Scholarships, Grants, and Loan Trends at Mariano Moreno Culinary Institute

Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 85, which is 57.67 % of all undergraduate students. 50 students which is 32.00% of undergraduate students received federal student loans and the average loan amount is $5,809.

For full-time, first-time beginning students (freshmen), 63.33% of students received grants or scholarships and 42% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mariano Moreno Culinary Institute since 2019.

For that period, the average number of students who received grants aid/scholarships is 85, which is 57.67 % of all undergraduate students. 50 students which is 32.00% of undergraduate students received federal student loans and the average loan amount is $5,809.

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
2019-20	32 (40%)	$3,000	8 (10%)	$4,505	12 (15%)	$7,168
2020-21	93 (68%)	$7,797	39 (29%)	$4,334	52 (38%)	$6,222
2021-22	130 (65%)	$4,303	69 (35%)	$3,397	86 (43%)	$4,037
Average	85 (57.67%)	$5,033	39 (24.67%)	$4,079	50 (32.00%)	$5,809

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

Overview

For the last 4 years, on average, 47 (63.33 % of students) received grants or scholarships and its average amount is $5,276. It can cover 14.66% of tuition & fees ($36,000).

In addition, 33 (42.33 % of students) students get helped from the students loans (average amount : $6,880).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2019-20	14 (50%)	$4,965	7 (25%)	$8,751
2020-21	65 (84%)	$4,905	51 (66%)	$3,708
2021-22	62 (56%)	$5,958	40 (36%)	$8,180
Average	47 (63.33%)	$5,276	33 (42.33%)	$6,880

^*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 4 years, on average, 26 (33.00 % of students) received Pell (federal) grants and its average amount is $5,228.

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
2019-20	5 (18%)	$5,503	-	-	-	-	14 (50%)	$3,000
2020-21	37 (48%)	$4,226	-	-	-	-	65 (84%)	$2,500
2021-22	36 (33%)	$5,955	-	-	-	-	62 (56%)	$2,500
Average	26 (33.00%)	$5,228	-	-	-	-	47 (63.33%)	$2,667

^*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 4 years, on average, 33 (42.33 % of students) get any students loan help and its average loan amount is $33.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2019-20	7 (25%)	$8,751	7 (25%)	$8,751	-	-
2020-21	51 (66%)	$3,708	51 (66%)	$3,708	-	-
2021-22	40 (36%)	$8,180	40 (36%)	$8,180	-	-
Average	33 (42.33%)	$6,880	33 (42.33%)	$6,880	-	-

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