How More Tech Institute's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at More Tech Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 91, which is 94.89 % of all undergraduate students. 30 students which is 39.00% of undergraduate students received federal student loans and the average loan amount is $4,331.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	48 (89%)	$3,161	48 (89%)	$3,161	2 (4%)	$4,626
2014-15	91 (100%)	$4,751	89 (98%)	$4,652	8 (9%)	$3,414
2015-16	132 (97%)	$3,166	132 (97%)	$3,166	15 (11%)	$2,386
2016-17	114 (89%)	$3,328	114 (89%)	$3,282	8 (6%)	$3,030
2017-18	112 (84%)	$3,471	112 (84%)	$3,428	2 (2%)	$4,736
2018-19	110 (97%)	$3,795	110 (97%)	$3,750	24 (21%)	$6,928
2019-20	59 (98%)	$3,476	59 (98%)	$3,476	59 (98%)	$4,718
2020-21	59 (100%)	$5,094	59 (100%)	$5,020	59 (100%)	$5,020
2021-22	96 (100%)	$10,064	96 (100%)	$5,940	96 (100%)	$4,123
Average	91 (94.89%)	$4,478	91 (94.67%)	$3,986	30 (39.00%)	$4,331

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

For the last 10 years, on average, 88 (95.33 % of students) received grants or scholarships and its average amount is $3,700. It can cover 23.25% of tuition & fees ($15,914).

In addition, 27 (39.00 % of students) students get helped from the students loans (average amount : $4,169).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	48 (89%)	$3,161	2 (4%)	$4,626
2014-15	89 (98%)	$4,652	8 (9%)	$3,414
2015-16	132 (100%)	$3,128	13 (10%)	$2,562
2016-17	114 (89%)	$3,328	8 (6%)	$3,030
2017-18	112 (84%)	$3,471	2 (2%)	$4,736
2018-19	110 (100%)	$3,795	24 (22%)	$5,966
2019-20	59 (98%)	$3,476	59 (98%)	$4,718
2020-21	59 (100%)	$5,094	59 (100%)	$5,020
2021-22	68 (100%)	$3,194	68 (100%)	$3,446
Average	88 (95.33%)	$3,700	27 (39.00%)	$4,169

^*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, 88 (95.33 % of students) received Pell (federal) grants and its average amount is $3,666.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	48 (89%)	$3,161	-	-	-	-	-	-
2014-15	89 (98%)	$4,652	-	-	-	-	-	-
2015-16	132 (100%)	$3,128	-	-	-	-	-	-
2016-17	114 (89%)	$3,282	82 (64%)	$64	-	-	-	-
2017-18	112 (84%)	$3,428	112 (84%)	$43	-	-	-	-
2018-19	110 (100%)	$3,750	20 (18%)	$250	-	-	-	-
2019-20	59 (98%)	$3,476	-	-	-	-	-	-
2020-21	59 (100%)	$5,020	59 (100%)	$74	-	-	-	-
2021-22	68 (100%)	$3,094	36 (53%)	$189	-	-	-	-
Average	88 (95.33%)	$3,666	62 (63.80%)	$124	-	-	-	-

^*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, 27 (39.00 % of students) get any students loan help and its average loan amount is $27.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	2 (4%)	$4,626	2 (4%)	$4,626	-	-
2014-15	8 (9%)	$3,414	8 (9%)	$3,414	-	-
2015-16	13 (10%)	$2,562	13 (10%)	$2,562	-	-
2016-17	8 (6%)	$3,030	8 (6%)	$3,030	-	-
2017-18	2 (2%)	$4,736	2 (2%)	$4,736	-	-
2018-19	24 (22%)	$5,966	24 (22%)	$5,966	-	-
2019-20	59 (98%)	$4,718	59 (98%)	$4,718	-	-
2020-21	59 (100%)	$5,020	59 (100%)	$5,020	-	-
2021-22	68 (100%)	$3,446	68 (100%)	$3,446	-	-
Average	27 (39.00%)	$4,169	27 (39.00%)	$4,169	-	-

Scholarships, Grants, and Loan Trends at More Tech Institute

All Undergraduate Students Financial Aid Over Time

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

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