Scholarships, Grants, and Loan Trends at Southern California Institute of Technology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 448, which is 80.44 % of all undergraduate students. 369 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $8,270.
For full-time, first-time beginning students (freshmen), 82.89% of students received grants or scholarships and 76% 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 Southern California Institute of Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 448, which is 80.44 % of all undergraduate students. 369 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $8,270.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14409 (82%)$8,268361 (73%)$4,131261 (53%)$8,935
2014-15454 (86%)$8,555399 (76%)$4,319275 (52%)$9,014
2015-16423 (76%)$4,860420 (76%)$4,219420 (76%)$9,246
2016-17445 (78%)$4,825438 (77%)$4,278407 (71%)$8,512
2017-18446 (77%)$5,770445 (76%)$5,296398 (68%)$8,356
2018-19384 (66%)$8,634384 (66%)$5,367380 (66%)$5,843
2019-20493 (81%)$6,077455 (75%)$5,204422 (69%)$7,888
2020-21510 (88%)$5,783393 (68%)$4,947391 (67%)$7,838
2021-22471 (90%)$6,268385 (74%)$5,375366 (70%)$8,797
Average448 (80.44%)$6,560409 (73.44%)$4,793369 (65.78%)$8,270

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

For the last 10 years, on average, 114 (82.89 % of students) received grants or scholarships and its average amount is $6,777. It can cover 33.03% of tuition & fees ($20,515).
In addition, 104 (76.11 % of students) students get helped from the students loans (average amount : $10,377).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14115 (85%)$7,674103 (76%)$10,787
2014-15116 (83%)$5,151106 (76%)$9,637
2015-16113 (72%)$5,139116 (74%)$10,669
2016-17123 (76%)$7,103127 (78%)$10,520
2017-1877 (75%)$6,92875 (73%)$9,782
2018-1968 (76%)$8,20772 (80%)$10,278
2019-20128 (90%)$6,343110 (77%)$10,306
2020-21139 (94%)$7,413113 (76%)$10,740
2021-22148 (95%)$7,031117 (75%)$10,673
Average114 (82.89%)$6,777104 (76.11%)$10,377
*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, 104 (76.22 % of students) received Pell (federal) grants and its average amount is $5,387.
In addition, 4 students received State/local government grants/scholarships (3.00 % 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
2013-14106 (79%)$4,78472 (53%)$17713 (10%)$4,641101 (75%)$2,993
2014-15116 (83%)$4,89087 (62%)$2582 (1%)$3,3601 (1%)$1,150
2015-16113 (72%)$4,86077 (49%)$2666 (4%)$1,0535 (3%)$932
2016-17123 (76%)$4,88393 (57%)$1293 (2%)$2,715119 (73%)$2,125
2017-1877 (75%)$5,27752 (50%)$2161 (1%)$1,67258 (56%)$1,969
2018-1968 (76%)$5,80044 (49%)$2652 (2%)$1,95067 (74%)$2,210
2019-20106 (75%)$5,82592 (65%)$4804 (3%)$3,26997 (68%)$1,415
2020-21114 (77%)$6,076109 (74%)$1,3851 (1%)$3,009109 (74%)$1,687
2021-22113 (73%)$6,086115 (74%)$1,423--118 (76%)$1,604
Average104 (76.22%)$5,38782 (59.22%)$5114 (3.00%)$2,70975 (55.56%)$1,787
*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, 104 (76.11 % of students) get any students loan help and its average loan amount is $104.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14103 (76%)$10,787102 (76%)$10,3606 (4%)$9,066
2014-15106 (76%)$9,637104 (74%)$9,4205 (4%)$8,362
2015-16116 (74%)$10,669115 (73%)$10,3387 (4%)$6,965
2016-17127 (78%)$10,520124 (77%)$9,75011 (7%)$11,555
2017-1875 (73%)$9,78273 (71%)$9,5084 (4%)$9,891
2018-1972 (80%)$10,27871 (79%)$10,1641 (1%)$18,390
2019-20110 (77%)$10,306109 (77%)$10,1033 (2%)$10,831
2020-21113 (76%)$10,740112 (76%)$10,2796 (4%)$10,397
2021-22117 (75%)$10,673116 (75%)$10,2794 (3%)$14,086
Average104 (76.11%)$10,377103 (75.33%)$10,0225 (3.67%)$11,060
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