56 students (77% of total 73 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Formations Institute. The average amount of the aid awarded is $4,827.
For the first-time, full-time beginning students (freshmen), 81% of total 21 enrolled students have received any kind of financial aid and its average amount of aid received is $3,961.
At Formations Institute, 56 undergraduate students (77% of total 73 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,827.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 56 | 77% | $270,325 | $4,827 |
| Pell Grants | 52 | 71% | $244,375 | $4,700 |
| Federal Student Loan | 48 | 66% | $244,105 | $5,086 |
17 beginning undergraduate students (81% of total 21 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Formations Institute. The average amount of aid received is $3,961.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 17 | 81% | - | - |
| Grants or Scholarships | 17 | 81% | $67,335 | $3,961 |
| Federal Grants | 15 | 71% | $56,335 | $3,756 |
| Pell Grants | 15 | 71% | $56,335 | $3,756 |
| Other Federal Grants | - | - | - | - |
| State/Local Grants | 1 | 5% | $5,000 | $5,000 |
| Institutional Grants | 5 | 24% | $6,000 | $1,200 |
| Student Loan Aid | 13 | 62% | $49,843 | $3,834 |
| Federal Student Loans | 13 | 62% | $49,843 | $3,834 |
| Other Student Loans | - | - | - | - |
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