How Abcott Institute's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Abcott Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 154, which is 62.56 % of all undergraduate students. 140 students which is 57.00% of undergraduate students received federal student loans and the average loan amount is $5,435.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	209 (100%)	$7,264	193 (92%)	$3,035	185 (88%)	$5,040
2014-15	169 (72%)	$6,427	163 (70%)	$2,633	141 (60%)	$4,595
2015-16	144 (60%)	$3,232	144 (60%)	$2,538	144 (60%)	$4,818
2016-17	129 (63%)	$2,733	129 (63%)	$2,733	111 (54%)	$4,739
2017-18	188 (59%)	$3,257	188 (59%)	$3,257	177 (56%)	$5,671
2018-19	151 (53%)	$3,814	145 (51%)	$3,626	125 (44%)	$5,776
2019-20	129 (45%)	$3,862	124 (44%)	$3,692	127 (45%)	$5,886
2020-21	137 (48%)	$4,678	130 (46%)	$4,254	119 (42%)	$6,633
2021-22	130 (63%)	$3,634	126 (61%)	$3,389	131 (64%)	$5,761
Average	154 (62.56%)	$4,322	149 (60.67%)	$3,240	140 (57.00%)	$5,435

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

Overview

For the last 10 years, on average, 52 (69.89 % of students) received grants or scholarships and its average amount is $3,260. It can cover 10.90% of tuition & fees ($29,900).

In addition, 47 (64.11 % of students) students get helped from the students loans (average amount : $5,535).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	52 (69%)	$2,885	46 (61%)	$5,145
2014-15	65 (83%)	$2,815	56 (72%)	$5,118
2015-16	84 (100%)	$2,746	84 (100%)	$5,108
2016-17	70 (100%)	$2,906	62 (89%)	$5,038
2017-18	61 (55%)	$3,204	55 (50%)	$5,564
2018-19	39 (51%)	$4,233	31 (41%)	$7,228
2019-20	42 (55%)	$3,004	37 (49%)	$5,521
2020-21	12 (55%)	$4,309	12 (55%)	$5,032
2021-22	43 (61%)	$3,235	42 (60%)	$6,057
Average	52 (69.89%)	$3,260	47 (64.11%)	$5,535

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 51 (68.33 % of students) received Pell (federal) grants and its average amount is $3,128.

In addition, 3 students received State/local government grants/scholarships (4.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	52 (69%)	$2,885	-	-	-	-	-	-
2014-15	65 (83%)	$2,628	-	-	4 (5%)	$3,050	-	-
2015-16	84 (100%)	$2,615	-	-	5 (6%)	$2,193	-	-
2016-17	70 (100%)	$2,906	-	-	-	-	-	-
2017-18	61 (55%)	$3,204	-	-	-	-	-	-
2018-19	36 (47%)	$4,336	-	-	2 (3%)	$4,250	1 (1%)	$500
2019-20	38 (50%)	$3,258	-	-	2 (3%)	$588	2 (3%)	$588
2020-21	12 (55%)	$2,809	12 (55%)	$1,500	-	-	-	-
2021-22	39 (56%)	$3,507	-	-	2 (3%)	$588	2 (3%)	$588
Average	51 (68.33%)	$3,128	12 (55.00%)	$1,500	3 (4.00%)	$2,134	2 (2.33%)	$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..

Student Loans

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, 47 (64.11 % of students) get any students loan help and its average loan amount is $47.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	46 (61%)	$5,145	46 (61%)	$5,145	-	-
2014-15	56 (72%)	$5,118	56 (72%)	$4,743	47 (60%)	$447
2015-16	84 (100%)	$5,108	84 (100%)	$4,626	79 (94%)	$513
2016-17	62 (89%)	$5,038	62 (89%)	$4,958	14 (20%)	$358
2017-18	55 (50%)	$5,564	55 (50%)	$5,564	-	-
2018-19	31 (41%)	$7,228	31 (41%)	$7,228	-	-
2019-20	37 (49%)	$5,521	37 (49%)	$5,521	-	-
2020-21	12 (55%)	$5,032	12 (55%)	$5,032	-	-
2021-22	42 (60%)	$6,057	42 (60%)	$6,057	-	-
Average	47 (64.11%)	$5,535	47 (64.11%)	$5,430	47 (58.00%)	$439

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Scholarships, Grants, and Loan Trends at Abcott Institute

All Undergraduate Students Financial Aid Over Time

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