All Undergraduate Students Financial Aid Over Time

Next table and chart show the trends of financial aid for all undergraduate student at New England Institute of Technology since 2018. For that period, the average number of students who received grants aid/scholarships is 1,903 (66.50 % of all undergraduate students) and 2,192 (76.50 % of all undergraduate students) students received the federal student loans (average loan amount : $8,308).
TableChart
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2010-112,141 (66%)$5,1011,567 (48%)$4,7982,367 (73%)$7,458
2011-121,957 (68%)$4,4381,412 (49%)$4,1982,266 (78%)$8,204
2012-131,763 (65%)$4,7851,312 (48%)$4,3402,074 (76%)$9,609
2013-141,928 (67%)$5,9991,355 (47%)$4,4392,233 (78%)$8,403
2014-151,966 (69%)$6,3781,424 (50%)$4,3382,223 (78%)$8,224
2015-161,733 (62%)$5,6681,378 (49%)$4,3012,158 (77%)$8,103
2016-171,809 (63%)$6,1491,376 (48%)$4,3072,180 (76%)$8,282
2017-181,929 (72%)$8,6791,309 (49%)$5,0102,036 (76%)$8,177
Average1,903 (66.50%)$5,9001,392 (48.50%)$4,4662,192 (76.50%)$8,308
All Undergraduate Students Financial Aid Over Time of New England Institute of Technology
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile of number of students receiving aids among all undergraduate students..

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

OverviewGrants/ScholarshipStudent Loans
For last 8 years, in average, 373 (76.88 % of students) received grants or scholarships and its average amount is $6,001. In addition, 408 (84.25 % of students) students get helped from the students loans (average amount : $9,715).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2010-11429 (72%)$4,855500 (84%)$8,067
2011-12330 (72%)$4,471371 (81%)$8,856
2012-13310 (70%)$4,813351 (79%)$10,218
2013-14403 (81%)$7,111414 (83%)$9,563
2014-15408 (83%)$6,477431 (88%)$8,907
2015-16302 (72%)$4,567360 (86%)$10,970
2016-17325 (73%)$5,643385 (87%)$10,584
2017-18479 (92%)$10,069449 (86%)$10,551
Average373 (76.88%)$6,001408 (84.25%)$9,715
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile of number of students receiving aids among all undergraduate students.
Next table shows the trends of grants or scholarships over time. For last 8 years, in average, 262 (54.13 % of students) received Pell (federal) grants and its average amount is $4,307. In addition, 118 students received State/local government grants/scholarships (24.38 % 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
2010-11319 (54%)$4,469300 (50%)$32399 (17%)$771324 (54%)$1,495
2011-12238 (52%)$4,130222 (48%)$16786 (19%)$590247 (54%)$1,638
2012-13229 (52%)$4,494194 (44%)$144112 (25%)$585198 (45%)$1,866
2013-14268 (54%)$4,350248 (50%)$140126 (25%)$799364 (73%)$4,298
2014-15275 (56%)$4,101255 (52%)$140142 (29%)$517354 (72%)$3,971
2015-16212 (51%)$4,108202 (48%)$16640 (10%)$902214 (51%)$2,050
2016-17245 (55%)$4,099232 (52%)$147151 (34%)$578226 (51%)$3,133
2017-18311 (59%)$4,703303 (58%)$166186 (36%)$560477 (91%)$6,722
Average262 (54.13%)$4,307245 (50.25%)$174118 (24.38%)$663301 (61.38%)$3,147
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile of number of students receiving aids among all undergraduate students..
Next table describes number of students and average amount of loans by loan type. Next table shows the trends of grants or scholarships over time. For last 8 years, in average, 408 (84.25 % of students) get any students loan help and its average loan amount is $408.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2010-11500 (84%)$8,067497 (83%)$6,38171 (12%)$12,142
2011-12371 (81%)$8,856369 (81%)$6,27372 (16%)$13,484
2012-13351 (79%)$10,218349 (79%)$6,23298 (22%)$14,404
2013-14414 (83%)$9,563410 (82%)$6,67282 (16%)$14,923
2014-15431 (88%)$8,907430 (88%)$6,235109 (22%)$10,625
2015-16360 (86%)$10,970356 (85%)$6,270185 (44%)$9,281
2016-17385 (87%)$10,584381 (86%)$6,498173 (39%)$9,245
2017-18449 (86%)$10,551446 (85%)$6,592100 (19%)$17,976
Average408 (84.25%)$9,715405 (83.63%)$6,394111 (23.75%)$12,760

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