Scholarships, Grants, and Loan Trends at Hawaii Medical

-10%

Received Percent Changed

$3,860

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 356, which is 66.44 % of all undergraduate students. 348 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $7,418.

For full-time, first-time beginning students (freshmen), 73.75% of students received grants or scholarships and 73% 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 Hawaii Medical College since 2014.

For that period, the average number of students who received grants aid/scholarships is 356, which is 66.44 % of all undergraduate students. 348 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $7,418.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15371 (67%)$3,900358 (65%)$3,676443 (80%)$8,427
2015-16561 (100%)$4,032546 (97%)$3,181518 (92%)$5,243
2016-17424 (75%)$4,278385 (68%)$3,548367 (65%)$6,066
2017-18418 (67%)$4,278385 (62%)$3,548362 (58%)$6,066
2018-19405 (63%)$5,532362 (57%)$4,918311 (49%)$6,595
2019-20351 (56%)$5,327350 (56%)$5,017340 (54%)$6,372
2020-21298 (51%)$5,491297 (51%)$5,292302 (52%)$8,813
2021-22220 (62%)$6,874190 (54%)$6,065225 (64%)$11,001
2022-23155 (57%)$7,760145 (53%)$6,321262 (96%)$8,179
Average356 (66.44%)$5,275335 (62.56%)$4,618348 (67.78%)$7,418
*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, 122 (73.75 % of students) received grants or scholarships and its average amount is $4,745. It can cover 18.30% of tuition & fees ($25,927).

In addition, 119 (73.13 % of students) students get helped from the students loans (average amount : $6,921).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15----
2015-1612 (100%)$2,88712 (100%)$4,700
2016-1727 (82%)$2,96827 (82%)$4,700
2017-1826 (14%)$2,96826 (14%)$4,700
2018-19251 (58%)$4,900212 (49%)$6,510
2019-20150 (80%)$4,434127 (68%)$7,587
2020-21194 (87%)$6,610209 (93%)$9,214
2021-22180 (81%)$6,487190 (86%)$8,750
2022-23137 (88%)$6,703145 (93%)$9,204
Average122 (73.75%)$4,745119 (73.13%)$6,921
*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, 122 (73.63 % of students) received Pell (federal) grants and its average amount is $4,597.

In addition, 20 students received State/local government grants/scholarships (9.20 % 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
2014-15--------
2015-1612 (100%)$2,887------
2016-1727 (82%)$2,968------
2017-1826 (14%)$2,968------
2018-19251 (58%)$4,816--17 (4%)$1,235--
2019-20149 (79%)$4,05529 (15%)$96620 (11%)$1,645--
2020-21194 (87%)$6,345--25 (11%)$2,057--
2021-22180 (81%)$6,251--21 (10%)$2,018--
2022-23137 (88%)$6,489--16 (10%)$1,832--
Average122 (73.63%)$4,59729 (15.00%)$96620 (9.20%)$1,757--
*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, 119 (73.13 % of students) get any students loan help and its average loan amount is $119.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------
2015-1612 (100%)$4,70012 (100%)$4,700--
2016-1727 (82%)$4,70027 (82%)$4,700--
2017-1826 (14%)$4,70026 (14%)$4,700--
2018-19212 (49%)$6,510212 (49%)$6,510--
2019-20127 (68%)$7,587127 (68%)$7,587--
2020-21209 (93%)$9,214209 (93%)$9,214--
2021-22190 (86%)$8,750190 (86%)$8,6981 (0%)$10,000
2022-23145 (93%)$9,204145 (93%)$9,1083 (2%)$4,637
Average119 (73.13%)$6,921119 (73.13%)$6,9022 (2.00%)$7,319

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