Scholarships, Grants, and Loan Trends at OIT

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 2,073, which is 44.36 % of all undergraduate students. 1,719 students which is 37.27% of undergraduate students received federal student loans and the average loan amount is $7,786.
For full-time, first-time beginning students (freshmen), 77.91% of students received grants or scholarships and 53% 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 Oregon Institute of Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,073, which is 44.36 % of all undergraduate students. 1,719 students which is 37.27% of undergraduate students received federal student loans and the average loan amount is $7,786.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,775 (46%)$5,6651,343 (35%)$4,2341,904 (49%)$8,044
2012-131,967 (50%)$5,8701,434 (36%)$4,5432,007 (51%)$8,018
2013-141,988 (46%)$5,7431,422 (33%)$4,2661,949 (45%)$8,266
2014-151,987 (47%)$6,0021,351 (32%)$4,3301,884 (45%)$7,794
2015-162,021 (43%)$6,2301,321 (28%)$4,2411,838 (39%)$7,688
2016-172,047 (40%)$6,3741,291 (25%)$4,2721,776 (35%)$7,843
2017-182,028 (38%)$6,7991,296 (24%)$4,4721,730 (32%)$7,842
2018-191,683 (32%)$7,5681,016 (20%)$4,7621,359 (26%)$7,647
2019-202,184 (42%)$7,1891,209 (23%)$4,7101,594 (31%)$7,526
2020-212,267 (44%)$7,9181,196 (23%)$4,7911,529 (29%)$7,621
2021-222,855 (60%)$6,8261,012 (21%)$4,8131,337 (28%)$7,358
Average2,073 (44.36%)$6,5621,263 (27.27%)$4,4941,719 (37.27%)$7,786

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

For the last 12 years, on average, 278 (77.91 % of students) received grants or scholarships and its average amount is $6,272. It can cover 17.62% of tuition & fees ($35,592) based on out-of-state rate.
In addition, 184 (52.55 % of students) students get helped from the students loans (average amount : $6,259).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12223 (70%)$5,371202 (64%)$5,742
2012-13271 (70%)$5,320241 (62%)$6,198
2013-14238 (70%)$5,679189 (55%)$6,175
2014-15238 (73%)$5,844196 (60%)$5,870
2015-16232 (72%)$5,739178 (55%)$6,388
2016-17255 (74%)$5,674177 (51%)$6,164
2017-18223 (74%)$6,119164 (54%)$6,011
2018-19233 (70%)$6,818138 (42%)$6,616
2019-20341 (90%)$6,850183 (48%)$7,037
2020-21397 (94%)$7,281187 (44%)$6,245
2021-22403 (100%)$8,302174 (43%)$6,402
Average278 (77.91%)$6,272184 (52.55%)$6,259
*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, 123 (34.82 % of students) received Pell (federal) grants and its average amount is $4,379.
In addition, 87 students received State/local government grants/scholarships (24.55 % 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
2011-12131 (41%)$4,10663 (20%)$37098 (31%)$1,768199 (63%)$2,327
2012-13154 (40%)$4,17855 (14%)$509112 (29%)$1,760237 (61%)$2,418
2013-14126 (37%)$4,17741 (12%)$30282 (24%)$1,915215 (63%)$3,051
2014-15129 (39%)$4,43148 (15%)$480108 (33%)$1,935185 (56%)$3,175
2015-16124 (38%)$4,03347 (15%)$35694 (29%)$1,992196 (60%)$3,201
2016-17118 (34%)$4,33449 (14%)$48474 (21%)$2,128204 (59%)$3,698
2017-1896 (32%)$4,30526 (9%)$50855 (18%)$2,066198 (65%)$4,163
2018-1991 (27%)$4,31026 (8%)$50356 (17%)$3,210218 (66%)$4,603
2019-20142 (37%)$4,59165 (17%)$77791 (24%)$3,031327 (86%)$4,151
2020-21127 (30%)$4,895100 (24%)$1,75291 (21%)$3,345384 (91%)$4,660
2021-22114 (28%)$4,809402 (100%)$1,11592 (23%)$3,496358 (89%)$5,663
Average123 (34.82%)$4,37984 (22.55%)$65187 (24.55%)$2,422247 (69.00%)$3,737
*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, 184 (52.55 % of students) get any students loan help and its average loan amount is $184.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12202 (64%)$5,742199 (63%)$5,21234 (11%)$3,614
2012-13241 (62%)$6,198238 (61%)$5,53320 (5%)$8,836
2013-14189 (55%)$6,175189 (55%)$5,62513 (4%)$7,999
2014-15196 (60%)$5,870194 (59%)$5,5258 (2%)$9,824
2015-16178 (55%)$6,388172 (53%)$5,37226 (8%)$8,192
2016-17177 (51%)$6,164174 (50%)$5,41420 (6%)$7,448
2017-18164 (54%)$6,011162 (53%)$5,22923 (8%)$6,030
2018-19138 (42%)$6,616135 (41%)$4,99916 (5%)$14,879
2019-20183 (48%)$7,037175 (46%)$5,17028 (7%)$13,681
2020-21187 (44%)$6,245180 (42%)$5,24719 (4%)$11,759
2021-22174 (43%)$6,402170 (42%)$5,20422 (5%)$10,422
Average184 (52.55%)$6,259181 (51.36%)$5,32121 (5.91%)$9,335
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