How Collectiv Academy'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 Collectiv Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 44, which is 71.00 % of all undergraduate students. 52 students which is 64.29% of undergraduate students received federal student loans and the average loan amount is $4,748.

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	60 (100%)	$4,800	60 (100%)	$4,000	50 (83%)	$2,500
2014-15	59 (92%)	$4,082	59 (92%)	$3,259	16 (25%)	$2,982
2015-16	23 (59%)	$4,944	23 (59%)	$4,944	-	-
2016-17	22 (67%)	$4,260	22 (67%)	$4,260	-	-
2017-18	28 (78%)	$3,877	27 (75%)	$3,502	16 (44%)	$4,419
2018-19	38 (93%)	$5,125	38 (93%)	$5,125	34 (83%)	$6,160
2019-20	46 (47%)	$6,195	46 (47%)	$6,195	56 (58%)	$6,925
2020-21	66 (56%)	$3,640	66 (56%)	$3,640	89 (76%)	$5,651
2021-22	58 (47%)	$4,944	58 (47%)	$4,944	100 (81%)	$4,602
Average	44 (71.00%)	$4,652	44 (70.67%)	$4,430	52 (64.29%)	$4,748

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

Overview

For the last 10 years, on average, 27 (74.44 % of students) received grants or scholarships and its average amount is $5,238. It can cover 32.94% of tuition & fees ($15,900).

In addition, 39 (67.17 % of students) students get helped from the students loans (average amount : $5,814).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	40 (83%)	$4,813	30 (63%)	$2,500
2014-15	30 (94%)	$4,875	-	-
2015-16	6 (67%)	$5,775	-	-
2016-17	1 (100%)	$5,815	-	-
2017-18	9 (69%)	$6,818	7 (54%)	$9,536
2018-19	33 (100%)	$5,902	26 (79%)	$6,074
2019-20	26 (47%)	$4,838	26 (47%)	$5,567
2020-21	53 (62%)	$3,713	68 (79%)	$6,382
2021-22	46 (48%)	$4,592	77 (81%)	$4,823
Average	27 (74.44%)	$5,238	39 (67.17%)	$5,814

^*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, 26 (72.56 % of students) received Pell (federal) grants and its average amount is $4,805.

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	35 (73%)	$4,000	-	-	-	-	35 (73%)	$1,500
2014-15	30 (94%)	$2,686	-	-	-	-	27 (84%)	$2,433
2015-16	6 (67%)	$5,775	-	-	-	-	-	-
2016-17	1 (100%)	$5,815	-	-	-	-	-	-
2017-18	8 (62%)	$5,920	-	-	-	-	7 (54%)	$2,000
2018-19	33 (100%)	$5,902	-	-	-	-	-	-
2019-20	26 (47%)	$4,838	-	-	-	-	-	-
2020-21	53 (62%)	$3,713	-	-	-	-	-	-
2021-22	46 (48%)	$4,592	-	-	-	-	-	-
Average	26 (72.56%)	$4,805	-	-	-	-	23 (70.33%)	$1,978

^*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, 39 (67.17 % of students) get any students loan help and its average loan amount is $39.

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	30 (63%)	$2,500	30 (63%)	$2,500	-	-
2014-15	-	-	-	-	-	-
2015-16	-	-	-	-	-	-
2016-17	-	-	-	-	-	-
2017-18	7 (54%)	$9,536	7 (54%)	$9,536	-	-
2018-19	26 (79%)	$6,074	26 (79%)	$6,074	-	-
2019-20	26 (47%)	$5,567	26 (47%)	$5,567	-	-
2020-21	68 (79%)	$6,382	68 (79%)	$5,500	15 (17%)	$4,000
2021-22	77 (81%)	$4,823	77 (81%)	$4,823	-	-
Average	39 (67.17%)	$5,814	39 (67.17%)	$5,667	15 (17.00%)	$4,000

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Scholarships, Grants, and Loan Trends at Collectiv Academy

All Undergraduate Students Financial Aid Over Time

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