Scholarships, Grants, and Loan Trends at Abcott Institute

Over the past 10 years (2013-2022), 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.
For full-time, first-time beginning students (freshmen), 69.89% of students received grants or scholarships and 64% of students received student loans.

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.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14209 (100%)$7,264193 (92%)$3,035185 (88%)$5,040
2014-15169 (72%)$6,427163 (70%)$2,633141 (60%)$4,595
2015-16144 (60%)$3,232144 (60%)$2,538144 (60%)$4,818
2016-17129 (63%)$2,733129 (63%)$2,733111 (54%)$4,739
2017-18188 (59%)$3,257188 (59%)$3,257177 (56%)$5,671
2018-19151 (53%)$3,814145 (51%)$3,626125 (44%)$5,776
2019-20129 (45%)$3,862124 (44%)$3,692127 (45%)$5,886
2020-21137 (48%)$4,678130 (46%)$4,254119 (42%)$6,633
2021-22130 (63%)$3,634126 (61%)$3,389131 (64%)$5,761
Average154 (62.56%)$4,322149 (60.67%)$3,240140 (57.00%)$5,435

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1452 (69%)$2,88546 (61%)$5,145
2014-1565 (83%)$2,81556 (72%)$5,118
2015-1684 (100%)$2,74684 (100%)$5,108
2016-1770 (100%)$2,90662 (89%)$5,038
2017-1861 (55%)$3,20455 (50%)$5,564
2018-1939 (51%)$4,23331 (41%)$7,228
2019-2042 (55%)$3,00437 (49%)$5,521
2020-2112 (55%)$4,30912 (55%)$5,032
2021-2243 (61%)$3,23542 (60%)$6,057
Average52 (69.89%)$3,26047 (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.
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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1452 (69%)$2,885------
2014-1565 (83%)$2,628--4 (5%)$3,050--
2015-1684 (100%)$2,615--5 (6%)$2,193--
2016-1770 (100%)$2,906------
2017-1861 (55%)$3,204------
2018-1936 (47%)$4,336--2 (3%)$4,2501 (1%)$500
2019-2038 (50%)$3,258--2 (3%)$5882 (3%)$588
2020-2112 (55%)$2,80912 (55%)$1,500----
2021-2239 (56%)$3,507--2 (3%)$5882 (3%)$588
Average51 (68.33%)$3,12812 (55.00%)$1,5003 (4.00%)$2,1342 (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..
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.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1446 (61%)$5,14546 (61%)$5,145--
2014-1556 (72%)$5,11856 (72%)$4,74347 (60%)$447
2015-1684 (100%)$5,10884 (100%)$4,62679 (94%)$513
2016-1762 (89%)$5,03862 (89%)$4,95814 (20%)$358
2017-1855 (50%)$5,56455 (50%)$5,564--
2018-1931 (41%)$7,22831 (41%)$7,228--
2019-2037 (49%)$5,52137 (49%)$5,521--
2020-2112 (55%)$5,03212 (55%)$5,032--
2021-2242 (60%)$6,05742 (60%)$6,057--
Average47 (64.11%)$5,53547 (64.11%)$5,43047 (58.00%)$439
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