Scholarships, Grants, and Loan Trends at Falcon Institute of Health and Science

Over the past 5 years (2018-2022), the average number of students who received grants aid/scholarships is 69, which is 73.50 % of all undergraduate students. 82 students which is 87.00% of undergraduate students received federal student loans and the average loan amount is $11,799.

For full-time, first-time beginning students (freshmen), 73.50% of students received grants or scholarships and 97% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Falcon Institute of Health and Science since 2018.

For that period, the average number of students who received grants aid/scholarships is 69, which is 73.50 % of all undergraduate students. 82 students which is 87.00% of undergraduate students received federal student loans and the average loan amount is $11,799.

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
2018-19	8 (19%)	$6,204	8 (19%)	$3,204	-	-
2019-20	46 (75%)	$5,753	44 (72%)	$5,244	52 (85%)	$13,614
2020-21	102 (100%)	$4,341	78 (76%)	$5,107	98 (96%)	$11,474
2021-22	119 (100%)	$3,346	83 (70%)	$4,798	95 (80%)	$10,309
Average	69 (73.50%)	$4,911	53 (59.25%)	$4,588	82 (87.00%)	$11,799

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

Overview

For the last 5 years, on average, 12 (73.50 % of students) received grants or scholarships and its average amount is $7,414. It can cover 27.32% of tuition & fees ($27,140).

In addition, 16 (96.67 % of students) students get helped from the students loans (average amount : $13,169).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2018-19	1 (13%)	$11,401	-	-
2019-20	17 (81%)	$6,939	19 (90%)	$13,476
2020-21	14 (100%)	$5,459	14 (100%)	$14,680
2021-22	14 (100%)	$5,856	14 (100%)	$11,351
Average	12 (73.50%)	$7,414	16 (96.67%)	$13,169

^*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 5 years, on average, 11 (71.75 % of students) received Pell (federal) grants and its average amount is $5,183.

In addition, 3 students received State/local government grants/scholarships (16.00 % 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
2018-19	1 (13%)	$4,401	-	-	1 (13%)	$7,000	-	-
2019-20	17 (81%)	$4,946	-	-	4 (19%)	$8,474	-	-
2020-21	13 (93%)	$5,530	14 (100%)	$288	-	-	1 (7%)	$500
2021-22	14 (100%)	$5,856	-	-	-	-	-	-
Average	11 (71.75%)	$5,183	14 (100.00%)	$288	3 (16.00%)	$7,737	1 (7.00%)	$500

^*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 5 years, on average, 16 (96.67 % of students) get any students loan help and its average loan amount is $16.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2018-19	-	-	-	-	-	-
2019-20	19 (90%)	$13,476	19 (90%)	$13,476	-	-
2020-21	14 (100%)	$14,680	14 (100%)	$14,680	-	-
2021-22	14 (100%)	$11,351	14 (100%)	$11,351	-	-
Average	16 (96.67%)	$13,169	16 (96.67%)	$13,169	-	-

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