Scholarships, Grants, and Loan Trends at Praxis Institute

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 345, which is 78.55 % of all undergraduate students. 320 students which is 73.09% of undergraduate students received federal student loans and the average loan amount is $4,080.
For full-time, first-time beginning students (freshmen), 77.27% of students received grants or scholarships and 74% 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 Praxis Institute since 2011.
For that period, the average number of students who received grants aid/scholarships is 345, which is 78.55 % of all undergraduate students. 320 students which is 73.09% of undergraduate students received federal student loans and the average loan amount is $4,080.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12368 (85%)$2,500323 (75%)$2,500336 (78%)$4,150
2012-13369 (84%)$2,500318 (72%)$2,500318 (72%)$4,150
2013-14321 (75%)$2,500284 (66%)$2,500284 (66%)$2,500
2014-15316 (75%)$2,500284 (67%)$2,589310 (74%)$4,750
2015-16324 (76%)$2,500286 (67%)$2,600320 (75%)$4,750
2016-17330 (76%)$2,500281 (65%)$2,702310 (71%)$4,750
2017-18355 (75%)$2,773295 (62%)$2,805320 (68%)$4,760
2018-19345 (72%)$3,011310 (65%)$2,611310 (65%)$4,582
2019-20358 (86%)$4,480350 (84%)$2,306350 (84%)$3,257
2020-21359 (84%)$4,612340 (80%)$2,574340 (80%)$3,344
2021-22345 (76%)$3,291322 (71%)$2,663322 (71%)$3,889
Average345 (78.55%)$3,015308 (70.36%)$2,577320 (73.09%)$4,080

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

For the last 12 years, on average, 307 (77.27 % of students) received grants or scholarships and its average amount is $2,701. It can cover 31.77% of tuition & fees ($8,500).
In addition, 297 (74.45 % of students) students get helped from the students loans (average amount : $4,016).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12323 (75%)$2,624336 (78%)$4,150
2012-13326 (74%)$2,549318 (72%)$4,150
2013-14277 (73%)$2,574171 (45%)$4,150
2014-15278 (75%)$2,660292 (78%)$4,150
2015-16280 (73%)$2,693280 (73%)$4,446
2016-17285 (75%)$2,692285 (75%)$4,440
2017-18300 (73%)$2,695290 (70%)$4,440
2018-19301 (71%)$2,512301 (71%)$4,130
2019-20350 (86%)$2,847343 (84%)$3,322
2020-21340 (86%)$2,831334 (84%)$3,312
2021-22322 (89%)$3,029320 (89%)$3,485
Average307 (77.27%)$2,701297 (74.45%)$4,016
*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, 300 (75.36 % of students) received Pell (federal) grants and its average amount is $2,490.
In addition, 337 students received State/local government grants/scholarships (87.00 % 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
2011-12323 (75%)$2,500----200 (46%)$200
2012-13318 (72%)$2,500----180 (41%)$200
2013-14271 (71%)$2,500----170 (45%)$208
2014-15270 (73%)$2,613----170 (46%)$200
2015-16271 (71%)$2,650----180 (47%)$200
2016-17275 (72%)$2,652----190 (50%)$200
2017-18289 (70%)$2,652----210 (51%)$200
2018-19290 (69%)$2,469----200 (47%)$200
2019-20344 (84%)$2,292--350 (86%)$474200 (49%)$210
2020-21336 (85%)$2,301--340 (86%)$451180 (45%)$200
2021-22312 (87%)$2,263--322 (89%)$700200 (56%)$220
Average300 (75.36%)$2,490--337 (87.00%)$542189 (47.55%)$203
*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, 297 (74.45 % of students) get any students loan help and its average loan amount is $297.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12336 (78%)$4,150336 (78%)$4,150--
2012-13318 (72%)$4,150318 (72%)$4,150--
2013-14171 (45%)$4,150171 (45%)$4,150--
2014-15292 (78%)$4,150292 (78%)$4,150--
2015-16280 (73%)$4,446280 (73%)$4,446--
2016-17285 (75%)$4,440285 (75%)$4,440--
2017-18290 (70%)$4,440290 (70%)$4,440--
2018-19301 (71%)$4,130301 (71%)$4,130--
2019-20343 (84%)$3,322343 (84%)$3,322--
2020-21334 (84%)$3,312334 (84%)$3,312--
2021-22320 (89%)$3,485320 (89%)$3,485--
Average297 (74.45%)$4,016297 (74.45%)$4,016--
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