Scholarships, Grants, and Loan Trends at Divers Institute of Technology

-9%

Received Percent Changed

$558

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 213, which is 47.89 % of all undergraduate students. 211 students which is 47.44% of undergraduate students received federal student loans and the average loan amount is $7,162.

For full-time, first-time beginning students (freshmen), 47.22% of students received grants or scholarships and 50% 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 Divers Institute of Technology since 2014.

For that period, the average number of students who received grants aid/scholarships is 213, which is 47.89 % of all undergraduate students. 211 students which is 47.44% of undergraduate students received federal student loans and the average loan amount is $7,162.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15238 (54%)$4,129211 (48%)$3,734224 (51%)$7,638
2015-16230 (50%)$3,901209 (45%)$3,309244 (53%)$6,863
2016-17208 (44%)$4,091182 (39%)$3,463259 (55%)$7,508
2017-18227 (49%)$4,026208 (45%)$3,400238 (52%)$7,621
2018-19214 (50%)$4,321202 (48%)$3,629196 (46%)$7,195
2019-20193 (48%)$4,261179 (44%)$3,472181 (45%)$7,119
2020-21197 (46%)$3,947156 (36%)$3,564181 (42%)$7,122
2021-22207 (45%)$4,767165 (36%)$4,096197 (43%)$6,613
2022-23204 (45%)$4,687169 (37%)$3,892180 (40%)$6,781
Average213 (47.89%)$4,237187 (42.00%)$3,618211 (47.44%)$7,162
*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, 143 (47.22 % of students) received grants or scholarships and its average amount is $4,085. It can cover 14.86% of tuition & fees ($27,500).

In addition, 153 (50.44 % of students) students get helped from the students loans (average amount : $13,822).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15167 (57%)$3,859149 (51%)$10,380
2015-16164 (53%)$3,696182 (59%)$10,619
2016-17130 (42%)$3,808174 (56%)$13,493
2017-18152 (48%)$4,077173 (55%)$14,755
2018-19158 (52%)$4,334164 (54%)$14,430
2019-20134 (45%)$4,077139 (47%)$13,420
2020-21123 (46%)$3,982129 (48%)$16,296
2021-22137 (40%)$4,482151 (45%)$15,575
2022-23124 (42%)$4,454114 (39%)$15,434
Average143 (47.22%)$4,085153 (50.44%)$13,822
*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, 129 (42.67 % of students) received Pell (federal) grants and its average amount is $3,583.

In addition, 29 students received State/local government grants/scholarships (9.67 % 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
2014-15150 (51%)$3,63155 (19%)$50030 (10%)$2,2405 (2%)$1,000
2015-16154 (50%)$3,17768 (22%)$48725 (8%)$2,9309 (3%)$1,167
2016-17115 (37%)$3,31755 (18%)$62226 (8%)$2,8216 (2%)$1,000
2017-18142 (45%)$3,52864 (20%)$49928 (9%)$2,9973 (1%)$1,000
2018-19156 (51%)$3,64079 (26%)$50018 (6%)$4,0824 (1%)$1,000
2019-20125 (42%)$3,41662 (21%)$50020 (7%)$4,0717 (2%)$1,000
2020-21104 (39%)$3,51857 (21%)$49839 (14%)$2,2956 (2%)$1,000
2021-22110 (32%)$4,19062 (18%)$49346 (14%)$2,4898 (2%)$1,000
2022-23108 (37%)$3,82848 (16%)$70031 (11%)$3,2046 (2%)$1,000
Average129 (42.67%)$3,58361 (20.11%)$53329 (9.67%)$3,0146 (1.89%)$1,019
*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, 153 (50.44 % of students) get any students loan help and its average loan amount is $153.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15149 (51%)$10,380143 (48%)$7,35333 (11%)$15,005
2015-16182 (59%)$10,619178 (58%)$6,77438 (12%)$19,129
2016-17174 (56%)$13,493169 (54%)$7,37052 (17%)$21,196
2017-18173 (55%)$14,755169 (53%)$7,56655 (17%)$23,162
2018-19164 (54%)$14,430153 (50%)$7,16260 (20%)$21,179
2019-20139 (47%)$13,420131 (44%)$6,84645 (15%)$21,525
2020-21129 (48%)$16,296123 (46%)$7,07948 (18%)$25,656
2021-22151 (45%)$15,575147 (43%)$6,49553 (16%)$26,358
2022-23114 (39%)$15,434107 (37%)$6,48639 (13%)$27,318
Average153 (50.44%)$13,822147 (48.11%)$7,01547 (15.44%)$22,281

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