Scholarships, Grants, and Loan Trends at Mitchell Technical

6%

Received Percent Changed

$2,174

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 643, which is 53.33 % of all undergraduate students. 614 students which is 51.00% of undergraduate students received federal student loans and the average loan amount is $5,918.

For full-time, first-time beginning students (freshmen), 59.78% of students received grants or scholarships and 61% 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 Mitchell Technical College since 2014.

For that period, the average number of students who received grants aid/scholarships is 643, which is 53.33 % of all undergraduate students. 614 students which is 51.00% of undergraduate students received federal student loans and the average loan amount is $5,918.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15630 (51%)$4,534427 (34%)$4,153718 (58%)$6,333
2015-16591 (47%)$5,181377 (30%)$4,134759 (60%)$4,983
2016-17613 (49%)$5,484343 (27%)$4,237577 (46%)$6,061
2017-18632 (53%)$6,258392 (33%)$4,464601 (51%)$5,928
2018-19695 (58%)$6,339455 (38%)$4,588656 (55%)$5,652
2019-20735 (63%)$6,252456 (39%)$4,307587 (51%)$5,566
2020-21630 (54%)$6,533372 (32%)$4,985530 (46%)$5,639
2021-22573 (48%)$6,357367 (31%)$4,736531 (45%)$5,708
2022-23684 (57%)$6,708358 (30%)$4,669569 (47%)$7,395
Average643 (53.33%)$5,961394 (32.67%)$4,475614 (51.00%)$5,918
*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, 221 (59.78 % of students) received grants or scholarships and its average amount is $4,015. It can cover 53.36% of tuition & fees ($7,524) based on out-of-state rate.

In addition, 226 (61.11 % of students) students get helped from the students loans (average amount : $6,078).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15224 (64%)$4,064262 (75%)$6,057
2015-16222 (63%)$3,745233 (66%)$6,117
2016-17192 (56%)$4,407227 (66%)$5,914
2017-18216 (57%)$4,308253 (67%)$5,666
2018-19218 (63%)$4,150216 (62%)$6,280
2019-20244 (65%)$4,255217 (58%)$6,378
2020-21228 (63%)$3,830159 (44%)$5,801
2021-22222 (53%)$4,096246 (59%)$6,272
2022-23220 (54%)$3,281217 (53%)$6,221
Average221 (59.78%)$4,015226 (61.11%)$6,078
*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, 149 (40.44 % of students) received Pell (federal) grants and its average amount is $4,439.

In addition, 37 students received State/local government grants/scholarships (10.22 % 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
2014-15154 (44%)$4,30267 (19%)$35353 (15%)$2,712107 (31%)$752
2015-16144 (41%)$3,97954 (15%)$42446 (13%)$3,28293 (26%)$910
2016-17137 (40%)$4,17960 (17%)$38131 (9%)$5,87879 (23%)$868
2017-18156 (41%)$4,27073 (19%)$32357 (15%)$3,03986 (23%)$787
2018-19151 (44%)$4,51463 (18%)$30133 (10%)$3,471102 (29%)$879
2019-20156 (42%)$4,57671 (19%)$35855 (15%)$3,745118 (32%)$788
2020-21145 (40%)$4,54061 (17%)$36128 (8%)$3,615113 (31%)$811
2021-22180 (43%)$4,56355 (13%)$49413 (3%)$3,33433 (8%)$530
2022-23117 (29%)$5,03150 (12%)$53518 (4%)$1,144102 (25%)$841
Average149 (40.44%)$4,43962 (16.56%)$39237 (10.22%)$3,35893 (25.33%)$796
*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, 226 (61.11 % of students) get any students loan help and its average loan amount is $226.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15262 (75%)$6,057259 (74%)$5,37827 (8%)$7,189
2015-16233 (66%)$6,117231 (65%)$5,11128 (8%)$8,735
2016-17227 (66%)$5,914223 (65%)$5,13824 (7%)$8,200
2017-18253 (67%)$5,666252 (67%)$4,95521 (6%)$8,812
2018-19216 (62%)$6,280215 (62%)$5,21629 (8%)$8,110
2019-20217 (58%)$6,378215 (57%)$4,99836 (10%)$8,596
2020-21159 (44%)$5,801159 (44%)$5,25410 (3%)$8,685
2021-22246 (59%)$6,272246 (59%)$5,11030 (7%)$9,532
2022-23217 (53%)$6,221216 (53%)$5,00828 (7%)$9,574
Average226 (61.11%)$6,078224 (60.67%)$5,13026 (7.11%)$8,604

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