How Madison Media Institute-Rockford Career'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 Madison Media Institute-Rockford Career College since 2013.

For that period, the average number of students who received grants aid/scholarships is 385, which is 77.00 % of all undergraduate students. 424 students which is 84.80% of undergraduate students received federal student loans and the average loan amount is $7,726.

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	389 (80%)	$3,664	389 (80%)	$3,520	426 (88%)	$6,195
2014-15	330 (76%)	$4,085	328 (76%)	$3,954	367 (85%)	$5,249
2015-16	417 (81%)	$4,291	417 (81%)	$4,102	417 (81%)	$11,296
2016-17	459 (77%)	$4,351	459 (77%)	$4,151	532 (89%)	$7,743
2017-18	328 (71%)	$4,762	327 (70%)	$4,706	376 (81%)	$8,145
Average	385 (77.00%)	$4,231	384 (76.80%)	$4,087	424 (84.80%)	$7,726

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

Overview

For the last 6 years, on average, 46 (78.00 % of students) received grants or scholarships and its average amount is $4,410. It can cover 29.56% of tuition & fees ($14,918).

In addition, 50 (87.80 % of students) students get helped from the students loans (average amount : $7,832).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	51 (76%)	$3,669	53 (79%)	$5,349
2014-15	26 (76%)	$4,238	25 (74%)	$8,327
2015-16	2 (67%)	$3,333	3 (100%)	$9,127
2016-17	84 (78%)	$5,631	103 (95%)	$7,726
2017-18	69 (93%)	$5,178	67 (91%)	$8,630
Average	46 (78.00%)	$4,410	50 (87.80%)	$7,832

^*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 6 years, on average, 46 (78.00 % of students) received Pell (federal) grants and its average amount is $4,304.

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	51 (76%)	$3,587	34 (51%)	$122	-	-	-	-
2014-15	26 (76%)	$4,132	18 (53%)	$153	-	-	-	-
2015-16	2 (67%)	$3,333	-	-	-	-	-	-
2016-17	84 (78%)	$5,399	64 (59%)	$303	-	-	-	-
2017-18	69 (93%)	$5,068	23 (31%)	$330	-	-	-	-
Average	46 (78.00%)	$4,304	35 (48.50%)	$227	-	-	-	-

^*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 6 years, on average, 50 (87.80 % of students) get any students loan help and its average loan amount is $50.

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	53 (79%)	$5,349	53 (79%)	$5,245	1 (1%)	$5,519
2014-15	25 (74%)	$8,327	25 (74%)	$8,327	-	-
2015-16	3 (100%)	$9,127	3 (100%)	$9,127	-	-
2016-17	103 (95%)	$7,726	103 (95%)	$7,726	-	-
2017-18	67 (91%)	$8,630	67 (91%)	$8,544	1 (1%)	$5,750
Average	50 (87.80%)	$7,832	50 (87.80%)	$7,794	1 (1.00%)	$5,635

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Scholarships, Grants, and Loan Trends at Madison Media Institute-Rockford Career

All Undergraduate Students Financial Aid Over Time

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