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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at HVAC Technical Institute since 2014.
For that period, the average number of students who received grants aid/scholarships is 86, which is 33.50 % of all undergraduate students. 83 students which is 31.75% of undergraduate students received federal student loans and the average loan amount is $4,967.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1522 (13%)$3,64416 (9%)$7816 (3%)$6,865
2015-1680 (40%)$2,77280 (40%)$2,77271 (36%)$5,242
2016-1763 (25%)$2,40863 (25%)$2,40861 (24%)$4,504
2017-1875 (28%)$2,38775 (28%)$2,38774 (28%)$3,989
2018-19116 (44%)$3,521116 (44%)$3,521120 (46%)$5,572
2019-2076 (29%)$3,61376 (29%)$3,61372 (27%)$5,281
2020-21127 (45%)$2,826127 (45%)$2,826133 (48%)$4,316
2021-22131 (44%)$2,644131 (44%)$2,644125 (42%)$3,969
Average86 (33.50%)$2,97786 (33.00%)$2,61983 (31.75%)$4,967

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

OverviewGrants/ScholarshipStudent Loans
For the last 9 years, on average, 31 (63.13 % of students) received grants or scholarships and its average amount is $2,955. It can cover 19.70% of tuition & fees ($15,000).
In addition, 37 (72.50 % of students) students get helped from the students loans (average amount : $7,841).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1522 (40%)$2,33255 (100%)$10,534
2015-1626 (87%)$2,33315 (50%)$4,869
2016-1719 (63%)$2,27017 (57%)$10,294
2017-1824 (40%)$2,49858 (97%)$9,769
2018-1931 (62%)$3,72441 (82%)$13,272
2019-2040 (80%)$3,85739 (78%)$5,432
2020-2135 (69%)$3,33432 (63%)$4,326
2021-2249 (64%)$3,29440 (53%)$4,235
Average31 (63.13%)$2,95537 (72.50%)$7,841
*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 9 years, on average, 30 (61.75 % of students) received Pell (federal) grants and its average amount is $2,761.
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
2014-1516 (29%)$7816 (11%)$4,783--8 (15%)$1,265
2015-1626 (87%)$2,333------
2016-1719 (63%)$2,270------
2017-1824 (40%)$2,498------
2018-1931 (62%)$3,724------
2019-2040 (80%)$3,857------
2020-2135 (69%)$3,334------
2021-2249 (64%)$3,294------
Average30 (61.75%)$2,7616 (11.00%)$4,783--8 (15.00%)$1,265
*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 9 years, on average, 37 (72.50 % of students) get any students loan help and its average loan amount is $37.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1555 (100%)$10,5346 (11%)$6,86555 (100%)$9,785
2015-1615 (50%)$4,86915 (50%)$4,869--
2016-1717 (57%)$10,29417 (57%)$4,17717 (57%)$6,117
2017-1858 (97%)$9,76924 (40%)$4,31358 (97%)$7,985
2018-1941 (82%)$13,27241 (82%)$4,30841 (82%)$8,963
2019-2039 (78%)$5,43239 (78%)$5,432--
2020-2132 (63%)$4,32632 (63%)$4,326--
2021-2240 (53%)$4,23540 (53%)$4,235--
Average37 (72.50%)$7,84127 (54.25%)$4,81643 (84.00%)$8,213

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