How Digital Media Institute'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 Digital Media Institute since 2016.

For that period, the average number of students who received grants aid/scholarships is 31, which is 88.50 % of all undergraduate students. 16 students which is 43.00% of undergraduate students received federal student loans and the average loan amount is $6,178.

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
2016-17	26 (100%)	$14,773	-	-	-	-
2017-18	26 (100%)	$6,993	9 (35%)	$3,806	14 (54%)	$2,896
2018-19	39 (100%)	$6,442	13 (33%)	$3,840	19 (49%)	$7,205
2019-20	23 (72%)	$9,423	13 (41%)	$4,273	10 (31%)	$6,700
2020-21	29 (59%)	$14,518	14 (29%)	$5,317	14 (29%)	$9,321
2021-22	42 (100%)	$6,000	19 (45%)	$4,140	22 (52%)	$4,770
Average	31 (88.50%)	$9,692	14 (36.60%)	$4,275	16 (43.00%)	$6,178

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

Overview

For the last 7 years, on average, 10 (93.83 % of students) received grants or scholarships and its average amount is $10,448. It can cover 35.64% of tuition & fees ($29,314).

In addition, 10 (90.40 % of students) students get helped from the students loans (average amount : $6,463).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	9 (100%)	$16,601	-	-
2017-18	4 (100%)	$12,314	4 (100%)	$7,237
2018-19	20 (100%)	$11,768	19 (95%)	$7,205
2019-20	4 (100%)	$9,934	4 (100%)	$5,500
2020-21	5 (63%)	$4,146	5 (63%)	$6,200
2021-22	18 (100%)	$7,924	17 (94%)	$6,171
Average	10 (93.83%)	$10,448	10 (90.40%)	$6,463

^*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 7 years, on average, 7 (66.60 % of students) received Pell (federal) grants and its average amount is $4,533.

In addition, 4 students received State/local government grants/scholarships (37.50 % 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
2016-17	-	-	-	-	-	-	9 (100%)	$16,601
2017-18	2 (50%)	$4,015	-	-	2 (50%)	$3,174	4 (100%)	$8,720
2018-19	9 (45%)	$5,003	-	-	5 (25%)	$3,095	20 (100%)	$8,743
2019-20	3 (75%)	$5,245	-	-	-	-	4 (100%)	$6,000
2020-21	5 (63%)	$4,146	-	-	-	-	-	-
2021-22	18 (100%)	$4,258	-	-	-	-	18 (100%)	$3,667
Average	7 (66.60%)	$4,533	-	-	4 (37.50%)	$3,135	11 (100.00%)	$8,746

^*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 7 years, on average, 10 (90.40 % 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
2016-17	-	-	-	-	-	-
2017-18	4 (100%)	$7,237	4 (100%)	$7,237	-	-
2018-19	19 (95%)	$7,205	19 (95%)	$7,205	-	-
2019-20	4 (100%)	$5,500	4 (100%)	$5,500	-	-
2020-21	5 (63%)	$6,200	5 (63%)	$6,200	-	-
2021-22	17 (94%)	$6,171	17 (94%)	$6,171	-	-
Average	10 (90.40%)	$6,463	10 (90.40%)	$6,463	-	-

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Scholarships, Grants, and Loan Trends at Digital Media Institute

All Undergraduate Students Financial Aid Over Time

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