Scholarships, Grants, and Loan Trends at Eric Fisher Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 146, which is 49.67 % of all undergraduate students. 171 students which is 58.22% of undergraduate students received federal student loans and the average loan amount is $6,861.
For full-time, first-time beginning students (freshmen), 65.00% of students received grants or scholarships and 79% 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 Eric Fisher Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 146, which is 49.67 % of all undergraduate students. 171 students which is 58.22% of undergraduate students received federal student loans and the average loan amount is $6,861.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14128 (55%)$4,675128 (55%)$4,644153 (65%)$9,013
2014-1591 (37%)$4,45590 (37%)$4,388124 (51%)$7,408
2015-16134 (46%)$4,233134 (46%)$3,948177 (60%)$6,718
2016-17159 (56%)$4,050138 (48%)$4,047170 (59%)$6,097
2017-18168 (55%)$4,526150 (49%)$4,676179 (59%)$6,119
2018-19162 (51%)$5,252135 (43%)$5,605205 (65%)$6,534
2019-20175 (58%)$3,710103 (34%)$5,198179 (59%)$5,808
2020-21163 (48%)$5,405133 (39%)$5,923189 (56%)$7,016
2021-22131 (41%)$5,624119 (37%)$5,838160 (50%)$7,039
Average146 (49.67%)$4,659126 (43.11%)$4,919171 (58.22%)$6,861

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

For the last 10 years, on average, 49 (65.00 % of students) received grants or scholarships and its average amount is $5,731. It can cover 33.66% of tuition & fees ($17,025).
In addition, 60 (79.11 % of students) students get helped from the students loans (average amount : $8,027).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1441 (73%)$5,54948 (86%)$10,534
2014-1550 (63%)$5,76366 (84%)$8,670
2015-1656 (66%)$5,05874 (87%)$7,619
2016-1752 (80%)$3,13346 (71%)$6,416
2017-1847 (59%)$5,62760 (75%)$7,288
2018-1965 (71%)$6,60377 (85%)$7,096
2019-2056 (66%)$5,05162 (73%)$7,046
2020-2158 (62%)$7,51175 (81%)$7,897
2021-2220 (45%)$7,28231 (70%)$9,673
Average49 (65.00%)$5,73160 (79.11%)$8,027
*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 10 years, on average, 45 (59.44 % of students) received Pell (federal) grants and its average amount is $5,605.
In addition, 3 students received State/local government grants/scholarships (5.17 % 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
2013-1441 (73%)$5,049--4 (7%)$3,4506 (11%)$1,117
2014-1550 (63%)$4,817--2 (3%)$3,04931 (39%)$1,329
2015-1656 (66%)$4,421--4 (5%)$2,85216 (19%)$1,515
2016-1734 (52%)$3,974--4 (6%)$95014 (22%)$1,714
2017-1847 (59%)$5,476----5 (6%)$1,420
2018-1965 (71%)$6,500----5 (5%)$1,333
2019-2037 (44%)$6,19519 (22%)$1,271--22 (26%)$1,341
2020-2158 (62%)$7,409--1 (1%)$4,9002 (2%)$500
2021-2220 (45%)$6,605--4 (9%)$1,4388 (18%)$975
Average45 (59.44%)$5,60519 (22.00%)$1,2713 (5.17%)$2,77312 (16.44%)$1,249
*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 10 years, on average, 60 (79.11 % of students) get any students loan help and its average loan amount is $60.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1448 (86%)$10,53448 (86%)$10,534--
2014-1566 (84%)$8,67066 (84%)$8,670--
2015-1674 (87%)$7,61974 (87%)$7,619--
2016-1746 (71%)$6,41646 (71%)$6,416--
2017-1860 (75%)$7,28860 (75%)$7,288--
2018-1977 (85%)$7,09677 (85%)$7,096--
2019-2062 (73%)$7,04662 (73%)$7,046--
2020-2175 (81%)$7,89775 (81%)$7,897--
2021-2231 (70%)$9,67331 (70%)$8,07910 (23%)$4,943
Average60 (79.11%)$8,02760 (79.11%)$7,84910 (23.00%)$4,943
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