How TCAT Memphis'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 Tennessee College of Applied Technology-Memphis since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,287, which is 73.11 % 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	1,021 (65%)	$6,268	878 (56%)	$5,166	-	-
2014-15	1,015 (62%)	$6,011	784 (48%)	$5,399	-	-
2015-16	1,068 (66%)	$5,651	706 (44%)	$5,270	-	-
2016-17	1,016 (66%)	$6,269	796 (52%)	$5,515	-	-
2017-18	1,099 (67%)	$5,025	837 (51%)	$3,956	-	-
2018-19	1,062 (54%)	$3,842	808 (41%)	$3,270	-	-
2019-20	1,799 (94%)	$3,231	992 (52%)	$3,043	-	-
2020-21	1,830 (91%)	$2,667	1,262 (63%)	$1,149	-	-
2021-22	1,674 (93%)	$3,824	807 (45%)	$891	-	-
Average	1,287 (73.11%)	$4,754	874 (50.22%)	$3,740	-	-

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

Overview

For the last 10 years, on average, 689 (82.67 % of students) received grants or scholarships and its average amount is $5,129. It can cover 81.81% of tuition & fees ($6,269) 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	705 (86%)	$5,953	-	-
2014-15	677 (70%)	$5,698	-	-
2015-16	923 (72%)	$5,715	-	-
2016-17	822 (78%)	$6,170	-	-
2017-18	944 (72%)	$5,170	-	-
2018-19	907 (83%)	$4,043	-	-
2019-20	654 (96%)	$4,453	-	-
2020-21	301 (96%)	$4,739	-	-
2021-22	266 (91%)	$4,216	-	-
Average	689 (82.67%)	$5,129	-	-

^*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, 512 (61.44 % of students) received Pell (federal) grants and its average amount is $4,187.

In addition, 550 students received State/local government grants/scholarships (68.89 % 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	565 (69%)	$5,167	-	-	665 (81%)	$1,830	71 (9%)	$859
2014-15	464 (48%)	$5,412	-	-	597 (62%)	$2,147	78 (8%)	$831
2015-16	613 (48%)	$5,257	-	-	297 (23%)	$6,813	13 (1%)	$2,188
2016-17	630 (60%)	$5,267	-	-	715 (68%)	$2,414	32 (3%)	$873
2017-18	725 (55%)	$4,095	-	-	833 (63%)	$2,290	3 (0%)	$1,105
2018-19	703 (64%)	$3,405	-	-	775 (71%)	$1,642	1 (0%)	$445
2019-20	495 (73%)	$3,138	421 (62%)	$843	549 (81%)	$1,827	3 (0%)	$332
2020-21	217 (70%)	$3,250	207 (66%)	$1,676	301 (96%)	$1,232	3 (1%)	$1,064
2021-22	192 (66%)	$2,692	117 (40%)	$2,081	220 (75%)	$1,626	5 (2%)	$689
Average	512 (61.44%)	$4,187	248 (56.00%)	$1,533	550 (68.89%)	$2,425	23 (4.00%)	$932

^*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 TCAT Memphis

All Undergraduate Students Financial Aid Over Time

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