Scholarships, Grants, and Loan Trends at Advantage Career Institute

14%

Received Percent Changed

-$1,624

Received Amount Changes

Over the past 7 years (2018-2023), the average number of students who received grants aid/scholarships is 90, which is 29.67 % of all undergraduate students. 63 students which is 21.83% of undergraduate students received federal student loans and the average loan amount is $4,515.

For full-time, first-time beginning students (freshmen), 41.33% of students received grants or scholarships and 33% 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 Advantage Career Institute since 2017.

For that period, the average number of students who received grants aid/scholarships is 90, which is 29.67 % of all undergraduate students. 63 students which is 21.83% of undergraduate students received federal student loans and the average loan amount is $4,515.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-1886 (27%)$5,500--7 (2%)$4,856
2018-1944 (17%)$5,045--55 (21%)$4,477
2019-2037 (17%)$5,000--59 (26%)$4,480
2020-21135 (36%)$5,96273 (19%)$3,58196 (26%)$4,480
2021-22132 (40%)$3,629107 (32%)$2,80388 (27%)$4,240
2022-23104 (41%)$3,87677 (30%)$3,38874 (29%)$4,558
Average90 (29.67%)$4,83586 (27.00%)$3,25763 (21.83%)$4,515
*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 7 years, on average, 83 (41.33 % of students) received grants or scholarships and its average amount is $4,977. It can cover 37.24% of tuition & fees ($13,364).

In addition, 65 (33.00 % of students) students get helped from the students loans (average amount : $4,553).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-1886 (42%)$5,50027 (13%)$4,815
2018-1944 (23%)$5,04556 (29%)$4,478
2019-2037 (21%)$5,00059 (34%)$4,480
2020-21135 (50%)$5,83496 (36%)$4,480
2021-22107 (57%)$4,46588 (47%)$4,211
2022-2388 (55%)$4,01762 (39%)$4,852
Average83 (41.33%)$4,97765 (33.00%)$4,553
*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 7 years, on average, 86 (44.00 % of students) received Pell (federal) grants and its average amount is $3,257.

In addition, 49 students received State/local government grants/scholarships (23.50 % 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
2017-18----86 (42%)$5,500--
2018-19----44 (23%)$5,045--
2019-20----37 (21%)$5,000--
2020-2173 (27%)$3,581--76 (28%)$4,86842 (16%)$3,718
2021-22107 (57%)$2,803--31 (16%)$5,2184 (2%)$3,996
2022-2377 (48%)$3,388--17 (11%)$3,5698 (5%)$3,989
Average86 (44.00%)$3,257--49 (23.50%)$4,86718 (7.67%)$3,901
*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 7 years, on average, 65 (33.00 % of students) get any students loan help and its average loan amount is $65.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2017-1827 (13%)$4,8157 (3%)$4,85620 (10%)$4,800
2018-1956 (29%)$4,47855 (28%)$4,4771 (1%)$4,500
2019-2059 (34%)$4,48059 (34%)$4,480--
2020-2196 (36%)$4,48096 (36%)$4,480--
2021-2288 (47%)$4,21188 (47%)$4,211--
2022-2362 (39%)$4,85262 (39%)$4,7602 (1%)$2,859
Average65 (33.00%)$4,55361 (31.17%)$4,5448 (4.00%)$4,053

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