Scholarships, Grants, and Loan Trends at Southwest Tech

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 799, which is 34.44 % of all undergraduate students. 612 students which is 26.78% of undergraduate students received federal student loans and the average loan amount is $4,243.
For full-time, first-time beginning students (freshmen), 70.89% of students received grants or scholarships and 48% 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 Southwest Wisconsin Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 799, which is 34.44 % of all undergraduate students. 612 students which is 26.78% of undergraduate students received federal student loans and the average loan amount is $4,243.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14782 (32%)$4,364728 (30%)$3,748783 (32%)$4,502
2014-15718 (31%)$4,252654 (28%)$3,714752 (33%)$4,357
2015-16733 (35%)$4,312645 (31%)$3,812698 (33%)$4,247
2016-17768 (38%)$4,274655 (33%)$3,825674 (34%)$4,277
2017-18781 (33%)$4,312647 (27%)$3,982583 (25%)$4,260
2018-19770 (38%)$4,040599 (30%)$3,854565 (28%)$4,163
2019-20860 (33%)$4,131590 (22%)$3,901537 (20%)$4,014
2020-21819 (32%)$3,892526 (20%)$3,965456 (18%)$4,252
2021-22957 (38%)$5,210539 (21%)$4,014458 (18%)$4,118
Average799 (34.44%)$4,310620 (26.89%)$3,868612 (26.78%)$4,243

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

For the last 10 years, on average, 195 (70.89 % of students) received grants or scholarships and its average amount is $4,644. It can cover 66.44% of tuition & fees ($6,989) based on out-of-state rate.
In addition, 133 (47.67 % of students) students get helped from the students loans (average amount : $4,233).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14192 (68%)$4,894191 (68%)$4,295
2014-15171 (61%)$4,768173 (62%)$4,170
2015-16218 (71%)$4,729175 (57%)$4,404
2016-17217 (71%)$4,243156 (51%)$4,585
2017-18184 (70%)$4,815129 (49%)$4,077
2018-19169 (66%)$4,336103 (40%)$3,858
2019-20203 (76%)$4,551115 (43%)$4,034
2020-21191 (71%)$3,70080 (30%)$4,403
2021-22210 (84%)$5,75671 (29%)$4,275
Average195 (70.89%)$4,644133 (47.67%)$4,233
*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, 144 (52.11 % of students) received Pell (federal) grants and its average amount is $4,269.
In addition, 125 students received State/local government grants/scholarships (45.33 % 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
2013-14173 (62%)$4,22527 (10%)$496125 (44%)$1,24147 (17%)$855
2014-15154 (55%)$4,23217 (6%)$600118 (42%)$1,05441 (15%)$708
2015-16180 (58%)$4,28320 (6%)$540139 (45%)$1,40766 (21%)$811
2016-17169 (55%)$4,04316 (5%)$525142 (46%)$1,12497 (32%)$717
2017-18148 (57%)$4,43528 (11%)$536131 (50%)$1,18082 (31%)$732
2018-19121 (47%)$4,28020 (8%)$468126 (49%)$1,15183 (33%)$731
2019-20139 (52%)$4,30861 (23%)$1,509139 (52%)$1,096103 (39%)$781
2020-21102 (38%)$4,248105 (39%)$486103 (38%)$1,241111 (41%)$851
2021-22112 (45%)$4,365165 (66%)$2,960105 (42%)$1,246108 (43%)$932
Average144 (52.11%)$4,26951 (19.33%)$902125 (45.33%)$1,19382 (30.22%)$791
*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, 133 (47.67 % of students) get any students loan help and its average loan amount is $133.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14191 (68%)$4,295191 (68%)$4,2642 (1%)$2,939
2014-15173 (62%)$4,170172 (62%)$4,0036 (2%)$5,492
2015-16175 (57%)$4,404174 (56%)$4,2894 (1%)$6,073
2016-17156 (51%)$4,585156 (51%)$4,19510 (3%)$6,090
2017-18129 (49%)$4,077129 (49%)$3,9105 (2%)$4,320
2018-19103 (40%)$3,858103 (40%)$3,8361 (0%)$2,335
2019-20115 (43%)$4,034113 (42%)$3,7217 (3%)$6,194
2020-2180 (30%)$4,40380 (30%)$4,1335 (2%)$4,320
2021-2271 (29%)$4,27570 (28%)$4,0074 (2%)$5,762
Average133 (47.67%)$4,233132 (47.33%)$4,0405 (2.00%)$4,836
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