Over the past 8 years (2013-2020), the average number of students who received grants aid/scholarships is 542, which is 59.43 % of all undergraduate students. 515 students which is 53.14% of undergraduate students received federal student loans and the average loan amount is $6,488.

For full-time, first-time beginning students (freshmen), 67.67% of students received grants or scholarships and 75% 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 Universal Technical Institute of Massachusetts Inc since 2013.

For that period, the average number of students who received grants aid/scholarships is 542, which is 59.43 % of all undergraduate students. 515 students which is 53.14% of undergraduate students received federal student loans and the average loan amount is $6,488.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14868 (59%)$3,610596 (41%)$3,659934 (64%)$6,503
2014-15793 (60%)$3,840510 (38%)$3,805824 (62%)$6,557
2015-16622 (58%)$3,911378 (35%)$4,020597 (56%)$6,302
2016-17544 (61%)$3,870320 (36%)$3,899463 (52%)$6,069
2017-18458 (64%)$4,106311 (44%)$3,882396 (56%)$6,338
2018-19380 (61%)$3,998250 (40%)$3,927322 (52%)$6,612
2019-20127 (53%)$2,68657 (24%)$2,72872 (30%)$7,036
Average542 (59.43%)$3,717346 (36.86%)$3,703515 (53.14%)$6,488
*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 8 years, on average, 281 (67.67 % of students) received grants or scholarships and its average amount is $4,630. It can cover 9.39% of tuition & fees ($49,300).

In addition, 310 (74.50 % of students) students get helped from the students loans (average amount : $8,093).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14477 (69%)$4,135534 (77%)$8,616
2014-15376 (66%)$4,703428 (75%)$8,334
2015-16266 (69%)$4,548293 (77%)$8,010
2016-17239 (70%)$4,357251 (74%)$7,436
2017-18175 (66%)$5,152190 (72%)$7,619
2018-19150 (66%)$4,886164 (72%)$8,541
2019-20----
Average281 (67.67%)$4,630310 (74.50%)$8,093
*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 8 years, on average, 219 (53.17 % of students) received Pell (federal) grants and its average amount is $4,175.

In addition, 6 students received State/local government grants/scholarships (1.67 % 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
2013-14379 (55%)$3,900111 (16%)$8657 (1%)$3,928231 (33%)$1,605
2014-15290 (51%)$3,985111 (20%)$85412 (2%)$3,161158 (28%)$3,036
2015-16202 (53%)$4,24695 (25%)$1,0203 (1%)$4,732122 (32%)$1,976
2016-17181 (53%)$4,12373 (21%)$6923 (1%)$1,228118 (35%)$2,041
2017-18141 (53%)$4,39045 (17%)$8914 (2%)$1,99086 (33%)$2,727
2018-19123 (54%)$4,40311 (5%)$6486 (3%)$1,40680 (35%)$2,197
2019-20--------
Average219 (53.17%)$4,17574 (17.33%)$8286 (1.67%)$2,741133 (32.67%)$2,264
*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 8 years, on average, 310 (74.50 % of students) get any students loan help and its average loan amount is $310.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14534 (77%)$8,616526 (76%)$6,715167 (24%)$6,401
2014-15428 (75%)$8,334428 (75%)$6,548134 (24%)$5,706
2015-16293 (77%)$8,010293 (77%)$6,10681 (21%)$6,886
2016-17251 (74%)$7,436248 (73%)$5,68660 (18%)$7,607
2017-18190 (72%)$7,619187 (71%)$6,11943 (16%)$7,056
2018-19164 (72%)$8,541164 (72%)$6,26849 (21%)$7,606
2019-20------
Average310 (74.50%)$8,093308 (74.00%)$6,24089 (20.67%)$6,877

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