Scholarships, Grants, and Loan Trends at Arizona College of Nursing-Phoenix

Over the past 4 years (2021-2023), the average number of students who received grants aid/scholarships is 225, which is 58.00 % of all undergraduate students. 312 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $10,565.

For full-time, first-time beginning students (freshmen), 77.33% of students received grants or scholarships and 93% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Arizona College of Nursing-Phoenix since 2020.

For that period, the average number of students who received grants aid/scholarships is 225, which is 58.00 % of all undergraduate students. 312 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $10,565.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2020-2158 (68%)$5,67158 (68%)$5,48781 (95%)$10,569
2021-22216 (52%)$5,630211 (50%)$5,385293 (70%)$10,623
2022-23401 (54%)$5,887392 (53%)$5,627561 (75%)$10,502
Average225 (58.00%)$5,729220 (57.00%)$5,500312 (80.00%)$10,565
*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 4 years, on average, 13 (77.33 % of students) received grants or scholarships and its average amount is $5,859. It can cover 22.50% of tuition & fees ($26,041).

In addition, 16 (93.00 % of students) students get helped from the students loans (average amount : $11,774).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2020-216 (86%)$6,3937 (100%)$11,025
2021-2220 (59%)$5,83627 (79%)$14,050
2022-2313 (87%)$5,34715 (100%)$10,247
Average13 (77.33%)$5,85916 (93.00%)$11,774
*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 4 years, on average, 13 (77.33 % of students) received Pell (federal) grants and its average amount is $5,786.

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
2020-216 (86%)$6,2921 (14%)$608----
2021-2220 (59%)$5,836------
2022-2313 (87%)$5,2313 (20%)$507----
Average13 (77.33%)$5,7862 (17.00%)$558----
*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 4 years, on average, 16 (93.00 % of students) get any students loan help and its average loan amount is $16.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2020-217 (100%)$11,0257 (100%)$10,7912 (29%)$820
2021-2227 (79%)$14,05026 (76%)$11,22022 (65%)$3,983
2022-2315 (100%)$10,24714 (93%)$7,42512 (80%)$4,147
Average16 (93.00%)$11,77416 (89.67%)$9,81212 (58.00%)$2,983

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