For the academic year 2022-2023, total 46 full-time, first-time students (96% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 478 students (87% of all students) received grants or scholarships and the average grant amount is $6,746. In addition, 516 students received student loans and the average loan amount is $7,682.
Below tables show the number and amount by source of financial aid at Pennsylvania Institute of Technology.
For all undergraduate students, total 478 students (87% of all students) received grants or scholarships and the average grant amount is $6,746. In addition, 516 students received student loans and the average loan amount is $7,682.
Below tables show the number and amount by source of financial aid at Pennsylvania Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 478 | 87% | $6,746 |
| Pell Grants | 435 | 79% | $4,853 |
| Federal Student Loans | 516 | 94% | $7,682 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 46 | 96% | - |
| Grants or Scholarship from All Sources | 43 | 90% | $4,421 |
| Federal Grants | 42 | 88% | $3,827 |
| Pell Grants | 42 | 88% | $3,741 |
| Other Federal Grants | 17 | 35% | $213 |
| State/Local Grants | 5 | 10% | $4,696 |
| Institutional Grants | 2 | 4% | $2,950 |
| Student Loans | 46 | 96% | $6,482 |
| Federal Student Loans | 46 | 96% | $5,934 |
| Other Student Loans | 3 | 6% | $8,400 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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