Scholarships, Grants, and Loan Trends at American Business and Technology

Over the past 9 years (2013-2021), the average number of students who received grants aid/scholarships is 274, which is 37.63 % of all undergraduate students. 60 students which is 8.50% of undergraduate students received federal student loans and the average loan amount is $4,105.
For full-time, first-time beginning students (freshmen), 34.25% of students received grants or scholarships and 5% 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 American Business and Technology University since 2013.
For that period, the average number of students who received grants aid/scholarships is 274, which is 37.63 % of all undergraduate students. 60 students which is 8.50% of undergraduate students received federal student loans and the average loan amount is $4,105.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14170 (8%)$9,258149 (7%)$3,993128 (6%)$7,647
2014-15286 (44%)$1,937200 (30%)$1,347109 (17%)$2,612
2015-16255 (50%)$3,909247 (49%)$2,71752 (10%)$6,263
2016-17268 (55%)$3,331265 (55%)$3,2227 (1%)$3,003
2017-18673 (52%)$3,875124 (10%)$4,7792 (0%)$1,000
2018-19100 (27%)$1,68334 (9%)$3,249--
2019-2045 (11%)$3,04740 (10%)$2,950--
2020-21392 (54%)$13,85729 (4%)$2,587--
Average274 (37.63%)$5,112136 (21.75%)$3,10660 (8.50%)$4,105

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

For the last 9 years, on average, 123 (34.25 % of students) received grants or scholarships and its average amount is $4,445. It can cover 20.72% of tuition & fees ($21,450).
In addition, 17 (5.00 % of students) students get helped from the students loans (average amount : $3,811).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1459 (7%)$3,65747 (6%)$6,517
2014-1525 (33%)$2,1923 (4%)$3,917
2015-1678 (55%)$2,107--
2016-1787 (64%)$3,740--
2017-18672 (64%)$3,6191 (0%)$1,000
2018-1932 (36%)$2,525--
2019-209 (4%)$2,717--
2020-2125 (11%)$15,004--
Average123 (34.25%)$4,44517 (5.00%)$3,811
*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, 50 (24.00 % of students) received Pell (federal) grants and its average amount is $2,853.
In addition, 3 students received State/local government grants/scholarships (1.33 % 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
2013-1459 (7%)$3,657------
2014-1525 (33%)$2,192------
2015-1678 (55%)$2,107------
2016-1786 (64%)$3,703--1 (1%)$6,882--
2017-18123 (12%)$3,842302 (29%)$5,7876 (1%)$7,097428 (41%)$394
2018-1914 (16%)$2,187--2 (2%)$4,70631 (34%)$1,315
2019-206 (2%)$2,0753 (1%)$4,000----
2020-216 (3%)$3,064----23 (11%)$15,510
Average50 (24.00%)$2,853153 (15.00%)$4,8943 (1.33%)$6,228161 (28.67%)$5,740
*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, 17 (5.00 % of students) get any students loan help and its average loan amount is $17.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1447 (6%)$6,51747 (6%)$6,517--
2014-153 (4%)$3,9173 (4%)$3,917--
2015-16------
2016-17------
2017-181 (0%)$1,0001 (0%)$1,000--
2018-19------
2019-20------
2020-21------
Average17 (5.00%)$3,81117 (5.00%)$3,811--
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