Scholarships, Grants, and Loan Trends at Med

Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 78, which is 85.14 % of all undergraduate students. 81 students which is 86.71% of undergraduate students received federal student loans and the average loan amount is $7,327.
For full-time, first-time beginning students (freshmen), 87.86% of students received grants or scholarships and 97% 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 Med College since 2015.
For that period, the average number of students who received grants aid/scholarships is 78, which is 85.14 % of all undergraduate students. 81 students which is 86.71% of undergraduate students received federal student loans and the average loan amount is $7,327.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1624 (75%)$7,06118 (56%)$4,52724 (75%)$6,288
2016-1723 (92%)$3,49020 (80%)$3,38822 (88%)$6,091
2017-1853 (87%)$4,54253 (87%)$4,39556 (92%)$7,843
2018-1950 (74%)$9,88250 (74%)$3,69848 (71%)$6,442
2019-2084 (98%)$4,38469 (80%)$5,33882 (95%)$8,637
2020-21170 (89%)$3,445129 (68%)$4,541163 (86%)$7,501
2021-22141 (81%)$3,221141 (81%)$3,221175 (100%)$8,484
Average78 (85.14%)$5,14669 (75.14%)$4,15881 (86.71%)$7,327

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

For the last 8 years, on average, 21 (87.86 % of students) received grants or scholarships and its average amount is $4,993. It can cover 22.36% of tuition & fees ($22,330).
In addition, 23 (96.71 % of students) students get helped from the students loans (average amount : $7,123).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1613 (65%)$6,00818 (90%)$5,695
2016-1720 (95%)$4,01320 (95%)$6,700
2017-1817 (100%)$4,82617 (100%)$7,879
2018-199 (75%)$5,53512 (100%)$8,051
2019-2015 (100%)$5,33815 (100%)$7,928
2020-2167 (80%)$4,87177 (92%)$7,339
2021-225 (100%)$4,3575 (100%)$6,267
Average21 (87.86%)$4,99323 (96.71%)$7,123
*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 8 years, on average, 21 (87.86 % of students) received Pell (federal) grants and its average amount is $4,639.
In addition, 2 students received State/local government grants/scholarships (10.00 % 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
2015-1613 (65%)$4,339--2 (10%)$10,850--
2016-1720 (95%)$3,388----2 (10%)$6,250
2017-1817 (100%)$4,6422 (12%)$1,250--2 (12%)$313
2018-199 (75%)$5,535------
2019-2015 (100%)$5,338------
2020-2167 (80%)$4,871------
2021-225 (100%)$4,357------
Average21 (87.86%)$4,6392 (12.00%)$1,2502 (10.00%)$10,8502 (11.00%)$3,282
*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 8 years, on average, 23 (96.71 % of students) get any students loan help and its average loan amount is $23.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-1618 (90%)$5,69518 (90%)$5,695--
2016-1720 (95%)$6,70020 (95%)$6,700--
2017-1817 (100%)$7,87917 (100%)$7,879--
2018-1912 (100%)$8,05112 (100%)$8,051--
2019-2015 (100%)$7,92815 (100%)$7,928--
2020-2177 (92%)$7,33977 (92%)$7,339--
2021-225 (100%)$6,2675 (100%)$6,267--
Average23 (96.71%)$7,12323 (96.71%)$7,123--
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