All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mount Ida College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,221, which is 93.25 % of all undergraduate students. 1,003 students which is 76.50% of undergraduate students received federal student loans and the average loan amount is $6,944.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,158 (91%)$13,698479 (38%)$4,134978 (77%)$7,333
2014-151,195 (93%)$15,508481 (37%)$4,191985 (76%)$6,894
2015-161,244 (94%)$18,715504 (38%)$4,3461,006 (76%)$6,727
2016-171,288 (95%)$19,772496 (37%)$4,3221,042 (77%)$6,822
Average1,221 (93.25%)$16,923490 (37.50%)$4,2481,003 (76.50%)$6,944

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

OverviewGrants/ScholarshipStudent Loans
For the last 5 years, on average, 355 (98.00 % of students) received grants or scholarships and its average amount is $18,879. It can cover 52.85% of tuition & fees ($35,720).
In addition, 299 (82.50 % of students) students get helped from the students loans (average amount : $9,963).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14298 (97%)$16,291248 (81%)$9,927
2014-15354 (99%)$16,968298 (83%)$10,286
2015-16422 (98%)$21,173361 (84%)$9,647
2016-17345 (98%)$21,083288 (82%)$9,992
Average355 (98.00%)$18,879299 (82.50%)$9,963
*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 5 years, on average, 147 (40.75 % of students) received Pell (federal) grants and its average amount is $4,288.
In addition, 114 students received State/local government grants/scholarships (31.25 % 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
2013-14131 (43%)$4,17633 (11%)$3,07893 (30%)$1,751297 (97%)$13,613
2014-15148 (41%)$4,19322 (6%)$2,836117 (33%)$2,698351 (98%)$14,268
2015-16179 (42%)$4,36043 (10%)$2,935135 (31%)$3,361421 (98%)$17,992
2016-17130 (37%)$4,42419 (5%)$3,579109 (31%)$3,602345 (98%)$18,081
Average147 (40.75%)$4,28829 (8.00%)$3,107114 (31.25%)$2,853354 (97.75%)$15,989
*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 5 years, on average, 299 (82.50 % of students) get any students loan help and its average loan amount is $299.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14248 (81%)$9,927246 (80%)$6,01570 (23%)$14,031
2014-15298 (83%)$10,286297 (83%)$5,68591 (25%)$15,130
2015-16361 (84%)$9,647360 (84%)$5,472104 (24%)$14,544
2016-17288 (82%)$9,992286 (81%)$5,51684 (24%)$15,475
Average299 (82.50%)$9,963297 (82.00%)$5,67287 (24.00%)$14,795

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