How Ultrasound Medical Institute'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 Ultrasound Medical Institute since 2012.

For that period, the average number of students who received grants aid/scholarships is 57, which is 68.11 % of all undergraduate students. 45 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $7,433.

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
2012-13	10 (77%)	$2,868	10 (77%)	$2,868	10 (77%)	$5,446
2013-14	16 (84%)	$4,360	16 (84%)	$4,360	16 (84%)	$4,098
2014-15	16 (73%)	$3,581	16 (73%)	$3,581	17 (77%)	$6,647
2015-16	-	-	-	-	-	-
2016-17	18 (19%)	$3,187	18 (19%)	$3,187	3 (3%)	$7,000
2017-18	56 (46%)	$9,104	52 (43%)	$5,180	38 (31%)	$5,922
2018-19	99 (62%)	$6,177	81 (51%)	$6,095	63 (39%)	$8,018
2019-20	118 (76%)	$5,987	105 (67%)	$4,629	101 (65%)	$8,365
2020-21	96 (76%)	$6,817	77 (61%)	$5,883	80 (63%)	$11,730
2021-22	84 (100%)	$5,568	77 (92%)	$5,883	80 (95%)	$9,667
Average	57 (68.11%)	$5,294	50 (63.00%)	$4,630	45 (59.33%)	$7,433

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

Overview

For the last 11 years, on average, 41 (77.56 % of students) received grants or scholarships and its average amount is $5,034. It can cover 10.10% of tuition & fees ($49,816).

In addition, 38 (75.75 % of students) students get helped from the students loans (average amount : $5,539).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2012-13	5 (83%)	$1,850	5 (83%)	$4,639
2013-14	16 (100%)	$4,360	16 (100%)	$4,098
2014-15	14 (100%)	$3,958	10 (71%)	$3,300
2015-16	-	-	-	-
2016-17	12 (17%)	$2,891	-	-
2017-18	56 (62%)	$9,104	38 (42%)	$5,922
2018-19	67 (68%)	$6,734	58 (59%)	$4,799
2019-20	107 (90%)	$5,060	96 (81%)	$5,577
2020-21	88 (78%)	$5,463	79 (70%)	$6,310
2021-22	3 (100%)	$5,883	3 (100%)	$9,667
Average	41 (77.56%)	$5,034	38 (75.75%)	$5,539

^*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 11 years, on average, 39 (75.44 % of students) received Pell (federal) grants and its average amount is $4,471.

In addition, 8 students received State/local government grants/scholarships (6.75 % 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
2012-13	5 (83%)	$1,850	-	-	-	-	-	-
2013-14	16 (100%)	$4,360	-	-	-	-	-	-
2014-15	14 (100%)	$3,958	-	-	-	-	-	-
2015-16	-	-	-	-	-	-	-	-
2016-17	12 (17%)	$2,891	-	-	-	-	-	-
2017-18	52 (58%)	$5,180	-	-	4 (4%)	$4,269	45 (50%)	$4,964
2018-19	67 (68%)	$6,095	-	-	2 (2%)	$7,851	3 (3%)	$9,035
2019-20	102 (86%)	$4,726	-	-	13 (11%)	$2,284	7 (6%)	$4,241
2020-21	76 (67%)	$5,293	28 (25%)	$931	11 (10%)	$1,842	9 (8%)	$3,574
2021-22	3 (100%)	$5,883	-	-	-	-	-	-
Average	39 (75.44%)	$4,471	28 (25.00%)	$931	8 (6.75%)	$4,062	16 (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..

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 11 years, on average, 38 (75.75 % of students) get any students loan help and its average loan amount is $38.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2012-13	5 (83%)	$4,639	5 (83%)	$4,639	-	-
2013-14	16 (100%)	$4,098	16 (100%)	$4,098	-	-
2014-15	10 (71%)	$3,300	10 (71%)	$3,300	-	-
2015-16	-	-	-	-	-	-
2016-17	-	-	-	-	-	-
2017-18	38 (42%)	$5,922	38 (42%)	$5,922	-	-
2018-19	58 (59%)	$4,799	58 (59%)	$4,799	-	-
2019-20	96 (81%)	$5,577	96 (81%)	$5,577	-	-
2020-21	79 (70%)	$6,310	79 (70%)	$6,310	-	-
2021-22	3 (100%)	$9,667	3 (100%)	$9,667	-	-
Average	38 (75.75%)	$5,539	38 (75.75%)	$5,539	-	-

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Scholarships, Grants, and Loan Trends at Ultrasound Medical Institute

All Undergraduate Students Financial Aid Over Time

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