How Somerset County Technology Center'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 Somerset County Technology Center since 2011.

For that period, the average number of students who received grants aid/scholarships is 62, which is 71.09 % of all undergraduate students. 50 students which is 56.55% of undergraduate students received federal student loans and the average loan amount is $8,587.

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	61 (100%)	$4,703	32 (52%)	$4,746	32 (52%)	$6,772
2012-13	43 (54%)	$4,514	43 (54%)	$4,514	54 (68%)	$9,460
2013-14	94 (89%)	$6,478	55 (52%)	$4,246	40 (38%)	$8,483
2014-15	84 (72%)	$4,817	61 (53%)	$3,356	35 (30%)	$9,410
2015-16	48 (52%)	$4,363	48 (52%)	$4,363	41 (45%)	$11,886
2016-17	55 (58%)	$3,968	55 (58%)	$3,968	42 (44%)	$10,822
2017-18	49 (53%)	$4,013	49 (53%)	$4,013	56 (61%)	$9,624
2018-19	53 (55%)	$5,137	53 (55%)	$5,137	97 (100%)	$5,827
2019-20	81 (89%)	$5,057	75 (82%)	$3,066	89 (98%)	$4,425
2020-21	43 (60%)	$7,115	43 (60%)	$4,789	37 (51%)	$8,730
2021-22	72 (100%)	$4,621	34 (47%)	$3,575	25 (35%)	$9,017
Average	62 (71.09%)	$4,981	50 (56.18%)	$4,161	50 (56.55%)	$8,587

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

Overview

For the last 12 years, on average, 33 (82.55 % of students) received grants or scholarships and its average amount is $5,610. It can cover 34.00% of tuition & fees ($16,500) based on out-of-state rate.

In addition, 28 (78.18 % of students) students get helped from the students loans (average amount : $8,329).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	25 (52%)	$5,348	32 (67%)	$6,727
2012-13	40 (74%)	$4,761	43 (80%)	$10,512
2013-14	90 (100%)	$6,261	40 (44%)	$6,933
2014-15	44 (68%)	$3,213	24 (37%)	$8,324
2015-16	25 (68%)	$3,776	24 (65%)	$9,953
2016-17	29 (100%)	$4,500	29 (100%)	$10,194
2017-18	20 (67%)	$5,095	30 (100%)	$9,440
2018-19	22 (79%)	$5,081	28 (100%)	$8,014
2019-20	26 (100%)	$6,544	26 (100%)	$7,731
2020-21	16 (100%)	$10,005	16 (100%)	$8,381
2021-22	24 (100%)	$7,123	16 (67%)	$5,407
Average	33 (82.55%)	$5,610	28 (78.18%)	$8,329

^*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, 26 (68.82 % of students) received Pell (federal) grants and its average amount is $4,653.

In addition, 4 students received State/local government grants/scholarships (16.14 % 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	24 (50%)	$5,321	-	-	1 (2%)	$6,000	-	-
2012-13	40 (74%)	$4,311	-	-	3 (6%)	$6,000	-	-
2013-14	46 (51%)	$3,829	44 (49%)	$8,531	2 (2%)	$6,000	-	-
2014-15	35 (54%)	$3,321	8 (12%)	$2,581	1 (2%)	$4,500	-	-
2015-16	25 (68%)	$3,776	-	-	-	-	-	-
2016-17	29 (100%)	$4,500	-	-	-	-	-	-
2017-18	20 (67%)	$5,095	-	-	-	-	-	-
2018-19	22 (79%)	$5,081	-	-	-	-	-	-
2019-20	21 (81%)	$6,053	9 (35%)	$2,722	3 (12%)	$6,183	-	-
2020-21	16 (100%)	$4,183	15 (94%)	$2,500	9 (56%)	$6,183	-	-
2021-22	8 (33%)	$5,716	24 (100%)	$3,343	8 (33%)	$5,625	-	-
Average	26 (68.82%)	$4,653	20 (58.00%)	$3,935	4 (16.14%)	$5,784	-	-

^*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 12 years, on average, 28 (78.18 % of students) get any students loan help and its average loan amount is $28.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	32 (67%)	$6,727	32 (67%)	$6,727	-	-
2012-13	43 (80%)	$10,512	43 (80%)	$10,512	-	-
2013-14	40 (44%)	$6,933	39 (43%)	$6,996	1 (1%)	$4,500
2014-15	24 (37%)	$8,324	24 (37%)	$8,324	-	-
2015-16	24 (65%)	$9,953	24 (65%)	$9,953	-	-
2016-17	29 (100%)	$10,194	29 (100%)	$10,194	-	-
2017-18	30 (100%)	$9,440	30 (100%)	$8,500	5 (17%)	$5,638
2018-19	28 (100%)	$8,014	28 (100%)	$7,577	2 (7%)	$6,115
2019-20	26 (100%)	$7,731	26 (100%)	$7,500	1 (4%)	$6,000
2020-21	16 (100%)	$8,381	16 (100%)	$8,000	1 (6%)	$6,100
2021-22	16 (67%)	$5,407	16 (67%)	$5,032	1 (4%)	$6,011
Average	28 (78.18%)	$8,329	28 (78.09%)	$8,120	2 (6.50%)	$5,727

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Scholarships, Grants, and Loan Trends at Somerset County Technology Center

All Undergraduate Students Financial Aid Over Time

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