Scholarships, Grants, and Loan Trends at AIC

1%

Received Percent Changed

$10,295

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,300, which is 95.56 % of all undergraduate students. 1,121 students which is 82.56% of undergraduate students received federal student loans and the average loan amount is $7,387.

For full-time, first-time beginning students (freshmen), 98.00% of students received grants or scholarships and 84% 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 American International College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,300, which is 95.56 % of all undergraduate students. 1,121 students which is 82.56% of undergraduate students received federal student loans and the average loan amount is $7,387.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,404 (95%)$21,622764 (52%)$4,3841,248 (85%)$8,026
2015-161,413 (95%)$22,473746 (50%)$4,2661,276 (86%)$7,606
2016-171,336 (94%)$23,127680 (48%)$4,4371,174 (83%)$7,714
2017-181,304 (97%)$24,107712 (53%)$4,4381,115 (83%)$7,385
2018-191,275 (95%)$25,243667 (50%)$4,5981,082 (81%)$7,383
2019-201,301 (97%)$26,091745 (56%)$4,5821,175 (88%)$7,385
2020-211,313 (95%)$27,806688 (50%)$4,8561,044 (76%)$7,224
2021-221,236 (96%)$30,064670 (52%)$4,8081,032 (80%)$6,943
2022-231,117 (96%)$31,917584 (50%)$5,077940 (81%)$6,819
Average1,300 (95.56%)$25,828695 (51.22%)$4,6051,121 (82.56%)$7,387
*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, 334 (98.00 % of students) received grants or scholarships and its average amount is $28,889. It can cover 65.31% of tuition & fees ($44,230).

In addition, 288 (84.44 % of students) students get helped from the students loans (average amount : $8,002).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15302 (98%)$23,033269 (87%)$7,887
2015-16337 (100%)$25,402297 (88%)$7,719
2016-17320 (100%)$26,955284 (89%)$9,426
2017-18367 (100%)$26,704312 (85%)$7,409
2018-19344 (100%)$28,462294 (85%)$7,863
2019-20350 (93%)$30,670317 (84%)$8,666
2020-21325 (98%)$29,701245 (74%)$8,293
2021-22338 (95%)$35,061300 (84%)$7,543
2022-23324 (98%)$34,009276 (84%)$7,210
Average334 (98.00%)$28,889288 (84.44%)$8,002
*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, 185 (54.11 % of students) received Pell (federal) grants and its average amount is $4,787.

In addition, 100 students received State/local government grants/scholarships (29.22 % 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
2014-15167 (54%)$4,67757 (19%)$1,80487 (28%)$2,106302 (98%)$19,500
2015-16183 (54%)$4,54946 (14%)$2,08291 (27%)$1,976337 (100%)$22,114
2016-17191 (60%)$4,55934 (11%)$1,84282 (26%)$1,816320 (100%)$23,573
2017-18198 (54%)$4,52635 (10%)$2,236112 (31%)$1,739367 (100%)$23,519
2018-19179 (52%)$4,88099 (29%)$1,890126 (37%)$1,768344 (100%)$24,732
2019-20198 (52%)$4,88089 (24%)$1,893128 (34%)$1,768350 (93%)$26,781
2020-21176 (53%)$4,91022 (7%)$2,42390 (27%)$2,113325 (98%)$26,293
2021-22201 (56%)$4,88549 (14%)$2,78798 (27%)$2,871338 (95%)$30,919
2022-23170 (52%)$5,21625 (8%)$2,33785 (26%)$3,536324 (98%)$30,164
Average185 (54.11%)$4,78751 (15.11%)$2,144100 (29.22%)$2,188334 (98.00%)$25,288
*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, 288 (84.44 % of students) get any students loan help and its average loan amount is $288.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15269 (87%)$7,887269 (87%)$6,73930 (10%)$10,297
2015-16297 (88%)$7,719297 (88%)$5,90142 (12%)$12,860
2016-17284 (89%)$9,426284 (89%)$7,80138 (12%)$12,144
2017-18312 (85%)$7,409309 (84%)$5,72240 (11%)$13,589
2018-19294 (85%)$7,863294 (85%)$5,60945 (13%)$14,727
2019-20317 (84%)$8,666317 (84%)$6,06055 (15%)$15,022
2020-21245 (74%)$8,293243 (73%)$5,54648 (14%)$14,250
2021-22300 (84%)$7,543297 (83%)$5,58539 (11%)$15,495
2022-23276 (84%)$7,210276 (84%)$5,55935 (11%)$13,018
Average288 (84.44%)$8,002287 (84.11%)$6,05841 (12.11%)$13,489

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