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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Precision Manufacturing Institute since 2011.
For that period, the average number of students who received grants aid/scholarships is 47, which is 79.60 % of all undergraduate students. 31 students which is 55.10% of undergraduate students received federal student loans and the average loan amount is $6,114.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1233 (79%)$8,98129 (69%)$2,56931 (74%)$5,983
2012-1330 (52%)$6,77518 (31%)$4,27739 (67%)$8,516
2013-1461 (84%)$7,68840 (55%)$3,78545 (62%)$6,621
2014-1564 (83%)$8,62850 (65%)$4,00142 (55%)$5,172
2015-1687 (81%)$8,95764 (59%)$3,93643 (40%)$5,846
2016-1789 (91%)$13,81574 (76%)$4,85339 (40%)$6,065
2017-1827 (77%)$7,42520 (57%)$5,20519 (54%)$3,056
2018-1921 (75%)$9,91317 (61%)$2,95016 (57%)$6,317
2019-2032 (97%)$5,36523 (70%)$4,30218 (55%)$7,912
2020-2123 (77%)$6,56316 (53%)$4,12314 (47%)$5,650
Average47 (79.60%)$8,41135 (59.60%)$4,00031 (55.10%)$6,114

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

OverviewGrants/ScholarshipStudent Loans
For the last 11 years, on average, 30 (78.10 % of students) received grants or scholarships and its average amount is $8,127. It can cover 44.31% of tuition & fees ($18,340).
In addition, 22 (58.60 % of students) students get helped from the students loans (average amount : $7,130).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1220 (77%)$12,60213 (50%)$7,744
2012-1330 (59%)$6,77539 (76%)$6,315
2013-1438 (78%)$6,42431 (63%)$6,748
2014-1540 (82%)$8,06228 (57%)$4,775
2015-1652 (78%)$9,77328 (42%)$5,960
2016-1751 (86%)$12,65229 (49%)$7,435
2017-1820 (91%)$7,48111 (50%)$9,844
2018-1916 (70%)$6,94216 (70%)$6,998
2019-2016 (84%)$4,70711 (58%)$7,668
2020-2116 (76%)$5,85215 (71%)$7,816
Average30 (78.10%)$8,12722 (58.60%)$7,130
*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 11 years, on average, 23 (60.70 % of students) received Pell (federal) grants and its average amount is $4,040.
In addition, 25 students received State/local government grants/scholarships (58.90 % 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
2011-1215 (58%)$3,734--16 (62%)$12,252--
2012-1318 (35%)$4,277--27 (53%)$4,677--
2013-1426 (53%)$3,615--27 (55%)$5,560--
2014-1533 (67%)$3,787--38 (78%)$5,198--
2015-1639 (58%)$4,148--49 (73%)$7,070--
2016-1740 (68%)$4,75023 (39%)$10,16148 (81%)$4,616--
2017-1816 (73%)$4,944--17 (77%)$4,148--
2018-1915 (65%)$3,04810 (43%)$3,8338 (35%)$3,377--
2019-2012 (63%)$4,1523 (16%)$9786 (32%)$3,758--
2020-2114 (67%)$3,9408 (38%)$9139 (43%)$3,462--
Average23 (60.70%)$4,04011 (34.00%)$3,97125 (58.90%)$5,412--
*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 11 years, on average, 22 (58.60 % of students) get any students loan help and its average loan amount is $22.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1213 (50%)$7,74413 (50%)$7,744--
2012-1339 (76%)$6,31539 (76%)$6,315--
2013-1431 (63%)$6,74831 (63%)$6,748--
2014-1528 (57%)$4,77528 (57%)$4,5071 (2%)$7,500
2015-1628 (42%)$5,96028 (42%)$5,3722 (3%)$8,237
2016-1729 (49%)$7,43529 (49%)$5,9975 (8%)$8,339
2017-1811 (50%)$9,8449 (41%)$5,5538 (36%)$7,288
2018-1916 (70%)$6,99816 (70%)$6,3171 (4%)$10,898
2019-2011 (58%)$7,66810 (53%)$7,5601 (5%)$8,750
2020-2115 (71%)$7,81611 (52%)$7,1914 (19%)$9,535
Average22 (58.60%)$7,13021 (55.30%)$6,3303 (11.00%)$8,650

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