How Massage Institute of Memphis'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 Massage Institute of Memphis since 2016.

For that period, the average number of students who received grants aid/scholarships is 19, which is 52.50 % of all undergraduate students. 19 students which is 50.50% of undergraduate students received federal student loans and the average loan amount is $6,026.

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
2016-17	3 (14%)	$2,303	3 (14%)	$2,303	3 (14%)	$6,631
2017-18	19 (45%)	$3,819	19 (45%)	$3,819	19 (45%)	$6,069
2018-19	23 (59%)	$4,397	23 (59%)	$4,397	25 (64%)	$6,034
2019-20	17 (45%)	$3,098	15 (39%)	$2,784	16 (42%)	$4,324
2020-21	26 (74%)	$3,429	20 (57%)	$4,458	22 (63%)	$6,355
2021-22	28 (78%)	$4,714	28 (78%)	$4,714	27 (75%)	$6,742
Average	19 (52.50%)	$3,627	18 (48.67%)	$3,746	19 (50.50%)	$6,026

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

Overview

For the last 7 years, on average, 6 (62.60 % of students) received grants or scholarships and its average amount is $3,989. It can cover 34.69% of tuition & fees ($11,500).

In addition, 6 (65.67 % of students) students get helped from the students loans (average amount : $6,116).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	-	-	1 (20%)	$7,389
2017-18	2 (67%)	$4,640	3 (100%)	$5,261
2018-19	6 (50%)	$4,235	7 (58%)	$6,434
2019-20	5 (63%)	$2,188	5 (63%)	$4,339
2020-21	6 (60%)	$4,469	8 (80%)	$6,693
2021-22	11 (73%)	$4,413	11 (73%)	$6,582
Average	6 (62.60%)	$3,989	6 (65.67%)	$6,116

^*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 7 years, on average, 6 (62.60 % of students) received Pell (federal) grants and its average amount is $3,989.

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
2016-17	-	-	-	-	-	-	-	-
2017-18	2 (67%)	$4,640	-	-	-	-	-	-
2018-19	6 (50%)	$4,235	-	-	-	-	-	-
2019-20	5 (63%)	$2,188	-	-	-	-	-	-
2020-21	6 (60%)	$4,469	-	-	-	-	-	-
2021-22	11 (73%)	$4,413	-	-	-	-	-	-
Average	6 (62.60%)	$3,989	-	-	-	-	-	-

^*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 7 years, on average, 6 (65.67 % of students) get any students loan help and its average loan amount is $6.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	1 (20%)	$7,389	1 (20%)	$7,389	-	-
2017-18	3 (100%)	$5,261	3 (100%)	$5,261	-	-
2018-19	7 (58%)	$6,434	7 (58%)	$6,434	-	-
2019-20	5 (63%)	$4,339	5 (63%)	$4,339	-	-
2020-21	8 (80%)	$6,693	8 (80%)	$6,693	-	-
2021-22	11 (73%)	$6,582	11 (73%)	$6,582	-	-
Average	6 (65.67%)	$6,116	6 (65.67%)	$6,116	-	-

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Scholarships, Grants, and Loan Trends at Massage Institute of Memphis

All Undergraduate Students Financial Aid Over Time

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