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

For that period, the average number of students who received grants aid/scholarships is 153, which is 45.78 % of all undergraduate students. 193 students which is 58.00% of undergraduate students received federal student loans and the average loan amount is $4,765.

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	167 (44%)	$3,354	164 (44%)	$3,142	192 (51%)	$5,724
2014-15	151 (42%)	$3,403	149 (42%)	$2,882	173 (49%)	$5,352
2015-16	149 (50%)	$3,119	139 (46%)	$2,708	183 (61%)	$4,354
2016-17	121 (40%)	$3,259	113 (38%)	$2,790	163 (54%)	$4,433
2017-18	129 (42%)	$3,845	126 (41%)	$3,368	189 (62%)	$4,927
2018-19	132 (39%)	$3,768	131 (39%)	$3,187	197 (58%)	$4,743
2019-20	215 (65%)	$2,836	139 (42%)	$2,986	229 (69%)	$4,515
2020-21	153 (44%)	$2,989	126 (36%)	$2,587	198 (57%)	$4,053
2021-22	162 (46%)	$4,553	140 (40%)	$3,396	213 (61%)	$4,788
Average	153 (45.78%)	$3,458	136 (40.89%)	$3,005	193 (58.00%)	$4,765

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

Overview

For the last 10 years, on average, 38 (54.11 % of students) received grants or scholarships and its average amount is $3,807. It can cover 31.85% of tuition & fees ($11,950).

In addition, 47 (66.67 % of students) students get helped from the students loans (average amount : $4,988).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	24 (47%)	$2,884	29 (57%)	$5,803
2014-15	16 (48%)	$3,924	18 (55%)	$4,509
2015-16	37 (58%)	$3,078	42 (66%)	$5,752
2016-17	47 (58%)	$3,906	51 (63%)	$4,547
2017-18	45 (54%)	$3,889	60 (71%)	$5,450
2018-19	44 (54%)	$4,185	56 (69%)	$4,920
2019-20	32 (51%)	$3,851	45 (71%)	$4,487
2020-21	41 (53%)	$3,176	52 (67%)	$4,032
2021-22	58 (64%)	$5,366	74 (81%)	$5,389
Average	38 (54.11%)	$3,807	47 (66.67%)	$4,988

^*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, 36 (51.33 % of students) received Pell (federal) grants and its average amount is $3,141.

In addition, 22 students received State/local government grants/scholarships (30.78 % 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	23 (45%)	$2,779	14 (27%)	$100	4 (8%)	$625	14 (27%)	$100
2014-15	15 (45%)	$3,014	15 (45%)	$100	16 (48%)	$911	15 (45%)	$100
2015-16	37 (58%)	$2,838	37 (58%)	$100	15 (23%)	$273	11 (17%)	$100
2016-17	44 (54%)	$3,276	16 (20%)	$100	19 (23%)	$1,907	16 (20%)	$100
2017-18	44 (52%)	$3,540	15 (18%)	$100	13 (15%)	$1,250	15 (18%)	$100
2018-19	43 (53%)	$3,430	17 (21%)	$100	26 (32%)	$1,278	17 (21%)	$100
2019-20	31 (49%)	$2,996	26 (41%)	$558	17 (27%)	$932	-	-
2020-21	33 (42%)	$2,606	-	-	35 (45%)	$1,263	-	-
2021-22	58 (64%)	$3,789	-	-	51 (56%)	$1,792	-	-
Average	36 (51.33%)	$3,141	20 (32.86%)	$165	22 (30.78%)	$1,137	15 (24.67%)	$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, 47 (66.67 % of students) get any students loan help and its average loan amount is $47.

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	29 (57%)	$5,803	29 (57%)	$5,139	4 (8%)	$4,814
2014-15	18 (55%)	$4,509	18 (55%)	$4,509	-	-
2015-16	42 (66%)	$5,752	42 (66%)	$5,752	-	-
2016-17	51 (63%)	$4,547	51 (63%)	$4,413	2 (2%)	$3,417
2017-18	60 (71%)	$5,450	60 (71%)	$5,170	3 (4%)	$5,596
2018-19	56 (69%)	$4,920	56 (69%)	$4,792	2 (2%)	$3,594
2019-20	45 (71%)	$4,487	44 (70%)	$4,353	2 (3%)	$5,175
2020-21	52 (67%)	$4,032	52 (67%)	$3,743	1 (1%)	$15,000
2021-22	74 (81%)	$5,389	74 (81%)	$5,089	1 (1%)	$22,202
Average	47 (66.67%)	$4,988	47 (66.56%)	$4,773	2 (3.00%)	$8,543

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

All Undergraduate Students Financial Aid Over Time

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