How Wentworth Institute of Technology'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 Wentworth Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,644, which is 86.33 % of all undergraduate students. 2,574 students which is 61.00% of undergraduate students received federal student loans and the average loan amount is $7,070.

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	3,423 (85%)	$11,967	1,067 (27%)	$4,355	2,857 (71%)	$6,931
2014-15	3,720 (86%)	$13,376	1,144 (26%)	$4,376	2,899 (67%)	$6,782
2015-16	3,752 (87%)	$13,664	1,070 (25%)	$4,345	2,934 (68%)	$6,673
2016-17	3,703 (87%)	$13,990	966 (23%)	$4,488	2,655 (62%)	$10,577
2017-18	3,672 (86%)	$14,201	1,020 (24%)	$4,626	2,585 (61%)	$6,758
2018-19	3,658 (84%)	$14,348	1,019 (23%)	$4,533	2,595 (60%)	$6,534
2019-20	3,623 (84%)	$15,014	991 (23%)	$4,770	2,437 (57%)	$6,542
2020-21	3,728 (89%)	$16,444	977 (23%)	$4,923	2,154 (51%)	$6,509
2021-22	3,515 (89%)	$17,287	978 (25%)	$4,796	2,051 (52%)	$6,322
Average	3,644 (86.33%)	$14,477	1,026 (24.33%)	$4,579	2,574 (61.00%)	$7,070

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

Overview

For the last 10 years, on average, 953 (98.89 % of students) received grants or scholarships and its average amount is $15,357. It can cover 37.45% of tuition & fees ($41,010).

In addition, 701 (72.67 % of students) students get helped from the students loans (average amount : $10,568).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	859 (98%)	$13,732	669 (76%)	$8,808
2014-15	1,042 (98%)	$14,868	789 (74%)	$9,585
2015-16	930 (97%)	$13,291	719 (75%)	$10,152
2016-17	948 (99%)	$13,455	710 (74%)	$10,679
2017-18	960 (99%)	$14,849	702 (73%)	$11,183
2018-19	1,016 (100%)	$15,243	766 (75%)	$12,935
2019-20	945 (100%)	$15,839	684 (72%)	$11,403
2020-21	965 (100%)	$18,702	617 (64%)	$10,138
2021-22	909 (99%)	$18,237	654 (71%)	$10,226
Average	953 (98.89%)	$15,357	701 (72.67%)	$10,568

^*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, 260 (26.78 % of students) received Pell (federal) grants and its average amount is $4,602.

In addition, 134 students received State/local government grants/scholarships (13.89 % 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	210 (24%)	$4,259	46 (5%)	$1,168	119 (14%)	$1,270	858 (98%)	$12,467
2014-15	298 (28%)	$4,339	45 (4%)	$1,160	186 (17%)	$1,369	1,022 (96%)	$13,594
2015-16	245 (25%)	$4,493	46 (5%)	$1,187	145 (15%)	$1,697	929 (97%)	$11,797
2016-17	232 (24%)	$4,572	50 (5%)	$1,200	138 (14%)	$1,922	947 (99%)	$12,005
2017-18	259 (27%)	$4,656	46 (5%)	$1,200	141 (15%)	$1,872	960 (99%)	$13,260
2018-19	278 (27%)	$4,736	42 (4%)	$1,171	115 (11%)	$1,672	1,013 (100%)	$13,750
2019-20	278 (29%)	$4,883	47 (5%)	$1,162	121 (13%)	$1,626	945 (100%)	$14,136
2020-21	266 (27%)	$4,740	51 (5%)	$1,176	133 (14%)	$1,753	964 (100%)	$17,109
2021-22	270 (30%)	$4,742	49 (5%)	$1,141	110 (12%)	$1,859	908 (99%)	$16,560
Average	260 (26.78%)	$4,602	47 (4.78%)	$1,174	134 (13.89%)	$1,671	950 (98.67%)	$13,853

^*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, 701 (72.67 % of students) get any students loan help and its average loan amount is $701.

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	669 (76%)	$8,808	664 (76%)	$5,519	131 (15%)	$17,005
2014-15	789 (74%)	$9,585	780 (73%)	$5,474	183 (17%)	$17,991
2015-16	719 (75%)	$10,152	712 (74%)	$5,452	170 (18%)	$20,104
2016-17	710 (74%)	$10,679	701 (73%)	$5,579	172 (18%)	$21,344
2017-18	702 (73%)	$11,183	687 (71%)	$5,524	181 (19%)	$22,406
2018-19	766 (75%)	$12,935	744 (73%)	$5,311	269 (26%)	$22,143
2019-20	684 (72%)	$11,403	667 (71%)	$5,316	188 (20%)	$22,626
2020-21	617 (64%)	$10,138	586 (61%)	$5,250	147 (15%)	$21,622
2021-22	654 (71%)	$10,226	644 (70%)	$4,825	154 (17%)	$23,252
Average	701 (72.67%)	$10,568	687 (71.33%)	$5,361	177 (18.33%)	$20,944

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Scholarships, Grants, and Loan Trends at Wentworth Institute of Technology

All Undergraduate Students Financial Aid Over Time

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