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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 Regan Career Institute since 2016.
For that period, the average number of students who received grants aid/scholarships is 28, which is 60.33 % of all undergraduate students. 26 students which is 36.60% of undergraduate students received federal student loans and the average loan amount is $5,360.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1714 (82%)$5,68614 (82%)$5,686--
2017-1821 (91%)$4,00321 (91%)$4,0031 (4%)$5,500
2018-1934 (53%)$5,18534 (53%)$5,18529 (45%)$4,053
2019-2025 (38%)$5,41524 (36%)$4,64924 (36%)$5,287
2020-2148 (63%)$4,76247 (62%)$4,69142 (55%)$5,401
2021-2226 (35%)$4,58020 (27%)$5,53232 (43%)$6,561
Average28 (60.33%)$4,93927 (58.50%)$4,95826 (36.60%)$5,360

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

OverviewGrants/ScholarshipStudent Loans
For the last 7 years, on average, 12 (73.17 % of students) received grants or scholarships and its average amount is $5,805. It can cover 27.49% of tuition & fees ($21,115).
In addition, 8 (48.80 % of students) students get helped from the students loans (average amount : $4,597).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1714 (100%)$5,686--
2017-1821 (91%)$4,0031 (4%)$5,500
2018-1918 (58%)$4,93021 (68%)$3,953
2019-207 (41%)$7,3457 (41%)$4,369
2020-219 (82%)$6,3737 (64%)$4,994
2021-222 (67%)$6,4952 (67%)$4,171
Average12 (73.17%)$5,8058 (48.80%)$4,597
*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 7 years, on average, 12 (73.17 % of students) received Pell (federal) grants and its average amount is $5,515.
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
2016-1714 (100%)$5,686------
2017-1821 (91%)$4,003------
2018-1918 (58%)$4,930------
2019-207 (41%)$5,602----4 (24%)$3,050
2020-219 (82%)$6,373------
2021-222 (67%)$6,495------
Average12 (73.17%)$5,515----4 (24.00%)$3,050
*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 7 years, on average, 8 (48.80 % of students) get any students loan help and its average loan amount is $8.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-17------
2017-181 (4%)$5,5001 (4%)$5,500--
2018-1921 (68%)$3,95321 (68%)$3,953--
2019-207 (41%)$4,3697 (41%)$4,369--
2020-217 (64%)$4,9947 (64%)$4,994--
2021-222 (67%)$4,1712 (67%)$4,171--
Average8 (48.80%)$4,5978 (48.80%)$4,597--

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