Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 710, which is 55.44 % of all undergraduate students. 697 students which is 54.78% of undergraduate students received federal student loans and the average loan amount is $4,970.

For full-time, first-time beginning students (freshmen), 61.44% of students received grants or scholarships and 63% 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 MTI College since 2013.

For that period, the average number of students who received grants aid/scholarships is 710, which is 55.44 % of all undergraduate students. 697 students which is 54.78% of undergraduate students received federal student loans and the average loan amount is $4,970.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14484 (32%)$3,714474 (31%)$3,419534 (35%)$5,894
2014-15985 (68%)$4,054940 (65%)$3,2911,084 (75%)$4,057
2015-16807 (64%)$4,158795 (63%)$3,515678 (54%)$5,121
2016-17791 (67%)$4,054744 (63%)$3,146766 (65%)$4,037
2017-18825 (73%)$4,478738 (66%)$3,573827 (73%)$3,667
2018-19897 (72%)$4,076796 (64%)$3,385910 (73%)$3,361
2019-20843 (67%)$4,711732 (58%)$3,680845 (67%)$3,893
2020-21326 (32%)$4,820311 (30%)$4,076380 (37%)$7,562
2021-22431 (24%)$6,158257 (15%)$5,075252 (14%)$7,136
Average710 (55.44%)$4,469643 (50.56%)$3,684697 (54.78%)$4,970
*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, 243 (61.44 % of students) received grants or scholarships and its average amount is $4,508. It can cover 26.52% of tuition & fees ($17,000).

In addition, 246 (63.11 % of students) students get helped from the students loans (average amount : $5,134).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14205 (72%)$4,111222 (78%)$6,267
2014-15348 (70%)$4,083390 (79%)$4,269
2015-16286 (65%)$4,107250 (57%)$5,361
2016-17234 (65%)$4,019238 (66%)$4,273
2017-18263 (70%)$4,445274 (73%)$4,066
2018-19276 (69%)$4,492297 (74%)$3,557
2019-20262 (70%)$4,310249 (66%)$4,059
2020-21141 (53%)$4,758164 (61%)$7,468
2021-22174 (19%)$6,249126 (14%)$6,887
Average243 (61.44%)$4,508246 (63.11%)$5,134
*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, 229 (58.22 % of students) received Pell (federal) grants and its average amount is $3,849.

In addition, 59 students received State/local government grants/scholarships (15.11 % 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
2013-14202 (71%)$3,723143 (50%)$14520 (7%)$3,2583 (1%)$1,574
2014-15341 (69%)$3,433180 (36%)$14364 (13%)$3,3003 (1%)$4,527
2015-16282 (65%)$3,584152 (35%)$13844 (10%)$3,2451 (0%)$177
2016-17224 (62%)$3,310125 (35%)$22271 (20%)$2,2158 (2%)$1,771
2017-18242 (65%)$3,62098 (26%)$36693 (25%)$2,52713 (3%)$1,701
2018-19241 (60%)$3,838140 (35%)$194119 (30%)$2,14213 (3%)$2,524
2019-20237 (63%)$3,722144 (38%)$15185 (23%)$2,5764 (1%)$1,546
2020-21139 (52%)$4,33486 (32%)$37913 (5%)$2,754--
2021-22154 (17%)$5,07693 (10%)$44624 (3%)$2,45353 (6%)$3,875
Average229 (58.22%)$3,849129 (33.00%)$24359 (15.11%)$2,71912 (2.43%)$2,212
*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, 246 (63.11 % of students) get any students loan help and its average loan amount is $246.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14222 (78%)$6,267222 (78%)$6,267--
2014-15390 (79%)$4,269390 (79%)$4,269--
2015-16250 (57%)$5,361250 (57%)$5,361--
2016-17238 (66%)$4,273238 (66%)$4,273--
2017-18274 (73%)$4,066274 (73%)$4,066--
2018-19297 (74%)$3,557297 (74%)$3,557--
2019-20249 (66%)$4,059249 (66%)$4,059--
2020-21164 (61%)$7,468164 (61%)$7,468--
2021-22126 (14%)$6,887126 (14%)$6,887--
Average246 (63.11%)$5,134246 (63.11%)$5,134--

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