How Academy'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 Academy College since 2013.

For that period, the average number of students who received grants aid/scholarships is 58, which is 53.22 % of all undergraduate students. 67 students which is 60.67% of undergraduate students received federal student loans and the average loan amount is $8,210.

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	90 (60%)	$4,605	80 (54%)	$3,562	103 (69%)	$8,266
2014-15	70 (55%)	$4,962	64 (50%)	$3,743	88 (69%)	$8,078
2015-16	70 (56%)	$5,153	60 (48%)	$3,982	85 (69%)	$7,377
2016-17	34 (29%)	$7,700	34 (29%)	$3,712	58 (50%)	$8,252
2017-18	32 (50%)	$8,021	27 (42%)	$4,483	36 (56%)	$8,996
2018-19	60 (61%)	$7,384	49 (49%)	$4,637	60 (61%)	$8,514
2019-20	57 (54%)	$7,742	37 (35%)	$4,172	63 (60%)	$8,556
2020-21	42 (44%)	$5,226	35 (36%)	$4,599	55 (57%)	$7,996
2021-22	65 (70%)	$5,381	56 (60%)	$3,090	51 (55%)	$7,856
Average	58 (53.22%)	$6,242	49 (44.78%)	$3,998	67 (60.67%)	$8,210

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

Overview

For the last 10 years, on average, 5 (67.13 % of students) received grants or scholarships and its average amount is $9,111. It can cover 49.92% of tuition & fees ($18,252).

In addition, 6 (80.25 % of students) students get helped from the students loans (average amount : $19,049).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4 (44%)	$3,624	8 (89%)	$22,276
2014-15	2 (40%)	$7,961	5 (100%)	$17,572
2015-16	2 (67%)	$9,677	3 (100%)	$17,510
2016-17	-	-	-	-
2017-18	4 (67%)	$10,926	6 (100%)	$28,251
2018-19	9 (100%)	$10,483	6 (67%)	$11,772
2019-20	3 (100%)	$13,918	2 (67%)	$23,000
2020-21	2 (40%)	$9,425	2 (40%)	$20,985
2021-22	15 (79%)	$6,873	15 (79%)	$11,024
Average	5 (67.13%)	$9,111	6 (80.25%)	$19,049

^*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, 4 (56.50 % of students) received Pell (federal) grants and its average amount is $5,056.

In addition, 5 students received State/local government grants/scholarships (60.38 % 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	3 (33%)	$2,634	2 (22%)	$500	4 (44%)	$1,399	-	-
2014-15	2 (40%)	$5,730	2 (40%)	$1,400	2 (40%)	$831	-	-
2015-16	2 (67%)	$5,165	2 (67%)	$1,301	1 (33%)	$6,423	-	-
2016-17	-	-	-	-	-	-	-	-
2017-18	4 (67%)	$4,597	4 (67%)	$1,250	4 (67%)	$5,079	-	-
2018-19	6 (67%)	$4,520	3 (33%)	$1,467	9 (100%)	$6,981	-	-
2019-20	3 (100%)	$4,657	3 (100%)	$1,600	3 (100%)	$7,660	-	-
2020-21	1 (20%)	$8,460	1 (20%)	$2,400	1 (20%)	$7,990	-	-
2021-22	11 (58%)	$4,686	-	-	15 (79%)	$3,436	-	-
Average	4 (56.50%)	$5,056	2 (49.86%)	$1,417	5 (60.38%)	$4,975	-	-

^*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, 6 (80.25 % of students) get any students loan help and its average loan amount is $6.

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	8 (89%)	$22,276	7 (78%)	$7,786	5 (56%)	$24,741
2014-15	5 (100%)	$17,572	5 (100%)	$6,300	3 (60%)	$18,787
2015-16	3 (100%)	$17,510	3 (100%)	$8,167	1 (33%)	$28,029
2016-17	-	-	-	-	-	-
2017-18	6 (100%)	$28,251	6 (100%)	$7,833	4 (67%)	$30,626
2018-19	6 (67%)	$11,772	6 (67%)	$6,878	1 (11%)	$29,364
2019-20	2 (67%)	$23,000	2 (67%)	$8,000	1 (33%)	$30,000
2020-21	2 (40%)	$20,985	2 (40%)	$7,500	1 (20%)	$26,969
2021-22	15 (79%)	$11,024	15 (79%)	$7,356	3 (16%)	$18,340
Average	6 (80.25%)	$19,049	6 (78.88%)	$7,478	2 (37.00%)	$25,857

Most Searched Minnesota Colleges (last 30 days)

4-Year Colleges

Capella University Private, four-years | Minneapolis
Walden University Private, four-years | Minneapolis
Minnesota North College Public, 2-4 years | Hibbing
University of Minnesota-Twin Cities Public, four-years | Minneapolis
Minnesota State University-Mankato Public, four-years | Mankato
Rasmussen University-Minnesota Private, four-years | St. Cloud
Carleton College Private, four-years | Northfield
University of Minnesota-Duluth Public, four-years | Duluth
St Olaf College Private, four-years | Northfield
Cosmetology Careers Unlimited College of Hair Skin and Nails Private, Less than 2-years | Duluth

compare schools

Graduate

Capella University Private, four-years | Minneapolis
Walden University Private, four-years | Minneapolis
Saint Cloud State University Public, four-years | Saint Cloud
Bethel University Private, four-years | Saint Paul
Bethany Global University Private, four-years | Bloomington
Winona State University Public, four-years | Winona
St Catherine University Private, four-years | Saint Paul
University of Minnesota-Twin Cities Public, four-years | Minneapolis
Bethany Lutheran College Private, four-years | Mankato
Minneapolis College of Art and Design Private, four-years | Minneapolis

compare schools

Online Schools

Minnesota North College Public, 2-4 years | Hibbing
Capella University Private, four-years | Minneapolis
Rasmussen University-Minnesota Private, four-years | St. Cloud
Normandale Community College Public, 2-4 years | Bloomington
Central Lakes College-Brainerd Public, 2-4 years | Brainerd
Walden University Private, four-years | Minneapolis
Bethany Global University Private, four-years | Bloomington
Crown College Private, four-years | Saint Bonifacius
University of Minnesota-Twin Cities Public, four-years | Minneapolis
University of St Thomas Private, four-years | Saint Paul

compare schools

Trade Schools

Summit Academy Opportunities Industrialization Center Private, Less than 2-years | Minneapolis
National American University-Rochester Private, four-years | Rochester
Aveda Arts & Sciences Institute Minneapolis Private, Less than 2-years | Minneapolis
University of St Thomas Private, four-years | Saint Paul
Minnesota North College - Vermilion Public, 2-4 years | Ely
Ridgewater College Public, 2-4 years | Willmar
Minnesota School of Cosmetology-Plymouth Campus Private, Less than 2-years | Plymouth
Leech Lake Tribal College Public, 2-4 years | Cass Lake
Nova Academy of Cosmetology Woodbury Private, Less than 2-years | WOODBURY
Lake Superior College Public, 2-4 years | Duluth

compare schools

Scholarships, Grants, and Loan Trends at Academy

All Undergraduate Students Financial Aid Over Time

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