Scholarships, Grants, and Loan Trends at Advanced

Over the past 9 years (2013-2021), the average number of students who received grants aid/scholarships is 135, which is 65.88 % of all undergraduate students. 123 students which is 59.13% of undergraduate students received federal student loans and the average loan amount is $6,808.
For full-time, first-time beginning students (freshmen), 79.00% of students received grants or scholarships and 77% 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 Advanced College since 2013.
For that period, the average number of students who received grants aid/scholarships is 135, which is 65.88 % of all undergraduate students. 123 students which is 59.13% of undergraduate students received federal student loans and the average loan amount is $6,808.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14222 (81%)$3,392222 (81%)$3,392222 (81%)$4,098
2014-15229 (100%)$5,730229 (100%)$5,730229 (100%)$9,400
2015-16111 (85%)$4,021101 (77%)$3,69282 (63%)$6,370
2016-1784 (57%)$4,38672 (49%)$4,15384 (57%)$3,597
2017-1830 (34%)$4,71930 (34%)$4,25726 (29%)$6,753
2018-1984 (44%)$5,83682 (42%)$5,50680 (41%)$8,109
2019-20157 (65%)$5,281156 (64%)$4,942113 (47%)$7,719
2020-21160 (61%)$5,376151 (57%)$4,721146 (55%)$8,419
Average135 (65.88%)$4,843130 (63.00%)$4,549123 (59.13%)$6,808

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

For the last 9 years, on average, 88 (79.00 % of students) received grants or scholarships and its average amount is $4,930. It can cover 15.77% of tuition & fees ($31,257).
In addition, 84 (77.38 % of students) students get helped from the students loans (average amount : $6,916).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14211 (95%)$2,546211 (95%)$3,937
2014-15219 (100%)$5,867219 (100%)$9,468
2015-16101 (83%)$4,09682 (68%)$6,546
2016-1784 (57%)$3,76884 (57%)$4,115
2017-183 (75%)$7,1574 (100%)$8,227
2018-1934 (97%)$5,46328 (80%)$6,933
2019-2014 (64%)$5,54514 (64%)$7,245
2020-2134 (61%)$5,00031 (55%)$8,855
Average88 (79.00%)$4,93084 (77.38%)$6,916
*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, 85 (77.13 % of students) received Pell (federal) grants and its average amount is $4,712.
In addition, 6 students received State/local government grants/scholarships (11.25 % 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
2013-14211 (95%)$2,47496 (43%)$160----
2014-15219 (100%)$5,73032 (15%)$8501 (0%)$2,824--
2015-16100 (83%)$3,72237 (31%)$35310 (8%)$2,839--
2016-1772 (49%)$4,02817 (11%)$9689 (6%)$1,111--
2017-183 (75%)$6,9072 (50%)$375----
2018-1934 (97%)$4,68013 (37%)$3419 (26%)$2,465--
2019-2014 (64%)$5,545------
2020-2130 (54%)$4,60911 (20%)$2,2033 (5%)$2,500--
Average85 (77.13%)$4,71230 (29.57%)$7506 (11.25%)$2,348--
*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, 84 (77.38 % of students) get any students loan help and its average loan amount is $84.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14211 (95%)$3,937211 (95%)$3,8155 (2%)$5,152
2014-15219 (100%)$9,468219 (100%)$9,4006 (3%)$2,500
2015-1682 (68%)$6,54681 (67%)$6,1845 (4%)$7,179
2016-1784 (57%)$4,11584 (57%)$3,5348 (5%)$6,100
2017-184 (100%)$8,2274 (100%)$8,227--
2018-1928 (80%)$6,93328 (80%)$6,933--
2019-2014 (64%)$7,24514 (64%)$7,245--
2020-2131 (55%)$8,85531 (55%)$8,855--
Average84 (77.38%)$6,91684 (77.25%)$6,7746 (3.50%)$5,233
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