Scholarships, Grants, and Loan Trends at Pathway Vocational Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 51, which is 72.11 % of all undergraduate students. 40 students which is 56.33% of undergraduate students received federal student loans and the average loan amount is $5,612.
For full-time, first-time beginning students (freshmen), 89.67% of students received grants or scholarships and 71% 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 Pathway Vocational Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 51, which is 72.11 % of all undergraduate students. 40 students which is 56.33% of undergraduate students received federal student loans and the average loan amount is $5,612.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1440 (45%)$6,73838 (43%)$5,55038 (43%)$6,000
2014-1580 (100%)$3,36947 (59%)$3,74547 (59%)$2,551
2015-1669 (100%)$5,78445 (65%)$5,77545 (65%)$9,000
2016-1750 (76%)$5,68844 (67%)$5,81544 (67%)$6,464
2017-1856 (77%)$5,81545 (62%)$5,81545 (62%)$6,464
2018-1946 (58%)$6,19546 (58%)$6,09546 (58%)$5,200
2019-2024 (80%)$4,45624 (80%)$4,45614 (47%)$4,861
2020-2130 (51%)$3,81730 (51%)$3,81730 (51%)$4,148
2021-2261 (62%)$3,40161 (62%)$3,40154 (55%)$5,819
Average51 (72.11%)$5,02942 (60.78%)$4,94140 (56.33%)$5,612

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

For the last 10 years, on average, 40 (89.67 % of students) received grants or scholarships and its average amount is $5,218. It can cover 31.34% of tuition & fees ($16,650).
In addition, 32 (70.67 % of students) students get helped from the students loans (average amount : $7,037).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (73%)$6,07810 (19%)$10,575
2014-1535 (95%)$5,60210 (27%)$10,575
2015-1645 (100%)$5,90745 (100%)$9,017
2016-1744 (100%)$5,91344 (100%)$6,482
2017-1845 (100%)$5,91545 (100%)$6,484
2018-1946 (100%)$5,81346 (100%)$5,222
2019-2024 (100%)$4,45614 (58%)$4,861
2020-2130 (77%)$3,81730 (77%)$4,148
2021-2252 (62%)$3,46446 (55%)$5,965
Average40 (89.67%)$5,21832 (70.67%)$7,037
*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, 39 (87.44 % of students) received Pell (federal) grants and its average amount is $4,961.
In addition, 4 students received State/local government grants/scholarships (7.83 % 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
2013-1438 (73%)$5,5502 (4%)$4,4381 (2%)$5,0001 (2%)$6,200
2014-1535 (95%)$5,0292 (5%)$4,4381 (3%)$5,0001 (3%)$6,200
2015-1636 (80%)$4,989--16 (36%)$5,388--
2016-1744 (100%)$5,815--1 (2%)$4,315--
2017-1845 (100%)$5,815--1 (2%)$4,500--
2018-1946 (100%)$5,715--1 (2%)$4,500--
2019-2024 (100%)$4,456------
2020-2130 (77%)$3,817------
2021-2252 (62%)$3,464------
Average39 (87.44%)$4,9612 (4.50%)$4,4384 (7.83%)$4,7841 (2.50%)$6,200
*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, 32 (70.67 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1410 (19%)$10,57510 (19%)$9,82510 (19%)$750
2014-1510 (27%)$10,57510 (27%)$9,82510 (27%)$750
2015-1645 (100%)$9,01745 (100%)$9,0001 (2%)$750
2016-1744 (100%)$6,48244 (100%)$6,4611 (2%)$900
2017-1845 (100%)$6,48445 (100%)$6,4641 (2%)$900
2018-1946 (100%)$5,22246 (100%)$5,2001 (2%)$1,000
2019-2014 (58%)$4,86114 (58%)$4,861--
2020-2130 (77%)$4,14830 (77%)$4,148--
2021-2246 (55%)$5,96546 (55%)$5,965--
Average32 (70.67%)$7,03732 (70.67%)$6,8614 (9.00%)$842
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