How AIMM'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 Atlanta Institute of Music and Media since 2013.

For that period, the average number of students who received grants aid/scholarships is 167, which is 56.00 % of all undergraduate students. 187 students which is 63.11% of undergraduate students received federal student loans and the average loan amount is $5,344.

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	159 (51%)	$2,632	114 (37%)	$3,440	182 (59%)	$5,166
2014-15	77 (31%)	$3,493	75 (30%)	$3,323	129 (51%)	$4,712
2015-16	232 (89%)	$2,263	198 (76%)	$1,172	232 (89%)	$3,772
2016-17	109 (42%)	$2,920	109 (42%)	$2,727	136 (53%)	$4,613
2017-18	181 (66%)	$3,003	154 (56%)	$3,436	173 (63%)	$5,973
2018-19	177 (54%)	$3,418	177 (54%)	$3,365	208 (64%)	$5,516
2019-20	187 (57%)	$3,543	141 (43%)	$4,560	203 (62%)	$6,537
2020-21	210 (64%)	$3,327	113 (34%)	$5,543	208 (63%)	$6,205
2021-22	167 (50%)	$3,548	166 (50%)	$3,418	213 (64%)	$5,604
Average	167 (56.00%)	$3,127	139 (46.89%)	$3,443	187 (63.11%)	$5,344

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

Overview

For the last 10 years, on average, 51 (52.56 % of students) received grants or scholarships and its average amount is $3,552. It can cover 8.64% of tuition & fees ($41,100).

In addition, 66 (67.33 % of students) students get helped from the students loans (average amount : $6,056).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	45 (45%)	$4,341	66 (67%)	$6,912
2014-15	35 (29%)	$2,478	83 (69%)	$5,935
2015-16	92 (90%)	$2,283	92 (90%)	$5,065
2016-17	34 (47%)	$3,067	49 (67%)	$5,234
2017-18	27 (34%)	$4,141	35 (44%)	$6,655
2018-19	46 (49%)	$3,673	59 (63%)	$5,601
2019-20	60 (61%)	$3,808	70 (71%)	$6,517
2020-21	78 (67%)	$3,945	82 (70%)	$6,263
2021-22	45 (51%)	$4,236	57 (65%)	$6,323
Average	51 (52.56%)	$3,552	66 (67.33%)	$6,056

^*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, 47 (48.89 % of students) received Pell (federal) grants and its average amount is $3,520.

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	45 (45%)	$4,028	23 (23%)	$548	-	-	1 (1%)	$1,500
2014-15	23 (19%)	$2,693	31 (26%)	$510	-	-	6 (5%)	$1,500
2015-16	92 (90%)	$2,152	12 (12%)	$1,000	-	-	-	-
2016-17	34 (47%)	$2,914	16 (22%)	$325	-	-	-	-
2017-18	27 (34%)	$3,834	4 (5%)	$600	-	-	1 (1%)	$5,885
2018-19	46 (49%)	$3,625	4 (4%)	$550	-	-	-	-
2019-20	48 (49%)	$4,635	12 (12%)	$500	-	-	-	-
2020-21	66 (56%)	$3,775	37 (32%)	$1,583	-	-	-	-
2021-22	45 (51%)	$4,023	19 (22%)	$505	-	-	-	-
Average	47 (48.89%)	$3,520	18 (17.56%)	$680	-	-	3 (2.33%)	$2,962

^*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, 66 (67.33 % of students) get any students loan help and its average loan amount is $66.

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	66 (67%)	$6,912	66 (67%)	$6,616	2 (2%)	$9,775
2014-15	83 (69%)	$5,935	83 (69%)	$5,532	4 (3%)	$8,359
2015-16	92 (90%)	$5,065	92 (90%)	$4,717	6 (6%)	$5,333
2016-17	49 (67%)	$5,234	49 (67%)	$4,866	1 (1%)	$18,000
2017-18	35 (44%)	$6,655	35 (44%)	$6,127	2 (3%)	$9,250
2018-19	59 (63%)	$5,601	59 (63%)	$5,104	1 (1%)	$29,300
2019-20	70 (71%)	$6,517	67 (68%)	$6,501	3 (3%)	$6,875
2020-21	82 (70%)	$6,263	77 (66%)	$5,762	5 (4%)	$13,971
2021-22	57 (65%)	$6,323	57 (65%)	$5,248	4 (5%)	$15,321
Average	66 (67.33%)	$6,056	65 (66.56%)	$5,608	3 (3.11%)	$12,909

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Scholarships, Grants, and Loan Trends at AIMM

All Undergraduate Students Financial Aid Over Time

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