Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 394, which is 82.33 % of all undergraduate students. 380 students which is 77.67% of undergraduate students received federal student loans and the average loan amount is $7,341.

For full-time, first-time beginning students (freshmen), 83.11% of students received grants or scholarships and 79% 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 Institute of Medical Careers since 2013.

For that period, the average number of students who received grants aid/scholarships is 394, which is 82.33 % of all undergraduate students. 380 students which is 77.67% of undergraduate students received federal student loans and the average loan amount is $7,341.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1493 (84%)$4,64093 (84%)$4,64094 (85%)$7,667
2014-15144 (86%)$3,710133 (79%)$3,539124 (74%)$7,717
2015-16163 (86%)$4,415158 (84%)$3,799147 (78%)$7,758
2016-17228 (84%)$4,643213 (78%)$3,419186 (68%)$7,708
2017-18280 (73%)$5,542253 (66%)$4,250281 (73%)$7,693
2018-19410 (81%)$4,183402 (79%)$3,824386 (76%)$7,871
2019-20683 (84%)$6,529649 (80%)$5,282684 (84%)$8,686
2020-21705 (79%)$4,846668 (75%)$4,468681 (77%)$4,139
2021-22836 (84%)$5,067818 (82%)$4,716838 (84%)$6,826
Average394 (82.33%)$4,842376 (78.56%)$4,215380 (77.67%)$7,341
*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, 126 (83.11 % of students) received grants or scholarships and its average amount is $4,961. It can cover 22.05% of tuition & fees ($22,500).

In addition, 124 (78.78 % of students) students get helped from the students loans (average amount : $7,616).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1416 (94%)$4,85516 (94%)$7,181
2014-1536 (77%)$3,88437 (79%)$8,129
2015-1647 (87%)$4,65543 (80%)$8,234
2016-1751 (84%)$4,69835 (57%)$8,047
2017-18122 (72%)$5,711124 (73%)$7,561
2018-1984 (88%)$3,91970 (74%)$8,807
2019-20379 (85%)$6,481371 (83%)$8,556
2020-21211 (82%)$5,115223 (87%)$4,312
2021-22188 (79%)$5,331195 (82%)$7,721
Average126 (83.11%)$4,961124 (78.78%)$7,616
*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, 119 (79.00 % of students) received Pell (federal) grants and its average amount is $4,290.

In addition, 24 students received State/local government grants/scholarships (14.00 % 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
2013-1416 (94%)$4,787--1 (6%)$1,089--
2014-1536 (77%)$3,596--4 (9%)$2,599--
2015-1644 (81%)$4,18219 (35%)$1318 (15%)$4,036--
2016-1745 (74%)$3,21521 (34%)$79414 (23%)$5,590--
2017-18109 (64%)$4,10936 (21%)$13339 (23%)$6,257--
2018-1979 (83%)$3,91021 (22%)$1268 (8%)$2,214--
2019-20359 (81%)$5,277108 (24%)$84592 (21%)$5,114--
2020-21205 (80%)$4,68826 (10%)$27733 (13%)$3,363--
2021-22182 (77%)$4,84920 (8%)$29819 (8%)$5,9281 (0%)$1,130
Average119 (79.00%)$4,29036 (22.00%)$37224 (14.00%)$4,0211 (0.00%)$1,130
*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, 124 (78.78 % of students) get any students loan help and its average loan amount is $124.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1416 (94%)$7,18116 (94%)$7,181--
2014-1537 (79%)$8,12937 (79%)$8,129--
2015-1643 (80%)$8,23443 (80%)$8,234--
2016-1735 (57%)$8,04735 (57%)$8,047--
2017-18124 (73%)$7,561124 (73%)$7,561--
2018-1970 (74%)$8,80770 (74%)$8,807--
2019-20371 (83%)$8,556371 (83%)$8,5382 (0%)$3,428
2020-21223 (87%)$4,312223 (87%)$4,2522 (1%)$6,756
2021-22195 (82%)$7,721195 (82%)$7,6472 (1%)$7,160
Average124 (78.78%)$7,616124 (78.78%)$7,6002 (1.00%)$5,781