How Elite Welding Academy LLC's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Elite Welding Academy LLC since 2013.

For that period, the average number of students who received grants aid/scholarships is 51, which is 41.89 % of all undergraduate students. 54 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $7,613.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	7 (15%)	$4,248	7 (15%)	$4,246	13 (28%)	$8,155
2014-15	61 (69%)	$5,687	59 (66%)	$4,597	50 (56%)	$7,135
2015-16	90 (66%)	$5,121	80 (58%)	$3,750	85 (62%)	$6,500
2016-17	67 (45%)	$5,566	59 (40%)	$4,821	72 (48%)	$7,592
2017-18	39 (29%)	$5,114	38 (29%)	$4,857	50 (38%)	$7,605
2018-19	54 (35%)	$5,956	44 (29%)	$4,993	58 (38%)	$7,838
2019-20	48 (48%)	$5,806	46 (46%)	$5,302	52 (52%)	$8,247
2020-21	55 (40%)	$6,322	49 (35%)	$5,485	62 (45%)	$8,094
2021-22	41 (30%)	$7,774	34 (25%)	$5,772	47 (35%)	$7,348
Average	51 (41.89%)	$5,733	46 (38.11%)	$4,869	54 (44.67%)	$7,613

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

For the last 10 years, on average, 34 (49.89 % of students) received grants or scholarships and its average amount is $5,649. It can cover 44.14% of tuition & fees ($12,800).

In addition, 39 (56.78 % of students) students get helped from the students loans (average amount : $7,133).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	7 (16%)	$4,246	13 (29%)	$8,155
2014-15	54 (76%)	$5,557	44 (62%)	$6,822
2015-16	80 (64%)	$4,694	75 (60%)	$7,200
2016-17	67 (48%)	$4,969	72 (51%)	$7,592
2017-18	31 (31%)	$4,807	46 (46%)	$6,500
2018-19	36 (43%)	$6,160	48 (57%)	$8,626
2019-20	10 (56%)	$6,356	15 (83%)	$6,833
2020-21	6 (75%)	$6,078	5 (63%)	$6,300
2021-22	19 (40%)	$7,978	29 (60%)	$6,172
Average	34 (49.89%)	$5,649	39 (56.78%)	$7,133

^*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, 32 (46.78 % of students) received Pell (federal) grants and its average amount is $4,947.

In addition, 5 students received State/local government grants/scholarships (7.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	7 (16%)	$4,246	-	-	-	-	-	-
2014-15	52 (73%)	$4,639	-	-	7 (10%)	$8,410	-	-
2015-16	73 (58%)	$4,041	-	-	7 (6%)	$9,500	2 (2%)	$7,000
2016-17	59 (42%)	$4,143	-	-	8 (6%)	$11,055	-	-
2017-18	30 (30%)	$4,471	-	-	1 (1%)	$14,890	-	-
2018-19	32 (38%)	$5,039	-	-	6 (7%)	$7,301	3 (4%)	$5,568
2019-20	10 (56%)	$5,990	-	-	1 (6%)	$3,659	-	-
2020-21	6 (75%)	$6,037	-	-	-	-	1 (13%)	$250
2021-22	16 (33%)	$5,914	-	-	6 (13%)	$9,493	-	-
Average	32 (46.78%)	$4,947	-	-	5 (7.00%)	$9,187	2 (6.33%)	$4,273

^*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, 39 (56.78 % of students) get any students loan help and its average loan amount is $39.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	13 (29%)	$8,155	13 (29%)	$8,155	-	-
2014-15	44 (62%)	$6,822	44 (62%)	$6,822	-	-
2015-16	75 (60%)	$7,200	75 (60%)	$7,200	-	-
2016-17	72 (51%)	$7,592	72 (51%)	$7,592	-	-
2017-18	46 (46%)	$6,500	46 (46%)	$6,500	-	-
2018-19	48 (57%)	$8,626	44 (52%)	$7,673	4 (5%)	$19,105
2019-20	15 (83%)	$6,833	15 (83%)	$6,833	-	-
2020-21	5 (63%)	$6,300	5 (63%)	$6,300	-	-
2021-22	29 (60%)	$6,172	29 (60%)	$6,172	-	-
Average	39 (56.78%)	$7,133	38 (56.22%)	$7,027	4 (5.00%)	$19,105

Scholarships, Grants, and Loan Trends at Elite Welding Academy LLC

All Undergraduate Students Financial Aid Over Time

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

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