How ITI's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at InterAmerican Technical Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 103, which is 86.13 % of all undergraduate students. 61 students which is 45.43% of undergraduate students received federal student loans and the average loan amount is $6,045.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	35 (61%)	$5,174	35 (61%)	$2,388	13 (23%)	$7,500
2015-16	68 (100%)	$3,630	68 (100%)	$3,630	-	-
2016-17	122 (99%)	$4,748	122 (99%)	$4,748	24 (20%)	$2,768
2017-18	134 (98%)	$5,050	134 (98%)	$4,516	27 (20%)	$2,648
2018-19	114 (91%)	$4,679	114 (91%)	$4,679	25 (20%)	$8,870
2019-20	81 (94%)	$5,255	81 (94%)	$5,255	85 (99%)	$5,718
2020-21	123 (64%)	$4,899	123 (64%)	$4,899	111 (58%)	$8,562
2021-22	150 (82%)	$4,390	150 (82%)	$4,390	143 (78%)	$6,251
Average	103 (86.13%)	$4,728	103 (86.13%)	$4,313	61 (45.43%)	$6,045

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

Overview

For the last 9 years, on average, 84 (93.38 % of students) received grants or scholarships and its average amount is $4,205. It can cover 44.98% of tuition & fees ($9,350).

In addition, 52 (50.43 % of students) students get helped from the students loans (average amount : $5,906).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	35 (73%)	$2,388	13 (27%)	$7,500
2015-16	55 (100%)	$3,564	-	-
2016-17	110 (99%)	$4,837	24 (22%)	$2,768
2017-18	59 (100%)	$4,012	4 (7%)	$1,767
2018-19	114 (100%)	$4,679	25 (22%)	$8,870
2019-20	81 (94%)	$5,255	85 (99%)	$5,718
2020-21	72 (81%)	$4,546	72 (81%)	$8,445
2021-22	148 (100%)	$4,362	141 (95%)	$6,273
Average	84 (93.38%)	$4,205	52 (50.43%)	$5,906

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 9 years, on average, 84 (93.38 % of students) received Pell (federal) grants and its average amount is $4,205.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	35 (73%)	$2,388	-	-	-	-	-	-
2015-16	55 (100%)	$3,564	-	-	-	-	-	-
2016-17	110 (99%)	$4,837	-	-	-	-	-	-
2017-18	59 (100%)	$4,012	-	-	-	-	-	-
2018-19	114 (100%)	$4,679	-	-	-	-	-	-
2019-20	81 (94%)	$5,255	-	-	-	-	-	-
2020-21	72 (81%)	$4,546	-	-	-	-	-	-
2021-22	148 (100%)	$4,362	-	-	-	-	-	-
Average	84 (93.38%)	$4,205	-	-	-	-	-	-

^*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..

Student Loans

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 9 years, on average, 52 (50.43 % of students) get any students loan help and its average loan amount is $52.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	13 (27%)	$7,500	13 (27%)	$7,500	-	-
2015-16	-	-	-	-	-	-
2016-17	24 (22%)	$2,768	24 (22%)	$2,768	-	-
2017-18	4 (7%)	$1,767	4 (7%)	$1,767	-	-
2018-19	25 (22%)	$8,870	25 (22%)	$8,870	-	-
2019-20	85 (99%)	$5,718	85 (99%)	$5,718	-	-
2020-21	72 (81%)	$8,445	72 (81%)	$8,445	-	-
2021-22	141 (95%)	$6,273	141 (95%)	$6,273	-	-
Average	52 (50.43%)	$5,906	52 (50.43%)	$5,906	-	-

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Scholarships, Grants, and Loan Trends at ITI

All Undergraduate Students Financial Aid Over Time

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