Scholarships, Grants, and Loan Trends at Massage Therapy Institute of Colorado

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 37, which is 41.67 % of all undergraduate students. 50 students which is 59.17% of undergraduate students received federal student loans and the average loan amount is $7,116.
For full-time, first-time beginning students (freshmen), 60.33% of students received grants or scholarships and 66% 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 Massage Therapy Institute of Colorado since 2013.
For that period, the average number of students who received grants aid/scholarships is 37, which is 41.67 % of all undergraduate students. 50 students which is 59.17% of undergraduate students received federal student loans and the average loan amount is $7,116.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1441 (41%)$4,11141 (41%)$4,11160 (61%)$7,066
2014-1523 (35%)$5,66823 (35%)$5,66856 (86%)$7,176
2015-1654 (60%)$3,64031 (34%)$5,28455 (61%)$4,731
2016-1759 (63%)$3,40238 (41%)$4,63064 (69%)$8,179
2017-1826 (31%)$4,60722 (27%)$5,13342 (51%)$8,554
2018-1918 (20%)$4,52018 (20%)$4,52024 (27%)$6,991
Average37 (41.67%)$4,32529 (33.00%)$4,89150 (59.17%)$7,116

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

For the last 7 years, on average, 22 (60.33 % of students) received grants or scholarships and its average amount is $4,783. It can cover 35.43% of tuition & fees ($13,500).
In addition, 24 (65.67 % of students) students get helped from the students loans (average amount : $8,186).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1425 (64%)$4,57129 (74%)$8,473
2014-1523 (68%)$4,92825 (74%)$9,100
2015-1625 (81%)$4,28527 (87%)$7,101
2016-1727 (60%)$4,70933 (73%)$7,961
2017-1822 (61%)$4,79719 (53%)$9,203
2018-1911 (28%)$5,40713 (33%)$7,277
Average22 (60.33%)$4,78324 (65.67%)$8,186
*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 7 years, on average, 21 (56.17 % of students) received Pell (federal) grants and its average amount is $4,923.
In addition, 1 students received State/local government grants/scholarships (3.00 % of students).
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
2013-1425 (64%)$4,571------
2014-1523 (68%)$4,928------
2015-1622 (71%)$4,483----4 (13%)$2,125
2016-1725 (56%)$4,665----7 (16%)$1,500
2017-1818 (50%)$5,482--1 (3%)$2,8553 (8%)$1,333
2018-1911 (28%)$5,407------
Average21 (56.17%)$4,923--1 (3.00%)$2,8555 (12.33%)$1,653
*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 7 years, on average, 24 (65.67 % of students) get any students loan help and its average loan amount is $24.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (74%)$8,47329 (74%)$8,473--
2014-1525 (74%)$9,10025 (74%)$9,100--
2015-1627 (87%)$7,10127 (87%)$7,101--
2016-1733 (73%)$7,96133 (73%)$7,961--
2017-1819 (53%)$9,20319 (53%)$9,203--
2018-1913 (33%)$7,27713 (33%)$7,277--
Average24 (65.67%)$8,18624 (65.67%)$8,186--
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