Scholarships, Grants, and Loan Trends at Modern Technology School

-24%

Received Percent Changed

$1,259

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 82, which is 45.00 % of all undergraduate students. 79 students which is 43.22% of undergraduate students received federal student loans and the average loan amount is $10,919.

For full-time, first-time beginning students (freshmen), 57.44% of students received grants or scholarships and 64% 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 Modern Technology School since 2014.

For that period, the average number of students who received grants aid/scholarships is 82, which is 45.00 % of all undergraduate students. 79 students which is 43.22% of undergraduate students received federal student loans and the average loan amount is $10,919.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1599 (53%)$4,93170 (37%)$5,11473 (39%)$11,896
2015-16121 (70%)$3,34589 (51%)$3,472107 (61%)$7,387
2016-1779 (48%)$6,98967 (41%)$5,16862 (38%)$11,717
2017-1881 (50%)$6,53781 (50%)$5,41690 (56%)$10,728
2018-1993 (49%)$5,26593 (49%)$5,26588 (46%)$11,859
2019-2053 (33%)$5,48053 (33%)$5,48070 (44%)$11,564
2020-2169 (35%)$5,93869 (35%)$5,93876 (38%)$10,399
2021-2282 (38%)$4,66260 (28%)$5,85882 (38%)$11,634
2022-2359 (29%)$6,19056 (28%)$5,37259 (29%)$11,090
Average82 (45.00%)$5,48271 (39.11%)$5,23179 (43.22%)$10,919
*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, 63 (57.44 % of students) received grants or scholarships and its average amount is $4,963. It can cover 15.50% of tuition & fees ($32,027).

In addition, 69 (63.56 % of students) students get helped from the students loans (average amount : $10,903).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (60%)$4,48973 (63%)$12,896
2015-1674 (58%)$4,13773 (57%)$10,429
2016-1758 (55%)$4,76261 (58%)$10,270
2017-1868 (58%)$4,35263 (53%)$10,088
2018-1973 (65%)$4,89987 (77%)$11,697
2019-2049 (56%)$5,49867 (76%)$11,992
2020-2157 (53%)$5,45167 (62%)$11,334
2021-2259 (56%)$5,78876 (72%)$10,815
2022-2355 (56%)$5,28853 (54%)$8,609
Average63 (57.44%)$4,96369 (63.56%)$10,903
*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, 62 (56.78 % of students) received Pell (federal) grants and its average amount is $4,967.

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
2014-1563 (54%)$4,53141 (35%)$702----
2015-1674 (58%)$4,137------
2016-1758 (55%)$4,762------
2017-1868 (58%)$4,352------
2018-1973 (65%)$4,899------
2019-2049 (56%)$5,498------
2020-2157 (53%)$5,451------
2021-2259 (56%)$5,788------
2022-2355 (56%)$5,288------
Average62 (56.78%)$4,96741 (35.00%)$702----
*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, 69 (63.56 % of students) get any students loan help and its average loan amount is $69.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1573 (63%)$12,89669 (59%)$10,99112 (10%)$15,250
2015-1673 (57%)$10,42973 (57%)$10,429--
2016-1761 (58%)$10,27061 (58%)$10,270--
2017-1863 (53%)$10,08863 (53%)$10,088--
2018-1987 (77%)$11,69787 (77%)$11,697--
2019-2067 (76%)$11,99267 (76%)$11,992--
2020-2167 (62%)$11,33467 (62%)$11,334--
2021-2276 (72%)$10,81576 (72%)$10,815--
2022-2353 (54%)$8,60953 (54%)$8,609--
Average69 (63.56%)$10,90368 (63.11%)$10,69212 (10.00%)$15,250

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