Scholarships, Grants, and Loan Trends at Ohio Medical Career

53%

Received Percent Changed

$1,035

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 177, which is 81.56 % of all undergraduate students. 124 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $6,828.

For full-time, first-time beginning students (freshmen), 76.00% of students received grants or scholarships and 69% 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 Ohio Medical Career College since 2014.

For that period, the average number of students who received grants aid/scholarships is 177, which is 81.56 % of all undergraduate students. 124 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $6,828.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15293 (40%)$2,53546 (6%)$1,50250 (7%)$4,362
2015-16182 (65%)$5,076119 (43%)$3,065130 (46%)$7,329
2016-17202 (73%)$2,818187 (68%)$2,641192 (70%)$7,296
2017-18102 (89%)$4,76595 (83%)$3,81890 (79%)$7,794
2018-19106 (92%)$3,588101 (88%)$2,893100 (87%)$5,806
2019-20137 (96%)$3,993121 (85%)$4,035128 (90%)$7,384
2020-21159 (94%)$3,666136 (80%)$3,843142 (84%)$6,967
2021-22196 (92%)$3,484136 (64%)$3,991142 (66%)$7,136
2022-23213 (93%)$3,570136 (59%)$4,035142 (62%)$7,382
Average177 (81.56%)$3,722120 (64.00%)$3,314124 (65.67%)$6,828
*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, 97 (76.00 % of students) received grants or scholarships and its average amount is $4,207. It can cover 18.95% of tuition & fees ($22,200).

In addition, 68 (69.22 % of students) students get helped from the students loans (average amount : $7,100).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15274 (40%)$2,64646 (7%)$4,143
2015-16120 (59%)$3,88186 (42%)$7,381
2016-17112 (64%)$3,659121 (70%)$7,722
2017-1872 (92%)$4,19769 (88%)$7,918
2018-1955 (87%)$3,02950 (79%)$7,423
2019-2058 (95%)$5,31358 (95%)$7,384
2020-2156 (84%)$5,17358 (87%)$7,431
2021-2262 (84%)$4,96358 (78%)$7,431
2022-2364 (79%)$5,00362 (77%)$7,067
Average97 (76.00%)$4,20768 (69.22%)$7,100
*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, 62 (64.33 % of students) received Pell (federal) grants and its average amount is $3,656.

In addition, 43 students received State/local government grants/scholarships (19.89 % 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
2014-1543 (6%)$1,363--231 (33%)$2,885--
2015-1675 (37%)$3,031--64 (31%)$3,725--
2016-17106 (61%)$3,182--21 (12%)$3,456--
2017-1869 (88%)$3,331--23 (29%)$3,147--
2018-1950 (79%)$2,834--8 (13%)$3,109--
2019-2052 (85%)$4,793--16 (26%)$3,681--
2020-2152 (78%)$4,838--8 (12%)$4,766--
2021-2254 (73%)$4,844--9 (12%)$5,125--
2022-2358 (72%)$4,689--9 (11%)$5,361--
Average62 (64.33%)$3,656--43 (19.89%)$3,917--
*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, 68 (69.22 % of students) get any students loan help and its average loan amount is $68.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1546 (7%)$4,14346 (7%)$4,143--
2015-1686 (42%)$7,38186 (42%)$7,381--
2016-17121 (70%)$7,722121 (70%)$7,722--
2017-1869 (88%)$7,91869 (88%)$7,918--
2018-1950 (79%)$7,42350 (79%)$7,423--
2019-2058 (95%)$7,38458 (95%)$7,384--
2020-2158 (87%)$7,43158 (87%)$7,431--
2021-2258 (78%)$7,43158 (78%)$7,431--
2022-2362 (77%)$7,06762 (77%)$7,067--
Average68 (69.22%)$7,10068 (69.22%)$7,100--

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