Scholarships, Grants, and Loan Trends at Digital Media Institute

Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 31, which is 88.50 % of all undergraduate students. 16 students which is 43.00% of undergraduate students received federal student loans and the average loan amount is $6,178.
For full-time, first-time beginning students (freshmen), 93.83% of students received grants or scholarships and 90% 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 Digital Media Institute since 2016.
For that period, the average number of students who received grants aid/scholarships is 31, which is 88.50 % of all undergraduate students. 16 students which is 43.00% of undergraduate students received federal student loans and the average loan amount is $6,178.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1726 (100%)$14,773----
2017-1826 (100%)$6,9939 (35%)$3,80614 (54%)$2,896
2018-1939 (100%)$6,44213 (33%)$3,84019 (49%)$7,205
2019-2023 (72%)$9,42313 (41%)$4,27310 (31%)$6,700
2020-2129 (59%)$14,51814 (29%)$5,31714 (29%)$9,321
2021-2242 (100%)$6,00019 (45%)$4,14022 (52%)$4,770
Average31 (88.50%)$9,69214 (36.60%)$4,27516 (43.00%)$6,178

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

For the last 7 years, on average, 10 (93.83 % of students) received grants or scholarships and its average amount is $10,448. It can cover 35.64% of tuition & fees ($29,314).
In addition, 10 (90.40 % of students) students get helped from the students loans (average amount : $6,463).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-179 (100%)$16,601--
2017-184 (100%)$12,3144 (100%)$7,237
2018-1920 (100%)$11,76819 (95%)$7,205
2019-204 (100%)$9,9344 (100%)$5,500
2020-215 (63%)$4,1465 (63%)$6,200
2021-2218 (100%)$7,92417 (94%)$6,171
Average10 (93.83%)$10,44810 (90.40%)$6,463
*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 7 years, on average, 7 (66.60 % of students) received Pell (federal) grants and its average amount is $4,533.
In addition, 4 students received State/local government grants/scholarships (37.50 % 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
2016-17------9 (100%)$16,601
2017-182 (50%)$4,015--2 (50%)$3,1744 (100%)$8,720
2018-199 (45%)$5,003--5 (25%)$3,09520 (100%)$8,743
2019-203 (75%)$5,245----4 (100%)$6,000
2020-215 (63%)$4,146------
2021-2218 (100%)$4,258----18 (100%)$3,667
Average7 (66.60%)$4,533--4 (37.50%)$3,13511 (100.00%)$8,746
*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 7 years, on average, 10 (90.40 % of students) get any students loan help and its average loan amount is $10.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-17------
2017-184 (100%)$7,2374 (100%)$7,237--
2018-1919 (95%)$7,20519 (95%)$7,205--
2019-204 (100%)$5,5004 (100%)$5,500--
2020-215 (63%)$6,2005 (63%)$6,200--
2021-2217 (94%)$6,17117 (94%)$6,171--
Average10 (90.40%)$6,46310 (90.40%)$6,463--
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