Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 789, which is 96.67 % of all undergraduate students.
For full-time, first-time beginning students (freshmen), 97.11% of students received grants or scholarships and 0% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Summit Academy Opportunities Industrialization Center since 2014.
For that period, the average number of students who received grants aid/scholarships is 789, which is 96.67 % of all undergraduate students.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 438 (72%) | $5,184 | 286 (47%) | $3,477 | - | - |
| 2015-16 | 634 (100%) | $4,024 | 275 (43%) | $3,081 | - | - |
| 2016-17 | 885 (100%) | $4,668 | 477 (54%) | $3,125 | - | - |
| 2017-18 | 876 (100%) | $5,849 | 504 (58%) | $3,556 | - | - |
| 2018-19 | 871 (100%) | $5,996 | 513 (59%) | $3,615 | - | - |
| 2019-20 | 939 (100%) | $6,537 | 553 (59%) | $3,357 | - | - |
| 2020-21 | 711 (100%) | $5,469 | 421 (59%) | $2,904 | - | - |
| 2021-22 | 890 (98%) | $5,569 | 509 (56%) | $2,984 | - | - |
| 2022-23 | 854 (100%) | $5,661 | 388 (45%) | $3,870 | - | - |
| Average | 789 (96.67%) | $5,440 | 436 (53.33%) | $3,330 | - | - |
For the last 10 years, on average, 481 (97.11 % of students) received grants or scholarships and its average amount is $5,305. It can cover 71.60% of tuition & fees ($7,410).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 143 (74%) | $5,160 | - | - |
| 2015-16 | 212 (100%) | $4,256 | - | - |
| 2016-17 | 507 (100%) | $4,651 | - | - |
| 2017-18 | 461 (100%) | $5,839 | - | - |
| 2018-19 | 500 (100%) | $5,832 | - | - |
| 2019-20 | 768 (100%) | $5,542 | - | - |
| 2020-21 | 513 (100%) | $5,489 | - | - |
| 2021-22 | 680 (100%) | $5,536 | - | - |
| 2022-23 | 547 (100%) | $5,443 | - | - |
| Average | 481 (97.11%) | $5,305 | - | - |
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 297 (59.67 % of students) received Pell (federal) grants and its average amount is $3,207.
In addition, 308 students received State/local government grants/scholarships (60.22 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2014-15 | 108 (56%) | $3,551 | 106 (55%) | $152 | 88 (46%) | $824 | 129 (67%) | $2,060 |
| 2015-16 | 94 (44%) | $3,205 | 93 (44%) | $157 | 77 (36%) | $983 | 212 (100%) | $2,409 |
| 2016-17 | 299 (59%) | $3,128 | 299 (59%) | $85 | 267 (53%) | $1,155 | 499 (98%) | $2,183 |
| 2017-18 | 310 (67%) | $3,643 | 291 (63%) | $109 | 292 (63%) | $1,285 | 460 (100%) | $2,511 |
| 2018-19 | 329 (66%) | $3,608 | 318 (64%) | $88 | 321 (64%) | $1,498 | 499 (100%) | $2,445 |
| 2019-20 | 465 (61%) | $3,372 | 460 (60%) | $96 | 462 (60%) | $1,430 | 688 (90%) | $2,884 |
| 2020-21 | 324 (63%) | $2,965 | 324 (63%) | $81 | 307 (60%) | $1,315 | 498 (97%) | $2,862 |
| 2021-22 | 416 (61%) | $3,008 | 403 (59%) | $77 | 410 (60%) | $1,330 | 671 (99%) | $2,887 |
| 2022-23 | 328 (60%) | $2,386 | 328 (60%) | $100 | 547 (100%) | $1,817 | 547 (100%) | $2,136 |
| Average | 297 (59.67%) | $3,207 | 291 (58.56%) | $105 | 308 (60.22%) | $1,293 | 467 (94.56%) | $2,486 |
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