Scholarships, Grants, and Loan Trends at COLLECTIV Academy-Cranston

-5%

Received Percent Changed

$535

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 113, which is 53.67 % of all undergraduate students. 134 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,559.

For full-time, first-time beginning students (freshmen), 56.56% of students received grants or scholarships and 87% 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 COLLECTIV Academy-Cranston since 2014.

For that period, the average number of students who received grants aid/scholarships is 113, which is 53.67 % of all undergraduate students. 134 students which is 64.00% of undergraduate students received federal student loans and the average loan amount is $7,559.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15121 (54%)$4,248118 (52%)$4,086141 (62%)$8,869
2015-16118 (58%)$4,664116 (57%)$4,226135 (67%)$9,090
2016-17116 (49%)$4,551112 (48%)$4,117131 (56%)$8,164
2017-18112 (57%)$4,797109 (55%)$4,386122 (62%)$7,572
2018-19132 (60%)$4,323130 (59%)$4,279145 (66%)$7,283
2019-20101 (53%)$5,09898 (52%)$4,600138 (73%)$6,439
2020-21104 (51%)$5,387101 (50%)$4,937135 (67%)$7,095
2021-22113 (52%)$4,760112 (51%)$4,577135 (62%)$7,101
2022-23102 (49%)$4,783102 (49%)$4,680128 (61%)$6,421
Average113 (53.67%)$4,735111 (52.56%)$4,432134 (64.00%)$7,559
*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, 25 (56.56 % of students) received grants or scholarships and its average amount is $5,142. It can cover 31.84% of tuition & fees ($16,148).

In addition, 38 (86.89 % of students) students get helped from the students loans (average amount : $8,803).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1558 (71%)$4,46477 (94%)$10,544
2015-1629 (58%)$4,78044 (88%)$11,835
2016-1716 (48%)$4,14228 (85%)$7,464
2017-1828 (62%)$5,17836 (80%)$9,726
2018-1914 (67%)$5,37419 (90%)$7,746
2019-2017 (49%)$5,26933 (94%)$7,946
2020-2118 (53%)$5,82630 (88%)$8,184
2021-2229 (48%)$5,36149 (82%)$8,004
2022-2319 (53%)$5,88429 (81%)$7,776
Average25 (56.56%)$5,14238 (86.89%)$8,803
*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, 25 (56.56 % of students) received Pell (federal) grants and its average amount is $5,098.

In addition, 1 students received State/local government grants/scholarships (3.00 % 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
2014-1558 (71%)$4,464------
2015-1629 (58%)$4,780------
2016-1716 (48%)$4,142------
2017-1828 (62%)$5,178------
2018-1914 (67%)$5,374------
2019-2017 (49%)$5,269------
2020-2118 (53%)$5,826------
2021-2229 (48%)$5,361------
2022-2319 (53%)$5,490--1 (3%)$7,500--
Average25 (56.56%)$5,098--1 (3.00%)$7,500--
*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, 38 (86.89 % of students) get any students loan help and its average loan amount is $38.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1577 (94%)$10,54477 (94%)$10,544--
2015-1644 (88%)$11,83544 (88%)$11,835--
2016-1728 (85%)$7,46428 (85%)$7,464--
2017-1836 (80%)$9,72636 (80%)$9,726--
2018-1919 (90%)$7,74619 (90%)$7,746--
2019-2033 (94%)$7,94633 (94%)$7,946--
2020-2130 (88%)$8,18430 (88%)$8,184--
2021-2249 (82%)$8,00449 (82%)$8,004--
2022-2329 (81%)$7,77629 (81%)$7,776--
Average38 (86.89%)$8,80338 (86.89%)$8,803--

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