Scholarships, Grants, and Loan Trends at North American

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 327, which is 94.36 % of all undergraduate students. 104 students which is 30.73% of undergraduate students received federal student loans and the average loan amount is $5,651.
For full-time, first-time beginning students (freshmen), 97.36% of students received grants or scholarships and 40% 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 North American University since 2011.
For that period, the average number of students who received grants aid/scholarships is 327, which is 94.36 % of all undergraduate students. 104 students which is 30.73% of undergraduate students received federal student loans and the average loan amount is $5,651.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12165 (100%)$11,70589 (54%)$4,67680 (48%)$5,096
2012-13303 (100%)$10,570130 (43%)$4,584119 (39%)$5,590
2013-14346 (99%)$10,961141 (40%)$4,804120 (34%)$5,998
2014-15414 (98%)$8,172145 (34%)$4,602123 (29%)$5,578
2015-16469 (98%)$8,967162 (34%)$4,893110 (23%)$5,670
2016-17425 (97%)$9,040154 (35%)$4,81696 (22%)$5,359
2017-18296 (94%)$7,821105 (33%)$4,86660 (19%)$5,868
2018-19254 (91%)$7,53097 (35%)$4,97363 (23%)$5,202
2019-20213 (78%)$6,60886 (32%)$5,42261 (22%)$5,150
2020-21340 (88%)$8,224153 (40%)$4,670128 (33%)$5,917
2021-22377 (95%)$12,462215 (54%)$5,816182 (46%)$6,728
Average327 (94.36%)$9,278134 (39.45%)$4,920104 (30.73%)$5,651

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

For the last 12 years, on average, 89 (97.36 % of students) received grants or scholarships and its average amount is $9,204. It can cover 71.71% of tuition & fees ($12,836).
In addition, 37 (39.73 % of students) students get helped from the students loans (average amount : $5,263).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12138 (100%)$9,92976 (55%)$5,176
2012-13124 (100%)$7,73442 (34%)$5,789
2013-1479 (99%)$9,75635 (44%)$5,331
2014-1587 (100%)$8,12632 (37%)$4,973
2015-16111 (100%)$10,52432 (29%)$4,958
2016-1792 (98%)$9,65728 (30%)$4,991
2017-1849 (98%)$7,79423 (46%)$5,533
2018-1955 (96%)$8,52623 (40%)$5,126
2019-2047 (96%)$12,55513 (27%)$5,841
2020-21111 (90%)$7,44657 (46%)$5,212
2021-2284 (94%)$9,20244 (49%)$4,960
Average89 (97.36%)$9,20437 (39.73%)$5,263
*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 12 years, on average, 46 (51.82 % of students) received Pell (federal) grants and its average amount is $5,060.
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
2011-1282 (59%)$4,730----138 (100%)$7,119
2012-1348 (39%)$4,815----124 (100%)$5,870
2013-1439 (49%)$5,2156 (8%)$500--79 (99%)$7,143
2014-1540 (46%)$4,343----87 (100%)$6,129
2015-1655 (50%)$5,08437 (33%)$115--111 (100%)$7,966
2016-1746 (49%)$4,9633 (3%)$305--92 (98%)$7,165
2017-1831 (62%)$5,15922 (44%)$182--49 (98%)$4,449
2018-1936 (63%)$5,18328 (49%)$263--55 (96%)$5,000
2019-2023 (47%)$6,08125 (51%)$857--45 (92%)$9,529
2020-2159 (48%)$4,81939 (31%)$100--100 (81%)$5,383
2021-2252 (58%)$5,27134 (38%)$118--73 (82%)$6,779
Average46 (51.82%)$5,06024 (32.13%)$305--87 (95.09%)$6,594
*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 12 years, on average, 37 (39.73 % of students) get any students loan help and its average loan amount is $37.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1276 (55%)$5,17676 (55%)$5,176--
2012-1342 (34%)$5,78942 (34%)$5,789--
2013-1435 (44%)$5,33135 (44%)$5,331--
2014-1532 (37%)$4,97332 (37%)$4,973--
2015-1632 (29%)$4,95832 (29%)$4,958--
2016-1728 (30%)$4,99128 (30%)$4,991--
2017-1823 (46%)$5,53323 (46%)$5,533--
2018-1923 (40%)$5,12623 (40%)$5,126--
2019-2013 (27%)$5,84113 (27%)$5,841--
2020-2157 (46%)$5,21257 (46%)$5,212--
2021-2244 (49%)$4,96044 (49%)$4,960--
Average37 (39.73%)$5,26337 (39.73%)$5,263--
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