How Southern Tech'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 Southern Oklahoma Technology Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 104, which is 14.22 % 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	101 (14%)	$3,482	85 (12%)	$3,313	-	-
2014-15	107 (14%)	$3,082	86 (11%)	$3,331	-	-
2015-16	91 (11%)	$2,936	67 (8%)	$3,124	-	-
2016-17	99 (12%)	$2,870	81 (10%)	$3,148	-	-
2017-18	83 (12%)	$3,456	74 (10%)	$3,130	-	-
2018-19	106 (15%)	$3,864	84 (12%)	$3,694	-	-
2019-20	112 (15%)	$4,059	70 (9%)	$3,509	-	-
2020-21	72 (9%)	$3,689	70 (9%)	$3,398	-	-
2021-22	168 (26%)	$3,434	73 (11%)	$3,176	-	-
Average	104 (14.22%)	$3,430	77 (10.22%)	$3,314	-	-

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

Overview

For the last 10 years, on average, 36 (77.00 % of students) received grants or scholarships and its average amount is $3,872. It can cover 113.89% of tuition & fees ($3,400) 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	39 (95%)	$3,657	-	-
2014-15	46 (82%)	$3,191	-	-
2015-16	33 (65%)	$3,478	-	-
2016-17	45 (78%)	$3,281	-	-
2017-18	31 (67%)	$3,311	-	-
2018-19	49 (64%)	$4,112	-	-
2019-20	54 (82%)	$3,980	-	-
2020-21	15 (60%)	$4,910	-	-
2021-22	12 (100%)	$4,929	-	-
Average	36 (77.00%)	$3,872	-	-

^*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, 30 (63.78 % of students) received Pell (federal) grants and its average amount is $3,593.

In addition, 7 students received State/local government grants/scholarships (17.78 % 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	32 (78%)	$3,749	-	-	12 (29%)	$623	27 (66%)	$562
2014-15	37 (66%)	$3,742	-	-	5 (9%)	$408	14 (25%)	$451
2015-16	28 (55%)	$3,484	-	-	4 (8%)	$718	19 (37%)	$756
2016-17	42 (72%)	$3,270	-	-	3 (5%)	$757	13 (22%)	$619
2017-18	28 (61%)	$2,842	-	-	8 (17%)	$988	22 (48%)	$690
2018-19	43 (57%)	$4,010	-	-	11 (14%)	$1,756	13 (17%)	$750
2019-20	38 (58%)	$3,887	35 (53%)	$1,300	5 (8%)	$1,465	19 (29%)	$759
2020-21	15 (60%)	$4,097	-	-	7 (28%)	$1,314	4 (16%)	$750
2021-22	8 (67%)	$3,258	12 (100%)	$2,338	5 (42%)	$665	3 (25%)	$567
Average	30 (63.78%)	$3,593	24 (76.50%)	$1,819	7 (17.78%)	$966	15 (31.67%)	$656

^*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 Southern Tech

All Undergraduate Students Financial Aid Over Time

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