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.

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.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14199 (80%)$3,439188 (76%)$3,416198 (80%)$6,384
2014-15107 (54%)$4,086105 (53%)$3,420141 (72%)$6,258
2015-16144 (80%)$5,919113 (62%)$3,651132 (73%)$5,825
2016-1796 (57%)$3,82189 (53%)$3,41898 (58%)$6,319
Average137 (67.75%)$4,316124 (61.00%)$3,476142 (70.75%)$6,197

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1467 (81%)$3,94466 (80%)$7,569
2014-1530 (77%)$3,93335 (90%)$7,398
2015-1632 (71%)$3,76333 (73%)$7,169
2016-1733 (80%)$3,78933 (80%)$6,155
Average41 (77.25%)$3,85742 (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.
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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1467 (81%)$3,944------
2014-1530 (77%)$3,933------
2015-1632 (71%)$3,763------
2016-1733 (80%)$3,789------
Average41 (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..
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.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1466 (80%)$7,56966 (80%)$7,569--
2014-1535 (90%)$7,39835 (90%)$7,398--
2015-1633 (73%)$7,16933 (73%)$7,169--
2016-1733 (80%)$6,15533 (80%)$6,155--
Average42 (80.75%)$7,07342 (80.75%)$7,073--
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