Scholarships, Grants, and Loan Trends at Avenue Five Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 201, which is 43.78 % of all undergraduate students. 224 students which is 49.11% of undergraduate students received federal student loans and the average loan amount is $7,432.
For full-time, first-time beginning students (freshmen), 57.67% of students received grants or scholarships and 74% 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 Avenue Five Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 201, which is 43.78 % of all undergraduate students. 224 students which is 49.11% of undergraduate students received federal student loans and the average loan amount is $7,432.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14168 (42%)$3,458168 (42%)$3,458240 (60%)$9,402
2014-15153 (42%)$3,802153 (42%)$3,802177 (49%)$8,151
2015-16170 (49%)$4,104161 (46%)$3,945179 (51%)$7,297
2016-17189 (42%)$4,045183 (41%)$3,767242 (54%)$7,509
2017-18229 (43%)$4,528215 (40%)$3,653254 (47%)$6,984
2018-19200 (41%)$4,117182 (37%)$4,298194 (39%)$6,965
2019-20238 (48%)$4,654212 (43%)$4,332241 (49%)$7,619
2020-21240 (45%)$4,360218 (41%)$4,394255 (48%)$6,824
2021-22221 (42%)$4,356219 (42%)$4,383236 (45%)$6,133
Average201 (43.78%)$4,158190 (41.56%)$4,004224 (49.11%)$7,432

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

For the last 10 years, on average, 53 (57.67 % of students) received grants or scholarships and its average amount is $4,330. It can cover 33.27% of tuition & fees ($13,012).
In addition, 68 (73.89 % of students) students get helped from the students loans (average amount : $7,667).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418 (44%)$4,06232 (78%)$9,164
2014-1522 (59%)$4,10928 (76%)$8,937
2015-1629 (60%)$4,50436 (75%)$7,842
2016-1740 (44%)$3,93066 (73%)$7,461
2017-18111 (47%)$3,989165 (69%)$7,002
2018-1977 (58%)$4,30782 (62%)$7,086
2019-2071 (76%)$4,45477 (82%)$7,742
2020-2158 (73%)$4,82060 (75%)$6,954
2021-2248 (58%)$4,79262 (75%)$6,816
Average53 (57.67%)$4,33068 (73.89%)$7,667
*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, 50 (54.44 % of students) received Pell (federal) grants and its average amount is $4,420.
In addition, 2 students received State/local government grants/scholarships (2.00 % 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
2013-1418 (44%)$4,062------
2014-1522 (59%)$4,109------
2015-1629 (60%)$4,504------
2016-1740 (44%)$3,930------
2017-18111 (47%)$3,989------
2018-1967 (51%)$4,651----21 (16%)$952
2019-2062 (66%)$4,746----22 (23%)$1,000
2020-2151 (64%)$4,844----28 (35%)$1,161
2021-2246 (55%)$4,943--2 (2%)$1,325--
Average50 (54.44%)$4,420--2 (2.00%)$1,32524 (24.67%)$1,038
*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, 68 (73.89 % of students) get any students loan help and its average loan amount is $68.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1432 (78%)$9,16432 (78%)$9,164--
2014-1528 (76%)$8,93728 (76%)$8,937--
2015-1636 (75%)$7,84236 (75%)$7,842--
2016-1766 (73%)$7,46166 (73%)$7,461--
2017-18165 (69%)$7,002165 (69%)$7,002--
2018-1982 (62%)$7,08682 (62%)$7,086--
2019-2077 (82%)$7,74277 (82%)$7,742--
2020-2160 (75%)$6,95460 (75%)$6,954--
2021-2262 (75%)$6,81662 (75%)$6,816--
Average68 (73.89%)$7,66768 (73.89%)$7,667--
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