Scholarships, Grants, and Loan Trends at Alexander Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 37, which is 54.89 % of all undergraduate students. 36 students which is 53.78% of undergraduate students received federal student loans and the average loan amount is $5,132.
For full-time, first-time beginning students (freshmen), 70.22% of students received grants or scholarships and 73% 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 Alexander Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 37, which is 54.89 % of all undergraduate students. 36 students which is 53.78% of undergraduate students received federal student loans and the average loan amount is $5,132.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1436 (56%)$4,02636 (56%)$4,02642 (66%)$4,467
2014-1538 (60%)$3,88238 (60%)$3,88234 (54%)$5,319
2015-1654 (59%)$3,85554 (59%)$3,85550 (54%)$5,201
2016-1743 (57%)$4,16340 (53%)$4,16340 (53%)$5,201
2017-1835 (44%)$5,50030 (38%)$4,82032 (41%)$5,813
2018-1932 (51%)$11,38932 (51%)$4,20531 (49%)$7,415
2019-2026 (55%)$3,99526 (55%)$3,66426 (55%)$4,844
2020-2131 (61%)$8,69425 (49%)$5,74831 (61%)$4,058
2021-2239 (51%)$2,55439 (51%)$2,55439 (51%)$3,872
Average37 (54.89%)$5,34036 (52.44%)$4,10236 (53.78%)$5,132

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

For the last 10 years, on average, 33 (70.22 % of students) received grants or scholarships and its average amount is $4,244. It can cover 24.60% of tuition & fees ($17,250).
In addition, 35 (73.33 % of students) students get helped from the students loans (average amount : $4,681).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1436 (84%)$4,02642 (98%)$3,451
2014-1534 (81%)$4,33834 (81%)$4,338
2015-1650 (89%)$4,16350 (89%)$5,201
2016-1740 (77%)$4,16340 (77%)$5,201
2017-1830 (57%)$4,82032 (60%)$4,519
2018-1932 (55%)$4,20531 (53%)$7,415
2019-2026 (62%)$3,99526 (62%)$4,844
2020-2125 (56%)$5,74831 (69%)$4,058
2021-2225 (71%)$2,73925 (71%)$3,103
Average33 (70.22%)$4,24435 (73.33%)$4,681
*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, 33 (70.22 % of students) received Pell (federal) grants and its average amount is $4,207.
In addition, 2 students received State/local government grants/scholarships (5.00 % 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
2013-1436 (84%)$4,026------
2014-1534 (81%)$4,338------
2015-1650 (89%)$4,163------
2016-1740 (77%)$4,163------
2017-1830 (57%)$4,820------
2018-1932 (55%)$4,205------
2019-2026 (62%)$3,664--2 (5%)$4,300--
2020-2125 (56%)$5,748------
2021-2225 (71%)$2,739------
Average33 (70.22%)$4,207--2 (5.00%)$4,300--
*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, 35 (73.33 % of students) get any students loan help and its average loan amount is $35.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1442 (98%)$3,45142 (98%)$3,451--
2014-1534 (81%)$4,33834 (81%)$4,338--
2015-1650 (89%)$5,20150 (89%)$5,201--
2016-1740 (77%)$5,20140 (77%)$5,201--
2017-1832 (60%)$4,51932 (60%)$4,519--
2018-1931 (53%)$7,41531 (53%)$7,415--
2019-2026 (62%)$4,84426 (62%)$4,844--
2020-2131 (69%)$4,05831 (69%)$4,058--
2021-2225 (71%)$3,10325 (71%)$3,103--
Average35 (73.33%)$4,68135 (73.33%)$4,681--
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