Scholarships, Grants, and Loan Trends at Institute of Culinary Education

-5%

Received Percent Changed

$1,084

Received Amount Changes

Over the past 7 years (2018-2023), the average number of students who received grants aid/scholarships is 122, which is 31.83 % of all undergraduate students. 163 students which is 43.83% of undergraduate students received federal student loans and the average loan amount is $4,845.

For full-time, first-time beginning students (freshmen), 32.00% of students received grants or scholarships and 51% 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 Institute of Culinary Education since 2017.

For that period, the average number of students who received grants aid/scholarships is 122, which is 31.83 % of all undergraduate students. 163 students which is 43.83% of undergraduate students received federal student loans and the average loan amount is $4,845.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-1818 (35%)$2,53517 (33%)$1,80232 (62%)$4,284
2018-19107 (31%)$4,589101 (29%)$2,633145 (42%)$5,312
2019-20128 (29%)$5,048119 (27%)$2,586171 (39%)$3,843
2020-21145 (41%)$3,244102 (29%)$2,710143 (41%)$4,359
2021-22143 (25%)$2,500140 (24%)$2,329201 (34%)$6,759
2022-23190 (30%)$3,619189 (30%)$3,448285 (45%)$4,511
Average122 (31.83%)$3,589111 (28.67%)$2,585163 (43.83%)$4,845
*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 7 years, on average, 11 (32.00 % of students) received grants or scholarships and its average amount is $4,505. It can cover 11.61% of tuition & fees ($38,803).

In addition, 17 (50.50 % of students) students get helped from the students loans (average amount : $12,634).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-18----
2018-19----
2019-20----
2020-21----
2021-225 (22%)$4,4287 (30%)$11,529
2022-2316 (42%)$4,58127 (71%)$13,739
Average11 (32.00%)$4,50517 (50.50%)$12,634
*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 7 years, on average, 11 (32.00 % of students) received Pell (federal) grants and its average amount is $4,314.

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
2017-18--------
2018-19--------
2019-20--------
2020-21--------
2021-225 (22%)$4,2032 (9%)$563----
2022-2316 (42%)$4,4254 (11%)$625----
Average11 (32.00%)$4,3143 (10.00%)$594----
*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 7 years, on average, 17 (50.50 % of students) get any students loan help and its average loan amount is $17.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2017-18------
2018-19------
2019-20------
2020-21------
2021-227 (30%)$11,5297 (30%)$11,529--
2022-2327 (71%)$13,73925 (66%)$6,3259 (24%)$23,650
Average17 (50.50%)$12,63416 (48.00%)$8,9279 (24.00%)$23,650

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