All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at ZMS The Academy since 2014.
For that period, the average number of students who received grants aid/scholarships is 48, which is 25.75 % of all undergraduate students. 26 students which is 14.25% of undergraduate students received federal student loans and the average loan amount is $6,250.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158 (9%)$2,8798 (9%)$2,8795 (5%)$8,156
2015-1659 (38%)$5,27459 (38%)$5,27445 (29%)$8,084
2016-1768 (37%)$3,98768 (37%)$3,97728 (15%)$11,093
2017-1868 (44%)$3,98768 (44%)$3,97728 (18%)$11,093
2018-1935 (18%)$4,77835 (18%)$4,77824 (12%)$3,382
2019-2071 (34%)$5,98771 (34%)$5,98758 (28%)$3,860
2020-2140 (17%)$4,00540 (17%)$4,0058 (3%)$3,145
2021-2231 (9%)$1,84231 (9%)$1,84215 (4%)$1,190
Average48 (25.75%)$4,09248 (25.75%)$4,09026 (14.25%)$6,250

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

OverviewGrants/ScholarshipStudent Loans
For the last 9 years, on average, 39 (40.25 % of students) received grants or scholarships and its average amount is $3,681. It can cover 43.84% of tuition & fees ($8,395).
In addition, 21 (21.75 % of students) students get helped from the students loans (average amount : $5,027).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-156 (9%)$2,8844 (6%)$9,400
2015-1643 (51%)$4,13935 (41%)$5,917
2016-1768 (72%)$3,97728 (29%)$6,200
2017-1868 (86%)$3,97728 (35%)$6,200
2018-1932 (32%)$4,27619 (19%)$3,225
2019-2057 (48%)$4,97047 (39%)$2,977
2020-2123 (16%)$2,7204 (3%)$3,586
2021-2217 (8%)$2,5024 (2%)$2,708
Average39 (40.25%)$3,68121 (21.75%)$5,027
*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 9 years, on average, 39 (40.25 % of students) received Pell (federal) grants and its average amount is $3,681.
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
2014-156 (9%)$2,884------
2015-1643 (51%)$4,139------
2016-1768 (72%)$3,977------
2017-1868 (86%)$3,977------
2018-1932 (32%)$4,276------
2019-2057 (48%)$4,970------
2020-2123 (16%)$2,720------
2021-2217 (8%)$2,502------
Average39 (40.25%)$3,681------
*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 9 years, on average, 21 (21.75 % of students) get any students loan help and its average loan amount is $21.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-154 (6%)$9,4004 (6%)$9,400--
2015-1635 (41%)$5,91735 (41%)$5,917--
2016-1728 (29%)$6,20028 (29%)$6,200--
2017-1828 (35%)$6,20028 (35%)$6,200--
2018-1919 (19%)$3,22519 (19%)$3,225--
2019-2047 (39%)$2,97747 (39%)$2,977--
2020-214 (3%)$3,5864 (3%)$3,586--
2021-224 (2%)$2,7084 (2%)$2,708--
Average21 (21.75%)$5,02721 (21.75%)$5,027--
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