How Rolla Technical Institute/Center'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 Rolla Technical Institute/Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 111, which is 78.38 % of all undergraduate students. 86 students which is 59.88% of undergraduate students received federal student loans and the average loan amount is $7,224.

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	128 (55%)	$5,729	98 (42%)	$4,594	107 (46%)	$7,163
2014-15	125 (76%)	$5,226	103 (62%)	$4,730	97 (59%)	$8,865
2015-16	127 (91%)	$4,048	72 (51%)	$4,636	91 (65%)	$7,552
2016-17	106 (67%)	$4,856	68 (43%)	$4,658	95 (60%)	$7,227
2017-18	102 (86%)	$7,754	71 (60%)	$5,300	81 (69%)	$6,280
2018-19	98 (90%)	$7,082	77 (71%)	$5,704	76 (70%)	$6,519
2019-20	124 (91%)	$7,311	97 (71%)	$5,991	79 (58%)	$7,151
2020-21	79 (71%)	$11,106	53 (47%)	$6,146	58 (52%)	$7,033
Average	111 (78.38%)	$6,639	80 (55.88%)	$5,220	86 (59.88%)	$7,224

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

Overview

For the last 9 years, on average, 30 (85.50 % of students) received grants or scholarships and its average amount is $6,655. It can cover 61.41% of tuition & fees ($10,836) based on out-of-state rate.

In addition, 23 (66.00 % of students) students get helped from the students loans (average amount : $4,945).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	45 (90%)	$5,993	30 (60%)	$5,812
2014-15	34 (92%)	$5,971	25 (68%)	$5,494
2015-16	35 (90%)	$5,074	29 (74%)	$5,882
2016-17	24 (86%)	$5,311	24 (86%)	$5,648
2017-18	18 (58%)	$7,476	22 (71%)	$3,685
2018-19	30 (86%)	$6,578	22 (63%)	$5,115
2019-20	27 (90%)	$6,243	11 (37%)	$3,700
2020-21	24 (92%)	$10,590	18 (69%)	$4,222
Average	30 (85.50%)	$6,655	23 (66.00%)	$4,945

^*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 9 years, on average, 24 (69.38 % of students) received Pell (federal) grants and its average amount is $4,797.

In addition, 24 students received State/local government grants/scholarships (68.00 % 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	35 (70%)	$4,690	-	-	36 (72%)	$2,932	-	-
2014-15	31 (84%)	$4,859	-	-	34 (92%)	$1,482	2 (5%)	$1,000
2015-16	26 (67%)	$4,738	16 (41%)	$250	28 (72%)	$1,764	1 (3%)	$1,000
2016-17	17 (61%)	$4,524	11 (39%)	$227	16 (57%)	$2,940	1 (4%)	$1,000
2017-18	18 (58%)	$4,474	3 (10%)	$334	18 (58%)	$2,918	1 (3%)	$500
2018-19	22 (63%)	$5,129	12 (34%)	$383	22 (63%)	$3,377	12 (34%)	$467
2019-20	25 (83%)	$4,578	16 (53%)	$738	17 (57%)	$2,489	-	-
2020-21	18 (69%)	$5,386	24 (92%)	$3,774	19 (73%)	$3,508	-	-
Average	24 (69.38%)	$4,797	14 (44.83%)	$951	24 (68.00%)	$2,676	3 (9.80%)	$793

^*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 9 years, on average, 23 (66.00 % of students) get any students loan help and its average loan amount is $23.

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	30 (60%)	$5,812	30 (60%)	$5,812	-	-
2014-15	25 (68%)	$5,494	25 (68%)	$5,494	-	-
2015-16	29 (74%)	$5,882	29 (74%)	$5,882	-	-
2016-17	24 (86%)	$5,648	24 (86%)	$5,349	1 (4%)	$7,174
2017-18	22 (71%)	$3,685	22 (71%)	$3,685	-	-
2018-19	22 (63%)	$5,115	22 (63%)	$5,115	-	-
2019-20	11 (37%)	$3,700	11 (37%)	$3,700	-	-
2020-21	18 (69%)	$4,222	18 (69%)	$4,222	-	-
Average	23 (66.00%)	$4,945	23 (66.00%)	$4,907	1 (4.00%)	$7,174

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Scholarships, Grants, and Loan Trends at Rolla Technical Institute/Center

All Undergraduate Students Financial Aid Over Time

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