Scholarships, Grants, and Loan Trends at Metro Technology Centers

-10%

Received Percent Changed

$1,206

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 265, which is 19.89 % of all undergraduate students. 127 students which is 9.67% of undergraduate students received federal student loans and the average loan amount is $6,570.

For full-time, first-time beginning students (freshmen), 46.78% of students received grants or scholarships and 23% 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 Metro Technology Centers since 2014.

For that period, the average number of students who received grants aid/scholarships is 265, which is 19.89 % of all undergraduate students. 127 students which is 9.67% of undergraduate students received federal student loans and the average loan amount is $6,570.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15380 (29%)$3,689380 (29%)$3,683248 (19%)$5,232
2015-16355 (27%)$3,729355 (27%)$3,565234 (18%)$6,775
2016-17311 (25%)$3,772311 (25%)$3,657177 (14%)$7,076
2017-18248 (18%)$4,625248 (18%)$4,549125 (9%)$7,601
2018-19194 (15%)$5,282194 (15%)$5,02980 (6%)$7,532
2019-20176 (14%)$4,428176 (14%)$4,26965 (5%)$6,489
2020-21117 (11%)$5,091117 (11%)$4,85070 (6%)$3,830
2021-22308 (21%)$5,204236 (16%)$4,70272 (5%)$6,850
2022-23296 (19%)$4,895235 (15%)$5,40976 (5%)$7,748
Average265 (19.89%)$4,524250 (18.89%)$4,413127 (9.67%)$6,570
*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, 89 (46.78 % of students) received grants or scholarships and its average amount is $4,851. It can cover 76.25% of tuition & fees ($6,362) based on out-of-state rate.

In addition, 40 (22.56 % of students) students get helped from the students loans (average amount : $6,768).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (51%)$3,93945 (33%)$5,239
2015-1689 (47%)$3,33969 (36%)$7,187
2016-1774 (48%)$4,31340 (26%)$6,714
2017-1857 (41%)$4,25826 (19%)$7,081
2018-1944 (36%)$4,96918 (15%)$7,994
2019-2033 (39%)$5,33716 (19%)$5,672
2020-2163 (34%)$5,95525 (13%)$6,755
2021-22197 (72%)$5,82470 (26%)$6,931
2022-23174 (53%)$5,72554 (16%)$7,340
Average89 (46.78%)$4,85140 (22.56%)$6,768
*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, 85 (45.44 % of students) received Pell (federal) grants and its average amount is $4,773.

In addition, 16 students received State/local government grants/scholarships (8.22 % 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
2014-1570 (51%)$3,840--9 (7%)$769--
2015-1689 (47%)$3,289--7 (4%)$628--
2016-1774 (48%)$4,207--11 (7%)$712--
2017-1857 (41%)$4,220--4 (3%)$542--
2018-1944 (36%)$4,656--15 (12%)$918--
2019-2033 (39%)$5,165--7 (8%)$812--
2020-2163 (34%)$5,767--14 (8%)$843--
2021-22197 (72%)$5,60432 (12%)$1,15420 (7%)$328--
2022-23134 (41%)$6,212--58 (18%)$1,71921 (6%)$3,055
Average85 (45.44%)$4,77332 (12.00%)$1,15416 (8.22%)$80821 (6.00%)$3,055
*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, 40 (22.56 % of students) get any students loan help and its average loan amount is $40.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1545 (33%)$5,23945 (33%)$5,239--
2015-1669 (36%)$7,18769 (36%)$7,187--
2016-1740 (26%)$6,71440 (26%)$6,714--
2017-1826 (19%)$7,08126 (19%)$7,081--
2018-1918 (15%)$7,99418 (15%)$7,994--
2019-2016 (19%)$5,67216 (19%)$5,672--
2020-2125 (13%)$6,75525 (13%)$6,755--
2021-2270 (26%)$6,93170 (26%)$6,931--
2022-2354 (16%)$7,34054 (16%)$7,340--
Average40 (22.56%)$6,76840 (22.56%)$6,768--

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