Over the past 3 years (2022-2023), the average number of students who received grants aid/scholarships is 55, which is 49.00 % of all undergraduate students. 65 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $7,737.
For full-time, first-time beginning students (freshmen), 55.00% 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-Chicago since 2021.
For that period, the average number of students who received grants aid/scholarships is 55, which is 49.00 % of all undergraduate students. 65 students which is 80.00% of undergraduate students received federal student loans and the average loan amount is $7,737.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2021-22 | 1 (25%) | $6,495 | 1 (25%) | $6,495 | 3 (75%) | $6,763 |
| 2022-23 | 109 (73%) | $5,873 | 105 (70%) | $5,577 | 127 (85%) | $8,711 |
| Average | 55 (49.00%) | $6,184 | 53 (47.50%) | $6,036 | 65 (80.00%) | $7,737 |
For the last 3 years, on average, 20 (55.00 % of students) received grants or scholarships and its average amount is $6,521. It can cover 39.15% of tuition & fees ($16,657).
In addition, 23 (83.00 % of students) students get helped from the students loans (average amount : $7,284).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2021-22 | 1 (25%) | $6,495 | 3 (75%) | $6,763 |
| 2022-23 | 39 (85%) | $6,546 | 42 (91%) | $7,805 |
| Average | 20 (55.00%) | $6,521 | 23 (83.00%) | $7,284 |
The following table shows the trends of grants or scholarships over time. For the last 3 years, on average, 20 (54.00 % of students) received Pell (federal) grants and its average amount is $6,341.
| 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 | |
| 2021-22 | 1 (25%) | $6,495 | - | - | - | - | - | - |
| 2022-23 | 38 (83%) | $6,187 | 25 (54%) | $300 | - | - | 3 (7%) | $4,232 |
| Average | 20 (54.00%) | $6,341 | 25 (54.00%) | $300 | - | - | 3 (7.00%) | $4,232 |
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 3 years, on average, 23 (83.00 % of students) get any students loan help and its average loan amount is $23.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2021-22 | 3 (75%) | $6,763 | 3 (75%) | $6,763 | - | - |
| 2022-23 | 42 (91%) | $7,805 | 42 (91%) | $7,805 | - | - |
| Average | 23 (83.00%) | $7,284 | 23 (83.00%) | $7,284 | - | - |
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