How South Florida Institute of Technology'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 South Florida Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,489, which is 94.33 % of all undergraduate students. 649 students which is 36.89% of undergraduate students received federal student loans and the average loan amount is $4,358.

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	1,151 (94%)	$5,331	1,150 (94%)	$5,280	443 (36%)	$1,352
2014-15	1,365 (100%)	$5,474	1,365 (100%)	$5,213	199 (15%)	$1,585
2015-16	1,232 (100%)	$4,611	1,232 (100%)	$4,611	127 (10%)	$1,704
2016-17	1,376 (93%)	$5,574	1,376 (93%)	$5,574	132 (9%)	$1,858
2017-18	1,448 (100%)	$5,157	1,448 (100%)	$5,157	437 (30%)	$4,090
2018-19	1,486 (97%)	$5,706	1,486 (97%)	$5,706	711 (46%)	$5,106
2019-20	1,366 (97%)	$5,851	1,366 (97%)	$5,851	872 (62%)	$7,440
2020-21	2,088 (100%)	$6,276	2,088 (100%)	$6,276	1,596 (76%)	$7,940
2021-22	1,886 (68%)	$6,147	1,886 (68%)	$6,147	1,323 (48%)	$8,148
Average	1,489 (94.33%)	$5,570	1,489 (94.33%)	$5,535	649 (36.89%)	$4,358

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

Overview

For the last 10 years, on average, 1,087 (99.22 % of students) received grants or scholarships and its average amount is $5,578. It can cover 54.42% of tuition & fees ($10,250).

In addition, 512 (40.89 % of students) students get helped from the students loans (average amount : $4,744).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	743 (99%)	$5,440	306 (41%)	$1,382
2014-15	832 (100%)	$5,323	121 (15%)	$1,529
2015-16	815 (100%)	$4,686	86 (11%)	$1,571
2016-17	877 (100%)	$5,563	101 (12%)	$1,681
2017-18	1,016 (100%)	$5,157	314 (31%)	$5,693
2018-19	1,004 (96%)	$5,818	504 (48%)	$6,998
2019-20	1,100 (100%)	$5,948	781 (71%)	$7,839
2020-21	1,533 (100%)	$6,058	1,069 (70%)	$7,852
2021-22	1,866 (98%)	$6,213	1,323 (69%)	$8,148
Average	1,087 (99.22%)	$5,578	512 (40.89%)	$4,744

^*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, 1,087 (99.22 % of students) received Pell (federal) grants and its average amount is $5,571.

In addition, 4 students received State/local government grants/scholarships (1.00 % 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	743 (99%)	$5,373	256 (34%)	$137	3 (0%)	$4,985	-	-
2014-15	832 (100%)	$5,319	-	-	5 (1%)	$632	-	-
2015-16	815 (100%)	$4,686	-	-	-	-	-	-
2016-17	877 (100%)	$5,563	-	-	-	-	-	-
2017-18	1,016 (100%)	$5,157	-	-	-	-	-	-
2018-19	1,004 (96%)	$5,818	-	-	-	-	-	-
2019-20	1,100 (100%)	$5,948	-	-	-	-	-	-
2020-21	1,533 (100%)	$6,058	-	-	-	-	-	-
2021-22	1,866 (98%)	$6,213	-	-	-	-	-	-
Average	1,087 (99.22%)	$5,571	256 (34.00%)	$137	4 (1.00%)	$2,809	-	-

^*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 10 years, on average, 512 (40.89 % of students) get any students loan help and its average loan amount is $512.

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	306 (41%)	$1,382	306 (41%)	$1,382	-	-
2014-15	121 (15%)	$1,529	121 (15%)	$1,529	-	-
2015-16	86 (11%)	$1,571	86 (11%)	$1,571	-	-
2016-17	101 (12%)	$1,681	101 (12%)	$1,681	-	-
2017-18	314 (31%)	$5,693	314 (31%)	$5,693	-	-
2018-19	504 (48%)	$6,998	504 (48%)	$6,998	-	-
2019-20	781 (71%)	$7,839	781 (71%)	$7,839	-	-
2020-21	1,069 (70%)	$7,852	1,069 (70%)	$7,852	-	-
2021-22	1,323 (69%)	$8,148	1,323 (69%)	$8,148	-	-
Average	512 (40.89%)	$4,744	512 (40.89%)	$4,744	-	-

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Scholarships, Grants, and Loan Trends at South Florida Institute of Technology

All Undergraduate Students Financial Aid Over Time

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