Scholarships, Grants, and Loan Trends at MTC

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 490, which is 69.27 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 71.64% of students received grants or scholarships and 0% of students received student loans.

School Home 2023 Financial Aid

There are multiple same-named institutes of Marion Technical College. This page describes a school located in Ocala, FL. You may want to view a school located in another city and/or state on the Marion Technical College locations page.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Marion Technical College since 2011.

For that period, the average number of students who received grants aid/scholarships is 490, which is 69.27 % of all undergraduate students.

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
2011-12	645 (85%)	$2,307	316 (42%)	$3,895	-	-
2012-13	430 (63%)	$3,522	318 (46%)	$3,540	-	-
2013-14	535 (70%)	$2,988	355 (47%)	$3,564	-	-
2014-15	452 (65%)	$3,546	326 (47%)	$3,813	-	-
2015-16	448 (72%)	$3,786	292 (47%)	$3,866	-	-
2016-17	480 (70%)	$3,644	303 (44%)	$4,752	-	-
2017-18	529 (69%)	$4,913	298 (39%)	$6,669	-	-
2018-19	611 (78%)	$4,266	331 (42%)	$5,048	-	-
2019-20	568 (85%)	$5,321	302 (45%)	$7,300	-	-
2020-21	475 (75%)	$3,494	216 (34%)	$4,957	-	-
2021-22	214 (30%)	$11,724	173 (24%)	$6,492	-	-
Average	490 (69.27%)	$4,501	294 (41.55%)	$4,900	-	-

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

Overview

For the last 12 years, on average, 224 (71.64 % of students) received grants or scholarships and its average amount is $3,887. It can cover 59.85% of tuition & fees ($6,495) based on out-of-state rate.

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	491 (79%)	$1,232	-	-
2012-13	165 (60%)	$3,688	-	-
2013-14	167 (55%)	$2,304	-	-
2014-15	169 (53%)	$2,909	-	-
2015-16	272 (71%)	$2,640	-	-
2016-17	239 (74%)	$3,738	-	-
2017-18	210 (67%)	$5,277	-	-
2018-19	229 (85%)	$5,219	-	-
2019-20	180 (86%)	$8,137	-	-
2020-21	152 (77%)	$3,948	-	-
2021-22	190 (81%)	$3,669	-	-
Average	224 (71.64%)	$3,887	-	-

^*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 12 years, on average, 121 (41.00 % of students) received Pell (federal) grants and its average amount is $4,517.

In addition, 121 students received State/local government grants/scholarships (38.64 % of students).

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
2011-12	128 (21%)	$3,880	22 (4%)	$341	301 (48%)	$140	140 (22%)	$419
2012-13	89 (32%)	$2,892	4 (1%)	$375	43 (16%)	$7,621	29 (11%)	$755
2013-14	85 (28%)	$3,555	7 (2%)	$464	75 (25%)	$767	59 (20%)	$371
2014-15	111 (35%)	$3,496	17 (5%)	$321	62 (19%)	$951	61 (19%)	$641
2015-16	163 (43%)	$3,621	26 (7%)	$349	109 (29%)	$654	95 (25%)	$502
2016-17	177 (54%)	$3,850	40 (12%)	$352	115 (35%)	$995	97 (30%)	$859
2017-18	118 (38%)	$7,002	24 (8%)	$358	165 (53%)	$1,032	83 (27%)	$1,241
2018-19	128 (48%)	$6,720	35 (13%)	$300	170 (63%)	$1,256	82 (31%)	$1,354
2019-20	102 (49%)	$7,277	62 (30%)	$8,984	103 (49%)	$1,324	55 (26%)	$528
2020-21	77 (39%)	$5,042	27 (14%)	$666	115 (58%)	$1,324	53 (27%)	$784
2021-22	151 (64%)	$2,350	126 (53%)	$1,703	71 (30%)	$1,415	48 (20%)	$570
Average	121 (41.00%)	$4,517	35 (13.55%)	$1,292	121 (38.64%)	$1,589	73 (23.45%)	$729

^*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..

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