Scholarships, Grants, and Loan Trends at L'esprit Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 140, which is 48.78 % of all undergraduate students. 143 students which is 49.44% of undergraduate students received federal student loans and the average loan amount is $5,826.
For full-time, first-time beginning students (freshmen), 55.11% of students received grants or scholarships and 68% 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 L'esprit Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 140, which is 48.78 % of all undergraduate students. 143 students which is 49.44% of undergraduate students received federal student loans and the average loan amount is $5,826.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14143 (48%)$3,629143 (48%)$3,629142 (48%)$6,243
2014-1599 (38%)$3,91499 (38%)$3,91488 (34%)$6,178
2015-16126 (53%)$3,740126 (53%)$3,740133 (56%)$7,295
2016-17146 (58%)$3,376146 (58%)$3,376152 (60%)$6,606
2017-18121 (53%)$3,340114 (50%)$3,316113 (49%)$6,606
2018-19127 (51%)$3,396127 (51%)$3,396139 (56%)$6,484
2019-20138 (46%)$3,152138 (46%)$3,152140 (47%)$5,971
2020-21189 (50%)$3,566189 (50%)$3,566196 (51%)$6,424
2021-22175 (42%)$4,013175 (42%)$4,013186 (44%)$628
Average140 (48.78%)$3,570140 (48.44%)$3,567143 (49.44%)$5,826

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

For the last 10 years, on average, 33 (55.11 % of students) received grants or scholarships and its average amount is $3,986. It can cover 39.40% of tuition & fees ($10,115).
In addition, 40 (68.44 % of students) students get helped from the students loans (average amount : $5,733).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1466 (69%)$3,99774 (78%)$6,261
2014-1549 (58%)$4,45957 (68%)$6,097
2015-1649 (64%)$4,45861 (79%)$6,837
2016-1738 (70%)$3,36348 (89%)$5,184
2017-1813 (65%)$2,81315 (75%)$6,122
2018-199 (43%)$4,14214 (67%)$5,952
2019-2015 (25%)$4,24720 (34%)$5,263
2020-2133 (57%)$3,86441 (71%)$6,231
2021-2226 (45%)$4,52832 (55%)$3,650
Average33 (55.11%)$3,98640 (68.44%)$5,733
*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, 33 (55.11 % of students) received Pell (federal) grants and its average amount is $3,986.
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
2013-1466 (69%)$3,997------
2014-1549 (58%)$4,459------
2015-1649 (64%)$4,458------
2016-1738 (70%)$3,363------
2017-1813 (65%)$2,813------
2018-199 (43%)$4,142------
2019-2015 (25%)$4,247------
2020-2133 (57%)$3,864------
2021-2226 (45%)$4,528------
Average33 (55.11%)$3,986------
*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, 40 (68.44 % of students) get any students loan help and its average loan amount is $40.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1474 (78%)$6,26174 (78%)$6,261--
2014-1557 (68%)$6,09757 (68%)$6,097--
2015-1661 (79%)$6,83761 (79%)$6,837--
2016-1748 (89%)$5,18448 (89%)$5,184--
2017-1815 (75%)$6,12215 (75%)$6,122--
2018-1914 (67%)$5,95214 (67%)$5,952--
2019-2020 (34%)$5,26320 (34%)$5,263--
2020-2141 (71%)$6,23141 (71%)$6,231--
2021-2232 (55%)$3,65032 (55%)$3,650--
Average40 (68.44%)$5,73340 (68.44%)$5,733--
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