Scholarships, Grants, and Loan Trends at IYRS

18%

Received Percent Changed

$2,420

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 64, which is 59.11 % of all undergraduate students. 50 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $7,580.

For full-time, first-time beginning students (freshmen), 63.44% of students received grants or scholarships and 57% 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 IYRS School of Technology & Trades since 2014.

For that period, the average number of students who received grants aid/scholarships is 64, which is 59.11 % of all undergraduate students. 50 students which is 46.33% of undergraduate students received federal student loans and the average loan amount is $7,580.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1550 (39%)$5,60026 (20%)$4,17552 (41%)$6,308
2015-1670 (59%)$4,98146 (39%)$2,43651 (43%)$7,965
2016-1784 (67%)$3,33634 (27%)$4,69159 (47%)$8,285
2017-1863 (55%)$5,76324 (21%)$4,52356 (49%)$7,635
2018-1958 (66%)$6,99115 (17%)$4,98349 (56%)$7,495
2019-2075 (68%)$5,89217 (15%)$4,19552 (47%)$7,020
2020-2157 (58%)$6,85419 (19%)$4,45442 (43%)$7,650
2021-2259 (63%)$9,64923 (24%)$5,31539 (41%)$8,212
2022-2359 (57%)$8,02020 (19%)$5,49751 (50%)$7,652
Average64 (59.11%)$6,34325 (22.33%)$4,47450 (46.33%)$7,580
*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, 23 (63.44 % of students) received grants or scholarships and its average amount is $7,781. It can cover 30.14% of tuition & fees ($25,815).

In addition, 20 (56.56 % of students) students get helped from the students loans (average amount : $8,640).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1526 (43%)$6,13620 (33%)$10,224
2015-1626 (65%)$6,06626 (65%)$8,780
2016-1736 (73%)$6,10330 (61%)$8,253
2017-1826 (65%)$6,54427 (68%)$8,657
2018-1926 (84%)$7,61526 (84%)$8,904
2019-2023 (68%)$6,36218 (53%)$10,330
2020-2112 (44%)$7,09513 (48%)$8,011
2021-2213 (59%)$11,8478 (36%)$7,942
2022-2316 (70%)$12,26314 (61%)$6,662
Average23 (63.44%)$7,78120 (56.56%)$8,640
*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, 11 (31.33 % of students) received Pell (federal) grants and its average amount is $4,705.

In addition, 4 students received State/local government grants/scholarships (7.00 % 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
2014-1514 (23%)$4,757--4 (7%)$37514 (23%)$6,532
2015-1613 (33%)$4,134----23 (58%)$4,520
2016-1722 (45%)$4,501----29 (59%)$4,162
2017-1813 (33%)$4,261----25 (63%)$4,590
2018-199 (29%)$5,087----26 (84%)$5,854
2019-207 (21%)$4,638----23 (68%)$4,951
2020-216 (22%)$4,590----10 (37%)$5,760
2021-229 (41%)$4,581----13 (59%)$8,676
2022-238 (35%)$5,792----16 (70%)$9,367
Average11 (31.33%)$4,705--4 (7.00%)$37520 (57.89%)$6,046
*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, 20 (56.56 % of students) get any students loan help and its average loan amount is $20.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1520 (33%)$10,22415 (25%)$6,4995 (8%)$21,400
2015-1626 (65%)$8,78026 (65%)$7,7802 (5%)$13,000
2016-1730 (61%)$8,25328 (57%)$7,5712 (4%)$17,790
2017-1827 (68%)$8,65722 (55%)$7,2095 (13%)$15,031
2018-1926 (84%)$8,90426 (84%)$7,1544 (13%)$11,375
2019-2018 (53%)$10,33018 (53%)$6,5944 (12%)$16,809
2020-2113 (48%)$8,01113 (48%)$8,011--
2021-228 (36%)$7,9428 (36%)$7,942--
2022-2314 (61%)$6,66214 (61%)$6,662--
Average20 (56.56%)$8,64019 (53.78%)$7,2694 (9.17%)$15,901

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