How RTC'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 Riveroak Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 193, which is 71.44 % of all undergraduate students.

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	152 (43%)	$3,827	152 (43%)	$3,827	-	-
2014-15	154 (52%)	$3,777	154 (52%)	$3,777	-	-
2015-16	154 (66%)	$3,777	152 (65%)	$3,771	-	-
2016-17	178 (83%)	$2,285	178 (83%)	$2,262	-	-
2017-18	195 (79%)	$3,171	193 (78%)	$3,056	-	-
2018-19	250 (74%)	$2,945	230 (68%)	$3,069	-	-
2019-20	175 (87%)	$2,974	155 (77%)	$3,087	-	-
2020-21	190 (59%)	$2,739	155 (48%)	$3,074	-	-
2021-22	288 (100%)	$3,982	187 (65%)	$3,193	-	-
Average	193 (71.44%)	$3,275	173 (64.33%)	$3,235	-	-

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

Overview

For the last 10 years, on average, 172 (92.22 % of students) received grants or scholarships and its average amount is $3,406. It can cover 68.92% of tuition & fees ($4,942) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	152 (95%)	$3,771	-	-
2014-15	152 (95%)	$3,771	-	-
2015-16	152 (95%)	$3,827	-	-
2016-17	168 (91%)	$2,396	-	-
2017-18	193 (91%)	$3,079	-	-
2018-19	230 (92%)	$3,075	-	-
2019-20	155 (89%)	$3,026	-	-
2020-21	155 (82%)	$3,026	-	-
2021-22	191 (100%)	$4,682	-	-
Average	172 (92.22%)	$3,406	-	-

^*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, 160 (86.11 % of students) received Pell (federal) grants and its average amount is $3,262.

In addition, 9 students received State/local government grants/scholarships (4.89 % 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	152 (95%)	$3,711	-	-	10 (6%)	$311	10 (6%)	$608
2014-15	152 (95%)	$3,711	-	-	9 (6%)	$346	9 (6%)	$675
2015-16	151 (94%)	$3,796	-	-	9 (6%)	$346	9 (6%)	$597
2016-17	168 (91%)	$2,372	-	-	5 (3%)	$300	5 (3%)	$500
2017-18	192 (91%)	$3,051	-	-	9 (4%)	$346	9 (4%)	$597
2018-19	220 (88%)	$3,176	-	-	10 (4%)	$311	10 (4%)	$538
2019-20	145 (83%)	$3,176	-	-	10 (6%)	$311	10 (6%)	$538
2020-21	145 (76%)	$3,176	-	-	10 (5%)	$311	10 (5%)	$538
2021-22	118 (62%)	$3,193	159 (83%)	$3,019	8 (4%)	$250	47 (25%)	$755
Average	160 (86.11%)	$3,262	159 (83.00%)	$3,019	9 (4.89%)	$315	13 (7.22%)	$594

^*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..

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Scholarships, Grants, and Loan Trends at RTC

All Undergraduate Students Financial Aid Over Time

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