How J-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 Jones Technical Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 200, which is 74.13 % of all undergraduate students. 170 students which is 65.13% of undergraduate students received federal student loans and the average loan amount is $8,021.

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
2014-15	37 (69%)	$4,741	37 (69%)	$4,741	43 (80%)	$7,001
2015-16	152 (57%)	$4,849	152 (57%)	$4,667	131 (49%)	$8,642
2016-17	313 (91%)	$9,297	286 (83%)	$4,175	279 (81%)	$7,487
2017-18	190 (74%)	$9,827	149 (58%)	$5,915	148 (58%)	$7,736
2018-19	178 (89%)	$9,001	148 (74%)	$5,341	152 (76%)	$7,786
2019-20	270 (84%)	$9,900	214 (67%)	$5,808	219 (68%)	$8,384
2020-21	172 (47%)	$6,035	156 (43%)	$5,976	147 (40%)	$8,690
2021-22	284 (82%)	$6,633	231 (66%)	$6,233	239 (69%)	$8,444
Average	200 (74.13%)	$7,535	172 (64.63%)	$5,357	170 (65.13%)	$8,021

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

Overview

For the last 9 years, on average, 105 (79.75 % of students) received grants or scholarships and its average amount is $5,129. It can cover 33.55% of tuition & fees ($15,288).

In addition, 99 (76.63 % of students) students get helped from the students loans (average amount : $7,836).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	25 (69%)	$4,841	34 (94%)	$6,795
2015-16	83 (69%)	$5,334	80 (66%)	$9,182
2016-17	208 (87%)	$4,304	204 (86%)	$7,097
2017-18	94 (97%)	$3,230	76 (78%)	$5,503
2018-19	83 (81%)	$5,377	78 (76%)	$7,291
2019-20	99 (76%)	$5,508	97 (74%)	$8,495
2020-21	104 (68%)	$6,092	95 (62%)	$9,182
2021-22	147 (91%)	$6,346	125 (77%)	$9,146
Average	105 (79.75%)	$5,129	99 (76.63%)	$7,836

^*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 9 years, on average, 91 (69.50 % of students) received Pell (federal) grants and its average amount is $5,210.

In addition, 17 students received State/local government grants/scholarships (12.25 % 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
2014-15	25 (69%)	$4,841	-	-	-	-	-	-
2015-16	83 (69%)	$4,999	-	-	-	-	15 (12%)	$1,854
2016-17	181 (76%)	$4,613	-	-	-	-	44 (18%)	$1,371
2017-18	69 (71%)	$3,915	-	-	-	-	36 (37%)	$932
2018-19	76 (74%)	$5,020	24 (23%)	$152	20 (19%)	$428	31 (30%)	$1,696
2019-20	91 (69%)	$5,332	53 (40%)	$203	2 (2%)	$2,366	38 (29%)	$1,173
2020-21	88 (58%)	$6,178	40 (26%)	$134	22 (14%)	$421	45 (29%)	$1,673
2021-22	113 (70%)	$6,784	48 (30%)	$307	23 (14%)	$2,645	45 (28%)	$2,015
Average	91 (69.50%)	$5,210	41 (29.75%)	$199	17 (12.25%)	$1,465	36 (26.14%)	$1,531

^*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 9 years, on average, 99 (76.63 % of students) get any students loan help and its average loan amount is $99.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	34 (94%)	$6,795	34 (94%)	$6,795	-	-
2015-16	80 (66%)	$9,182	80 (66%)	$9,182	-	-
2016-17	204 (86%)	$7,097	204 (86%)	$7,097	-	-
2017-18	76 (78%)	$5,503	76 (78%)	$5,503	-	-
2018-19	78 (76%)	$7,291	78 (76%)	$7,291	-	-
2019-20	97 (74%)	$8,495	97 (74%)	$8,495	-	-
2020-21	95 (62%)	$9,182	95 (62%)	$9,182	-	-
2021-22	125 (77%)	$9,146	125 (77%)	$9,146	-	-
Average	99 (76.63%)	$7,836	99 (76.63%)	$7,836	-	-

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Scholarships, Grants, and Loan Trends at J-Tech

All Undergraduate Students Financial Aid Over Time

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