How Cortiva Institute-Chicago'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 Cortiva Institute-Chicago since 2013.

For that period, the average number of students who received grants aid/scholarships is 373, which is 73.60 % of all undergraduate students. 460 students which is 90.20% of undergraduate students received federal student loans and the average loan amount is $2,213.

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	398 (67%)	$1,695	398 (67%)	$1,645	502 (84%)	$2,650
2014-15	447 (74%)	$1,670	447 (74%)	$1,645	565 (94%)	$2,285
2015-16	394 (72%)	$1,713	394 (72%)	$1,656	498 (91%)	$2,125
2016-17	323 (77%)	$1,311	323 (77%)	$1,268	391 (93%)	$2,009
2017-18	302 (78%)	$1,384	302 (78%)	$1,331	343 (89%)	$1,996
Average	373 (73.60%)	$1,555	373 (73.60%)	$1,509	460 (90.20%)	$2,213

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

Overview

For the last 6 years, on average, 38 (71.60 % of students) received grants or scholarships and its average amount is $3,990. It can cover 25.32% of tuition & fees ($15,760).

In addition, 47 (88.60 % of students) students get helped from the students loans (average amount : $8,240).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	42 (75%)	$3,898	51 (91%)	$7,466
2014-15	49 (73%)	$3,951	63 (94%)	$7,640
2015-16	38 (72%)	$3,948	47 (89%)	$8,275
2016-17	33 (67%)	$4,012	42 (86%)	$8,902
2017-18	29 (71%)	$4,143	34 (83%)	$8,917
Average	38 (71.60%)	$3,990	47 (88.60%)	$8,240

^*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 6 years, on average, 38 (71.60 % of students) received Pell (federal) grants and its average amount is $3,839.

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	42 (75%)	$3,715	11 (20%)	$455	-	-	1 (2%)	$2,700
2014-15	49 (73%)	$3,764	15 (22%)	$430	-	-	1 (1%)	$2,700
2015-16	38 (72%)	$3,812	6 (11%)	$450	-	-	1 (2%)	$2,450
2016-17	33 (67%)	$3,915	4 (8%)	$475	-	-	2 (4%)	$650
2017-18	29 (71%)	$3,988	6 (15%)	$500	-	-	2 (5%)	$750
Average	38 (71.60%)	$3,839	8 (15.20%)	$462	-	-	1 (2.80%)	$1,850

^*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 6 years, on average, 47 (88.60 % of students) get any students loan help and its average loan amount is $47.

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	51 (91%)	$7,466	51 (91%)	$6,300	23 (41%)	$2,585
2014-15	63 (94%)	$7,640	63 (94%)	$6,463	28 (42%)	$2,650
2015-16	47 (89%)	$8,275	47 (89%)	$6,509	31 (58%)	$2,678
2016-17	42 (86%)	$8,902	42 (86%)	$6,545	36 (73%)	$2,750
2017-18	34 (83%)	$8,917	34 (83%)	$6,724	26 (63%)	$2,867
Average	47 (88.60%)	$8,240	47 (88.60%)	$6,508	29 (55.40%)	$2,706

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Scholarships, Grants, and Loan Trends at Cortiva Institute-Chicago

All Undergraduate Students Financial Aid Over Time

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