Scholarships, Grants, and Loan Trends at American College for Medical Careers

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 456, which is 74.00 % of all undergraduate students. 401 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $6,875.
For full-time, first-time beginning students (freshmen), 76.67% of students received grants or scholarships and 67% 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 College for Medical Careers since 2013.
For that period, the average number of students who received grants aid/scholarships is 456, which is 74.00 % of all undergraduate students. 401 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $6,875.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14308 (69%)$4,045307 (69%)$3,983336 (75%)$9,386
2014-15540 (77%)$4,409538 (77%)$4,374502 (72%)$8,020
2015-16651 (79%)$3,774651 (79%)$3,725566 (69%)$6,384
2016-17568 (75%)$3,813566 (75%)$3,692479 (63%)$6,613
2017-18409 (71%)$4,222409 (71%)$4,117332 (58%)$5,761
2018-19258 (73%)$3,952258 (73%)$3,656192 (55%)$5,087
Average456 (74.00%)$4,036455 (74.00%)$3,925401 (65.33%)$6,875

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

For the last 7 years, on average, 384 (76.67 % of students) received grants or scholarships and its average amount is $4,050. It can cover 20.40% of tuition & fees ($19,850).
In addition, 334 (66.83 % of students) students get helped from the students loans (average amount : $6,616).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14234 (77%)$3,953239 (79%)$8,705
2014-15420 (81%)$4,611395 (76%)$7,811
2015-16533 (80%)$3,858470 (71%)$6,266
2016-17533 (77%)$3,815446 (64%)$6,558
2017-18366 (72%)$4,223289 (57%)$5,515
2018-19219 (73%)$3,838163 (54%)$4,841
Average384 (76.67%)$4,050334 (66.83%)$6,616
*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 7 years, on average, 384 (76.50 % of students) received Pell (federal) grants and its average amount is $3,950.
In addition, 22 students received State/local government grants/scholarships (4.67 % 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
2013-14234 (77%)$3,92822 (7%)$2501 (0%)$313--
2014-15419 (81%)$4,59827 (5%)$3158 (2%)$215--
2015-16533 (80%)$3,80973 (11%)$29024 (4%)$204--
2016-17531 (76%)$3,689171 (25%)$31056 (8%)$383--
2017-18366 (72%)$4,12365 (13%)$565----
2018-19219 (73%)$3,55071 (24%)$887----
Average384 (76.50%)$3,95072 (14.17%)$43622 (4.67%)$279--
*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 7 years, on average, 334 (66.83 % of students) get any students loan help and its average loan amount is $334.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14239 (79%)$8,705239 (79%)$8,705--
2014-15395 (76%)$7,811395 (76%)$7,7592 (0%)$10,250
2015-16470 (71%)$6,266470 (71%)$6,2222 (0%)$10,250
2016-17446 (64%)$6,558446 (64%)$6,558--
2017-18289 (57%)$5,515289 (57%)$5,515--
2018-19163 (54%)$4,841163 (54%)$4,841--
Average334 (66.83%)$6,616334 (66.83%)$6,6002 (0.00%)$10,250
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