Scholarships, Grants, and Loan Trends at American Educational

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 428, which is 92.63 % of all undergraduate students. 70 students which is 22.00% of undergraduate students received federal student loans and the average loan amount is $2,068.
For full-time, first-time beginning students (freshmen), 97.38% of students received grants or scholarships and 15% 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 Educational College since 2013.
For that period, the average number of students who received grants aid/scholarships is 428, which is 92.63 % of all undergraduate students. 70 students which is 22.00% of undergraduate students received federal student loans and the average loan amount is $2,068.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14313 (56%)$2,731313 (56%)$2,521--
2014-15663 (99%)$2,825663 (99%)$2,632--
2015-16709 (99%)$5,653709 (99%)$5,384--
2016-17593 (98%)$2,804593 (98%)$2,679--
2017-18--
2018-19315 (98%)$7,195315 (98%)$6,81970 (22%)$2,068
2019-20341 (96%)$5,921341 (96%)$2,802--
2020-21280 (97%)$2,918280 (97%)$2,867--
2021-22206 (98%)$3,047206 (98%)$2,957--
Average428 (92.63%)$4,137428 (92.63%)$3,58370 (22.00%)$2,068

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

For the last 10 years, on average, 263 (97.38 % of students) received grants or scholarships and its average amount is $3,546. It can cover 42.69% of tuition & fees ($8,306).
In addition, 29 (15.00 % of students) students get helped from the students loans (average amount : $2,413).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14312 (97%)$2,740--
2014-15423 (99%)$2,821--
2015-16412 (98%)$2,769--
2016-17318 (97%)$2,783--
2017-18--
2018-19185 (97%)$8,35629 (15%)$2,413
2019-20166 (98%)$2,928--
2020-21192 (97%)$2,879--
2021-2295 (96%)$3,093--
Average263 (97.38%)$3,54629 (15.00%)$2,413
*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, 263 (97.38 % of students) received Pell (federal) grants and its average amount is $3,359.
In addition, 101 students received State/local government grants/scholarships (29.40 % 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
2013-14312 (97%)$2,529232 (72%)$202108 (33%)$176--
2014-15423 (99%)$2,630216 (51%)$188207 (48%)$194--
2015-16412 (98%)$2,660246 (59%)$14783 (20%)$105--
2016-17318 (97%)$2,679158 (48%)$14852 (16%)$193--
2017-18--
2018-19185 (97%)$7,763167 (88%)$42757 (30%)$6374 (2%)$500
2019-20166 (98%)$2,773125 (74%)$206----
2020-21192 (97%)$2,83387 (44%)$102----
2021-2295 (96%)$3,00269 (70%)$126----
Average263 (97.38%)$3,359163 (63.25%)$193101 (29.40%)$2614 (2.00%)$500
*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, 29 (15.00 % of students) get any students loan help and its average loan amount is $29.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-16------
2016-17------
2017-18--
2018-1929 (15%)$2,41329 (15%)$2,413--
2019-20------
2020-21------
2021-22------
Average29 (15.00%)$2,41329 (15.00%)$2,413--
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