Scholarships, Grants, and Loan Trends at ARROJO Academy

-18%

Received Percent Changed

-$802

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 44, which is 35.78 % of all undergraduate students. 64 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $7,180.

For full-time, first-time beginning students (freshmen), 45.33% of students received grants or scholarships and 58% 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 ARROJO Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 44, which is 35.78 % of all undergraduate students. 64 students which is 53.00% of undergraduate students received federal student loans and the average loan amount is $7,180.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1542 (35%)$5,15142 (35%)$5,15173 (61%)$8,667
2015-1651 (53%)$5,11749 (51%)$4,87671 (74%)$8,938
2016-1733 (29%)$4,68333 (29%)$4,68336 (32%)$321
2017-1835 (34%)$4,97435 (34%)$4,97459 (58%)$8,581
2018-1952 (41%)$6,63051 (40%)$5,21786 (67%)$8,042
2019-2066 (54%)$4,39047 (38%)$5,11072 (59%)$8,311
2020-2143 (34%)$4,71943 (34%)$4,71977 (61%)$8,709
2021-2236 (25%)$6,49536 (25%)$6,49572 (50%)$6,000
2022-2337 (17%)$4,34937 (17%)$4,34934 (15%)$7,049
Average44 (35.78%)$5,16841 (33.67%)$5,06464 (53.00%)$7,180
*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, 36 (45.33 % of students) received grants or scholarships and its average amount is $4,889. It can cover 28.76% of tuition & fees ($17,000).

In addition, 48 (58.22 % of students) students get helped from the students loans (average amount : $7,266).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1518 (29%)$4,95835 (56%)$7,660
2015-1643 (57%)$4,83957 (75%)$8,632
2016-1732 (84%)$3,29032 (84%)$361
2017-1830 (36%)$3,64348 (57%)$8,056
2018-1948 (43%)$5,36976 (68%)$7,823
2019-2053 (52%)$4,28856 (55%)$7,859
2020-2128 (26%)$6,76769 (63%)$8,454
2021-2235 (40%)$6,49525 (28%)$9,500
2022-2337 (41%)$4,34934 (38%)$7,049
Average36 (45.33%)$4,88948 (58.22%)$7,266
*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, 34 (43.67 % of students) received Pell (federal) grants and its average amount is $4,982.

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
2014-1518 (29%)$4,958------
2015-1643 (57%)$4,839------
2016-1732 (84%)$3,290------
2017-1830 (36%)$3,643------
2018-1948 (43%)$5,369------
2019-2038 (37%)$5,12438 (37%)$726--1 (1%)$5,000
2020-2128 (26%)$6,767------
2021-2235 (40%)$6,495------
2022-2337 (41%)$4,349------
Average34 (43.67%)$4,98238 (37.00%)$726--1 (1.00%)$5,000
*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, 48 (58.22 % of students) get any students loan help and its average loan amount is $48.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1535 (56%)$7,66035 (56%)$7,660--
2015-1657 (75%)$8,63257 (75%)$8,632--
2016-1732 (84%)$36132 (84%)$361--
2017-1848 (57%)$8,05648 (57%)$8,056--
2018-1976 (68%)$7,82376 (68%)$7,823--
2019-2056 (55%)$7,85956 (55%)$7,859--
2020-2169 (63%)$8,45469 (63%)$8,454--
2021-2225 (28%)$9,50025 (28%)$9,500--
2022-2334 (38%)$7,04934 (38%)$7,049--
Average48 (58.22%)$7,26648 (58.22%)$7,266--

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