Scholarships, Grants, and Loan Trends at Highlands College of Montana Tech

30%

Received Percent Changed

-$2,741

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 462, which is 63.67 % of all undergraduate students. 219 students which is 28.89% of undergraduate students received federal student loans and the average loan amount is $5,454.

For full-time, first-time beginning students (freshmen), 67.33% of students received grants or scholarships and 53% 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 Highlands College of Montana Tech since 2014.

For that period, the average number of students who received grants aid/scholarships is 462, which is 63.67 % of all undergraduate students. 219 students which is 28.89% of undergraduate students received federal student loans and the average loan amount is $5,454.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15390 (45%)$5,309316 (37%)$4,656350 (41%)$5,927
2015-16368 (43%)$5,176287 (34%)$4,660324 (38%)$5,743
2016-17304 (39%)$5,075242 (31%)$4,515261 (34%)$5,707
2017-18302 (39%)$4,620206 (27%)$4,706235 (31%)$6,036
2018-19570 (77%)$2,496169 (23%)$4,472192 (26%)$5,428
2019-20551 (78%)$2,362144 (20%)$4,326191 (27%)$4,970
2020-21585 (86%)$2,046126 (19%)$4,307156 (23%)$5,096
2021-22597 (91%)$2,259106 (16%)$4,181127 (19%)$4,974
2022-23489 (75%)$2,568102 (16%)$4,275137 (21%)$5,206
Average462 (63.67%)$3,546189 (24.78%)$4,455219 (28.89%)$5,454
*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, 88 (67.33 % of students) received grants or scholarships and its average amount is $4,507. It can cover 41.17% of tuition & fees ($10,948) based on out-of-state rate.

In addition, 70 (52.67 % of students) students get helped from the students loans (average amount : $5,101).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15107 (68%)$5,66393 (59%)$5,190
2015-1678 (58%)$4,95880 (60%)$5,023
2016-1787 (62%)$4,81474 (52%)$5,219
2017-1891 (64%)$4,08272 (50%)$4,654
2018-1971 (53%)$5,14270 (52%)$5,430
2019-2082 (64%)$3,77973 (57%)$4,492
2020-21105 (80%)$3,71966 (50%)$4,822
2021-22103 (100%)$3,18544 (43%)$5,134
2022-2368 (57%)$5,22461 (51%)$5,947
Average88 (67.33%)$4,50770 (52.67%)$5,101
*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, 58 (42.89 % of students) received Pell (federal) grants and its average amount is $4,551.

In addition, 14 students received State/local government grants/scholarships (10.89 % 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
2014-1588 (56%)$4,9888 (5%)$1,00027 (17%)$2,28332 (20%)$3,042
2015-1663 (47%)$4,7027 (5%)$92925 (19%)$2,37521 (16%)$1,173
2016-1773 (52%)$4,6856 (4%)$45813 (9%)$3,64018 (13%)$1,488
2017-1863 (44%)$4,64820 (14%)$4744 (3%)$3,12639 (27%)$1,454
2018-1956 (42%)$4,59022 (16%)$5005 (4%)$4,64824 (18%)$3,074
2019-2053 (41%)$4,04237 (29%)$6949 (7%)$2,01341 (32%)$1,265
2020-2147 (36%)$4,70791 (69%)$95816 (12%)$88647 (36%)$1,446
2021-2231 (30%)$4,110103 (100%)$1,2418 (8%)$1,27024 (23%)$2,609
2022-2345 (38%)$4,48823 (19%)$55123 (19%)$4,56520 (17%)$1,779
Average58 (42.89%)$4,55135 (29.00%)$75614 (10.89%)$2,75630 (22.44%)$1,926
*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, 70 (52.67 % of students) get any students loan help and its average loan amount is $70.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1593 (59%)$5,19092 (58%)$5,1142 (1%)$6,050
2015-1680 (60%)$5,02379 (59%)$4,6593 (2%)$11,270
2016-1774 (52%)$5,21973 (52%)$4,9652 (1%)$11,895
2017-1872 (50%)$4,65472 (50%)$4,654--
2018-1970 (52%)$5,43065 (49%)$4,6798 (6%)$9,500
2019-2073 (57%)$4,49273 (57%)$4,3602 (2%)$4,841
2020-2166 (50%)$4,82263 (48%)$4,4923 (2%)$11,747
2021-2244 (43%)$5,13444 (43%)$4,4514 (4%)$7,512
2022-2361 (51%)$5,94759 (50%)$4,39310 (8%)$10,359
Average70 (52.67%)$5,10169 (51.78%)$4,6414 (3.25%)$9,147

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