How AAMI'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 American Academy McAllister Institute of Funeral Service since 2013.

For that period, the average number of students who received grants aid/scholarships is 253, which is 56.22 % of all undergraduate students. 281 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $3,941.

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	248 (61%)	$3,889	139 (34%)	$1,715	229 (56%)	$2,960
2014-15	280 (66%)	$2,602	136 (32%)	$1,704	181 (43%)	$3,127
2015-16	281 (57%)	$1,326	182 (37%)	$1,811	261 (53%)	$3,048
2016-17	287 (59%)	$2,802	282 (58%)	$2,434	249 (51%)	$3,007
2017-18	237 (49%)	$2,380	232 (48%)	$2,026	321 (67%)	$4,160
2018-19	227 (52%)	$2,941	227 (52%)	$2,676	303 (69%)	$4,317
2019-20	294 (64%)	$3,633	290 (63%)	$3,350	391 (85%)	$5,653
2020-21	181 (39%)	$1,985	175 (38%)	$1,798	246 (53%)	$3,185
2021-22	244 (59%)	$4,063	241 (58%)	$3,594	345 (84%)	$6,008
Average	253 (56.22%)	$2,847	212 (46.67%)	$2,345	281 (62.33%)	$3,941

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

Overview

For the last 10 years, on average, 11 (69.44 % of students) received grants or scholarships and its average amount is $4,962. It can cover 24.79% of tuition & fees ($20,018).

In addition, 10 (64.56 % of students) students get helped from the students loans (average amount : $3,930).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	18 (90%)	$3,938	17 (85%)	$2,903
2014-15	8 (57%)	$3,493	9 (64%)	$2,828
2015-16	18 (78%)	$3,200	15 (65%)	$5,060
2016-17	9 (56%)	$4,245	9 (56%)	$4,722
2017-18	7 (58%)	$6,897	5 (42%)	$4,300
2018-19	9 (100%)	$4,119	8 (89%)	$3,025
2019-20	6 (38%)	$7,084	6 (38%)	$5,717
2020-21	11 (73%)	$7,115	10 (67%)	$4,760
2021-22	9 (75%)	$4,571	9 (75%)	$2,056
Average	11 (69.44%)	$4,962	10 (64.56%)	$3,930

^*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, 10 (67.67 % of students) received Pell (federal) grants and its average amount is $3,604.

In addition, 7 students received State/local government grants/scholarships (49.22 % 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	16 (80%)	$2,814	-	-	16 (80%)	$1,616	-	-
2014-15	8 (57%)	$2,865	-	-	3 (21%)	$1,673	-	-
2015-16	18 (78%)	$2,190	-	-	11 (48%)	$1,653	-	-
2016-17	9 (56%)	$3,313	-	-	5 (31%)	$1,678	-	-
2017-18	7 (58%)	$4,229	-	-	7 (58%)	$2,669	-	-
2018-19	9 (100%)	$2,697	-	-	8 (89%)	$1,599	-	-
2019-20	6 (38%)	$5,377	-	-	5 (31%)	$2,048	-	-
2020-21	10 (67%)	$5,557	-	-	9 (60%)	$2,522	-	-
2021-22	9 (75%)	$3,397	-	-	3 (25%)	$3,522	-	-
Average	10 (67.67%)	$3,604	-	-	7 (49.22%)	$2,109	-	-

^*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, 10 (64.56 % of students) get any students loan help and its average loan amount is $10.

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	17 (85%)	$2,903	17 (85%)	$2,903	-	-
2014-15	9 (64%)	$2,828	9 (64%)	$2,828	-	-
2015-16	15 (65%)	$5,060	15 (65%)	$5,060	-	-
2016-17	9 (56%)	$4,722	9 (56%)	$4,722	-	-
2017-18	5 (42%)	$4,300	5 (42%)	$4,300	-	-
2018-19	8 (89%)	$3,025	8 (89%)	$2,700	1 (11%)	$2,600
2019-20	6 (38%)	$5,717	6 (38%)	$5,717	-	-
2020-21	10 (67%)	$4,760	10 (67%)	$4,760	-	-
2021-22	9 (75%)	$2,056	9 (75%)	$2,056	-	-
Average	10 (64.56%)	$3,930	10 (64.56%)	$3,894	1 (11.00%)	$2,600

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Scholarships, Grants, and Loan Trends at AAMI

All Undergraduate Students Financial Aid Over Time

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