Scholarships, Grants, and Loan Trends at Pima Medical Institute-Colorado Springs

-18%

Received Percent Changed

-$1,279

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 453, which is 55.78 % of all undergraduate students. 413 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $6,370.

For full-time, first-time beginning students (freshmen), 69.89% of students received grants or scholarships and 70% 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 Pima Medical Institute-Colorado Springs since 2014.

For that period, the average number of students who received grants aid/scholarships is 453, which is 55.78 % of all undergraduate students. 413 students which is 50.78% of undergraduate students received federal student loans and the average loan amount is $6,370.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15613 (66%)$5,833542 (58%)$3,798581 (62%)$6,471
2015-16539 (62%)$5,496485 (56%)$3,492511 (59%)$6,252
2016-17456 (59%)$4,186440 (56%)$3,847466 (60%)$5,983
2017-18526 (57%)$3,914517 (56%)$3,743541 (59%)$5,796
2018-19375 (41%)$4,440371 (41%)$4,138326 (36%)$3,073
2019-20586 (66%)$4,558491 (55%)$4,172445 (50%)$7,324
2020-21404 (50%)$4,352399 (49%)$4,133353 (44%)$7,296
2021-22323 (53%)$4,297286 (47%)$4,164248 (41%)$7,267
2022-23257 (48%)$4,554244 (46%)$4,289246 (46%)$7,868
Average453 (55.78%)$4,626419 (51.56%)$3,975413 (50.78%)$6,370
*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, 322 (69.89 % of students) received grants or scholarships and its average amount is $4,786. It can cover 27.85% of tuition & fees ($17,183).

In addition, 321 (70.11 % of students) students get helped from the students loans (average amount : $6,404).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15576 (74%)$5,864562 (72%)$6,446
2015-16538 (85%)$5,363486 (77%)$6,292
2016-17433 (59%)$4,176443 (60%)$6,007
2017-18500 (65%)$3,857517 (67%)$5,889
2018-19183 (82%)$4,712176 (79%)$3,073
2019-20213 (77%)$5,176201 (72%)$7,150
2020-21205 (68%)$4,595220 (73%)$7,048
2021-22121 (59%)$4,559133 (65%)$7,171
2022-23133 (60%)$4,769147 (66%)$8,556
Average322 (69.89%)$4,786321 (70.11%)$6,404
*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, 304 (66.11 % of students) received Pell (federal) grants and its average amount is $4,122.

In addition, 53 students received State/local government grants/scholarships (8.00 % 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
2014-15517 (66%)$3,80525 (3%)$192164 (21%)$8,572--
2015-16484 (77%)$3,49467 (11%)$263125 (20%)$9,412--
2016-17423 (57%)$3,82621 (3%)$35739 (5%)$4,4042 (0%)$5,315
2017-18491 (64%)$3,74568 (9%)$22624 (3%)$3,116--
2018-19183 (82%)$4,39984 (38%)$1816 (3%)$4,0005 (2%)$3,605
2019-20190 (68%)$4,597143 (51%)$1,2978 (3%)$4,6146 (2%)$1,110
2020-21201 (67%)$4,344129 (43%)$1832 (1%)$75022 (7%)$1,988
2021-22120 (58%)$4,39975 (36%)$317----
2022-23125 (56%)$4,48684 (38%)$296--7 (3%)$6,962
Average304 (66.11%)$4,12277 (25.78%)$36853 (8.00%)$4,9818 (3.50%)$3,796
*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, 321 (70.11 % of students) get any students loan help and its average loan amount is $321.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15562 (72%)$6,446553 (71%)$6,4799 (1%)$4,387
2015-16486 (77%)$6,292486 (77%)$6,2772 (0%)$3,586
2016-17443 (60%)$6,007443 (60%)$5,9793 (0%)$4,073
2017-18517 (67%)$5,889514 (67%)$5,7968 (1%)$8,212
2018-19176 (79%)$3,073175 (79%)$2,9653 (1%)$7,300
2019-20201 (72%)$7,150200 (72%)$7,1212 (1%)$6,500
2020-21220 (73%)$7,048220 (73%)$6,9114 (1%)$7,538
2021-22133 (65%)$7,171133 (65%)$6,8374 (2%)$11,114
2022-23147 (66%)$8,556147 (66%)$8,0886 (3%)$11,476
Average321 (70.11%)$6,404319 (70.00%)$6,2735 (1.43%)$7,132

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