How Spa Tech Institute-Plymouth'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 Spa Tech Institute-Plymouth since 2013.

For that period, the average number of students who received grants aid/scholarships is 113, which is 46.78 % of all undergraduate students. 141 students which is 57.89% of undergraduate students received federal student loans and the average loan amount is $4,617.

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	112 (51%)	$6,331	81 (37%)	$2,634	93 (43%)	$5,203
2014-15	114 (44%)	$2,689	109 (42%)	$2,500	127 (49%)	$5,091
2015-16	100 (41%)	$2,856	98 (41%)	$2,684	146 (61%)	$4,187
2016-17	95 (42%)	$2,718	92 (40%)	$2,514	95 (42%)	$4,799
2017-18	104 (51%)	$2,817	103 (51%)	$2,717	132 (65%)	$4,197
2018-19	118 (47%)	$2,898	117 (47%)	$2,649	178 (71%)	$4,288
2019-20	149 (61%)	$2,363	105 (43%)	$2,546	151 (62%)	$5,036
2020-21	89 (35%)	$3,011	88 (34%)	$2,635	136 (53%)	$3,969
2021-22	140 (49%)	$3,584	134 (47%)	$3,282	213 (75%)	$4,779
Average	113 (46.78%)	$3,252	103 (42.44%)	$2,685	141 (57.89%)	$4,617

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

Overview

For the last 10 years, on average, 23 (59.89 % of students) received grants or scholarships and its average amount is $3,176. It can cover 26.57% of tuition & fees ($11,950).

In addition, 26 (67.44 % of students) students get helped from the students loans (average amount : $4,817).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	17 (53%)	$3,004	23 (72%)	$4,759
2014-15	22 (58%)	$2,907	22 (58%)	$4,663
2015-16	25 (52%)	$3,496	31 (65%)	$4,512
2016-17	20 (63%)	$2,723	14 (44%)	$5,346
2017-18	29 (54%)	$3,104	32 (59%)	$4,718
2018-19	25 (51%)	$3,085	27 (55%)	$4,036
2019-20	23 (77%)	$3,395	23 (77%)	$5,225
2020-21	20 (71%)	$3,353	24 (86%)	$4,343
2021-22	27 (60%)	$3,514	41 (91%)	$5,755
Average	23 (59.89%)	$3,176	26 (67.44%)	$4,817

^*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, 23 (59.11 % of students) received Pell (federal) grants and its average amount is $2,941.

In addition, 2 students received State/local government grants/scholarships (4.67 % 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	17 (53%)	$2,804	17 (53%)	$100	-	-	17 (53%)	$100
2014-15	21 (55%)	$2,607	21 (55%)	$100	2 (5%)	$2,500	21 (55%)	$100
2015-16	25 (52%)	$3,312	23 (48%)	$100	-	-	23 (48%)	$100
2016-17	20 (63%)	$2,523	20 (63%)	$100	-	-	20 (63%)	$100
2017-18	29 (54%)	$2,904	29 (54%)	$100	-	-	29 (54%)	$100
2018-19	25 (51%)	$2,885	25 (51%)	$100	-	-	25 (51%)	$100
2019-20	22 (73%)	$3,164	13 (43%)	$653	-	-	-	-
2020-21	20 (71%)	$2,903	-	-	2 (7%)	$4,500	-	-
2021-22	27 (60%)	$3,366	-	-	1 (2%)	$4,000	-	-
Average	23 (59.11%)	$2,941	21 (52.43%)	$179	2 (4.67%)	$3,667	23 (54.00%)	$100

^*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, 26 (67.44 % of students) get any students loan help and its average loan amount is $26.

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	23 (72%)	$4,759	23 (72%)	$4,759	-	-
2014-15	22 (58%)	$4,663	21 (55%)	$4,691	1 (3%)	$4,088
2015-16	31 (65%)	$4,512	31 (65%)	$4,512	-	-
2016-17	14 (44%)	$5,346	14 (44%)	$5,346	-	-
2017-18	32 (59%)	$4,718	32 (59%)	$4,414	2 (4%)	$4,864
2018-19	27 (55%)	$4,036	27 (55%)	$4,036	-	-
2019-20	23 (77%)	$5,225	23 (77%)	$5,225	-	-
2020-21	24 (86%)	$4,343	24 (86%)	$4,164	1 (4%)	$4,300
2021-22	41 (91%)	$5,755	40 (89%)	$4,695	7 (16%)	$6,876
Average	26 (67.44%)	$4,817	26 (66.89%)	$4,649	3 (6.75%)	$5,032

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Scholarships, Grants, and Loan Trends at Spa Tech Institute-Plymouth

All Undergraduate Students Financial Aid Over Time

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