Scholarships, Grants, and Loan Trends at AIMM

Over the past 10 years (2013-2022), 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.
For full-time, first-time beginning students (freshmen), 52.56% 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 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.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14159 (51%)$2,632114 (37%)$3,440182 (59%)$5,166
2014-1577 (31%)$3,49375 (30%)$3,323129 (51%)$4,712
2015-16232 (89%)$2,263198 (76%)$1,172232 (89%)$3,772
2016-17109 (42%)$2,920109 (42%)$2,727136 (53%)$4,613
2017-18181 (66%)$3,003154 (56%)$3,436173 (63%)$5,973
2018-19177 (54%)$3,418177 (54%)$3,365208 (64%)$5,516
2019-20187 (57%)$3,543141 (43%)$4,560203 (62%)$6,537
2020-21210 (64%)$3,327113 (34%)$5,543208 (63%)$6,205
2021-22167 (50%)$3,548166 (50%)$3,418213 (64%)$5,604
Average167 (56.00%)$3,127139 (46.89%)$3,443187 (63.11%)$5,344

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1445 (45%)$4,34166 (67%)$6,912
2014-1535 (29%)$2,47883 (69%)$5,935
2015-1692 (90%)$2,28392 (90%)$5,065
2016-1734 (47%)$3,06749 (67%)$5,234
2017-1827 (34%)$4,14135 (44%)$6,655
2018-1946 (49%)$3,67359 (63%)$5,601
2019-2060 (61%)$3,80870 (71%)$6,517
2020-2178 (67%)$3,94582 (70%)$6,263
2021-2245 (51%)$4,23657 (65%)$6,323
Average51 (52.56%)$3,55266 (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.
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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1445 (45%)$4,02823 (23%)$548--1 (1%)$1,500
2014-1523 (19%)$2,69331 (26%)$510--6 (5%)$1,500
2015-1692 (90%)$2,15212 (12%)$1,000----
2016-1734 (47%)$2,91416 (22%)$325----
2017-1827 (34%)$3,8344 (5%)$600--1 (1%)$5,885
2018-1946 (49%)$3,6254 (4%)$550----
2019-2048 (49%)$4,63512 (12%)$500----
2020-2166 (56%)$3,77537 (32%)$1,583----
2021-2245 (51%)$4,02319 (22%)$505----
Average47 (48.89%)$3,52018 (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..
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.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1466 (67%)$6,91266 (67%)$6,6162 (2%)$9,775
2014-1583 (69%)$5,93583 (69%)$5,5324 (3%)$8,359
2015-1692 (90%)$5,06592 (90%)$4,7176 (6%)$5,333
2016-1749 (67%)$5,23449 (67%)$4,8661 (1%)$18,000
2017-1835 (44%)$6,65535 (44%)$6,1272 (3%)$9,250
2018-1959 (63%)$5,60159 (63%)$5,1041 (1%)$29,300
2019-2070 (71%)$6,51767 (68%)$6,5013 (3%)$6,875
2020-2182 (70%)$6,26377 (66%)$5,7625 (4%)$13,971
2021-2257 (65%)$6,32357 (65%)$5,2484 (5%)$15,321
Average66 (67.33%)$6,05665 (66.56%)$5,6083 (3.11%)$12,909
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