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How many students are received the students loans at Spa Tech Institute Westboro?

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For the academic year 2022-2023, total 43 full-time, first-time students (90% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 178 students (73% of all students) have received federal student loans and the average loan amount is $4,993 at Spa Tech Institute-Westboro.

Below tables show the number and amount by source of financial aid at Spa Tech Institute-Westboro.
All Undergraduate Student Financial Aid at Spa Tech Institute-Westboro
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid13254%$3,711
Pell Grants12652%$3,400
Federal Student Loans17873%$4,993
Beginning Students (Freshmen) Financial Aid at Spa Tech Institute-Westboro
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4696%-
Grants or Scholarship from All Sources3165%$3,989
Federal Grants3063%$3,897
Pell Grants3063%$3,897
Other Federal Grants00%$0
State/Local Grants24%$3,375
Institutional Grants00%$0
Student Loans4390%$5,706
Federal Student Loans4390%$5,103
Other Student Loans510%$5,184

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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