How Madison Media Institute'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 since 2013.

For that period, the average number of students who received grants aid/scholarships is 172, which is 59.00 % of all undergraduate students. 243 students which is 82.20% of undergraduate students received federal student loans and the average loan amount is $8,848.

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	277 (58%)	$5,499	256 (54%)	$4,050	387 (82%)	$10,035
2014-15	205 (55%)	$4,288	192 (52%)	$4,042	308 (83%)	$7,913
2015-16	174 (54%)	$4,404	155 (48%)	$4,067	249 (78%)	$8,259
2016-17	123 (57%)	$5,381	120 (56%)	$5,245	177 (82%)	$10,143
2017-18	79 (71%)	$5,110	76 (68%)	$5,070	96 (86%)	$7,889
Average	172 (59.00%)	$4,936	160 (55.60%)	$4,495	243 (82.20%)	$8,848

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

Overview

For the last 6 years, on average, 54 (56.40 % of students) received grants or scholarships and its average amount is $4,728. It can cover 32.15% of tuition & fees ($14,708).

In addition, 78 (83.20 % of students) students get helped from the students loans (average amount : $9,371).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	107 (58%)	$4,488	142 (77%)	$7,820
2014-15	51 (61%)	$4,777	73 (87%)	$9,945
2015-16	31 (45%)	$4,318	57 (83%)	$11,333
2016-17	47 (53%)	$4,553	76 (85%)	$8,621
2017-18	32 (65%)	$5,505	41 (84%)	$9,135
Average	54 (56.40%)	$4,728	78 (83.20%)	$9,371

^*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, 51 (53.40 % of students) received Pell (federal) grants and its average amount is $4,495.

In addition, 27 students received State/local government grants/scholarships (18.00 % 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
2013-14	101 (55%)	$3,725	7 (4%)	$343	44 (24%)	$1,940	9 (5%)	$1,808
2014-15	44 (52%)	$4,652	22 (26%)	$273	10 (12%)	$2,793	2 (2%)	$2,500
2015-16	29 (42%)	$4,305	10 (14%)	$300	-	-	3 (4%)	$2,000
2016-17	47 (53%)	$4,408	25 (28%)	$272	-	-	-	-
2017-18	32 (65%)	$5,386	13 (27%)	$292	-	-	-	-
Average	51 (53.40%)	$4,495	15 (19.80%)	$296	27 (18.00%)	$2,367	5 (3.67%)	$2,103

^*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, 78 (83.20 % of students) get any students loan help and its average loan amount is $78.

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	142 (77%)	$7,820	142 (77%)	$5,942	30 (16%)	$8,888
2014-15	73 (87%)	$9,945	73 (87%)	$7,887	14 (17%)	$10,731
2015-16	57 (83%)	$11,333	57 (83%)	$6,711	18 (26%)	$14,638
2016-17	76 (85%)	$8,621	76 (85%)	$7,363	8 (9%)	$11,957
2017-18	41 (84%)	$9,135	41 (84%)	$7,876	5 (10%)	$10,318
Average	78 (83.20%)	$9,371	78 (83.20%)	$7,156	15 (15.60%)	$11,306

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Scholarships, Grants, and Loan Trends at Madison Media Institute

All Undergraduate Students Financial Aid Over Time

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