Over the past 6 years (2019-2023), the average number of students who received grants aid/scholarships is 845, which is 74.80 % of all undergraduate students. 768 students which is 70.80% of undergraduate students received federal student loans and the average loan amount is $6,493.
For full-time, first-time beginning students (freshmen), 77.60% of students received grants or scholarships and 86% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Universal Technical Institute-Bloomfield since 2018.
For that period, the average number of students who received grants aid/scholarships is 845, which is 74.80 % of all undergraduate students. 768 students which is 70.80% of undergraduate students received federal student loans and the average loan amount is $6,493.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 343 (74%) | $4,943 | 330 (71%) | $4,684 | 405 (87%) | $6,491 |
| 2019-20 | 727 (72%) | $4,565 | 594 (59%) | $4,416 | 717 (71%) | $6,579 |
| 2020-21 | 1,040 (79%) | $3,845 | 638 (49%) | $4,312 | 839 (64%) | $6,447 |
| 2021-22 | 1,084 (77%) | $4,317 | 731 (52%) | $4,565 | 927 (66%) | $6,580 |
| 2022-23 | 1,031 (72%) | $4,377 | 757 (53%) | $4,843 | 950 (66%) | $6,368 |
| Average | 845 (74.80%) | $4,409 | 610 (56.80%) | $4,564 | 768 (70.80%) | $6,493 |
For the last 6 years, on average, 373 (77.60 % of students) received grants or scholarships and its average amount is $5,440. It can cover 12.74% of tuition & fees ($42,700).
In addition, 410 (85.80 % of students) students get helped from the students loans (average amount : $7,995).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 229 (72%) | $5,066 | 278 (87%) | $7,743 |
| 2019-20 | 419 (87%) | $5,108 | 422 (88%) | $8,299 |
| 2020-21 | 386 (77%) | $5,264 | 433 (87%) | $7,878 |
| 2021-22 | 403 (77%) | $6,007 | 432 (82%) | $8,207 |
| 2022-23 | 429 (75%) | $5,757 | 487 (85%) | $7,849 |
| Average | 373 (77.60%) | $5,440 | 410 (85.80%) | $7,995 |
The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 334 (69.60 % of students) received Pell (federal) grants and its average amount is $4,917.
In addition, 1 students received State/local government grants/scholarships (0.00 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 221 (69%) | $4,788 | 46 (14%) | $976 | - | - | 25 (8%) | $2,281 |
| 2019-20 | 354 (74%) | $4,684 | 299 (62%) | $943 | - | - | 63 (13%) | $3,179 |
| 2020-21 | 341 (68%) | $4,533 | 247 (49%) | $1,036 | 1 (0%) | $1,690 | 97 (19%) | $2,358 |
| 2021-22 | 362 (69%) | $5,102 | 297 (57%) | $1,257 | - | - | 82 (16%) | $2,446 |
| 2022-23 | 390 (68%) | $5,476 | 71 (12%) | $1,188 | - | - | 93 (16%) | $2,687 |
| Average | 334 (69.60%) | $4,917 | 192 (38.80%) | $1,080 | 1 (0.00%) | $1,690 | 72 (14.40%) | $2,590 |
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 6 years, on average, 410 (85.80 % of students) get any students loan help and its average loan amount is $410.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 278 (87%) | $7,743 | 274 (86%) | $6,286 | 69 (22%) | $6,236 |
| 2019-20 | 422 (88%) | $8,299 | 420 (87%) | $6,405 | 118 (25%) | $6,881 |
| 2020-21 | 433 (87%) | $7,878 | 430 (86%) | $5,949 | 128 (26%) | $6,665 |
| 2021-22 | 432 (82%) | $8,207 | 431 (82%) | $6,443 | 108 (21%) | $7,117 |
| 2022-23 | 487 (85%) | $7,849 | 484 (85%) | $6,248 | 101 (18%) | $7,905 |
| Average | 410 (85.80%) | $7,995 | 408 (85.20%) | $6,266 | 105 (22.40%) | $6,961 |
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