Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 24, which is 62.56 % of all undergraduate students. 30 students which is 78.44% of undergraduate students received federal student loans and the average loan amount is $8,795.

For full-time, first-time beginning students (freshmen), 63.33% of students received grants or scholarships and 79% 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 Monty Tech since 2013.

For that period, the average number of students who received grants aid/scholarships is 24, which is 62.56 % of all undergraduate students. 30 students which is 78.44% of undergraduate students received federal student loans and the average loan amount is $8,795.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1437 (90%)$3,46625 (61%)$4,87937 (90%)$8,075
2014-1531 (69%)$4,90128 (62%)$4,99942 (93%)$8,350
2015-1625 (64%)$3,77920 (51%)$4,21132 (82%)$7,941
2016-1727 (60%)$5,14926 (58%)$4,85335 (78%)$8,388
2017-1819 (48%)$5,84319 (48%)$5,35234 (85%)$8,687
2018-1926 (74%)$11,54717 (49%)$5,34526 (74%)$11,547
2019-2012 (32%)$4,3469 (24%)$5,49414 (38%)$8,750
2020-2125 (63%)$9,43623 (58%)$4,73033 (83%)$8,121
2021-2215 (63%)$6,64714 (58%)$6,13420 (83%)$9,300
Average24 (62.56%)$6,12420 (52.11%)$5,11130 (78.44%)$8,795
*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, 21 (63.33 % of students) received grants or scholarships and its average amount is $5,051. It can cover 35.20% of tuition & fees ($14,350) based on out-of-state rate.

In addition, 27 (78.78 % of students) students get helped from the students loans (average amount : $9,048).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1436 (90%)$3,56236 (90%)$8,168
2014-1530 (68%)$4,90541 (93%)$8,383
2015-1625 (68%)$3,75932 (86%)$7,941
2016-1725 (61%)$5,31232 (78%)$8,293
2017-1819 (53%)$5,84331 (86%)$9,075
2018-1924 (73%)$4,31025 (76%)$12,123
2019-2012 (38%)$4,34614 (44%)$8,750
2020-217 (54%)$6,7799 (69%)$9,402
2021-2215 (65%)$6,64720 (87%)$9,300
Average21 (63.33%)$5,05127 (78.78%)$9,048
*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, 18 (52.33 % of students) received Pell (federal) grants and its average amount is $4,968.

In addition, 11 students received State/local government grants/scholarships (34.67 % 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
2013-1425 (63%)$4,879--14 (35%)$446--
2014-1527 (61%)$5,026--15 (34%)$36312 (27%)$500
2015-1620 (54%)$4,211--12 (32%)$4797 (19%)$570
2016-1725 (61%)$4,814--14 (34%)$6575 (12%)$650
2017-1819 (53%)$5,352--10 (28%)$6106 (17%)$540
2018-1917 (52%)$5,345--14 (42%)$6997 (21%)$398
2019-209 (28%)$5,494--7 (22%)$386--
2020-215 (38%)$3,455--6 (46%)$5,030--
2021-2214 (61%)$6,134--9 (39%)$7788 (35%)$853
Average18 (52.33%)$4,968--11 (34.67%)$1,0508 (21.83%)$585
*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, 27 (78.78 % of students) get any students loan help and its average loan amount is $27.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1436 (90%)$8,16836 (90%)$8,168--
2014-1541 (93%)$8,38341 (93%)$8,383--
2015-1632 (86%)$7,94132 (86%)$7,941--
2016-1732 (78%)$8,29332 (78%)$8,293--
2017-1831 (86%)$9,07531 (86%)$8,7202 (6%)$5,500
2018-1925 (76%)$12,12324 (73%)$12,1491 (3%)$11,500
2019-2014 (44%)$8,75014 (44%)$8,750--
2020-219 (69%)$9,4029 (69%)$9,402--
2021-2220 (87%)$9,30020 (87%)$9,300--
Average27 (78.78%)$9,04827 (78.44%)$9,0122 (4.50%)$8,500

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