Scholarships, Grants, and Loan Trends at Carrington College-Phoenix East

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 418, which is 66.40 % of all undergraduate students. 324 students which is 54.20% of undergraduate students received federal student loans and the average loan amount is $8,739.
For full-time, first-time beginning students (freshmen), 72.80% 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 Carrington College-Phoenix East since 2013.
For that period, the average number of students who received grants aid/scholarships is 418, which is 66.40 % of all undergraduate students. 324 students which is 54.20% of undergraduate students received federal student loans and the average loan amount is $8,739.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14713 (84%)$3,139553 (65%)$3,789449 (53%)$8,552
2014-15483 (74%)$4,047475 (73%)$3,944307 (47%)$8,344
2015-16408 (69%)$4,126359 (61%)$3,995316 (53%)$7,209
2016-17304 (68%)$4,417288 (64%)$4,070329 (74%)$7,292
2017-18182 (37%)$6,650174 (35%)$5,648219 (44%)$12,299
Average418 (66.40%)$4,476370 (59.60%)$4,289324 (54.20%)$8,739

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

For the last 6 years, on average, 50 (72.80 % of students) received grants or scholarships and its average amount is $4,647. It can cover 9.43% of tuition & fees ($49,285).
In addition, 52 (74.00 % of students) students get helped from the students loans (average amount : $8,930).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1468 (84%)$4,13466 (81%)$8,596
2014-1534 (81%)$3,96031 (74%)$8,354
2015-1657 (84%)$4,45457 (84%)$6,364
2016-1737 (74%)$4,81742 (84%)$8,127
2017-1855 (41%)$5,87063 (47%)$13,209
Average50 (72.80%)$4,64752 (74.00%)$8,930
*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 6 years, on average, 49 (70.80 % of students) received Pell (federal) grants and its average amount is $4,199.
In addition, 1 students received State/local government grants/scholarships (1.75 % 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
2013-1466 (81%)$3,85514 (17%)$4682 (2%)$6,2433 (4%)$2,559
2014-1533 (79%)$3,63210 (24%)$3561 (2%)$3,31511 (26%)$720
2015-1655 (81%)$4,11520 (29%)$3531 (1%)$9,11326 (38%)$437
2016-1737 (74%)$4,25920 (40%)$3221 (2%)$11,96820 (40%)$111
2017-1852 (39%)$5,13314 (10%)$411--12 (9%)$4,179
Average49 (70.80%)$4,19916 (24.00%)$3821 (1.75%)$7,66014 (23.40%)$1,601
*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 6 years, on average, 52 (74.00 % of students) get any students loan help and its average loan amount is $52.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1466 (81%)$8,59666 (81%)$7,9875 (6%)$8,032
2014-1531 (74%)$8,35431 (74%)$7,6422 (5%)$11,044
2015-1657 (84%)$6,36457 (84%)$5,6913 (4%)$12,788
2016-1742 (84%)$8,12742 (84%)$7,3422 (4%)$16,488
2017-1863 (47%)$13,20963 (47%)$11,5217 (5%)$15,186
Average52 (74.00%)$8,93052 (74.00%)$8,0374 (4.80%)$12,708
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