Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 8,547, which is 40.11 % of all undergraduate students. 6,515 students which is 30.56% of undergraduate students received federal student loans and the average loan amount is $6,379.

For full-time, first-time beginning students (freshmen), 46.22% of students received grants or scholarships and 34% 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 Wake Technical Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,547, which is 40.11 % of all undergraduate students. 6,515 students which is 30.56% of undergraduate students received federal student loans and the average loan amount is $6,379.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149,244 (48%)$3,5028,092 (42%)$3,5366,721 (35%)$6,637
2014-159,784 (46%)$3,4828,629 (40%)$3,5297,151 (33%)$6,711
2015-169,161 (44%)$3,4748,023 (38%)$3,5136,487 (31%)$6,639
2016-178,490 (39%)$3,7137,314 (34%)$3,5655,864 (27%)$6,415
2017-188,678 (39%)$3,8277,456 (33%)$3,6865,401 (24%)$6,187
2018-197,967 (36%)$4,9856,820 (31%)$4,9175,712 (26%)$5,993
2019-207,866 (36%)$5,3206,562 (30%)$4,8498,920 (41%)$6,323
2020-217,336 (34%)$4,7435,824 (27%)$4,1743,884 (18%)$5,938
2021-228,399 (39%)$5,7186,003 (28%)$4,7618,499 (40%)$6,568
Average8,547 (40.11%)$4,3077,191 (33.67%)$4,0596,515 (30.56%)$6,379
*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, 839 (46.22 % of students) received grants or scholarships and its average amount is $5,440. It can cover 71.75% of tuition & fees ($7,582) based on out-of-state rate.

In addition, 625 (33.78 % of students) students get helped from the students loans (average amount : $5,711).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,036 (64%)$3,790555 (34%)$6,432
2014-15831 (41%)$4,542535 (26%)$6,245
2015-16763 (47%)$4,437473 (29%)$6,001
2016-17735 (40%)$4,572472 (26%)$7,286
2017-18825 (45%)$5,077405 (22%)$4,995
2018-19870 (44%)$6,066595 (30%)$4,960
2019-20892 (43%)$6,9621,205 (58%)$5,406
2020-21694 (41%)$6,236331 (19%)$4,617
2021-22906 (51%)$7,2821,050 (60%)$5,460
Average839 (46.22%)$5,440625 (33.78%)$5,711
*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, 702 (38.56 % of students) received Pell (federal) grants and its average amount is $5,154.

In addition, 337 students received State/local government grants/scholarships (18.44 % 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
2013-14764 (47%)$4,56627 (2%)$756281 (17%)$1,40826 (2%)$867
2014-15730 (36%)$4,54714 (1%)$915278 (14%)$1,53616 (1%)$956
2015-16652 (40%)$4,6149 (1%)$844255 (16%)$1,36135 (2%)$644
2016-17656 (36%)$4,37640 (2%)$881237 (13%)$1,72243 (2%)$1,090
2017-18718 (39%)$5,01413 (1%)$1,362297 (16%)$1,82135 (2%)$859
2018-19746 (38%)$6,07220 (1%)$950329 (17%)$2,09043 (2%)$960
2019-20779 (37%)$5,961564 (27%)$1,324383 (18%)$2,03048 (2%)$880
2020-21606 (36%)$5,225610 (36%)$1,112261 (15%)$1,67733 (2%)$1,368
2021-22668 (38%)$6,009770 (44%)$1,684711 (40%)$1,73157 (3%)$979
Average702 (38.56%)$5,154230 (12.78%)$1,092337 (18.44%)$1,70837 (2.00%)$956
*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, 625 (33.78 % of students) get any students loan help and its average loan amount is $625.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14555 (34%)$6,432552 (34%)$6,4263 (0%)$7,481
2014-15535 (26%)$6,245533 (26%)$6,2195 (0%)$5,186
2015-16473 (29%)$6,001468 (29%)$5,9429 (1%)$6,389
2016-17472 (26%)$7,286472 (26%)$7,286--
2017-18405 (22%)$4,995402 (22%)$4,8939 (0%)$6,208
2018-19595 (30%)$4,960591 (30%)$4,9347 (0%)$5,000
2019-201,205 (58%)$5,4061,201 (58%)$5,35410 (0%)$8,487
2020-21331 (19%)$4,617331 (19%)$4,5951 (0%)$7,250
2021-221,050 (60%)$5,4601,049 (60%)$5,4354 (0%)$7,952
Average625 (33.78%)$5,711622 (33.78%)$5,6766 (1.00%)$6,744

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