Scholarships, Grants, and Loan Trends at UTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 184, which is 68.11 % of all undergraduate students. 75 students which is 26.33% of undergraduate students received federal student loans and the average loan amount is $3,783.
For full-time, first-time beginning students (freshmen), 62.78% of students received grants or scholarships and 9% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Universidad Teologica del Caribe since 2013.
For that period, the average number of students who received grants aid/scholarships is 184, which is 68.11 % of all undergraduate students. 75 students which is 26.33% of undergraduate students received federal student loans and the average loan amount is $3,783.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14188 (91%)$3,836188 (91%)$3,83661 (30%)$4,001
2014-15150 (72%)$4,864150 (72%)$4,86428 (13%)$6,919
2015-16192 (79%)$2,333192 (79%)$2,33350 (21%)$2,032
2016-17208 (77%)$2,356208 (77%)$2,35648 (18%)$2,195
2017-18208 (77%)$4,893208 (77%)$4,89361 (23%)$4,237
2018-19210 (79%)$4,590208 (78%)$4,633128 (48%)$5,311
2019-20202 (47%)$4,427202 (47%)$4,42789 (21%)$3,767
2020-21157 (46%)$8,047157 (46%)$3,519134 (40%)$5,230
2021-22143 (45%)$3,322143 (45%)$3,32273 (23%)$353
Average184 (68.11%)$4,296184 (68.00%)$3,79875 (26.33%)$3,783

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

For the last 10 years, on average, 18 (62.78 % of students) received grants or scholarships and its average amount is $3,799. It can cover 57.04% of tuition & fees ($6,660).
In addition, 3 (9.43 % of students) students get helped from the students loans (average amount : $2,090).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413 (100%)$2,7284 (31%)$1,732
2014-152 (67%)$4,345--
2015-1627 (90%)$2,5684 (13%)$1,695
2016-1727 (77%)$4,8702 (6%)$1,732
2017-1824 (59%)$4,7291 (2%)$1,732
2018-1930 (88%)$4,1212 (6%)$2,875
2019-2020 (17%)$4,5733 (3%)$1,650
2020-2112 (29%)$4,0882 (5%)$3,217
2021-223 (38%)$2,165--
Average18 (62.78%)$3,7993 (9.43%)$2,090
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 17 (62.11 % of students) received Pell (federal) grants and its average amount is $3,830.
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (100%)$2,728------
2014-152 (67%)$4,345------
2015-1627 (90%)$2,568------
2016-1727 (77%)$4,870------
2017-1824 (59%)$4,729------
2018-1928 (82%)$4,408----2 (6%)$100
2019-2020 (17%)$4,573------
2020-2112 (29%)$4,088------
2021-223 (38%)$2,165------
Average17 (62.11%)$3,830----2 (6.00%)$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..
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, 3 (9.43 % of students) get any students loan help and its average loan amount is $3.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-144 (31%)$1,7324 (31%)$1,732--
2014-15------
2015-164 (13%)$1,6954 (13%)$1,695--
2016-172 (6%)$1,7322 (6%)$1,732--
2017-181 (2%)$1,7321 (2%)$1,732--
2018-192 (6%)$2,8752 (6%)$2,875--
2019-203 (3%)$1,6503 (3%)$1,650--
2020-212 (5%)$3,2172 (5%)$3,217--
2021-22------
Average3 (9.43%)$2,0903 (9.43%)$2,090--
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