Scholarships, Grants, and Loan Trends at Aviation Institute of Maintenance-Teterboro

26%

Received Percent Changed

$1,095

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 144, which is 52.89 % of all undergraduate students. 167 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,744.

For full-time, first-time beginning students (freshmen), 63.33% of students received grants or scholarships and 73% 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 Aviation Institute of Maintenance-Teterboro since 2014.

For that period, the average number of students who received grants aid/scholarships is 144, which is 52.89 % of all undergraduate students. 167 students which is 60.11% of undergraduate students received federal student loans and the average loan amount is $6,744.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (42%)$3,62457 (35%)$4,45069 (42%)$3,578
2015-16120 (69%)$4,620119 (68%)$4,605105 (60%)$6,058
2016-17157 (46%)$4,535155 (45%)$4,529211 (62%)$7,203
2017-18208 (78%)$4,764208 (78%)$4,764220 (82%)$7,650
2018-1928 (7%)$2,74528 (7%)$2,74521 (5%)$6,017
2019-2073 (40%)$4,30272 (40%)$3,99999 (54%)$5,920
2020-21169 (60%)$5,886157 (55%)$4,636198 (70%)$8,154
2021-22219 (66%)$5,579219 (66%)$4,764265 (80%)$7,866
2022-23252 (68%)$4,719251 (68%)$4,676316 (86%)$8,251
Average144 (52.89%)$4,530141 (51.33%)$4,352167 (60.11%)$6,744
*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, 45 (63.33 % of students) received grants or scholarships and its average amount is $4,818. It can cover 28.75% of tuition & fees ($16,757).

In addition, 50 (72.67 % of students) students get helped from the students loans (average amount : $5,743).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1557 (53%)$4,38168 (63%)$3,579
2015-1670 (64%)$4,25889 (81%)$4,901
2016-1784 (50%)$4,55384 (50%)$5,880
2017-1860 (56%)$3,68360 (56%)$6,929
2018-1923 (82%)$3,08019 (68%)$5,767
2019-209 (47%)$4,64615 (79%)$4,787
2020-2131 (82%)$7,74434 (89%)$7,184
2021-2237 (79%)$5,69742 (89%)$6,380
2022-2330 (57%)$5,32442 (79%)$6,282
Average45 (63.33%)$4,81850 (72.67%)$5,743
*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, 44 (62.89 % of students) received Pell (federal) grants and its average amount is $4,458.

In addition, 1 students received State/local government grants/scholarships (5.00 % 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
2014-1556 (52%)$4,343----1 (1%)$6,500
2015-1669 (63%)$4,226----1 (1%)$6,500
2016-1784 (50%)$4,553------
2017-1860 (56%)$3,683------
2018-1923 (82%)$3,080------
2019-209 (47%)$3,6717 (37%)$8251 (5%)$3,000--
2020-2131 (82%)$5,65815 (39%)$4,312----
2021-2237 (79%)$5,56420 (43%)$245----
2022-2329 (55%)$5,34216 (30%)$300----
Average44 (62.89%)$4,45815 (37.25%)$1,4211 (5.00%)$3,0001 (1.00%)$6,500
*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, 50 (72.67 % of students) get any students loan help and its average loan amount is $50.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1568 (63%)$3,57968 (63%)$3,579--
2015-1689 (81%)$4,90189 (81%)$4,901--
2016-1784 (50%)$5,88084 (50%)$5,880--
2017-1860 (56%)$6,92960 (56%)$6,929--
2018-1919 (68%)$5,76719 (68%)$5,767--
2019-2015 (79%)$4,78715 (79%)$4,787--
2020-2134 (89%)$7,18434 (89%)$7,184--
2021-2242 (89%)$6,38042 (89%)$6,380--
2022-2342 (79%)$6,28242 (79%)$6,0361 (2%)$10,323
Average50 (72.67%)$5,74350 (72.67%)$5,7161 (2.00%)$10,323

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