How Wake Technical CC'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 Wake Technical Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,547, which is 40.11 % of all undergraduate students. 6,515 students which is 30.56% of undergraduate students received federal student loans and the average loan amount is $6,379.

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	9,244 (48%)	$3,502	8,092 (42%)	$3,536	6,721 (35%)	$6,637
2014-15	9,784 (46%)	$3,482	8,629 (40%)	$3,529	7,151 (33%)	$6,711
2015-16	9,161 (44%)	$3,474	8,023 (38%)	$3,513	6,487 (31%)	$6,639
2016-17	8,490 (39%)	$3,713	7,314 (34%)	$3,565	5,864 (27%)	$6,415
2017-18	8,678 (39%)	$3,827	7,456 (33%)	$3,686	5,401 (24%)	$6,187
2018-19	7,967 (36%)	$4,985	6,820 (31%)	$4,917	5,712 (26%)	$5,993
2019-20	7,866 (36%)	$5,320	6,562 (30%)	$4,849	8,920 (41%)	$6,323
2020-21	7,336 (34%)	$4,743	5,824 (27%)	$4,174	3,884 (18%)	$5,938
2021-22	8,399 (39%)	$5,718	6,003 (28%)	$4,761	8,499 (40%)	$6,568
Average	8,547 (40.11%)	$4,307	7,191 (33.67%)	$4,059	6,515 (30.56%)	$6,379

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

Overview

For the last 10 years, on average, 839 (46.22 % of students) received grants or scholarships and its average amount is $5,440. It can cover 71.75% of tuition & fees ($7,582) based on out-of-state rate.

In addition, 625 (33.78 % of students) students get helped from the students loans (average amount : $5,711).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,036 (64%)	$3,790	555 (34%)	$6,432
2014-15	831 (41%)	$4,542	535 (26%)	$6,245
2015-16	763 (47%)	$4,437	473 (29%)	$6,001
2016-17	735 (40%)	$4,572	472 (26%)	$7,286
2017-18	825 (45%)	$5,077	405 (22%)	$4,995
2018-19	870 (44%)	$6,066	595 (30%)	$4,960
2019-20	892 (43%)	$6,962	1,205 (58%)	$5,406
2020-21	694 (41%)	$6,236	331 (19%)	$4,617
2021-22	906 (51%)	$7,282	1,050 (60%)	$5,460
Average	839 (46.22%)	$5,440	625 (33.78%)	$5,711

^*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, 702 (38.56 % of students) received Pell (federal) grants and its average amount is $5,154.

In addition, 337 students received State/local government grants/scholarships (18.44 % 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	764 (47%)	$4,566	27 (2%)	$756	281 (17%)	$1,408	26 (2%)	$867
2014-15	730 (36%)	$4,547	14 (1%)	$915	278 (14%)	$1,536	16 (1%)	$956
2015-16	652 (40%)	$4,614	9 (1%)	$844	255 (16%)	$1,361	35 (2%)	$644
2016-17	656 (36%)	$4,376	40 (2%)	$881	237 (13%)	$1,722	43 (2%)	$1,090
2017-18	718 (39%)	$5,014	13 (1%)	$1,362	297 (16%)	$1,821	35 (2%)	$859
2018-19	746 (38%)	$6,072	20 (1%)	$950	329 (17%)	$2,090	43 (2%)	$960
2019-20	779 (37%)	$5,961	564 (27%)	$1,324	383 (18%)	$2,030	48 (2%)	$880
2020-21	606 (36%)	$5,225	610 (36%)	$1,112	261 (15%)	$1,677	33 (2%)	$1,368
2021-22	668 (38%)	$6,009	770 (44%)	$1,684	711 (40%)	$1,731	57 (3%)	$979
Average	702 (38.56%)	$5,154	230 (12.78%)	$1,092	337 (18.44%)	$1,708	37 (2.00%)	$956

^*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, 625 (33.78 % of students) get any students loan help and its average loan amount is $625.

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	555 (34%)	$6,432	552 (34%)	$6,426	3 (0%)	$7,481
2014-15	535 (26%)	$6,245	533 (26%)	$6,219	5 (0%)	$5,186
2015-16	473 (29%)	$6,001	468 (29%)	$5,942	9 (1%)	$6,389
2016-17	472 (26%)	$7,286	472 (26%)	$7,286	-	-
2017-18	405 (22%)	$4,995	402 (22%)	$4,893	9 (0%)	$6,208
2018-19	595 (30%)	$4,960	591 (30%)	$4,934	7 (0%)	$5,000
2019-20	1,205 (58%)	$5,406	1,201 (58%)	$5,354	10 (0%)	$8,487
2020-21	331 (19%)	$4,617	331 (19%)	$4,595	1 (0%)	$7,250
2021-22	1,050 (60%)	$5,460	1,049 (60%)	$5,435	4 (0%)	$7,952
Average	625 (33.78%)	$5,711	622 (33.78%)	$5,676	6 (1.00%)	$6,744

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Scholarships, Grants, and Loan Trends at Wake Technical CC

All Undergraduate Students Financial Aid Over Time

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