Scholarships, Grants, and Loan Trends at Ultrasound Medical Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 63, which is 67.00 % of all undergraduate students. 50 students which is 57.13% of undergraduate students received federal student loans and the average loan amount is $7,681.
For full-time, first-time beginning students (freshmen), 76.88% of students received grants or scholarships and 75% 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 Ultrasound Medical Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 63, which is 67.00 % of all undergraduate students. 50 students which is 57.13% of undergraduate students received federal student loans and the average loan amount is $7,681.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1416 (84%)$4,36016 (84%)$4,36016 (84%)$4,098
2014-1516 (73%)$3,58116 (73%)$3,58117 (77%)$6,647
2015-16--
2016-1718 (19%)$3,18718 (19%)$3,1873 (3%)$7,000
2017-1856 (46%)$9,10452 (43%)$5,18038 (31%)$5,922
2018-1999 (62%)$6,17781 (51%)$6,09563 (39%)$8,018
2019-20118 (76%)$5,987105 (67%)$4,629101 (65%)$8,365
2020-2196 (76%)$6,81777 (61%)$5,88380 (63%)$11,730
2021-2284 (100%)$5,56877 (92%)$5,88380 (95%)$9,667
Average63 (67.00%)$5,59855 (61.25%)$4,85050 (57.13%)$7,681

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

For the last 10 years, on average, 45 (76.88 % of students) received grants or scholarships and its average amount is $5,432. It can cover 10.90% of tuition & fees ($49,816).
In addition, 43 (74.71 % of students) students get helped from the students loans (average amount : $5,668).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1416 (100%)$4,36016 (100%)$4,098
2014-1514 (100%)$3,95810 (71%)$3,300
2015-16--
2016-1712 (17%)$2,891--
2017-1856 (62%)$9,10438 (42%)$5,922
2018-1967 (68%)$6,73458 (59%)$4,799
2019-20107 (90%)$5,06096 (81%)$5,577
2020-2188 (78%)$5,46379 (70%)$6,310
2021-223 (100%)$5,8833 (100%)$9,667
Average45 (76.88%)$5,43243 (74.71%)$5,668
*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 10 years, on average, 43 (74.50 % of students) received Pell (federal) grants and its average amount is $4,798.
In addition, 8 students received State/local government grants/scholarships (6.75 % 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
2013-1416 (100%)$4,360------
2014-1514 (100%)$3,958------
2015-16--
2016-1712 (17%)$2,891------
2017-1852 (58%)$5,180--4 (4%)$4,26945 (50%)$4,964
2018-1967 (68%)$6,095--2 (2%)$7,8513 (3%)$9,035
2019-20102 (86%)$4,726--13 (11%)$2,2847 (6%)$4,241
2020-2176 (67%)$5,29328 (25%)$93111 (10%)$1,8429 (8%)$3,574
2021-223 (100%)$5,883------
Average43 (74.50%)$4,79828 (25.00%)$9318 (6.75%)$4,06216 (16.75%)$5,454
*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 10 years, on average, 43 (74.71 % of students) get any students loan help and its average loan amount is $43.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1416 (100%)$4,09816 (100%)$4,098--
2014-1510 (71%)$3,30010 (71%)$3,300--
2015-16--
2016-17------
2017-1838 (42%)$5,92238 (42%)$5,922--
2018-1958 (59%)$4,79958 (59%)$4,799--
2019-2096 (81%)$5,57796 (81%)$5,577--
2020-2179 (70%)$6,31079 (70%)$6,310--
2021-223 (100%)$9,6673 (100%)$9,667--
Average43 (74.71%)$5,66843 (74.71%)$5,668--
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