Scholarships, Grants, and Loan Trends at Universal Technical Institute of California Inc

14%

Received Percent Changed

$914

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,620, which is 76.22 % of all undergraduate students. 1,315 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $6,724.

For full-time, first-time beginning students (freshmen), 82.56% of students received grants or scholarships and 78% 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 Universal Technical Institute of California Inc since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,620, which is 76.22 % of all undergraduate students. 1,315 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $6,724.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,070 (67%)$3,9261,624 (53%)$3,9691,953 (64%)$7,287
2015-161,628 (66%)$4,1651,317 (53%)$3,9291,486 (60%)$6,885
2016-171,345 (70%)$4,1461,010 (52%)$3,8821,118 (58%)$6,617
2017-181,423 (78%)$4,5201,117 (61%)$4,0591,093 (60%)$6,646
2018-191,504 (78%)$4,4661,222 (63%)$4,1841,198 (62%)$6,811
2019-201,588 (81%)$4,6401,211 (62%)$3,9951,221 (62%)$6,491
2020-211,624 (82%)$4,308978 (49%)$4,2821,040 (52%)$6,524
2021-221,685 (83%)$5,0941,232 (60%)$4,3961,336 (65%)$6,554
2022-231,714 (81%)$4,8401,255 (59%)$4,8021,393 (65%)$6,698
Average1,620 (76.22%)$4,4561,218 (56.89%)$4,1661,315 (60.89%)$6,724
*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, 644 (82.56 % of students) received grants or scholarships and its average amount is $5,530. It can cover 9.77% of tuition & fees ($56,600).

In addition, 615 (78.44 % of students) students get helped from the students loans (average amount : $8,392).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15920 (75%)$4,649950 (78%)$9,078
2015-16638 (84%)$4,952591 (77%)$8,369
2016-17480 (83%)$5,163460 (79%)$7,915
2017-18567 (84%)$5,231506 (75%)$7,953
2018-19674 (86%)$5,323605 (77%)$8,271
2019-20718 (87%)$5,731639 (77%)$8,228
2020-21542 (80%)$5,951505 (75%)$8,316
2021-22617 (84%)$6,618613 (84%)$8,376
2022-23637 (80%)$6,148668 (84%)$9,021
Average644 (82.56%)$5,530615 (78.44%)$8,392
*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, 579 (74.22 % of students) received Pell (federal) grants and its average amount is $4,731.

In addition, 45 students received State/local government grants/scholarships (6.86 % 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
2014-15837 (68%)$4,346265 (22%)$6463 (0%)$1,931253 (21%)$1,827
2015-16581 (76%)$4,453207 (27%)$720--209 (27%)$2,025
2016-17424 (73%)$4,354183 (32%)$9055 (1%)$479239 (41%)$1,942
2017-18522 (78%)$4,510121 (18%)$1,24139 (6%)$910213 (32%)$2,001
2018-19628 (80%)$4,80794 (12%)$791103 (13%)$934215 (27%)$1,854
2019-20593 (72%)$4,712473 (57%)$1,337105 (13%)$978266 (32%)$2,202
2020-21481 (71%)$4,734375 (55%)$1,10369 (10%)$956204 (30%)$2,299
2021-22552 (75%)$5,156515 (70%)$1,45020 (3%)$1,623206 (28%)$2,226
2022-23593 (75%)$5,505128 (16%)$1,00913 (2%)$1,199226 (29%)$2,241
Average579 (74.22%)$4,731262 (34.33%)$1,02245 (6.86%)$1,126226 (29.67%)$2,069
*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, 615 (78.44 % of students) get any students loan help and its average loan amount is $615.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15950 (78%)$9,078945 (77%)$7,491330 (27%)$4,684
2015-16591 (77%)$8,369589 (77%)$6,767176 (23%)$5,457
2016-17460 (79%)$7,915458 (79%)$6,471115 (20%)$5,888
2017-18506 (75%)$7,953503 (75%)$6,593137 (20%)$5,168
2018-19605 (77%)$8,271605 (77%)$6,914167 (21%)$4,915
2019-20639 (77%)$8,228637 (77%)$6,582174 (21%)$6,121
2020-21505 (75%)$8,316503 (74%)$6,559153 (23%)$5,887
2021-22613 (84%)$8,376612 (83%)$6,566168 (23%)$6,644
2022-23668 (84%)$9,021666 (84%)$6,917215 (27%)$6,600
Average615 (78.44%)$8,392613 (78.11%)$6,762182 (22.78%)$5,707

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