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

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 324, which is 55.00 % of all undergraduate students. 513 students which is 86.60% of undergraduate students received federal student loans and the average loan amount is $3,122.
For full-time, first-time beginning students (freshmen), 42.80% of students received grants or scholarships and 94% of students received student loans.

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-Phoenix since 2013.
For that period, the average number of students who received grants aid/scholarships is 324, which is 55.00 % of all undergraduate students. 513 students which is 86.60% of undergraduate students received federal student loans and the average loan amount is $3,122.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14314 (46%)$3,187314 (46%)$3,114576 (84%)$3,043
2014-15284 (48%)$3,284284 (48%)$3,151479 (81%)$3,418
2015-16296 (58%)$2,910296 (58%)$2,639448 (88%)$3,835
2016-17386 (62%)$2,135386 (62%)$2,031567 (91%)$2,613
2017-18339 (61%)$2,422339 (61%)$2,367496 (89%)$2,702
Average324 (55.00%)$2,788324 (55.00%)$2,660513 (86.60%)$3,122

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

For the last 6 years, on average, 88 (42.80 % of students) received grants or scholarships and its average amount is $3,930. It can cover 26.35% of tuition & fees ($14,914).
In addition, 193 (94.40 % of students) students get helped from the students loans (average amount : $6,572).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14108 (43%)$3,954237 (94%)$6,485
2014-1596 (45%)$3,987211 (100%)$6,147
2015-1682 (46%)$3,863172 (97%)$6,573
2016-1787 (42%)$3,946188 (90%)$7,041
2017-1866 (38%)$3,898156 (91%)$6,616
Average88 (42.80%)$3,930193 (94.40%)$6,572
*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.
The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 88 (42.80 % of students) received Pell (federal) grants and its average amount is $3,800.
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14108 (43%)$3,84513 (5%)$500--1 (0%)$5,300
2014-1596 (45%)$3,88515 (7%)$500--1 (0%)$2,300
2015-1682 (46%)$3,75917 (10%)$500----
2016-1787 (42%)$3,78528 (13%)$500----
2017-1866 (38%)$3,72423 (13%)$500----
Average88 (42.80%)$3,80019 (9.60%)$500--1 (0.00%)$3,800
*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..
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, 193 (94.40 % of students) get any students loan help and its average loan amount is $193.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14237 (94%)$6,485237 (94%)$4,156184 (73%)$3,000
2014-15211 (100%)$6,147211 (100%)$4,210146 (69%)$2,800
2015-16172 (97%)$6,573172 (97%)$4,375126 (71%)$3,000
2016-17188 (90%)$7,041188 (90%)$4,386156 (75%)$3,200
2017-18156 (91%)$6,616156 (91%)$4,395132 (77%)$2,625
Average193 (94.40%)$6,572193 (94.40%)$4,304149 (73.00%)$2,925
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