How American Medical Academy'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 Medical Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 124, which is 18.67 % of all undergraduate students. 141 students which is 20.89% of undergraduate students received federal student loans and the average loan amount is $7,352.

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	77 (16%)	$3,474	77 (16%)	$3,474	86 (18%)	$7,142
2014-15	88 (18%)	$3,120	88 (18%)	$3,120	76 (15%)	$7,025
2015-16	115 (18%)	$3,264	115 (18%)	$3,264	142 (22%)	$6,600
2016-17	152 (23%)	$3,362	152 (23%)	$3,362	188 (28%)	$7,050
2017-18	174 (23%)	$4,015	174 (23%)	$4,015	209 (27%)	$7,994
2018-19	174 (27%)	$4,159	174 (27%)	$4,159	203 (32%)	$7,785
2019-20	147 (19%)	$4,182	120 (16%)	$3,985	157 (20%)	$7,488
2020-21	96 (12%)	$3,706	96 (12%)	$3,706	109 (13%)	$7,812
2021-22	96 (12%)	$5,027	96 (12%)	$5,027	103 (13%)	$7,268
Average	124 (18.67%)	$3,812	121 (18.33%)	$3,790	141 (20.89%)	$7,352

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

Overview

For the last 10 years, on average, 4 (4.14 % of students) received grants or scholarships and its average amount is $4,615. It can cover 205.09% of tuition & fees ($2,250).

In addition, 4 (4.25 % of students) students get helped from the students loans (average amount : $8,399).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	-	-	-	-
2014-15	-	-	4 (2%)	$1,741
2015-16	3 (2%)	$4,813	3 (2%)	$10,155
2016-17	6 (4%)	$4,646	6 (4%)	$9,500
2017-18	4 (4%)	$4,839	6 (6%)	$8,708
2018-19	4 (5%)	$4,696	5 (6%)	$7,900
2019-20	6 (10%)	$4,260	6 (10%)	$9,519
2020-21	2 (2%)	$2,728	2 (2%)	$9,500
2021-22	3 (2%)	$6,320	3 (2%)	$10,167
Average	4 (4.14%)	$4,615	4 (4.25%)	$8,399

^*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, 4 (4.14 % of students) received Pell (federal) grants and its average amount is $4,615.

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	-	-	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	3 (2%)	$4,813	-	-	-	-	-	-
2016-17	6 (4%)	$4,646	-	-	-	-	-	-
2017-18	4 (4%)	$4,839	-	-	-	-	-	-
2018-19	4 (5%)	$4,696	-	-	-	-	-	-
2019-20	6 (10%)	$4,260	-	-	-	-	-	-
2020-21	2 (2%)	$2,728	-	-	-	-	-	-
2021-22	3 (2%)	$6,320	-	-	-	-	-	-
Average	4 (4.14%)	$4,615	-	-	-	-	-	-

^*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, 4 (4.25 % of students) get any students loan help and its average loan amount is $4.

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	-	-	-	-	-	-
2014-15	4 (2%)	$1,741	-	-	4 (2%)	$1,741
2015-16	3 (2%)	$10,155	3 (2%)	$8,155	3 (2%)	$2,000
2016-17	6 (4%)	$9,500	6 (4%)	$9,500	-	-
2017-18	6 (6%)	$8,708	6 (6%)	$8,708	-	-
2018-19	5 (6%)	$7,900	5 (6%)	$7,900	-	-
2019-20	6 (10%)	$9,519	6 (10%)	$9,519	-	-
2020-21	2 (2%)	$9,500	2 (2%)	$9,500	-	-
2021-22	3 (2%)	$10,167	3 (2%)	$10,167	-	-
Average	4 (4.25%)	$8,399	4 (4.57%)	$9,064	4 (2.00%)	$1,871

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Scholarships, Grants, and Loan Trends at American Medical Academy

All Undergraduate Students Financial Aid Over Time

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