Scholarships, Grants, and Loan Trends at CAAN Academy of Nursing

Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 56, which is 62.57 % of all undergraduate students. 58 students which is 63.71% of undergraduate students received federal student loans and the average loan amount is $4,364.
For full-time, first-time beginning students (freshmen), 87.60% of students received grants or scholarships and 77% 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 CAAN Academy of Nursing since 2015.
For that period, the average number of students who received grants aid/scholarships is 56, which is 62.57 % of all undergraduate students. 58 students which is 63.71% of undergraduate students received federal student loans and the average loan amount is $4,364.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-163 (15%)$4,4493 (15%)$4,4493 (15%)$4,779
2016-1751 (81%)$5,56742 (67%)$4,88244 (70%)$4,793
2017-1869 (78%)$8,78367 (76%)$3,20168 (77%)$5,758
2018-19104 (89%)$2,491104 (89%)$2,164109 (93%)$3,560
2019-2075 (82%)$4,14770 (77%)$2,68079 (87%)$3,933
2020-2147 (48%)$7,55947 (48%)$3,07840 (41%)$5,265
2021-2245 (45%)$8,02245 (45%)$8,02263 (63%)$2,461
Average56 (62.57%)$5,86054 (59.57%)$4,06858 (63.71%)$4,364

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

For the last 8 years, on average, 60 (87.60 % of students) received grants or scholarships and its average amount is $3,367. It can cover 15.88% of tuition & fees ($21,200).
In addition, 60 (77.00 % of students) students get helped from the students loans (average amount : $4,013).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-16----
2016-1751 (81%)$4,02144 (70%)$4,793
2017-1869 (78%)$3,69168 (77%)$5,758
2018-19104 (93%)$2,491109 (97%)$3,560
2019-2075 (86%)$4,14779 (91%)$3,933
2020-212 (100%)$2,4841 (50%)$2,022
2021-22----
Average60 (87.60%)$3,36760 (77.00%)$4,013
*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 8 years, on average, 57 (83.20 % of students) received Pell (federal) grants and its average amount is $2,707.
In addition, 10 students received State/local government grants/scholarships (11.75 % 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
2015-16--------
2016-1742 (67%)$3,005--10 (16%)$7,884--
2017-1867 (76%)$3,201--6 (7%)$6,1743 (3%)$1,050
2018-19104 (93%)$2,164--7 (6%)$4,5492 (2%)$1,050
2019-2070 (80%)$2,680--16 (18%)$7,713--
2020-212 (100%)$2,484------
2021-22--------
Average57 (83.20%)$2,707--10 (11.75%)$6,5803 (2.50%)$1,050
*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 8 years, on average, 60 (77.00 % of students) get any students loan help and its average loan amount is $60.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-16------
2016-1744 (70%)$4,79344 (70%)$4,793--
2017-1868 (77%)$5,75868 (77%)$5,758--
2018-19109 (97%)$3,560109 (97%)$3,560--
2019-2079 (91%)$3,93379 (91%)$3,933--
2020-211 (50%)$2,0221 (50%)$2,022--
2021-22------
Average60 (77.00%)$4,01360 (77.00%)$4,013--
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