Scholarships, Grants, and Loan Trends at American Career College-Los Angeles

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,890, which is 73.67 % of all undergraduate students. 1,508 students which is 58.56% of undergraduate students received federal student loans and the average loan amount is $7,691.
For full-time, first-time beginning students (freshmen), 74.11% of students received grants or scholarships and 61% 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 Career College-Los Angeles since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,890, which is 73.67 % of all undergraduate students. 1,508 students which is 58.56% of undergraduate students received federal student loans and the average loan amount is $7,691.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,223 (76%)$4,1052,167 (74%)$3,5631,910 (65%)$7,441
2014-151,914 (69%)$4,1541,811 (65%)$3,7051,452 (52%)$7,533
2015-161,724 (68%)$4,3431,630 (64%)$3,8081,380 (54%)$7,448
2016-171,496 (69%)$4,1591,363 (63%)$3,5161,154 (53%)$7,488
2017-181,440 (71%)$4,5451,311 (64%)$3,9401,164 (57%)$7,620
2018-191,637 (71%)$4,5171,471 (64%)$3,9991,395 (60%)$7,601
2019-201,961 (79%)$5,4671,668 (67%)$4,3391,517 (61%)$8,014
2020-212,433 (85%)$4,9561,855 (65%)$4,5691,857 (65%)$7,637
2021-222,180 (75%)$5,1501,741 (60%)$4,4641,742 (60%)$8,436
Average1,890 (73.67%)$4,6001,669 (65.11%)$3,9891,508 (58.56%)$7,691

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

For the last 10 years, on average, 537 (74.11 % of students) received grants or scholarships and its average amount is $4,516. It can cover 11.56% of tuition & fees ($39,050).
In addition, 428 (61.11 % of students) students get helped from the students loans (average amount : $8,235).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14941 (74%)$3,996770 (60%)$7,661
2014-15668 (68%)$4,201498 (51%)$7,986
2015-16569 (67%)$4,268425 (50%)$7,959
2016-17506 (69%)$4,137392 (53%)$7,907
2017-18588 (76%)$4,816452 (59%)$7,820
2018-19451 (68%)$4,436329 (50%)$7,991
2019-20442 (76%)$5,153301 (52%)$8,779
2020-21310 (85%)$4,596317 (87%)$8,322
2021-22355 (84%)$5,042372 (88%)$9,686
Average537 (74.11%)$4,516428 (61.11%)$8,235
*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, 499 (68.56 % of students) received Pell (federal) grants and its average amount is $4,012.
In addition, 43 students received State/local government grants/scholarships (6.22 % 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
2013-14923 (72%)$3,710657 (52%)$8429 (2%)$1,851138 (11%)$1,644
2014-15629 (64%)$3,858474 (49%)$8332 (3%)$2,513109 (11%)$2,387
2015-16531 (62%)$3,836390 (46%)$12625 (3%)$3,06795 (11%)$2,795
2016-17462 (63%)$3,605360 (49%)$16143 (6%)$2,515137 (19%)$1,913
2017-18540 (70%)$4,128285 (37%)$27652 (7%)$2,515147 (19%)$2,677
2018-19387 (59%)$3,915322 (49%)$165108 (16%)$2,04756 (8%)$3,774
2019-20384 (66%)$4,226334 (57%)$1,12685 (15%)$2,08045 (8%)$2,264
2020-21294 (81%)$4,212275 (76%)$3347 (2%)$2,34820 (6%)$3,907
2021-22339 (80%)$4,615311 (74%)$2168 (2%)$5,43170 (17%)$1,639
Average499 (68.56%)$4,012379 (54.33%)$28643 (6.22%)$2,70791 (12.22%)$2,556
*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, 428 (61.11 % of students) get any students loan help and its average loan amount is $428.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14770 (60%)$7,661769 (60%)$7,49614 (1%)$9,577
2014-15498 (51%)$7,986495 (51%)$7,60814 (1%)$15,063
2015-16425 (50%)$7,959424 (50%)$7,24917 (2%)$18,155
2016-17392 (53%)$7,907388 (53%)$7,28418 (2%)$15,191
2017-18452 (59%)$7,820444 (58%)$7,38625 (3%)$10,214
2018-19329 (50%)$7,991319 (48%)$7,30527 (4%)$11,066
2019-20301 (52%)$8,779299 (51%)$7,95713 (2%)$20,255
2020-21317 (87%)$8,322312 (86%)$7,33320 (6%)$17,509
2021-22372 (88%)$9,686366 (87%)$8,61033 (8%)$13,690
Average428 (61.11%)$8,235424 (60.44%)$7,58120 (3.22%)$14,524
Most Searched California Colleges (last 30 days)
Related Articles and Ads