Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 225, which is 90.67 % of all undergraduate students. 156 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,324.

For full-time, first-time beginning students (freshmen), 89.22% of students received grants or scholarships and 71% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Erie Institute of Technology Inc since 2013.

For that period, the average number of students who received grants aid/scholarships is 225, which is 90.67 % of all undergraduate students. 156 students which is 65.78% of undergraduate students received federal student loans and the average loan amount is $6,324.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14191 (88%)$7,631150 (69%)$4,036173 (80%)$6,943
2014-15205 (88%)$6,434164 (71%)$3,432181 (78%)$6,748
2015-16233 (90%)$7,236181 (70%)$3,936192 (74%)$7,030
2016-17351 (97%)$12,493131 (36%)$3,865127 (35%)$6,087
2017-18245 (92%)$6,475120 (45%)$4,601123 (46%)$6,437
2018-19135 (82%)$8,35597 (59%)$5,034122 (74%)$6,161
2019-20209 (93%)$6,608158 (70%)$3,930177 (79%)$5,405
2020-21242 (91%)$9,088165 (62%)$5,299174 (66%)$5,864
2021-22216 (95%)$8,881114 (50%)$7,671136 (60%)$6,245
Average225 (90.67%)$8,133142 (59.11%)$4,645156 (65.78%)$6,324
*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.

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

For the last 10 years, on average, 74 (89.22 % of students) received grants or scholarships and its average amount is $9,632. It can cover 61.09% of tuition & fees ($15,768).

In addition, 56 (71.11 % of students) students get helped from the students loans (average amount : $7,864).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1470 (91%)$7,84969 (90%)$7,718
2014-1579 (96%)$7,98058 (71%)$7,569
2015-1667 (85%)$7,99161 (77%)$7,237
2016-17133 (96%)$14,81632 (23%)$6,769
2017-1855 (93%)$11,14146 (78%)$8,951
2018-1960 (80%)$8,23757 (76%)$7,116
2019-2080 (85%)$8,70275 (80%)$8,456
2020-2171 (87%)$10,37060 (73%)$7,233
2021-2255 (90%)$9,60544 (72%)$9,725
Average74 (89.22%)$9,63256 (71.11%)$7,864
*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, 48 (60.78 % of students) received Pell (federal) grants and its average amount is $5,105.

In addition, 57 students received State/local government grants/scholarships (66.22 % 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
2013-1451 (66%)$3,96824 (31%)$15657 (74%)$5,27711 (14%)$3,868
2014-1559 (72%)$4,20835 (43%)$15463 (77%)$5,55111 (13%)$2,460
2015-1651 (65%)$4,26427 (34%)$22845 (57%)$6,03117 (22%)$2,378
2016-1731 (22%)$4,09114 (10%)$214127 (92%)$14,30011 (8%)$2,239
2017-1844 (75%)$5,55122 (37%)$34644 (75%)$6,79813 (22%)$4,753
2018-1945 (60%)$4,87430 (40%)$31647 (63%)$4,74614 (19%)$3,022
2019-2060 (64%)$4,72038 (40%)$25362 (66%)$5,75618 (19%)$2,585
2020-2154 (66%)$6,28060 (73%)$1,17242 (51%)$6,73313 (16%)$3,387
2021-2235 (57%)$7,98935 (57%)$42325 (41%)$7,60815 (25%)$2,910
Average48 (60.78%)$5,10532 (40.56%)$36257 (66.22%)$6,97814 (17.56%)$3,067
*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, 56 (71.11 % of students) get any students loan help and its average loan amount is $56.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1469 (90%)$7,71869 (90%)$7,1846 (8%)$6,144
2014-1558 (71%)$7,56958 (71%)$7,2353 (4%)$6,464
2015-1661 (77%)$7,23761 (77%)$5,8587 (9%)$12,011
2016-1732 (23%)$6,76932 (23%)$6,4161 (1%)$11,295
2017-1846 (78%)$8,95146 (78%)$8,1643 (5%)$12,076
2018-1957 (76%)$7,11657 (76%)$6,7055 (7%)$4,680
2019-2075 (80%)$8,45675 (80%)$6,71013 (14%)$10,074
2020-2160 (73%)$7,23360 (73%)$6,2345 (6%)$11,985
2021-2244 (72%)$9,72544 (72%)$6,73113 (21%)$10,135
Average56 (71.11%)$7,86456 (71.11%)$6,8046 (8.33%)$9,429

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