How Cortiva Institute-Miami'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-Miami since 2013.

For that period, the average number of students who received grants aid/scholarships is 173, which is 55.80 % of all undergraduate students. 244 students which is 78.20% of undergraduate students received federal student loans and the average loan amount is $2,890.

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	173 (47%)	$2,257	173 (47%)	$2,176	250 (68%)	$3,579
2014-15	164 (45%)	$2,138	164 (45%)	$2,063	242 (66%)	$2,727
2015-16	187 (58%)	$1,933	187 (58%)	$1,893	271 (84%)	$2,855
2016-17	180 (61%)	$1,941	180 (61%)	$1,910	260 (88%)	$2,701
2017-18	159 (68%)	$1,720	159 (68%)	$1,682	198 (85%)	$2,589
Average	173 (55.80%)	$1,998	173 (55.80%)	$1,945	244 (78.20%)	$2,890

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

Overview

For the last 6 years, on average, 48 (41.40 % of students) received grants or scholarships and its average amount is $2,738. It can cover 17.44% of tuition & fees ($15,699).

In addition, 101 (88.60 % of students) students get helped from the students loans (average amount : $6,846).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	69 (52%)	$3,019	127 (95%)	$7,266
2014-15	52 (42%)	$2,977	116 (94%)	$6,700
2015-16	49 (45%)	$2,530	97 (89%)	$6,940
2016-17	37 (35%)	$2,634	88 (83%)	$6,916
2017-18	31 (33%)	$2,532	76 (82%)	$6,410
Average	48 (41.40%)	$2,738	101 (88.60%)	$6,846

^*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, 48 (41.40 % of students) received Pell (federal) grants and its average amount is $2,643.

In addition, 1 students received State/local government grants/scholarships (1.00 % 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	69 (52%)	$2,947	8 (6%)	$500	1 (1%)	$985	-	-
2014-15	52 (42%)	$2,844	12 (10%)	$500	1 (1%)	$915	-	-
2015-16	49 (45%)	$2,469	6 (6%)	$500	-	-	-	-
2016-17	37 (35%)	$2,485	9 (8%)	$500	1 (1%)	$1,000	-	-
2017-18	31 (33%)	$2,468	4 (4%)	$500	-	-	-	-
Average	48 (41.40%)	$2,643	8 (6.80%)	$500	1 (1.00%)	$967	-	-

^*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, 101 (88.60 % of students) get any students loan help and its average loan amount is $101.

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	127 (95%)	$7,266	127 (95%)	$4,956	95 (71%)	$3,088
2014-15	116 (94%)	$6,700	116 (94%)	$4,725	77 (62%)	$2,975
2015-16	97 (89%)	$6,940	97 (89%)	$4,373	73 (67%)	$3,411
2016-17	88 (83%)	$6,916	88 (83%)	$4,393	64 (60%)	$3,469
2017-18	76 (82%)	$6,410	76 (82%)	$4,422	53 (57%)	$2,850
Average	101 (88.60%)	$6,846	101 (88.60%)	$4,574	72 (63.40%)	$3,159

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

All Undergraduate Students Financial Aid Over Time

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