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

Over the past 5 years (2013-2017), the average number of students who received grants aid/scholarships is 366, which is 73.50 % of all undergraduate students. 293 students which is 56.25% of undergraduate students received federal student loans and the average loan amount is $4,367.

For full-time, first-time beginning students (freshmen), 77.25% of students received grants or scholarships and 70% 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-Poughkeepsie since 2013.

For that period, the average number of students who received grants aid/scholarships is 366, which is 73.50 % of all undergraduate students. 293 students which is 56.25% of undergraduate students received federal student loans and the average loan amount is $4,367.

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	456 (65%)	$5,822	448 (64%)	$2,493	484 (69%)	$3,013
2014-15	521 (88%)	$572	325 (55%)	$680	350 (59%)	$5,399
2015-16	280 (80%)	$5,605	280 (80%)	$2,936	274 (78%)	$2,156
2016-17	205 (61%)	$3,613	63 (19%)	$4,205	64 (19%)	$6,898
Average	366 (73.50%)	$3,903	279 (54.50%)	$2,579	293 (56.25%)	$4,367

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

Overview

For the last 5 years, on average, 119 (77.25 % of students) received grants or scholarships and its average amount is $2,969. It can cover 19.15% of tuition & fees ($15,500).

In addition, 105 (70.25 % of students) students get helped from the students loans (average amount : $5,529).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	219 (92%)	$2,385	197 (83%)	$3,172
2014-15	117 (58%)	$2,367	91 (45%)	$6,112
2015-16	76 (84%)	$2,375	69 (77%)	$5,935
2016-17	63 (75%)	$4,749	64 (76%)	$6,898
Average	119 (77.25%)	$2,969	105 (70.25%)	$5,529

^*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, 116 (76.00 % of students) received Pell (federal) grants and its average amount is $2,509.

In addition, 6 students received State/local government grants/scholarships (4.50 % 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	219 (92%)	$2,183	-	-	5 (2%)	$8,839	-	-
2014-15	107 (53%)	$1,869	-	-	10 (5%)	$7,693	-	-
2015-16	76 (84%)	$1,778	-	-	5 (6%)	$9,076	-	-
2016-17	63 (75%)	$4,205	-	-	4 (5%)	$8,558	-	-
Average	116 (76.00%)	$2,509	-	-	6 (4.50%)	$8,542	-	-

^*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, 105 (70.25 % of students) get any students loan help and its average loan amount is $105.

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	197 (83%)	$3,172	197 (83%)	$3,172	-	-
2014-15	91 (45%)	$6,112	91 (45%)	$6,112	-	-
2015-16	69 (77%)	$5,935	69 (77%)	$5,935	-	-
2016-17	64 (76%)	$6,898	64 (76%)	$6,898	-	-
Average	105 (70.25%)	$5,529	105 (70.25%)	$5,529	-	-

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