 (76%)	$3,416	198 (80%)	$6,384
2014-15	107 (54%)	$4,086	105 (53%)	$3,420	141 (72%)	$6,258
2015-16	144 (80%)	$5,919	113 (62%)	$3,651	132 (73%)	$5,825
2016-17	96 (57%)	$3,821	89 (53%)	$3,418	98 (58%)	$6,319
Average	137 (67.75%)	$4,316	124 (61.00%)	$3,476	142 (70.75%)	$6,197

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

Overview

For the last 5 years, on average, 41 (77.25 % of students) received grants or scholarships and its average amount is $3,857. It can cover 21.92% of tuition & fees ($17,600).

In addition, 42 (80.75 % of students) students get helped from the students loans (average amount : $7,073).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	67 (81%)	$3,944	66 (80%)	$7,569
2014-15	30 (77%)	$3,933	35 (90%)	$7,398
2015-16	32 (71%)	$3,763	33 (73%)	$7,169
2016-17	33 (80%)	$3,789	33 (80%)	$6,155
Average	41 (77.25%)	$3,857	42 (80.75%)	$7,073

^*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 5 years, on average, 41 (77.25 % of students) received Pell (federal) grants and its average amount is $3,857.

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	67 (81%)	$3,944	-	-	-	-	-	-
2014-15	30 (77%)	$3,933	-	-	-	-	-	-
2015-16	32 (71%)	$3,763	-	-	-	-	-	-
2016-17	33 (80%)	$3,789	-	-	-	-	-	-
Average	41 (77.25%)	$3,857	-	-	-	-	-	-

^*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 5 years, on average, 42 (80.75 % of students) get any students loan help and its average loan amount is $42.

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	66 (80%)	$7,569	66 (80%)	$7,569	-	-
2014-15	35 (90%)	$7,398	35 (90%)	$7,398	-	-
2015-16	33 (73%)	$7,169	33 (73%)	$7,169	-	-
2016-17	33 (80%)	$6,155	33 (80%)	$6,155	-	-
Average	42 (80.75%)	$7,073	42 (80.75%)	$7,073	-	-

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