Scholarships, Grants, and Loan Trends at Mildred Elley School-Albany Campus

11%

Received Percent Changed

-$99

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 430, which is 82.11 % of all undergraduate students. 404 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $7,959.

For full-time, first-time beginning students (freshmen), 93.33% of students received grants or scholarships and 91% 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 Mildred Elley School-Albany Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 430, which is 82.11 % of all undergraduate students. 404 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $7,959.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15560 (75%)$6,549502 (67%)$4,375533 (71%)$8,656
2015-16585 (80%)$4,921514 (70%)$3,773560 (77%)$7,947
2016-17534 (78%)$3,902446 (65%)$3,510506 (74%)$7,479
2017-18410 (79%)$5,556392 (75%)$4,449419 (80%)$7,887
2018-19370 (88%)$5,322328 (78%)$4,370338 (80%)$7,714
2019-20319 (89%)$5,209289 (80%)$4,050297 (83%)$7,666
2020-21409 (88%)$5,683364 (78%)$4,425355 (76%)$8,537
2021-22363 (76%)$5,549344 (72%)$4,533319 (67%)$7,317
2022-23318 (86%)$6,450297 (80%)$5,034310 (84%)$8,424
Average430 (82.11%)$5,460386 (73.89%)$4,280404 (76.89%)$7,959
*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, 84 (93.33 % of students) received grants or scholarships and its average amount is $6,357. It can cover 40.07% of tuition & fees ($15,865).

In addition, 82 (90.67 % of students) students get helped from the students loans (average amount : $8,571).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15106 (95%)$6,223103 (93%)$8,909
2015-16121 (96%)$5,834123 (98%)$7,837
2016-1792 (93%)$4,52588 (89%)$7,456
2017-1882 (93%)$6,02983 (94%)$7,890
2018-1993 (94%)$6,81489 (90%)$9,000
2019-2070 (93%)$5,47964 (85%)$8,340
2020-2177 (96%)$6,93568 (85%)$9,405
2021-2259 (88%)$7,54260 (90%)$8,547
2022-2360 (92%)$7,83360 (92%)$9,755
Average84 (93.33%)$6,35782 (90.67%)$8,571
*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, 80 (89.11 % of students) received Pell (federal) grants and its average amount is $5,022.

In addition, 48 students received State/local government grants/scholarships (52.11 % 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
2014-1596 (86%)$4,71725 (23%)$28076 (68%)$2,44710 (9%)$1,376
2015-16118 (94%)$4,19566 (52%)$9475 (60%)$2,6737 (6%)$589
2016-1782 (83%)$3,67120 (20%)$16044 (44%)$2,27017 (17%)$719
2017-1880 (91%)$4,89024 (27%)$21645 (51%)$2,177--
2018-1989 (90%)$5,42826 (26%)$37359 (60%)$2,3088 (8%)$590
2019-2068 (91%)$4,41628 (37%)$17535 (47%)$2,05811 (15%)$578
2020-2173 (91%)$5,66746 (58%)$24328 (35%)$2,9958 (10%)$3,155
2021-2258 (87%)$5,87428 (42%)$38035 (52%)$2,6341 (1%)$1,500
2022-2358 (89%)$6,33812 (18%)$63034 (52%)$2,7781 (2%)$333
Average80 (89.11%)$5,02231 (33.67%)$28348 (52.11%)$2,4828 (8.50%)$1,105
*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, 82 (90.67 % of students) get any students loan help and its average loan amount is $82.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15103 (93%)$8,909103 (93%)$8,909--
2015-16123 (98%)$7,837123 (98%)$7,837--
2016-1788 (89%)$7,45688 (89%)$7,456--
2017-1883 (94%)$7,89083 (94%)$7,890--
2018-1989 (90%)$9,00089 (90%)$9,000--
2019-2064 (85%)$8,34063 (84%)$8,3551 (1%)$7,400
2020-2168 (85%)$9,40568 (85%)$9,405--
2021-2260 (90%)$8,54760 (90%)$8,547--
2022-2360 (92%)$9,75560 (92%)$9,755--
Average82 (90.67%)$8,57182 (90.56%)$8,5731 (1.00%)$7,400

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