Scholarships, Grants, and Loan Trends at Academy

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 69, which is 55.82 % of all undergraduate students. 80 students which is 64.27% of undergraduate students received federal student loans and the average loan amount is $8,276.
For full-time, first-time beginning students (freshmen), 65.00% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Academy College since 2011.
For that period, the average number of students who received grants aid/scholarships is 69, which is 55.82 % of all undergraduate students. 80 students which is 64.27% of undergraduate students received federal student loans and the average loan amount is $8,276.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12138 (72%)$4,264114 (60%)$3,876158 (83%)$8,949
2012-1396 (63%)$4,71290 (59%)$3,860118 (78%)$8,197
2013-1490 (60%)$4,60580 (54%)$3,562103 (69%)$8,266
2014-1570 (55%)$4,96264 (50%)$3,74388 (69%)$8,078
2015-1670 (56%)$5,15360 (48%)$3,98285 (69%)$7,377
2016-1734 (29%)$7,70034 (29%)$3,71258 (50%)$8,252
2017-1832 (50%)$8,02127 (42%)$4,48336 (56%)$8,996
2018-1960 (61%)$7,38449 (49%)$4,63760 (61%)$8,514
2019-2057 (54%)$7,74237 (35%)$4,17263 (60%)$8,556
2020-2142 (44%)$5,22635 (36%)$4,59955 (57%)$7,996
2021-2265 (70%)$5,38156 (60%)$3,09051 (55%)$7,856
Average69 (55.82%)$5,92359 (47.45%)$3,97480 (64.27%)$8,276

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 5 (65.00 % of students) received grants or scholarships and its average amount is $8,401. It can cover 46.03% of tuition & fees ($18,252).
In addition, 6 (78.00 % of students) students get helped from the students loans (average amount : $17,479).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-125 (63%)$6,0515 (63%)$8,900
2012-132 (50%)$5,0753 (75%)$13,500
2013-144 (44%)$3,6248 (89%)$22,276
2014-152 (40%)$7,9615 (100%)$17,572
2015-162 (67%)$9,6773 (100%)$17,510
2016-17----
2017-184 (67%)$10,9266 (100%)$28,251
2018-199 (100%)$10,4836 (67%)$11,772
2019-203 (100%)$13,9182 (67%)$23,000
2020-212 (40%)$9,4252 (40%)$20,985
2021-2215 (79%)$6,87315 (79%)$11,024
Average5 (65.00%)$8,4016 (78.00%)$17,479
*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 12 years, on average, 4 (56.50 % of students) received Pell (federal) grants and its average amount is $4,883.
In addition, 5 students received State/local government grants/scholarships (59.22 % 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
2011-125 (63%)$4,4065 (63%)$3404 (50%)$1,632--
2012-132 (50%)$3,9752 (50%)$600--1 (25%)$1,000
2013-143 (33%)$2,6342 (22%)$5004 (44%)$1,399--
2014-152 (40%)$5,7302 (40%)$1,4002 (40%)$831--
2015-162 (67%)$5,1652 (67%)$1,3011 (33%)$6,423--
2016-17--------
2017-184 (67%)$4,5974 (67%)$1,2504 (67%)$5,079--
2018-196 (67%)$4,5203 (33%)$1,4679 (100%)$6,981--
2019-203 (100%)$4,6573 (100%)$1,6003 (100%)$7,660--
2020-211 (20%)$8,4601 (20%)$2,4001 (20%)$7,990--
2021-2211 (58%)$4,686--15 (79%)$3,436--
Average4 (56.50%)$4,8833 (51.33%)$1,2065 (59.22%)$4,6031 (25.00%)$1,000
*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 12 years, on average, 6 (78.00 % of students) get any students loan help and its average loan amount is $6.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-125 (63%)$8,9005 (63%)$8,900--
2012-133 (75%)$13,5003 (75%)$8,5002 (50%)$7,500
2013-148 (89%)$22,2767 (78%)$7,7865 (56%)$24,741
2014-155 (100%)$17,5725 (100%)$6,3003 (60%)$18,787
2015-163 (100%)$17,5103 (100%)$8,1671 (33%)$28,029
2016-17------
2017-186 (100%)$28,2516 (100%)$7,8334 (67%)$30,626
2018-196 (67%)$11,7726 (67%)$6,8781 (11%)$29,364
2019-202 (67%)$23,0002 (67%)$8,0001 (33%)$30,000
2020-212 (40%)$20,9852 (40%)$7,5001 (20%)$26,969
2021-2215 (79%)$11,02415 (79%)$7,3563 (16%)$18,340
Average6 (78.00%)$17,4795 (76.90%)$7,7222 (38.44%)$23,817
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