How Avalon Institute-Aurora'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 Avalon Institute-Aurora since 2013.

For that period, the average number of students who received grants aid/scholarships is 105, which is 58.22 % of all undergraduate students. 105 students which is 59.22% of undergraduate students received federal student loans and the average loan amount is $6,738.

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	83 (56%)	$3,735	82 (56%)	$3,269	84 (57%)	$9,337
2014-15	55 (51%)	$4,375	53 (49%)	$4,054	62 (57%)	$9,292
2015-16	51 (52%)	$3,571	46 (46%)	$3,592	49 (49%)	$8,062
2016-17	62 (60%)	$3,815	56 (54%)	$3,991	86 (83%)	$5,678
2017-18	63 (67%)	$4,712	45 (48%)	$4,670	50 (53%)	$6,881
2018-19	67 (56%)	$3,502	64 (53%)	$3,536	69 (58%)	$5,523
2019-20	150 (63%)	$3,960	146 (61%)	$3,999	151 (63%)	$5,430
2020-21	219 (66%)	$3,849	219 (66%)	$3,726	200 (60%)	$5,681
2021-22	192 (53%)	$3,243	180 (50%)	$3,253	191 (53%)	$4,760
Average	105 (58.22%)	$3,862	99 (53.67%)	$3,788	105 (59.22%)	$6,738

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

Overview

For the last 10 years, on average, 45 (66.33 % of students) received grants or scholarships and its average amount is $4,085. It can cover 45.39% of tuition & fees ($9,000).

In addition, 47 (79.67 % of students) students get helped from the students loans (average amount : $7,237).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	12 (43%)	$3,787	21 (75%)	$10,582
2014-15	11 (73%)	$4,028	13 (87%)	$11,257
2015-16	11 (61%)	$4,040	14 (78%)	$6,169
2016-17	23 (77%)	$4,033	30 (100%)	$8,886
2017-18	9 (47%)	$5,700	16 (84%)	$6,463
2018-19	28 (76%)	$3,902	28 (76%)	$5,754
2019-20	69 (60%)	$4,120	71 (62%)	$5,264
2020-21	116 (73%)	$4,044	118 (74%)	$5,911
2021-22	123 (87%)	$3,110	114 (81%)	$4,849
Average	45 (66.33%)	$4,085	47 (79.67%)	$7,237

^*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, 43 (64.22 % of students) received Pell (federal) grants and its average amount is $4,005.

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	12 (43%)	$3,454	1 (4%)	$4,000	-	-	-	-
2014-15	10 (67%)	$4,295	-	-	-	-	1 (7%)	$1,359
2015-16	11 (61%)	$3,370	-	-	-	-	3 (17%)	$2,454
2016-17	21 (70%)	$4,322	-	-	-	-	3 (10%)	$667
2017-18	9 (47%)	$5,700	-	-	-	-	-	-
2018-19	28 (76%)	$3,806	-	-	-	-	3 (8%)	$900
2019-20	69 (60%)	$4,016	-	-	-	-	6 (5%)	$1,188
2020-21	116 (73%)	$3,944	-	-	-	-	8 (5%)	$1,438
2021-22	114 (81%)	$3,136	-	-	-	-	19 (13%)	$1,316
Average	43 (64.22%)	$4,005	1 (4.00%)	$4,000	-	-	6 (9.29%)	$1,332

^*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, 47 (79.67 % of students) get any students loan help and its average loan amount is $47.

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	21 (75%)	$10,582	21 (75%)	$10,582	-	-
2014-15	13 (87%)	$11,257	13 (87%)	$11,257	-	-
2015-16	14 (78%)	$6,169	14 (78%)	$6,169	-	-
2016-17	30 (100%)	$8,886	30 (100%)	$8,886	-	-
2017-18	16 (84%)	$6,463	16 (84%)	$6,463	-	-
2018-19	28 (76%)	$5,754	28 (76%)	$5,754	-	-
2019-20	71 (62%)	$5,264	71 (62%)	$5,264	-	-
2020-21	118 (74%)	$5,911	118 (74%)	$5,911	-	-
2021-22	114 (81%)	$4,849	114 (81%)	$4,849	-	-
Average	47 (79.67%)	$7,237	47 (79.67%)	$7,237	-	-

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Scholarships, Grants, and Loan Trends at Avalon Institute-Aurora

All Undergraduate Students Financial Aid Over Time

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