How Mount Ida's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mount Ida College since 2011.

For that period, the average number of students who received grants aid/scholarships is 1,239, which is 92.67 % of all undergraduate students. 1,028 students which is 76.83% of undergraduate students received federal student loans and the average loan amount is $7,020.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	1,288 (91%)	$12,061	512 (36%)	$4,165	1,099 (78%)	$6,989
2012-13	1,260 (92%)	$12,413	537 (39%)	$4,129	1,059 (77%)	$7,353
2013-14	1,158 (91%)	$13,698	479 (38%)	$4,134	978 (77%)	$7,333
2014-15	1,195 (93%)	$15,508	481 (37%)	$4,191	985 (76%)	$6,894
2015-16	1,244 (94%)	$18,715	504 (38%)	$4,346	1,006 (76%)	$6,727
2016-17	1,288 (95%)	$19,772	496 (37%)	$4,322	1,042 (77%)	$6,822
Average	1,239 (92.67%)	$15,361	502 (37.50%)	$4,215	1,028 (76.83%)	$7,020

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

Overview

For the last 7 years, on average, 348 (97.67 % of students) received grants or scholarships and its average amount is $17,066. It can cover 47.78% of tuition & fees ($35,720).

In addition, 294 (82.50 % of students) students get helped from the students loans (average amount : $9,968).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	360 (97%)	$14,425	311 (84%)	$9,791
2012-13	308 (97%)	$12,454	255 (81%)	$10,165
2013-14	298 (97%)	$16,291	248 (81%)	$9,927
2014-15	354 (99%)	$16,968	298 (83%)	$10,286
2015-16	422 (98%)	$21,173	361 (84%)	$9,647
2016-17	345 (98%)	$21,083	288 (82%)	$9,992
Average	348 (97.67%)	$17,066	294 (82.50%)	$9,968

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 151 (42.50 % of students) received Pell (federal) grants and its average amount is $4,261.

In addition, 109 students received State/local government grants/scholarships (30.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	164 (44%)	$4,432	30 (8%)	$2,937	117 (32%)	$1,840	359 (97%)	$11,595
2012-13	151 (48%)	$3,982	31 (10%)	$2,979	85 (27%)	$1,836	302 (96%)	$9,888
2013-14	131 (43%)	$4,176	33 (11%)	$3,078	93 (30%)	$1,751	297 (97%)	$13,613
2014-15	148 (41%)	$4,193	22 (6%)	$2,836	117 (33%)	$2,698	351 (98%)	$14,268
2015-16	179 (42%)	$4,360	43 (10%)	$2,935	135 (31%)	$3,361	421 (98%)	$17,992
2016-17	130 (37%)	$4,424	19 (5%)	$3,579	109 (31%)	$3,602	345 (98%)	$18,081
Average	151 (42.50%)	$4,261	30 (8.33%)	$3,057	109 (30.67%)	$2,515	346 (97.33%)	$14,240

^*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..

Student Loans

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, 294 (82.50 % of students) get any students loan help and its average loan amount is $294.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	311 (84%)	$9,791	310 (84%)	$5,731	93 (25%)	$13,639
2012-13	255 (81%)	$10,165	253 (80%)	$6,021	84 (27%)	$12,725
2013-14	248 (81%)	$9,927	246 (80%)	$6,015	70 (23%)	$14,031
2014-15	298 (83%)	$10,286	297 (83%)	$5,685	91 (25%)	$15,130
2015-16	361 (84%)	$9,647	360 (84%)	$5,472	104 (24%)	$14,544
2016-17	288 (82%)	$9,992	286 (81%)	$5,516	84 (24%)	$15,475
Average	294 (82.50%)	$9,968	292 (82.00%)	$5,740	88 (24.67%)	$14,257

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Scholarships, Grants, and Loan Trends at Mount Ida

All Undergraduate Students Financial Aid Over Time

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