How Aviation Institute of Maintenance-Norfolk'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 Aviation Institute of Maintenance-Norfolk since 2013.

For that period, the average number of students who received grants aid/scholarships is 115, which is 51.89 % of all undergraduate students. 120 students which is 53.78% of undergraduate students received federal student loans and the average loan amount is $9,077.

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	139 (59%)	$3,646	139 (59%)	$3,536	153 (65%)	$7,602
2014-15	113 (48%)	$3,649	113 (48%)	$3,505	115 (49%)	$9,260
2015-16	107 (45%)	$4,163	106 (45%)	$3,898	123 (52%)	$8,252
2016-17	106 (58%)	$4,575	106 (58%)	$4,457	98 (53%)	$11,847
2017-18	111 (57%)	$5,900	111 (57%)	$5,793	138 (70%)	$11,734
2018-19	141 (59%)	$6,471	141 (59%)	$5,713	178 (74%)	$9,402
2019-20	44 (19%)	$9,838	44 (19%)	$6,195	48 (21%)	$6,258
2020-21	149 (65%)	$9,779	110 (48%)	$3,135	129 (56%)	$9,052
2021-22	127 (57%)	$5,725	116 (52%)	$4,029	98 (44%)	$8,285
Average	115 (51.89%)	$5,972	110 (49.44%)	$4,473	120 (53.78%)	$9,077

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

Overview

For the last 10 years, on average, 24 (68.44 % of students) received grants or scholarships and its average amount is $5,391. It can cover 32.17% of tuition & fees ($16,757).

In addition, 25 (70.89 % of students) students get helped from the students loans (average amount : $8,260).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	36 (69%)	$4,613	43 (83%)	$7,525
2014-15	20 (63%)	$4,686	20 (63%)	$10,457
2015-16	21 (55%)	$4,242	30 (79%)	$7,408
2016-17	19 (83%)	$4,591	22 (96%)	$10,288
2017-18	15 (65%)	$5,787	13 (57%)	$9,097
2018-19	28 (58%)	$5,748	33 (69%)	$8,690
2019-20	34 (79%)	$6,484	34 (79%)	$6,069
2020-21	21 (72%)	$6,423	17 (59%)	$7,496
2021-22	23 (72%)	$5,947	17 (53%)	$7,306
Average	24 (68.44%)	$5,391	25 (70.89%)	$8,260

^*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, 23 (66.00 % of students) received Pell (federal) grants and its average amount is $4,885.

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	36 (69%)	$4,396	26 (50%)	$300	-	-	-	-
2014-15	20 (63%)	$4,406	14 (44%)	$400	-	-	-	-
2015-16	21 (55%)	$3,975	16 (42%)	$350	-	-	-	-
2016-17	19 (83%)	$4,591	-	-	-	-	-	-
2017-18	15 (65%)	$5,493	11 (48%)	$400	-	-	-	-
2018-19	28 (58%)	$5,531	19 (40%)	$263	-	-	1 (2%)	$1,098
2019-20	34 (79%)	$5,457	21 (49%)	$1,663	-	-	-	-
2020-21	21 (72%)	$4,388	8 (28%)	$5,341	-	-	-	-
2021-22	16 (50%)	$5,726	10 (31%)	$400	-	-	8 (25%)	$5,145
Average	23 (66.00%)	$4,885	16 (41.50%)	$1,140	-	-	5 (13.50%)	$3,122

^*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, 25 (70.89 % of students) get any students loan help and its average loan amount is $25.

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	43 (83%)	$7,525	43 (83%)	$7,525	-	-
2014-15	20 (63%)	$10,457	20 (63%)	$10,457	-	-
2015-16	30 (79%)	$7,408	30 (79%)	$7,408	-	-
2016-17	22 (96%)	$10,288	22 (96%)	$10,288	-	-
2017-18	13 (57%)	$9,097	13 (57%)	$9,097	-	-
2018-19	33 (69%)	$8,690	33 (69%)	$8,326	1 (2%)	$12,000
2019-20	34 (79%)	$6,069	34 (79%)	$6,069	-	-
2020-21	17 (59%)	$7,496	17 (59%)	$7,496	-	-
2021-22	17 (53%)	$7,306	17 (53%)	$7,306	-	-
Average	25 (70.89%)	$8,260	25 (70.89%)	$8,219	1 (2.00%)	$12,000

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Scholarships, Grants, and Loan Trends at Aviation Institute of Maintenance-Norfolk

All Undergraduate Students Financial Aid Over Time

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