Scholarships, Grants, and Loan Trends at PTI

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 897, which is 72.22 % of all undergraduate students. 967 students which is 78.11% of undergraduate students received federal student loans and the average loan amount is $5,793.

For full-time, first-time beginning students (freshmen), 79.33% of students received grants or scholarships and 91% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Perry Technical Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 897, which is 72.22 % of all undergraduate students. 967 students which is 78.11% of undergraduate students received federal student loans and the average loan amount is $5,793.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15828 (72%)$6,453677 (59%)$3,773930 (81%)$6,541
2015-16877 (73%)$6,098706 (58%)$3,506992 (82%)$6,040
2016-17867 (71%)$6,662697 (57%)$3,681975 (80%)$6,051
2017-18810 (66%)$7,460718 (58%)$4,387980 (80%)$5,894
2018-19845 (65%)$7,731752 (58%)$4,5901,025 (79%)$6,115
2019-20765 (61%)$9,446672 (53%)$4,709979 (78%)$6,008
2020-21882 (70%)$8,003612 (48%)$4,613944 (75%)$5,292
2021-221,159 (93%)$8,087597 (48%)$4,540916 (74%)$5,146
2022-231,036 (79%)$10,930645 (49%)$4,988966 (74%)$5,051
Average897 (72.22%)$7,874675 (54.22%)$4,310967 (78.11%)$5,793
*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, 325 (79.33 % of students) received grants or scholarships and its average amount is $6,100. It can cover 11.79% of tuition & fees ($51,756).

In addition, 371 (90.56 % of students) students get helped from the students loans (average amount : $5,978).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15266 (78%)$5,037317 (93%)$5,901
2015-16314 (75%)$4,401374 (90%)$5,629
2016-17337 (77%)$4,445390 (89%)$6,348
2017-18268 (69%)$5,969360 (92%)$5,614
2018-19316 (75%)$7,222392 (92%)$6,938
2019-20349 (93%)$6,880345 (92%)$6,790
2020-21326 (79%)$5,407354 (86%)$5,465
2021-22327 (84%)$7,660362 (93%)$5,434
2022-23424 (84%)$7,875445 (88%)$5,685
Average325 (79.33%)$6,100371 (90.56%)$5,978
*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, 265 (64.67 % of students) received Pell (federal) grants and its average amount is $3,987.

In addition, 220 students received State/local government grants/scholarships (52.78 % 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
2014-15222 (65%)$3,57922 (6%)$352158 (46%)$2,88368 (20%)$1,206
2015-16258 (62%)$3,10826 (6%)$525151 (36%)$3,18580 (19%)$1,068
2016-17270 (62%)$3,46232 (7%)$331171 (39%)$3,231--
2017-18258 (66%)$4,01526 (7%)$347167 (43%)$3,322--
2018-19294 (69%)$4,53479 (19%)$368190 (45%)$4,843--
2019-20272 (72%)$3,853301 (80%)$1,674175 (46%)$4,852--
2020-21248 (60%)$4,275151 (37%)$359226 (55%)$2,868--
2021-22251 (64%)$4,380157 (40%)$290317 (81%)$4,290--
2022-23314 (62%)$4,680157 (31%)$289421 (84%)$4,332--
Average265 (64.67%)$3,987106 (25.89%)$504220 (52.78%)$3,75674 (19.50%)$1,137
*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, 371 (90.56 % of students) get any students loan help and its average loan amount is $371.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15317 (93%)$5,901315 (93%)$5,13938 (11%)$6,624
2015-16374 (90%)$5,629371 (89%)$4,52557 (14%)$7,481
2016-17390 (89%)$6,348389 (89%)$4,90875 (17%)$7,555
2017-18360 (92%)$5,614356 (91%)$4,42066 (17%)$6,783
2018-19392 (92%)$6,938390 (92%)$5,18985 (20%)$8,186
2019-20345 (92%)$6,790336 (89%)$5,00583 (22%)$7,964
2020-21354 (86%)$5,465350 (85%)$4,22451 (12%)$8,949
2021-22362 (93%)$5,434358 (92%)$4,11449 (13%)$10,089
2022-23445 (88%)$5,685434 (86%)$4,20068 (14%)$10,397
Average371 (90.56%)$5,978367 (89.56%)$4,63664 (15.56%)$8,225

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