How Cortiva Institute'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 since 2013.

For that period, the average number of students who received grants aid/scholarships is 352, which is 63.22 % of all undergraduate students. 440 students which is 76.89% of undergraduate students received federal student loans and the average loan amount is $4,029.

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	395 (57%)	$1,625	391 (57%)	$1,564	572 (83%)	$2,681
2014-15	447 (63%)	$1,894	447 (63%)	$1,824	611 (86%)	$2,698
2015-16	490 (67%)	$1,969	490 (67%)	$1,942	644 (88%)	$3,325
2016-17	543 (69%)	$1,871	543 (69%)	$1,851	669 (85%)	$3,123
2017-18	466 (72%)	$2,064	466 (72%)	$2,038	569 (88%)	$3,322
2018-19	188 (78%)	$3,649	188 (78%)	$3,629	215 (90%)	$5,979
2019-20	227 (59%)	$3,065	221 (57%)	$3,029	266 (69%)	$4,555
2020-21	209 (55%)	$3,799	205 (54%)	$3,745	216 (57%)	$5,719
2021-22	206 (49%)	$3,396	204 (48%)	$3,338	195 (46%)	$4,863
Average	352 (63.22%)	$2,592	351 (62.78%)	$2,551	440 (76.89%)	$4,029

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

Overview

For the last 10 years, on average, 83 (55.11 % of students) received grants or scholarships and its average amount is $2,792. It can cover 17.88% of tuition & fees ($15,616).

In addition, 164 (86.78 % of students) students get helped from the students loans (average amount : $6,439).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	108 (40%)	$1,918	253 (95%)	$7,120
2014-15	83 (33%)	$1,979	235 (94%)	$7,010
2015-16	88 (34%)	$2,253	247 (96%)	$7,310
2016-17	108 (38%)	$2,254	271 (96%)	$7,198
2017-18	88 (38%)	$2,263	201 (87%)	$7,304
2018-19	59 (83%)	$3,539	64 (90%)	$5,990
2019-20	65 (76%)	$2,885	71 (83%)	$4,378
2020-21	67 (92%)	$4,245	63 (86%)	$6,313
2021-22	80 (62%)	$3,793	70 (54%)	$5,330
Average	83 (55.11%)	$2,792	164 (86.78%)	$6,439

^*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, 82 (54.44 % of students) received Pell (federal) grants and its average amount is $2,737.

In addition, 4 students received State/local government grants/scholarships (2.00 % of students).

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	105 (39%)	$1,853	12 (4%)	$500	6 (2%)	$1,100	-	-
2014-15	83 (33%)	$1,913	9 (4%)	$500	1 (0%)	$1,000	-	-
2015-16	88 (34%)	$2,185	12 (5%)	$500	-	-	-	-
2016-17	108 (38%)	$2,198	12 (4%)	$500	-	-	-	-
2017-18	88 (38%)	$2,212	9 (4%)	$500	-	-	-	-
2018-19	59 (83%)	$3,520	6 (8%)	$192	-	-	-	-
2019-20	63 (73%)	$2,884	26 (30%)	$224	-	-	-	-
2020-21	66 (90%)	$4,185	50 (68%)	$165	-	-	-	-
2021-22	80 (62%)	$3,685	60 (46%)	$144	-	-	-	-
Average	82 (54.44%)	$2,737	22 (19.22%)	$358	4 (2.00%)	$1,050	-	-

^*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, 164 (86.78 % of students) get any students loan help and its average loan amount is $164.

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	253 (95%)	$7,120	251 (94%)	$5,084	176 (66%)	$2,985
2014-15	235 (94%)	$7,010	235 (94%)	$5,155	153 (61%)	$2,849
2015-16	247 (96%)	$7,310	247 (96%)	$5,250	185 (72%)	$2,750
2016-17	271 (96%)	$7,198	266 (94%)	$5,235	203 (72%)	$2,750
2017-18	201 (87%)	$7,304	197 (85%)	$5,193	178 (77%)	$2,500
2018-19	64 (90%)	$5,990	64 (90%)	$5,990	-	-
2019-20	71 (83%)	$4,378	71 (83%)	$4,378	-	-
2020-21	63 (86%)	$6,313	63 (86%)	$6,313	-	-
2021-22	70 (54%)	$5,330	70 (54%)	$5,330	-	-
Average	164 (86.78%)	$6,439	163 (86.22%)	$5,325	179 (69.60%)	$2,767

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Scholarships, Grants, and Loan Trends at Cortiva Institute

All Undergraduate Students Financial Aid Over Time

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