Scholarships, Grants, and Loan Trends at Cortiva Institute-Salt Lake

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 242, which is 50.80 % of all undergraduate students. 432 students which is 89.60% of undergraduate students received federal student loans and the average loan amount is $4,810.
For full-time, first-time beginning students (freshmen), 52.60% of students received grants or scholarships and 84% 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-Salt Lake since 2013.
For that period, the average number of students who received grants aid/scholarships is 242, which is 50.80 % of all undergraduate students. 432 students which is 89.60% of undergraduate students received federal student loans and the average loan amount is $4,810.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14246 (45%)$4,185246 (45%)$4,155483 (88%)$4,557
2014-15258 (48%)$4,312258 (48%)$4,016489 (91%)$4,673
2015-16217 (44%)$4,846217 (44%)$4,233439 (89%)$5,170
2016-17275 (60%)$3,368275 (60%)$3,229416 (91%)$4,932
2017-18214 (57%)$3,601214 (57%)$3,376334 (89%)$4,719
Average242 (50.80%)$4,062242 (50.80%)$3,802432 (89.60%)$4,810

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

For the last 6 years, on average, 60 (52.60 % of students) received grants or scholarships and its average amount is $4,149. It can cover 27.75% of tuition & fees ($14,953).
In addition, 102 (84.20 % of students) students get helped from the students loans (average amount : $6,429).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1479 (48%)$3,969151 (93%)$6,072
2014-1565 (46%)$4,203133 (94%)$6,297
2015-1657 (49%)$4,404109 (93%)$6,773
2016-1753 (54%)$3,81561 (62%)$6,416
2017-1847 (66%)$4,35656 (79%)$6,586
Average60 (52.60%)$4,149102 (84.20%)$6,429
*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, 60 (52.60 % of students) received Pell (federal) grants and its average amount is $3,836.
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
2013-1479 (48%)$3,88913 (8%)$430--1 (1%)$750
2014-1565 (46%)$3,94521 (15%)$500--7 (5%)$900
2015-1657 (49%)$4,18515 (13%)$500--5 (4%)$1,000
2016-1753 (54%)$3,61721 (21%)$500----
2017-1847 (66%)$3,54519 (27%)$500--6 (8%)$4,767
Average60 (52.60%)$3,83618 (16.80%)$486--5 (4.50%)$1,854
*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, 102 (84.20 % of students) get any students loan help and its average loan amount is $102.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14151 (93%)$6,072151 (93%)$4,50083 (51%)$2,859
2014-15133 (94%)$6,297133 (94%)$4,65073 (51%)$3,000
2015-16109 (93%)$6,773109 (93%)$4,75063 (54%)$3,500
2016-1761 (62%)$6,41659 (60%)$4,65341 (42%)$2,850
2017-1856 (79%)$6,58656 (79%)$4,57745 (63%)$2,500
Average102 (84.20%)$6,429102 (83.80%)$4,62661 (52.20%)$2,942
Most Searched Utah Colleges (last 30 days)
Related Articles and Ads