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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 86, which is 53.00 % of all undergraduate students. 110 students which is 67.33% of undergraduate students received federal student loans and the average loan amount is $9,576.
For full-time, first-time beginning students (freshmen), 71.78% of students received grants or scholarships and 80% 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 Aviation Institute of Maintenance-Indianapolis since 2013.
For that period, the average number of students who received grants aid/scholarships is 86, which is 53.00 % of all undergraduate students. 110 students which is 67.33% of undergraduate students received federal student loans and the average loan amount is $9,576.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (66%)$4,145101 (64%)$3,518120 (76%)$7,984
2014-1577 (54%)$3,76877 (54%)$3,63987 (61%)$9,550
2015-1685 (51%)$3,91285 (51%)$3,788101 (60%)$9,084
2016-1782 (53%)$4,04582 (53%)$3,889116 (75%)$11,973
2017-1882 (61%)$4,18082 (61%)$4,055112 (83%)$11,088
2018-1995 (57%)$5,42395 (57%)$5,256129 (77%)$11,930
2019-2040 (25%)$6,36940 (25%)$5,34950 (31%)$7,410
2020-21110 (57%)$3,955109 (56%)$3,549138 (72%)$8,797
2021-22102 (53%)$5,583101 (53%)$4,474136 (71%)$8,364
Average86 (53.00%)$4,59886 (52.67%)$4,169110 (67.33%)$9,576

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

For the last 10 years, on average, 15 (71.78 % of students) received grants or scholarships and its average amount is $4,863. It can cover 29.02% of tuition & fees ($16,757).
In addition, 17 (80.22 % of students) students get helped from the students loans (average amount : $8,873).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1430 (88%)$4,14730 (88%)$8,673
2014-1518 (75%)$4,34916 (67%)$10,860
2015-1620 (74%)$5,44122 (81%)$11,029
2016-178 (67%)$4,72311 (92%)$11,938
2017-188 (57%)$4,29410 (71%)$11,703
2018-1916 (84%)$4,14916 (84%)$7,284
2019-2011 (61%)$5,37416 (89%)$6,371
2020-2116 (73%)$5,79417 (77%)$5,909
2021-2210 (67%)$5,49611 (73%)$6,094
Average15 (71.78%)$4,86317 (80.22%)$8,873
*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, 15 (71.78 % of students) received Pell (federal) grants and its average amount is $4,363.
In addition, 1 students received State/local government grants/scholarships (6.00 % 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
2013-1430 (88%)$3,91326 (76%)$269----
2014-1518 (75%)$4,13811 (46%)$345----
2015-1620 (74%)$5,20114 (52%)$343----
2016-178 (67%)$3,8296 (50%)$417--1 (8%)$4,652
2017-188 (57%)$3,8482 (14%)$5501 (7%)$2,474--
2018-1916 (84%)$3,98711 (58%)$236----
2019-2011 (61%)$4,1926 (33%)$2,167----
2020-2116 (73%)$4,8537 (32%)$2,0071 (5%)$5001 (5%)$500
2021-2210 (67%)$5,3065 (33%)$380----
Average15 (71.78%)$4,36310 (43.78%)$7461 (6.00%)$1,4871 (6.50%)$2,576
*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, 17 (80.22 % of students) get any students loan help and its average loan amount is $17.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1430 (88%)$8,67330 (88%)$8,673--
2014-1516 (67%)$10,86016 (67%)$10,860--
2015-1622 (81%)$11,02922 (81%)$10,1763 (11%)$6,250
2016-1711 (92%)$11,93811 (92%)$11,938--
2017-1810 (71%)$11,70310 (71%)$11,703--
2018-1916 (84%)$7,28416 (84%)$7,284--
2019-2016 (89%)$6,37116 (89%)$5,6721 (6%)$11,181
2020-2117 (77%)$5,90917 (77%)$5,909--
2021-2211 (73%)$6,09411 (73%)$6,094--
Average17 (80.22%)$8,87317 (80.22%)$8,7012 (8.50%)$8,716
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