Scholarships, Grants, and Loan Trends at Arizona Culinary Institute

3%

Received Percent Changed

$648

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 134, which is 70.78 % of all undergraduate students. 93 students which is 49.67% of undergraduate students received federal student loans and the average loan amount is $6,717.

For full-time, first-time beginning students (freshmen), 78.67% of students received grants or scholarships and 62% 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 Arizona Culinary Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 134, which is 70.78 % of all undergraduate students. 93 students which is 49.67% of undergraduate students received federal student loans and the average loan amount is $6,717.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15104 (59%)$4,39262 (35%)$3,735104 (59%)$6,443
2015-16145 (95%)$6,24986 (57%)$3,84999 (65%)$7,759
2016-17102 (80%)$7,55062 (48%)$4,42772 (56%)$7,618
2017-18132 (84%)$6,20671 (45%)$5,07589 (57%)$7,536
2018-19138 (64%)$5,10275 (35%)$4,13291 (43%)$6,200
2019-20155 (70%)$5,15576 (34%)$3,770111 (50%)$6,189
2020-21163 (69%)$4,63572 (31%)$4,40872 (31%)$6,514
2021-22135 (54%)$4,15269 (28%)$3,88599 (40%)$6,248
2022-23135 (62%)$5,04083 (38%)$4,170100 (46%)$5,942
Average134 (70.78%)$5,38773 (39.00%)$4,16193 (49.67%)$6,717
*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, 60 (78.67 % of students) received grants or scholarships and its average amount is $5,650. It can cover 20.40% of tuition & fees ($27,695).

In addition, 47 (61.67 % of students) students get helped from the students loans (average amount : $8,853).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1546 (77%)$4,03845 (75%)$8,302
2015-1655 (90%)$6,41543 (70%)$8,997
2016-1746 (92%)$6,74530 (60%)$8,915
2017-1845 (78%)$5,81337 (64%)$8,119
2018-1947 (68%)$6,33440 (58%)$7,518
2019-2083 (78%)$5,58066 (62%)$7,180
2020-2187 (82%)$4,95246 (43%)$8,242
2021-2261 (70%)$4,76952 (60%)$10,111
2022-2372 (73%)$6,20562 (63%)$12,297
Average60 (78.67%)$5,65047 (61.67%)$8,853
*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, 37 (49.67 % of students) received Pell (federal) grants and its average amount is $4,340.

In addition, 2 students received State/local government grants/scholarships (2.38 % 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
2014-1527 (45%)$4,024----38 (63%)$2,028
2015-1640 (66%)$3,933--1 (2%)$80049 (80%)$3,973
2016-1731 (62%)$4,429--1 (2%)$21,93041 (82%)$3,684
2017-1826 (45%)$4,775--1 (2%)$20,00042 (72%)$2,796
2018-1933 (48%)$4,457--1 (1%)$23,79543 (62%)$2,948
2019-2046 (43%)$4,02254 (50%)$1,0795 (5%)$12,15061 (57%)$2,609
2020-2143 (41%)$4,25350 (47%)$1,1123 (3%)$1,91671 (67%)$2,628
2021-2238 (44%)$4,168--1 (1%)$20,00053 (61%)$2,123
2022-2352 (53%)$4,998--3 (3%)$15,47964 (65%)$2,194
Average37 (49.67%)$4,34052 (48.50%)$1,0962 (2.38%)$14,50951 (67.67%)$2,776
*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, 47 (61.67 % of students) get any students loan help and its average loan amount is $47.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1545 (75%)$8,30244 (73%)$6,7636 (10%)$12,673
2015-1643 (70%)$8,99742 (69%)$7,5126 (10%)$11,895
2016-1730 (60%)$8,91529 (58%)$7,6274 (8%)$11,571
2017-1837 (64%)$8,11936 (62%)$6,4906 (10%)$11,131
2018-1940 (58%)$7,51837 (54%)$6,1718 (12%)$9,049
2019-2066 (62%)$7,18063 (59%)$6,00710 (9%)$9,546
2020-2146 (43%)$8,24240 (38%)$6,27914 (13%)$9,140
2021-2252 (60%)$10,11148 (55%)$6,26816 (18%)$14,058
2022-2362 (63%)$12,29760 (61%)$6,37523 (23%)$16,520
Average47 (61.67%)$8,85344 (58.78%)$6,61010 (12.56%)$11,731

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