Scholarships, Grants, and Loan Trends at Southeastern Technical Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 120, which is 73.67 % of all undergraduate students. 115 students which is 71.33% of undergraduate students received federal student loans and the average loan amount is $5,085.
For full-time, first-time beginning students (freshmen), 68.56% of students received grants or scholarships and 71% 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 Southeastern Technical Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 120, which is 73.67 % of all undergraduate students. 115 students which is 71.33% of undergraduate students received federal student loans and the average loan amount is $5,085.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14124 (91%)$4,67394 (69%)$3,338130 (95%)$4,199
2014-15125 (91%)$7,66692 (67%)$3,557111 (80%)$5,162
2015-1693 (60%)$3,32593 (60%)$3,297136 (88%)$4,019
2016-1794 (68%)$3,27175 (54%)$3,718111 (80%)$6,068
2017-18119 (73%)$2,66094 (57%)$3,169115 (70%)$4,886
2018-1987 (51%)$3,10385 (49%)$3,11183 (48%)$6,953
2019-20162 (83%)$1,812140 (71%)$1,832137 (70%)$4,748
2020-21145 (76%)$2,480100 (53%)$3,177116 (61%)$4,827
2021-22135 (70%)$6,95076 (39%)$3,07796 (50%)$4,901
Average120 (73.67%)$3,99394 (57.67%)$3,142115 (71.33%)$5,085

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

For the last 10 years, on average, 26 (68.56 % of students) received grants or scholarships and its average amount is $3,909. It can cover 35.14% of tuition & fees ($11,125) based on out-of-state rate.
In addition, 26 (70.67 % of students) students get helped from the students loans (average amount : $5,905).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1453 (96%)$4,07450 (91%)$6,837
2014-1516 (55%)$4,52323 (79%)$4,686
2015-1616 (62%)$4,53320 (77%)$7,492
2016-1735 (70%)$2,76239 (78%)$7,024
2017-1823 (64%)$3,66226 (72%)$5,835
2018-1916 (59%)$4,21318 (67%)$4,000
2019-2020 (67%)$3,38722 (73%)$6,397
2020-2132 (73%)$4,00619 (43%)$6,528
2021-2224 (71%)$4,02019 (56%)$4,347
Average26 (68.56%)$3,90926 (70.67%)$5,905
*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 10 years, on average, 20 (54.89 % of students) received Pell (federal) grants and its average amount is $4,425.
In addition, 8 students received State/local government grants/scholarships (19.78 % of students).
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
2013-1446 (84%)$4,487--7 (13%)$1,361--
2014-1516 (55%)$4,398--4 (14%)$500--
2015-1616 (62%)$4,370--4 (15%)$650--
2016-1716 (32%)$4,254--19 (38%)$1,506--
2017-1818 (50%)$4,385--4 (11%)$7001 (3%)$2,500
2018-1916 (59%)$3,870--1 (4%)$5002 (7%)$2,500
2019-2015 (50%)$4,316--4 (13%)$5001 (3%)$1,000
2020-2127 (61%)$4,301--18 (41%)$5581 (2%)$2,000
2021-2214 (41%)$5,444--10 (29%)$70516 (47%)$826
Average20 (54.89%)$4,425--8 (19.78%)$7764 (12.40%)$1,765
*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 10 years, on average, 26 (70.67 % of students) get any students loan help and its average loan amount is $26.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1450 (91%)$6,83750 (91%)$6,837--
2014-1523 (79%)$4,68623 (79%)$4,686--
2015-1620 (77%)$7,49220 (77%)$7,492--
2016-1739 (78%)$7,02439 (78%)$7,024--
2017-1826 (72%)$5,83526 (72%)$5,835--
2018-1918 (67%)$4,00018 (67%)$4,000--
2019-2022 (73%)$6,39722 (73%)$6,397--
2020-2119 (43%)$6,52819 (43%)$6,528--
2021-2219 (56%)$4,34719 (56%)$4,347--
Average26 (70.67%)$5,90526 (70.67%)$5,905--
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