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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Pennsylvania Institute of Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 491, which is 85.64 % of all undergraduate students. 481 students which is 86.00% of undergraduate students received federal student loans and the average loan amount is $5,863.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12670 (72%)$5,550508 (55%)$5,000423 (45%)$5,348
2012-13636 (83%)$6,210422 (55%)$2,775585 (77%)$4,750
2013-14615 (83%)$3,698587 (79%)$3,233581 (78%)$5,185
2014-15546 (83%)$4,790464 (70%)$5,560596 (90%)$5,780
2015-16512 (86%)$5,620510 (86%)$4,280542 (91%)$4,332
2016-17448 (91%)$3,323438 (89%)$3,325479 (97%)$4,800
2017-18397 (89%)$3,221395 (88%)$2,875429 (96%)$5,755
2018-19359 (89%)$4,664359 (89%)$3,712379 (94%)$6,341
2019-20325 (87%)$5,773305 (82%)$4,287340 (91%)$6,986
2020-21417 (92%)$6,565360 (79%)$4,529423 (93%)$7,533
2021-22478 (87%)$6,746435 (79%)$4,853516 (94%)$7,682
Average491 (85.64%)$5,105435 (77.36%)$4,039481 (86.00%)$5,863

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 164 (87.36 % of students) received grants or scholarships and its average amount is $4,144. It can cover 28.68% of tuition & fees ($14,445).
In addition, 131 (82.36 % of students) students get helped from the students loans (average amount : $5,048).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12510 (96%)$5,157145 (27%)$5,672
2012-13266 (74%)$2,691266 (74%)$4,768
2013-14292 (96%)$3,680273 (90%)$6,114
2014-15238 (88%)$4,680242 (90%)$5,521
2015-16136 (90%)$5,532145 (96%)$5,306
2016-1733 (70%)$2,67236 (77%)$3,764
2017-1882 (87%)$3,04882 (87%)$3,418
2018-1969 (86%)$3,50869 (86%)$3,293
2019-2078 (91%)$3,49979 (92%)$3,872
2020-2154 (93%)$6,69153 (91%)$7,319
2021-2243 (90%)$4,42146 (96%)$6,482
Average164 (87.36%)$4,144131 (82.36%)$5,048
*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 12 years, on average, 135 (76.91 % of students) received Pell (federal) grants and its average amount is $3,719.
In addition, 29 students received State/local government grants/scholarships (18.45 % 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
2011-12422 (80%)$5,550--74 (14%)$3,70014 (3%)$1,000
2012-13212 (59%)$2,77554 (15%)$26477 (21%)$83144 (12%)$1,121
2013-14175 (57%)$5,07328 (9%)$76325 (8%)$2,423105 (34%)$998
2014-15204 (76%)$5,04314 (5%)$75230 (11%)$2,04914 (5%)$927
2015-16134 (89%)$5,22115 (10%)$75317 (11%)$2,1307 (5%)$743
2016-1728 (60%)$2,2175 (11%)$50414 (30%)$1,5412 (4%)$1,000
2017-1882 (87%)$2,21654 (57%)$55921 (22%)$1,4328 (9%)$1,000
2018-1969 (86%)$2,48112 (15%)$60132 (40%)$1,48211 (14%)$1,472
2019-2076 (88%)$2,14029 (34%)$2,13016 (19%)$2,5109 (10%)$925
2020-2144 (76%)$4,45448 (83%)$2,30910 (17%)$2,9497 (12%)$3,577
2021-2242 (88%)$3,74117 (35%)$2135 (10%)$4,6962 (4%)$2,950
Average135 (76.91%)$3,71928 (27.40%)$88529 (18.45%)$2,34020 (10.18%)$1,428
*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 12 years, on average, 131 (82.36 % of students) get any students loan help and its average loan amount is $131.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12145 (27%)$5,672141 (27%)$5,5004 (1%)$11,750
2012-13266 (74%)$4,768265 (73%)$4,7501 (0%)$9,450
2013-14273 (90%)$6,114273 (90%)$6,114--
2014-15242 (90%)$5,521241 (90%)$5,5271 (0%)$4,000
2015-16145 (96%)$5,306142 (94%)$5,3183 (2%)$4,700
2016-1736 (77%)$3,76436 (77%)$3,7021 (2%)$2,226
2017-1882 (87%)$3,41878 (83%)$3,4684 (4%)$2,436
2018-1969 (86%)$3,29369 (86%)$3,2152 (3%)$2,699
2019-2079 (92%)$3,87279 (92%)$3,7011 (1%)$13,507
2020-2153 (91%)$7,31953 (91%)$7,319--
2021-2246 (96%)$6,48246 (96%)$5,9343 (6%)$8,400
Average131 (82.36%)$5,048129 (81.73%)$4,9592 (2.71%)$6,574

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