Scholarships, Grants, and Loan Trends at Ohio Technical

37%

Received Percent Changed

-$1,342

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 640, which is 71.78 % of all undergraduate students. 569 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,628.

For full-time, first-time beginning students (freshmen), 81.11% of students received grants or scholarships and 71% 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 Ohio Technical College since 2014.

For that period, the average number of students who received grants aid/scholarships is 640, which is 71.78 % of all undergraduate students. 569 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,628.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15535 (41%)$7,202534 (41%)$5,216655 (51%)$10,640
2015-16957 (75%)$5,826698 (54%)$3,774949 (74%)$6,408
2016-17846 (69%)$4,624727 (59%)$3,879942 (77%)$6,625
2017-18846 (74%)$4,611718 (63%)$3,768178 (16%)$8,067
2018-19796 (87%)$7,063601 (66%)$4,555713 (78%)$6,836
2019-20591 (77%)$5,559482 (63%)$3,759585 (76%)$7,721
2020-21418 (74%)$6,071293 (52%)$4,890406 (72%)$6,135
2021-22464 (71%)$4,876312 (48%)$4,571427 (65%)$8,040
2022-23311 (78%)$5,860191 (48%)$4,535268 (67%)$8,180
Average640 (71.78%)$5,744506 (54.89%)$4,327569 (64.00%)$7,628
*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, 484 (81.11 % of students) received grants or scholarships and its average amount is $4,448. It can cover 16.70% of tuition & fees ($26,640).

In addition, 425 (71.33 % of students) students get helped from the students loans (average amount : $7,847).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15534 (97%)$3,787483 (88%)$7,639
2015-16560 (80%)$4,100648 (92%)$9,385
2016-17633 (69%)$5,385844 (92%)$7,368
2017-18845 (93%)$2,250241 (27%)$6,654
2018-19634 (94%)$3,909554 (82%)$7,733
2019-20466 (78%)$4,842468 (79%)$6,426
2020-21283 (72%)$6,076290 (74%)$7,030
2021-22257 (72%)$4,503188 (53%)$7,584
2022-23146 (75%)$5,176107 (55%)$10,804
Average484 (81.11%)$4,448425 (71.33%)$7,847
*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, 372 (58.33 % of students) received Pell (federal) grants and its average amount is $4,141.

In addition, 65 students received State/local government grants/scholarships (10.00 % 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
2014-15355 (64%)$3,704236 (43%)$267103 (19%)$1,167117 (21%)$4,479
2015-16422 (60%)$3,783--39 (6%)$2,893312 (44%)$1,881
2016-17633 (69%)$3,923263 (29%)$27220 (2%)$5,141319 (35%)$2,355
2017-18717 (79%)$1,865178 (20%)$321321 (35%)$328180 (20%)$2,231
2018-19448 (66%)$4,776405 (60%)$28717 (3%)$1,277377 (56%)$532
2019-20376 (63%)$3,798230 (39%)$26727 (5%)$2,075273 (46%)$2,604
2020-21200 (51%)$5,348111 (28%)$36320 (5%)$4,188198 (50%)$2,656
2021-22126 (35%)$4,973--17 (5%)$5,428176 (50%)$2,491
2022-2373 (38%)$5,09572 (37%)$69619 (10%)$2,789106 (55%)$2,648
Average372 (58.33%)$4,141214 (36.57%)$35365 (10.00%)$2,810229 (41.89%)$2,431
*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, 425 (71.33 % of students) get any students loan help and its average loan amount is $425.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15483 (88%)$7,639483 (88%)$6,87529 (5%)$12,737
2015-16648 (92%)$9,385644 (92%)$5,764188 (27%)$12,605
2016-17844 (92%)$7,368844 (92%)$6,67750 (5%)$11,663
2017-18241 (27%)$6,654177 (19%)$5,89164 (7%)$8,766
2018-19554 (82%)$7,733552 (82%)$6,80543 (6%)$12,280
2019-20468 (79%)$6,426468 (79%)$5,67433 (6%)$10,668
2020-21290 (74%)$7,030290 (74%)$6,05032 (8%)$8,877
2021-22188 (53%)$7,584185 (52%)$6,03024 (7%)$12,929
2022-23107 (55%)$10,804107 (55%)$9,51213 (7%)$10,632
Average425 (71.33%)$7,847417 (70.33%)$6,58653 (8.67%)$11,240

Ratings & Review

Share your experiences and thoughts about Ohio Technical College. It will be a great help to applicants and prospective students!