Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,463, which is 35.89 % of all undergraduate students. 3,851 students which is 25.44% of undergraduate students received federal student loans and the average loan amount is $6,057.

For full-time, first-time beginning students (freshmen), 43.44% of students received grants or scholarships and 33% 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 Madison Area Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,463, which is 35.89 % of all undergraduate students. 3,851 students which is 25.44% of undergraduate students received federal student loans and the average loan amount is $6,057.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,251 (47%)$2,8065,000 (33%)$3,1045,469 (36%)$6,160
2014-157,094 (42%)$2,7104,775 (29%)$3,1445,217 (31%)$6,203
2015-166,558 (40%)$2,7224,174 (25%)$3,2254,592 (28%)$6,039
2016-176,080 (39%)$2,7653,809 (24%)$3,2134,129 (26%)$6,027
2017-185,892 (38%)$2,9273,686 (24%)$3,3293,844 (25%)$6,040
2018-195,560 (37%)$3,2443,516 (23%)$3,5093,426 (23%)$5,865
2019-204,099 (28%)$4,1993,361 (23%)$3,3993,243 (22%)$6,173
2020-213,434 (26%)$4,2832,748 (21%)$3,4312,599 (20%)$5,915
2021-223,199 (26%)$4,3742,483 (21%)$3,4752,137 (18%)$6,087
Average5,463 (35.89%)$3,3373,728 (24.78%)$3,3143,851 (25.44%)$6,057
*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, 390 (43.44 % of students) received grants or scholarships and its average amount is $4,674. It can cover 66.52% of tuition & fees ($7,027) based on out-of-state rate.

In addition, 304 (32.89 % of students) students get helped from the students loans (average amount : $5,494).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14631 (50%)$4,233558 (44%)$5,541
2014-15553 (45%)$4,365492 (40%)$5,357
2015-16424 (46%)$4,401339 (36%)$5,737
2016-17393 (47%)$4,431309 (37%)$5,468
2017-18313 (44%)$4,277244 (34%)$5,198
2018-19337 (44%)$4,889233 (30%)$5,143
2019-20358 (42%)$4,949245 (29%)$5,380
2020-21253 (35%)$5,233157 (22%)$5,598
2021-22249 (38%)$5,289155 (24%)$6,027
Average390 (43.44%)$4,674304 (32.89%)$5,494
*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, 295 (32.56 % of students) received Pell (federal) grants and its average amount is $4,559.

In addition, 235 students received State/local government grants/scholarships (26.89 % 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
2013-14529 (42%)$3,89286 (7%)$595300 (24%)$1,114189 (15%)$1,202
2014-15449 (37%)$4,04780 (7%)$602314 (26%)$1,172149 (12%)$1,213
2015-16332 (36%)$4,17761 (7%)$631254 (27%)$1,074128 (14%)$1,313
2016-17299 (36%)$4,208115 (14%)$528236 (28%)$1,117139 (17%)$1,142
2017-18228 (32%)$4,12357 (8%)$568183 (26%)$1,033141 (20%)$1,258
2018-19265 (35%)$4,35680 (10%)$446243 (32%)$1,035136 (18%)$1,517
2019-20245 (29%)$4,66762 (7%)$465234 (27%)$1,052184 (21%)$1,922
2020-21157 (22%)$5,570104 (14%)$483172 (24%)$1,085120 (17%)$1,771
2021-22155 (24%)$5,99194 (14%)$470182 (28%)$1,34572 (11%)$1,379
Average295 (32.56%)$4,55982 (9.78%)$532235 (26.89%)$1,114140 (16.11%)$1,413
*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, 304 (32.89 % of students) get any students loan help and its average loan amount is $304.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14558 (44%)$5,541556 (44%)$5,44810 (1%)$6,243
2014-15492 (40%)$5,357492 (40%)$5,23210 (1%)$6,111
2015-16339 (36%)$5,737338 (36%)$5,44217 (2%)$6,211
2016-17309 (37%)$5,468306 (37%)$5,3509 (1%)$5,814
2017-18244 (34%)$5,198243 (34%)$5,1534 (1%)$4,008
2018-19233 (30%)$5,143231 (30%)$4,9957 (1%)$6,352
2019-20245 (29%)$5,380245 (29%)$5,2775 (1%)$5,041
2020-21157 (22%)$5,598157 (22%)$5,4014 (1%)$7,730
2021-22155 (24%)$6,027155 (24%)$5,4827 (1%)$12,083
Average304 (32.89%)$5,494303 (32.89%)$5,3098 (1.11%)$6,621

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