Scholarships, Grants, and Loan Trends at HIWT

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 263, which is 44.36 % of all undergraduate students. 202 students which is 34.45% of undergraduate students received federal student loans and the average loan amount is $6,581.
For full-time, first-time beginning students (freshmen), 43.55% of students received grants or scholarships and 41% of students received student loans.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Hobart Institute of Welding Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 263, which is 44.36 % of all undergraduate students. 202 students which is 34.45% of undergraduate students received federal student loans and the average loan amount is $6,581.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12193 (45%)$4,400180 (42%)$3,815210 (49%)$6,950
2012-13215 (43%)$4,317196 (39%)$3,541205 (41%)$7,140
2013-14175 (33%)$3,878147 (28%)$3,416165 (31%)$6,851
2014-15261 (44%)$6,149190 (32%)$3,669218 (37%)$7,023
2015-16255 (36%)$4,131204 (29%)$3,698236 (34%)$6,505
2016-17237 (34%)$4,128188 (27%)$3,838242 (34%)$6,704
2017-18251 (38%)$4,119209 (31%)$3,971235 (35%)$6,330
2018-19197 (35%)$4,691152 (27%)$4,062184 (32%)$6,494
2019-20365 (63%)$3,614153 (26%)$3,975194 (33%)$6,372
2020-21381 (58%)$3,358142 (22%)$4,056163 (25%)$5,989
2021-22364 (59%)$3,749135 (22%)$3,913174 (28%)$6,032
Average263 (44.36%)$4,230172 (29.55%)$3,814202 (34.45%)$6,581

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 184 (43.55 % of students) received grants or scholarships and its average amount is $4,448. It can cover 19.68% of tuition & fees ($22,600).
In addition, 166 (41.36 % of students) students get helped from the students loans (average amount : $8,036).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12124 (52%)$4,587161 (68%)$8,016
2012-13109 (50%)$4,790133 (61%)$7,916
2013-14113 (31%)$4,074138 (38%)$8,211
2014-15169 (40%)$5,716177 (42%)$7,778
2015-16167 (32%)$4,504202 (38%)$8,346
2016-17152 (29%)$4,352199 (38%)$8,724
2017-18178 (34%)$4,336204 (39%)$8,106
2018-19131 (30%)$4,993149 (35%)$7,190
2019-20273 (63%)$3,988154 (36%)$8,406
2020-21313 (59%)$3,655150 (28%)$7,933
2021-22298 (59%)$3,937164 (32%)$7,775
Average184 (43.55%)$4,448166 (41.36%)$8,036
*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 12 years, on average, 127 (31.82 % of students) received Pell (federal) grants and its average amount is $3,968.
In addition, 21 students received State/local government grants/scholarships (5.50 % 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
2011-12120 (51%)$3,94377 (32%)$1687 (3%)$8,0983 (1%)$8,675
2012-13104 (48%)$3,81856 (26%)$2148 (4%)$10,8653 (1%)$8,675
2013-14111 (31%)$3,65074 (20%)$2246 (2%)$5,6011 (0%)$5,000
2014-15141 (33%)$3,63465 (15%)$23028 (7%)$14,5314 (1%)$7,959
2015-16147 (28%)$4,13885 (16%)$20210 (2%)$8,4836 (1%)$6,973
2016-17137 (26%)$4,00262 (12%)$2438 (2%)$8,5488 (2%)$3,727
2017-18170 (33%)$3,95582 (16%)$2252 (0%)$12,71411 (2%)$5,054
2018-19124 (29%)$4,22481 (19%)$2435 (1%)$9,8468 (2%)$7,673
2019-20113 (26%)$3,986258 (60%)$85272 (17%)$5,0807 (2%)$7,557
2020-21116 (22%)$4,263293 (56%)$1,00073 (14%)$4,2986 (1%)$7,133
2021-22116 (23%)$4,036296 (58%)$1,46816 (3%)$11,72811 (2%)$7,536
Average127 (31.82%)$3,968130 (30.00%)$46121 (5.50%)$9,0726 (1.50%)$6,906
*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 12 years, on average, 166 (41.36 % of students) get any students loan help and its average loan amount is $166.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12161 (68%)$8,016159 (67%)$6,90316 (7%)$12,055
2012-13133 (61%)$7,916131 (60%)$7,2628 (4%)$12,691
2013-14138 (38%)$8,211134 (37%)$6,77719 (5%)$11,846
2014-15177 (42%)$7,778170 (40%)$6,77517 (4%)$13,232
2015-16202 (38%)$8,346192 (36%)$6,29030 (6%)$15,941
2016-17199 (38%)$8,724194 (37%)$6,45932 (6%)$15,091
2017-18204 (39%)$8,106198 (38%)$6,19529 (6%)$14,726
2018-19149 (35%)$7,190145 (34%)$6,26912 (3%)$13,522
2019-20154 (36%)$8,406146 (34%)$6,18824 (6%)$16,291
2020-21150 (28%)$7,933140 (27%)$5,90520 (4%)$18,168
2021-22164 (32%)$7,775154 (30%)$5,92526 (5%)$13,947
Average166 (41.36%)$8,036160 (40.00%)$6,45021 (5.09%)$14,319
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