Over the past 5 years (2020-2023), the average number of students who received grants aid/scholarships is 83, which is 63.00 % of all undergraduate students. 94 students which is 72.00% of undergraduate students received federal student loans and the average loan amount is $8,540.
For full-time, first-time beginning students (freshmen), 66.25% of students received grants or scholarships and 83% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Aviation Institute of Maintenance-Charlotte since 2019.
For that period, the average number of students who received grants aid/scholarships is 83, which is 63.00 % of all undergraduate students. 94 students which is 72.00% of undergraduate students received federal student loans and the average loan amount is $8,540.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2019-20 | 16 (73%) | $8,077 | 16 (73%) | $5,779 | 19 (86%) | $8,048 |
| 2020-21 | 66 (36%) | $11,749 | 45 (24%) | $5,435 | 65 (35%) | $7,614 |
| 2021-22 | 99 (55%) | $5,482 | 97 (54%) | $5,031 | 145 (81%) | $8,328 |
| 2022-23 | 149 (88%) | $3,516 | 97 (57%) | $5,120 | 145 (86%) | $10,169 |
| Average | 83 (63.00%) | $7,206 | 64 (52.00%) | $5,341 | 94 (72.00%) | $8,540 |
For the last 5 years, on average, 16 (66.25 % of students) received grants or scholarships and its average amount is $5,490. It can cover 32.96% of tuition & fees ($16,657).
In addition, 21 (83.25 % of students) students get helped from the students loans (average amount : $7,652).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2019-20 | 8 (80%) | $5,507 | 9 (90%) | $7,205 |
| 2020-21 | 25 (58%) | $6,982 | 37 (86%) | $7,576 |
| 2021-22 | 14 (67%) | $5,167 | 19 (90%) | $7,363 |
| 2022-23 | 18 (60%) | $4,305 | 20 (67%) | $8,463 |
| Average | 16 (66.25%) | $5,490 | 21 (83.25%) | $7,652 |
The following table shows the trends of grants or scholarships over time. For the last 5 years, on average, 15 (63.00 % of students) received Pell (federal) grants and its average amount is $5,265.
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2019-20 | 8 (80%) | $4,870 | 4 (40%) | $1,275 | - | - | - | - |
| 2020-21 | 25 (58%) | $5,841 | 15 (35%) | $1,902 | - | - | - | - |
| 2021-22 | 14 (67%) | $4,992 | 8 (38%) | $306 | - | - | - | - |
| 2022-23 | 14 (47%) | $5,356 | 4 (13%) | $625 | - | - | - | - |
| Average | 15 (63.00%) | $5,265 | 8 (31.50%) | $1,027 | - | - | - | - |
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 5 years, on average, 21 (83.25 % of students) get any students loan help and its average loan amount is $21.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2019-20 | 9 (90%) | $7,205 | 9 (90%) | $7,205 | - | - |
| 2020-21 | 37 (86%) | $7,576 | 37 (86%) | $7,182 | 2 (5%) | $7,280 |
| 2021-22 | 19 (90%) | $7,363 | 19 (90%) | $7,026 | 1 (5%) | $6,395 |
| 2022-23 | 20 (67%) | $8,463 | 20 (67%) | $8,463 | - | - |
| Average | 21 (83.25%) | $7,652 | 21 (83.25%) | $7,469 | 2 (5.00%) | $6,838 |
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