Scholarships, Grants, and Loan Trends at U of Advancing Technology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 537, which is 69.67 % of all undergraduate students. 471 students which is 60.44% of undergraduate students received federal student loans and the average loan amount is $8,892.
For full-time, first-time beginning students (freshmen), 84.89% of students received grants or scholarships and 80% 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 University of Advancing Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 537, which is 69.67 % of all undergraduate students. 471 students which is 60.44% of undergraduate students received federal student loans and the average loan amount is $8,892.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14538 (56%)$5,107399 (42%)$4,656598 (62%)$9,500
2014-15447 (57%)$5,676329 (42%)$4,743494 (63%)$9,443
2015-16468 (68%)$7,540306 (44%)$4,970418 (60%)$9,956
2016-17447 (67%)$8,081306 (46%)$4,002238 (35%)$5,621
2017-18542 (70%)$8,667358 (46%)$5,485447 (58%)$9,567
2018-19435 (60%)$8,682340 (47%)$5,458455 (62%)$9,321
2019-20573 (76%)$9,770396 (53%)$5,790492 (66%)$8,954
2020-21710 (90%)$8,845412 (52%)$5,840557 (71%)$10,657
2021-22670 (83%)$6,290458 (57%)$4,215538 (67%)$7,005
Average537 (69.67%)$7,629367 (47.67%)$5,018471 (60.44%)$8,892

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

For the last 10 years, on average, 92 (84.89 % of students) received grants or scholarships and its average amount is $8,880. It can cover 45.98% of tuition & fees ($19,312).
In addition, 87 (79.67 % of students) students get helped from the students loans (average amount : $11,934).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1490 (84%)$4,68782 (77%)$13,472
2014-1574 (76%)$5,72980 (82%)$11,409
2015-1693 (86%)$9,19271 (66%)$11,582
2016-1773 (92%)$11,03165 (82%)$10,387
2017-1886 (93%)$9,40371 (77%)$14,443
2018-1979 (69%)$4,23790 (78%)$15,145
2019-2096 (73%)$14,550109 (83%)$9,102
2020-21136 (91%)$11,065125 (84%)$11,489
2021-22100 (100%)$10,03088 (88%)$10,373
Average92 (84.89%)$8,88087 (79.67%)$11,934
*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, 61 (54.89 % of students) received Pell (federal) grants and its average amount is $5,312.
In addition, 3 students received State/local government grants/scholarships (2.67 % of students).
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
2013-1455 (51%)$4,59233 (31%)$285--59 (55%)$2,710
2014-1540 (41%)$4,77332 (33%)$3021 (1%)$25057 (58%)$3,915
2015-1660 (56%)$4,22150 (46%)$3091 (1%)$25076 (70%)$7,709
2016-1740 (51%)$4,93025 (32%)$4703 (4%)$1,15472 (91%)$8,234
2017-1847 (51%)$5,77824 (26%)$400--84 (91%)$6,280
2018-1958 (50%)$5,41245 (39%)$2311 (1%)$5,62524 (21%)$200
2019-2087 (66%)$6,37986 (65%)$3328 (6%)$4,68296 (73%)$8,081
2020-2192 (62%)$6,508114 (77%)$9014 (3%)$7,26686 (58%)$9,003
2021-2266 (66%)$5,21873 (73%)$520--99 (99%)$6,269
Average61 (54.89%)$5,31254 (46.89%)$4173 (2.67%)$3,20573 (68.44%)$5,822
*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, 87 (79.67 % of students) get any students loan help and its average loan amount is $87.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1482 (77%)$13,47282 (77%)$7,07831 (29%)$16,914
2014-1580 (82%)$11,40979 (81%)$6,77926 (27%)$14,506
2015-1671 (66%)$11,58271 (66%)$7,57517 (16%)$16,733
2016-1765 (82%)$10,38765 (82%)$7,9609 (11%)$17,533
2017-1871 (77%)$14,44371 (77%)$9,25419 (21%)$19,389
2018-1990 (78%)$15,14590 (78%)$9,87822 (19%)$21,543
2019-20109 (83%)$9,102109 (83%)$6,63417 (13%)$15,827
2020-21125 (84%)$11,489125 (84%)$8,62119 (13%)$18,870
2021-2288 (88%)$10,37388 (88%)$5,82327 (27%)$14,828
Average87 (79.67%)$11,93487 (79.56%)$7,73421 (19.56%)$17,349
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