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

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 253, which is 55.60 % of all undergraduate students. 381 students which is 84.00% of undergraduate students received federal student loans and the average loan amount is $3,460.
For full-time, first-time beginning students (freshmen), 40.40% of students received grants or scholarships and 93% 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-Tempe since 2013.
For that period, the average number of students who received grants aid/scholarships is 253, which is 55.60 % of all undergraduate students. 381 students which is 84.00% of undergraduate students received federal student loans and the average loan amount is $3,460.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14263 (53%)$3,352263 (53%)$3,097437 (88%)$3,877
2014-15213 (48%)$3,154213 (48%)$2,931359 (81%)$3,439
2015-16188 (46%)$3,419188 (46%)$3,019344 (84%)$3,842
2016-17330 (68%)$2,605328 (68%)$2,346414 (85%)$3,552
2017-18269 (63%)$2,198269 (63%)$2,131351 (82%)$2,591
Average253 (55.60%)$2,946252 (55.60%)$2,705381 (84.00%)$3,460

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

For the last 6 years, on average, 76 (40.40 % of students) received grants or scholarships and its average amount is $3,521. It can cover 23.61% of tuition & fees ($14,914).
In addition, 174 (92.60 % of students) students get helped from the students loans (average amount : $6,054).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1497 (42%)$3,419209 (90%)$5,658
2014-1578 (40%)$3,662179 (92%)$5,615
2015-1662 (35%)$3,543163 (92%)$6,231
2016-1779 (42%)$3,623174 (94%)$6,373
2017-1865 (43%)$3,358143 (95%)$6,395
Average76 (40.40%)$3,521174 (92.60%)$6,054
*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, 76 (40.40 % of students) received Pell (federal) grants and its average amount is $3,347.
In addition, 2 students received State/local government grants/scholarships (2.00 % of students).
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
2013-1497 (42%)$3,28412 (5%)$5001 (0%)$3,0801 (0%)$4,000
2014-1578 (40%)$3,33517 (9%)$5003 (2%)$3,0002 (1%)$4,000
2015-1662 (35%)$3,41416 (9%)$500----
2016-1779 (42%)$3,45227 (15%)$500----
2017-1865 (43%)$3,25012 (8%)$500--1 (1%)$1,000
Average76 (40.40%)$3,34717 (9.20%)$5002 (2.00%)$3,0401 (1.00%)$3,000
*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..
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, 174 (92.60 % of students) get any students loan help and its average loan amount is $174.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14209 (90%)$5,658209 (90%)$4,528118 (51%)$2,000
2014-15179 (92%)$5,615177 (91%)$4,58586 (44%)$2,250
2015-16163 (92%)$6,231163 (92%)$4,563116 (66%)$2,344
2016-17174 (94%)$6,373174 (94%)$4,585127 (68%)$2,450
2017-18143 (95%)$6,395143 (95%)$4,437112 (74%)$2,500
Average174 (92.60%)$6,054173 (92.40%)$4,540112 (60.60%)$2,309
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