How Cortiva Institute-New Jersey'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-New Jersey since 2013.

For that period, the average number of students who received grants aid/scholarships is 59, which is 86.80 % of all undergraduate students. 64 students which is 93.20% of undergraduate students received federal student loans and the average loan amount is $4,233.

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	55 (83%)	$1,503	55 (83%)	$1,492	65 (98%)	$3,618
2014-15	61 (86%)	$1,212	61 (86%)	$1,212	66 (93%)	$2,709
2015-16	96 (88%)	$1,463	92 (84%)	$1,509	99 (91%)	$3,374
2016-17	48 (89%)	$2,291	48 (89%)	$2,247	51 (94%)	$4,799
2017-18	37 (88%)	$2,920	37 (88%)	$2,833	38 (90%)	$6,667
Average	59 (86.80%)	$1,878	59 (86.00%)	$1,859	64 (93.20%)	$4,233

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

Overview

For the last 6 years, on average, 7 (63.00 % of students) received grants or scholarships and its average amount is $3,755. It can cover 28.79% of tuition & fees ($13,044).

In addition, 10 (94.00 % of students) students get helped from the students loans (average amount : $6,260).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	9 (64%)	$3,544	14 (100%)	$6,676
2014-15	7 (64%)	$3,639	9 (82%)	$6,235
2015-16	9 (56%)	$3,694	14 (88%)	$6,212
2016-17	5 (71%)	$3,755	7 (100%)	$6,432
2017-18	3 (60%)	$4,145	5 (100%)	$5,745
Average	7 (63.00%)	$3,755	10 (94.00%)	$6,260

^*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, 7 (63.00 % of students) received Pell (federal) grants and its average amount is $3,649.

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	9 (64%)	$3,511	2 (14%)	$150	-	-	-	-
2014-15	7 (64%)	$3,639	-	-	-	-	-	-
2015-16	9 (56%)	$3,694	-	-	-	-	-	-
2016-17	5 (71%)	$3,755	-	-	-	-	-	-
2017-18	3 (60%)	$3,645	1 (20%)	$500	-	-	1 (20%)	$1,000
Average	7 (63.00%)	$3,649	2 (17.00%)	$325	-	-	1 (20.00%)	$1,000

^*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, 10 (94.00 % of students) get any students loan help and its average loan amount is $10.

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	14 (100%)	$6,676	14 (100%)	$6,205	6 (43%)	$1,100
2014-15	9 (82%)	$6,235	9 (82%)	$5,247	7 (64%)	$1,270
2015-16	14 (88%)	$6,212	14 (88%)	$5,255	9 (56%)	$1,488
2016-17	7 (100%)	$6,432	7 (100%)	$5,325	5 (71%)	$1,550
2017-18	5 (100%)	$5,745	5 (100%)	$5,245	2 (40%)	$1,250
Average	10 (94.00%)	$6,260	10 (94.00%)	$5,455	6 (54.80%)	$1,332

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Scholarships, Grants, and Loan Trends at Cortiva Institute-New Jersey

All Undergraduate Students Financial Aid Over Time

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