Scholarships, Grants, and Loan Trends at International Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 200, which is 63.33 % of all undergraduate students. 194 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $5,562.
For full-time, first-time beginning students (freshmen), 70.11% of students received grants or scholarships and 66% 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 International Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 200, which is 63.33 % of all undergraduate students. 194 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $5,562.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14273 (57%)$3,233268 (56%)$3,230275 (58%)$5,771
2014-15272 (69%)$3,362257 (65%)$3,266278 (70%)$5,507
2015-16246 (68%)$3,544226 (62%)$3,439234 (64%)$5,822
2016-17182 (60%)$3,184167 (55%)$3,173172 (57%)$5,586
2017-18161 (65%)$3,297140 (56%)$3,259142 (57%)$6,158
2018-19149 (65%)$3,373139 (61%)$3,347142 (62%)$5,402
2019-20160 (66%)$3,405155 (64%)$3,382153 (63%)$5,365
2020-21172 (62%)$3,340160 (58%)$3,416159 (57%)$5,251
2021-22181 (58%)$3,257166 (54%)$3,439187 (60%)$5,199
Average200 (63.33%)$3,333186 (59.00%)$3,328194 (60.89%)$5,562

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

For the last 10 years, on average, 50 (70.11 % of students) received grants or scholarships and its average amount is $3,444. It can cover 39.59% of tuition & fees ($8,700).
In addition, 48 (65.89 % of students) students get helped from the students loans (average amount : $5,739).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1488 (66%)$3,32594 (71%)$5,866
2014-15108 (69%)$3,591105 (67%)$5,729
2015-16102 (74%)$3,61890 (66%)$6,528
2016-1744 (85%)$2,54044 (85%)$4,573
2017-1824 (69%)$3,63922 (63%)$5,699
2018-1915 (63%)$3,31412 (50%)$6,818
2019-2016 (62%)$3,26217 (65%)$5,633
2020-2124 (75%)$3,75820 (63%)$4,942
2021-2226 (68%)$3,95024 (63%)$5,866
Average50 (70.11%)$3,44448 (65.89%)$5,739
*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, 48 (67.22 % of students) received Pell (federal) grants and its average amount is $3,350.
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
2013-1486 (65%)$3,20620 (15%)$378--7 (5%)$1,328
2014-15106 (68%)$3,38916 (10%)$656--6 (4%)$3,027
2015-1693 (68%)$3,52015 (11%)$413--28 (20%)$1,268
2016-1741 (79%)$2,5006 (12%)$450--6 (12%)$1,094
2017-1823 (66%)$3,4616 (17%)$833--3 (9%)$907
2018-1913 (54%)$3,5971 (4%)$500--4 (17%)$612
2019-2016 (62%)$3,1282 (8%)$750--1 (4%)$647
2020-2124 (75%)$3,510----3 (9%)$1,982
2021-2226 (68%)$3,8432 (5%)$1,000--2 (5%)$400
Average48 (67.22%)$3,3509 (10.25%)$623--7 (9.44%)$1,252
*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, 48 (65.89 % of students) get any students loan help and its average loan amount is $48.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1494 (71%)$5,86694 (71%)$5,866--
2014-15105 (67%)$5,729105 (67%)$5,729--
2015-1690 (66%)$6,52890 (66%)$6,528--
2016-1744 (85%)$4,57344 (85%)$4,573--
2017-1822 (63%)$5,69922 (63%)$5,699--
2018-1912 (50%)$6,81812 (50%)$6,818--
2019-2017 (65%)$5,63317 (65%)$5,633--
2020-2120 (63%)$4,94220 (63%)$4,942--
2021-2224 (63%)$5,86624 (63%)$5,866--
Average48 (65.89%)$5,73948 (65.89%)$5,739--
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