Scholarships, Grants, and Loan Trends at Capitol Technology

12%

Received Percent Changed

$4,298

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 302, which is 78.44 % of all undergraduate students. 215 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $6,469.

For full-time, first-time beginning students (freshmen), 92.56% of students received grants or scholarships and 63% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Capitol Technology University since 2014.

For that period, the average number of students who received grants aid/scholarships is 302, which is 78.44 % of all undergraduate students. 215 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $6,469.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15294 (71%)$11,169143 (34%)$4,133231 (55%)$7,907
2015-16292 (70%)$12,269153 (37%)$4,423232 (56%)$7,928
2016-17328 (76%)$12,799161 (37%)$4,241236 (55%)$7,172
2017-18324 (75%)$13,491175 (41%)$4,145225 (52%)$6,878
2018-19359 (83%)$13,718157 (36%)$4,462230 (53%)$6,654
2019-20326 (90%)$14,470146 (40%)$4,639208 (58%)$6,484
2020-21299 (83%)$14,296134 (37%)$4,705200 (55%)$6,916
2021-22249 (75%)$15,285111 (34%)$4,554176 (53%)$7,079
2022-23248 (83%)$15,467105 (35%)$4,692197 (66%)$1,200
Average302 (78.44%)$13,663143 (36.78%)$4,444215 (55.89%)$6,469
*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, 61 (92.56 % of students) received grants or scholarships and its average amount is $15,294. It can cover 55.43% of tuition & fees ($27,592).

In addition, 42 (63.22 % of students) students get helped from the students loans (average amount : $8,456).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1552 (100%)$17,35034 (65%)$9,374
2015-1673 (89%)$13,80452 (63%)$8,000
2016-1797 (94%)$14,52867 (65%)$6,675
2017-1859 (98%)$14,40850 (83%)$7,023
2018-1970 (84%)$13,12953 (64%)$12,921
2019-2069 (93%)$15,88947 (64%)$6,362
2020-2155 (87%)$16,46234 (54%)$6,401
2021-2236 (90%)$14,33222 (55%)$6,274
2022-2340 (98%)$17,74523 (56%)$13,075
Average61 (92.56%)$15,29442 (63.22%)$8,456
*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, 28 (42.89 % of students) received Pell (federal) grants and its average amount is $4,630.

In addition, 19 students received State/local government grants/scholarships (29.67 % 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
2014-1522 (42%)$4,1189 (17%)$89119 (37%)$4,91752 (100%)$13,657
2015-1635 (43%)$5,07120 (24%)$1,07519 (23%)$4,81373 (89%)$9,825
2016-1748 (47%)$4,39726 (25%)$92327 (26%)$7,01994 (91%)$10,475
2017-1832 (53%)$3,94620 (33%)$70019 (32%)$7,63056 (93%)$10,086
2018-1927 (33%)$4,503--19 (23%)$5,97569 (83%)$9,912
2019-2033 (45%)$4,93614 (19%)$82128 (38%)$6,72167 (91%)$10,952
2020-2123 (37%)$4,8859 (14%)$1,66721 (33%)$7,14252 (83%)$12,078
2021-2216 (40%)$4,2539 (23%)$7789 (23%)$8,61733 (83%)$11,011
2022-2319 (46%)$5,56012 (29%)$1,00313 (32%)$11,85240 (98%)$10,952
Average28 (42.89%)$4,63015 (23.00%)$98219 (29.67%)$7,18760 (90.11%)$10,994
*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, 42 (63.22 % of students) get any students loan help and its average loan amount is $42.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1534 (65%)$9,37433 (63%)$6,5387 (13%)$14,707
2015-1652 (63%)$8,00049 (60%)$5,91310 (12%)$12,625
2016-1767 (65%)$6,67565 (63%)$5,6266 (6%)$13,580
2017-1850 (83%)$7,02341 (68%)$5,7639 (15%)$12,761
2018-1953 (64%)$12,92153 (64%)$11,8895 (6%)$10,940
2019-2047 (64%)$6,36246 (62%)$5,6963 (4%)$12,333
2020-2134 (54%)$6,40133 (52%)$5,2424 (6%)$11,161
2021-2222 (55%)$6,27420 (50%)$5,0412 (5%)$18,609
2022-2323 (56%)$13,07520 (49%)$11,3323 (7%)$24,697
Average42 (63.22%)$8,45640 (59.00%)$7,0045 (8.22%)$14,601

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