How UTI MA'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 Universal Technical Institute of Massachusetts Inc since 2013.

For that period, the average number of students who received grants aid/scholarships is 542, which is 59.43 % of all undergraduate students. 515 students which is 53.14% of undergraduate students received federal student loans and the average loan amount is $6,488.

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	868 (59%)	$3,610	596 (41%)	$3,659	934 (64%)	$6,503
2014-15	793 (60%)	$3,840	510 (38%)	$3,805	824 (62%)	$6,557
2015-16	622 (58%)	$3,911	378 (35%)	$4,020	597 (56%)	$6,302
2016-17	544 (61%)	$3,870	320 (36%)	$3,899	463 (52%)	$6,069
2017-18	458 (64%)	$4,106	311 (44%)	$3,882	396 (56%)	$6,338
2018-19	380 (61%)	$3,998	250 (40%)	$3,927	322 (52%)	$6,612
2019-20	127 (53%)	$2,686	57 (24%)	$2,728	72 (30%)	$7,036
Average	542 (59.43%)	$3,717	346 (36.86%)	$3,703	515 (53.14%)	$6,488

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

Overview

For the last 8 years, on average, 281 (67.67 % of students) received grants or scholarships and its average amount is $4,630. It can cover 9.39% of tuition & fees ($49,300).

In addition, 310 (74.50 % of students) students get helped from the students loans (average amount : $8,093).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	477 (69%)	$4,135	534 (77%)	$8,616
2014-15	376 (66%)	$4,703	428 (75%)	$8,334
2015-16	266 (69%)	$4,548	293 (77%)	$8,010
2016-17	239 (70%)	$4,357	251 (74%)	$7,436
2017-18	175 (66%)	$5,152	190 (72%)	$7,619
2018-19	150 (66%)	$4,886	164 (72%)	$8,541
2019-20	-	-	-	-
Average	281 (67.67%)	$4,630	310 (74.50%)	$8,093

^*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 8 years, on average, 219 (53.17 % of students) received Pell (federal) grants and its average amount is $4,175.

In addition, 6 students received State/local government grants/scholarships (1.67 % 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	379 (55%)	$3,900	111 (16%)	$865	7 (1%)	$3,928	231 (33%)	$1,605
2014-15	290 (51%)	$3,985	111 (20%)	$854	12 (2%)	$3,161	158 (28%)	$3,036
2015-16	202 (53%)	$4,246	95 (25%)	$1,020	3 (1%)	$4,732	122 (32%)	$1,976
2016-17	181 (53%)	$4,123	73 (21%)	$692	3 (1%)	$1,228	118 (35%)	$2,041
2017-18	141 (53%)	$4,390	45 (17%)	$891	4 (2%)	$1,990	86 (33%)	$2,727
2018-19	123 (54%)	$4,403	11 (5%)	$648	6 (3%)	$1,406	80 (35%)	$2,197
2019-20	-	-	-	-	-	-	-	-
Average	219 (53.17%)	$4,175	74 (17.33%)	$828	6 (1.67%)	$2,741	133 (32.67%)	$2,264

^*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 8 years, on average, 310 (74.50 % of students) get any students loan help and its average loan amount is $310.

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	534 (77%)	$8,616	526 (76%)	$6,715	167 (24%)	$6,401
2014-15	428 (75%)	$8,334	428 (75%)	$6,548	134 (24%)	$5,706
2015-16	293 (77%)	$8,010	293 (77%)	$6,106	81 (21%)	$6,886
2016-17	251 (74%)	$7,436	248 (73%)	$5,686	60 (18%)	$7,607
2017-18	190 (72%)	$7,619	187 (71%)	$6,119	43 (16%)	$7,056
2018-19	164 (72%)	$8,541	164 (72%)	$6,268	49 (21%)	$7,606
2019-20	-	-	-	-	-	-
Average	310 (74.50%)	$8,093	308 (74.00%)	$6,240	89 (20.67%)	$6,877

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Scholarships, Grants, and Loan Trends at UTI MA

All Undergraduate Students Financial Aid Over Time

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