How Universal Technical Institute of Texas Inc.'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 Texas Inc. since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,805, which is 75.67 % of all undergraduate students. 1,437 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,731.

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	2,129 (72%)	$3,899	1,530 (52%)	$3,968	1,829 (62%)	$7,172
2014-15	1,965 (70%)	$3,671	1,335 (48%)	$3,844	1,649 (59%)	$6,898
2015-16	1,748 (68%)	$3,762	1,194 (46%)	$3,988	1,470 (57%)	$6,615
2016-17	1,540 (68%)	$4,106	1,091 (48%)	$4,090	1,354 (60%)	$6,684
2017-18	1,476 (74%)	$4,517	1,116 (56%)	$4,087	1,186 (59%)	$6,833
2018-19	1,474 (78%)	$4,588	1,103 (58%)	$4,301	1,197 (63%)	$6,776
2019-20	1,667 (83%)	$4,747	1,217 (60%)	$4,287	1,266 (63%)	$6,581
2020-21	2,045 (85%)	$4,651	1,347 (56%)	$4,325	1,398 (58%)	$6,509
2021-22	2,205 (83%)	$4,920	1,492 (56%)	$4,581	1,585 (60%)	$6,509
Average	1,805 (75.67%)	$4,318	1,269 (53.33%)	$4,163	1,437 (60.11%)	$6,731

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

Overview

For the last 10 years, on average, 790 (81.78 % of students) received grants or scholarships and its average amount is $5,265. It can cover 10.55% of tuition & fees ($49,900).

In addition, 755 (78.22 % of students) students get helped from the students loans (average amount : $8,285).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,134 (79%)	$4,506	1,089 (76%)	$9,243
2014-15	851 (77%)	$4,473	822 (75%)	$8,284
2015-16	701 (77%)	$4,689	710 (78%)	$8,536
2016-17	612 (79%)	$5,119	619 (80%)	$8,494
2017-18	597 (83%)	$5,328	567 (79%)	$8,280
2018-19	680 (85%)	$5,580	665 (83%)	$7,740
2019-20	814 (90%)	$5,596	706 (78%)	$7,968
2020-21	843 (83%)	$5,722	775 (76%)	$8,125
2021-22	882 (83%)	$6,375	840 (79%)	$7,893
Average	790 (81.78%)	$5,265	755 (78.22%)	$8,285

^*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, 674 (69.89 % of students) received Pell (federal) grants and its average amount is $4,546.

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	944 (65%)	$4,192	269 (19%)	$758	-	-	557 (39%)	$1,701
2014-15	708 (64%)	$4,221	242 (22%)	$655	-	-	413 (38%)	$1,597
2015-16	607 (67%)	$4,374	260 (29%)	$624	-	-	288 (32%)	$1,632
2016-17	536 (69%)	$4,539	253 (33%)	$700	-	-	284 (37%)	$1,841
2017-18	520 (72%)	$4,465	224 (31%)	$946	-	-	320 (45%)	$2,022
2018-19	602 (75%)	$4,740	165 (21%)	$991	-	-	408 (51%)	$1,906
2019-20	671 (75%)	$4,635	543 (60%)	$1,206	-	-	366 (41%)	$2,159
2020-21	711 (70%)	$4,695	545 (53%)	$1,162	-	-	400 (39%)	$2,130
2021-22	769 (72%)	$5,056	564 (53%)	$1,512	-	-	404 (38%)	$2,183
Average	674 (69.89%)	$4,546	341 (35.67%)	$950	-	-	382 (40.00%)	$1,908

^*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, 755 (78.22 % of students) get any students loan help and its average loan amount is $755.

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	1,089 (76%)	$9,243	1,084 (75%)	$7,332	425 (29%)	$4,982
2014-15	822 (75%)	$8,284	818 (74%)	$6,988	218 (20%)	$5,015
2015-16	710 (78%)	$8,536	703 (78%)	$6,827	242 (27%)	$5,212
2016-17	619 (80%)	$8,494	613 (79%)	$6,786	209 (27%)	$5,254
2017-18	567 (79%)	$8,280	562 (78%)	$6,764	177 (25%)	$5,046
2018-19	665 (83%)	$7,740	664 (83%)	$6,675	162 (20%)	$4,411
2019-20	706 (78%)	$7,968	703 (78%)	$6,596	178 (20%)	$5,550
2020-21	775 (76%)	$8,125	771 (76%)	$6,490	198 (19%)	$6,531
2021-22	840 (79%)	$7,893	836 (78%)	$6,447	182 (17%)	$6,813
Average	755 (78.22%)	$8,285	750 (77.67%)	$6,767	221 (22.67%)	$5,424

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Scholarships, Grants, and Loan Trends at Universal Technical Institute of Texas Inc.

All Undergraduate Students Financial Aid Over Time

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