How Galaxy Medical'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 Galaxy Medical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 57, which is 90.89 % of all undergraduate students. 42 students which is 69.00% of undergraduate students received federal student loans and the average loan amount is $6,413.

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
2013-14	89 (89%)	$5,036	89 (89%)	$5,036	58 (58%)	$3,750
2014-15	52 (93%)	$6,904	52 (93%)	$5,000	22 (39%)	$4,500
2015-16	56 (93%)	$7,746	56 (93%)	$4,800	33 (55%)	$5,000
2016-17	86 (96%)	$5,000	86 (96%)	$5,000	64 (71%)	$6,000
2017-18	36 (88%)	$11,000	36 (88%)	$5,920	30 (73%)	$5,080
2018-19	46 (78%)	$6,094	46 (78%)	$6,094	41 (69%)	$5,000
2019-20	51 (94%)	$5,800	51 (94%)	$5,800	44 (81%)	$8,364
2020-21	62 (90%)	$5,647	62 (90%)	$5,647	56 (81%)	$8,839
2021-22	35 (97%)	$6,495	35 (97%)	$6,495	34 (94%)	$11,180
Average	57 (90.89%)	$6,636	57 (90.89%)	$5,532	42 (69.00%)	$6,413

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

Overview

For the last 10 years, on average, 51 (91.67 % of students) received grants or scholarships and its average amount is $5,087. It can cover 31.02% of tuition & fees ($16,400).

In addition, 38 (69.67 % of students) students get helped from the students loans (average amount : $5,517).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	43 (80%)	$3,083	21 (39%)	$2,470
2014-15	52 (93%)	$3,204	22 (39%)	$2,357
2015-16	56 (93%)	$4,786	33 (55%)	$5,000
2016-17	86 (96%)	$5,000	64 (71%)	$5,000
2017-18	36 (88%)	$5,920	30 (73%)	$5,080
2018-19	46 (92%)	$6,094	41 (82%)	$5,000
2019-20	50 (94%)	$5,336	43 (81%)	$8,186
2020-21	56 (89%)	$6,250	55 (87%)	$8,964
2021-22	34 (100%)	$6,113	34 (100%)	$7,592
Average	51 (91.67%)	$5,087	38 (69.67%)	$5,517

^*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 10 years, on average, 51 (91.67 % of students) received Pell (federal) grants and its average amount is $5,087.

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
2013-14	43 (80%)	$3,083	-	-	-	-	-	-
2014-15	52 (93%)	$3,204	-	-	-	-	-	-
2015-16	56 (93%)	$4,786	-	-	-	-	-	-
2016-17	86 (96%)	$5,000	-	-	-	-	-	-
2017-18	36 (88%)	$5,920	-	-	-	-	-	-
2018-19	46 (92%)	$6,094	-	-	-	-	-	-
2019-20	50 (94%)	$5,336	-	-	-	-	-	-
2020-21	56 (89%)	$6,250	-	-	-	-	-	-
2021-22	34 (100%)	$6,113	-	-	-	-	-	-
Average	51 (91.67%)	$5,087	-	-	-	-	-	-

^*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 10 years, on average, 38 (69.67 % of students) get any students loan help and its average loan amount is $38.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	21 (39%)	$2,470	21 (39%)	$2,470	-	-
2014-15	22 (39%)	$2,357	22 (39%)	$2,357	-	-
2015-16	33 (55%)	$5,000	33 (55%)	$5,000	-	-
2016-17	64 (71%)	$5,000	64 (71%)	$5,000	-	-
2017-18	30 (73%)	$5,080	30 (73%)	$5,080	-	-
2018-19	41 (82%)	$5,000	41 (82%)	$5,000	-	-
2019-20	43 (81%)	$8,186	43 (81%)	$8,186	-	-
2020-21	55 (87%)	$8,964	55 (87%)	$8,964	-	-
2021-22	34 (100%)	$7,592	34 (100%)	$7,592	-	-
Average	38 (69.67%)	$5,517	38 (69.67%)	$5,517	-	-

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Scholarships, Grants, and Loan Trends at Galaxy Medical

All Undergraduate Students Financial Aid Over Time

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