Scholarships, Grants, and Loan Trends at AWI

15%

Received Percent Changed

$3,697

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 54, which is 65.67 % of all undergraduate students. 45 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $5,782.

For full-time, first-time beginning students (freshmen), 69.78% of students received grants or scholarships and 64% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Advanced Welding Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 54, which is 65.67 % of all undergraduate students. 45 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $5,782.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1544 (54%)$6,71233 (40%)$4,76144 (54%)$6,984
2015-1648 (62%)$6,31637 (48%)$3,70247 (61%)$6,144
2016-1748 (86%)$6,91224 (43%)$4,80935 (63%)$6,228
2017-1847 (60%)$6,18526 (33%)$3,77743 (55%)$5,800
2018-1933 (43%)$10,23221 (28%)$3,24031 (41%)$5,133
2019-2051 (82%)$8,85731 (50%)$4,24536 (58%)$5,740
2020-2159 (69%)$10,65437 (44%)$4,25554 (64%)$5,759
2021-2270 (66%)$10,44834 (32%)$4,36454 (51%)$5,313
2022-2383 (69%)$10,40948 (40%)$4,95762 (52%)$4,934
Average54 (65.67%)$8,52532 (39.78%)$4,23445 (55.44%)$5,782
*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.

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

For the last 10 years, on average, 44 (69.78 % of students) received grants or scholarships and its average amount is $7,883. It can cover 35.03% of tuition & fees ($22,500).

In addition, 40 (64.00 % of students) students get helped from the students loans (average amount : $8,919).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1533 (57%)$6,22937 (64%)$11,755
2015-1641 (75%)$6,92345 (82%)$9,779
2016-1736 (82%)$6,16831 (70%)$8,641
2017-1838 (58%)$5,40638 (58%)$10,869
2018-1933 (63%)$6,86934 (65%)$5,448
2019-2043 (96%)$8,91932 (71%)$8,676
2020-2151 (67%)$11,73848 (63%)$10,804
2021-2262 (65%)$7,27847 (49%)$7,072
2022-2361 (65%)$11,41351 (54%)$7,227
Average44 (69.78%)$7,88340 (64.00%)$8,919
*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, 27 (42.78 % of students) received Pell (federal) grants and its average amount is $4,332.

In addition, 34 students received State/local government grants/scholarships (51.11 % 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
2014-1526 (45%)$4,8264 (7%)$3,84623 (40%)$2,813--
2015-1635 (64%)$3,5345 (9%)$4,90024 (44%)$5,5402 (4%)$1,338
2016-1717 (39%)$4,92213 (30%)$6,82016 (36%)$3,108--
2017-1819 (29%)$4,000--24 (37%)$5,392--
2018-1921 (40%)$3,240--28 (54%)$5,665--
2019-2024 (53%)$4,460--31 (69%)$8,919--
2020-2132 (42%)$4,451--51 (67%)$8,945--
2021-2231 (33%)$4,469--57 (60%)$5,486--
2022-2338 (40%)$5,089--50 (53%)$10,056--
Average27 (42.78%)$4,3327 (15.33%)$5,18934 (51.11%)$6,2142 (4.00%)$1,338
*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, 40 (64.00 % of students) get any students loan help and its average loan amount is $40.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1537 (64%)$11,75533 (57%)$6,61115 (26%)$14,451
2015-1645 (82%)$9,77941 (75%)$5,77414 (25%)$14,524
2016-1731 (70%)$8,64129 (66%)$6,1707 (16%)$12,704
2017-1838 (58%)$10,86936 (55%)$6,07313 (20%)$14,953
2018-1934 (65%)$5,44831 (60%)$5,13317 (33%)$1,536
2019-2032 (71%)$8,67628 (62%)$7,3804 (9%)$17,750
2020-2148 (63%)$10,80447 (62%)$5,85913 (17%)$18,709
2021-2247 (49%)$7,07247 (49%)$4,9685 (5%)$19,777
2022-2351 (54%)$7,22747 (50%)$5,1447 (7%)$18,120
Average40 (64.00%)$8,91938 (59.56%)$5,90111 (17.56%)$14,725

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