How Medical Institute of Palm Beach'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 Medical Institute of Palm Beach since 2013.

For that period, the average number of students who received grants aid/scholarships is 167, which is 60.44 % of all undergraduate students. 161 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $4,465.

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	149 (100%)	$2,461	149 (100%)	$2,461	149 (100%)	$4,312
2014-15	104 (57%)	$3,072	104 (57%)	$3,072	104 (57%)	$5,249
2015-16	240 (63%)	$2,771	240 (63%)	$2,771	240 (63%)	$4,785
2016-17	215 (60%)	$1,939	215 (60%)	$1,939	215 (60%)	$3,108
2017-18	173 (59%)	$2,259	173 (59%)	$2,259	173 (59%)	$3,778
2018-19	188 (65%)	$2,859	188 (65%)	$2,859	188 (65%)	$3,281
2019-20	150 (72%)	$3,665	140 (67%)	$3,927	121 (58%)	$5,130
2020-21	142 (32%)	$3,475	142 (32%)	$3,475	123 (28%)	$4,792
2021-22	145 (36%)	$4,614	145 (36%)	$4,614	140 (35%)	$5,746
Average	167 (60.44%)	$3,013	166 (59.89%)	$3,042	161 (58.33%)	$4,465

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

Overview

For the last 10 years, on average, 132 (71.44 % of students) received grants or scholarships and its average amount is $2,995. It can cover 11.98% of tuition & fees ($25,000).

In addition, 127 (67.89 % of students) students get helped from the students loans (average amount : $4,336).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	141 (100%)	$2,461	141 (100%)	$4,305
2014-15	104 (64%)	$3,072	104 (64%)	$5,249
2015-16	240 (78%)	$2,217	240 (78%)	$3,828
2016-17	205 (73%)	$2,033	205 (73%)	$3,259
2017-18	159 (92%)	$2,259	150 (87%)	$3,338
2018-19	152 (84%)	$2,259	145 (80%)	$3,338
2019-20	76 (67%)	$3,871	63 (56%)	$5,195
2020-21	53 (24%)	$3,825	40 (18%)	$4,333
2021-22	57 (61%)	$4,954	52 (55%)	$6,180
Average	132 (71.44%)	$2,995	127 (67.89%)	$4,336

^*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 10 years, on average, 132 (71.44 % of students) received Pell (federal) grants and its average amount is $2,995.

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	141 (100%)	$2,461	-	-	-	-	-	-
2014-15	104 (64%)	$3,072	-	-	-	-	-	-
2015-16	240 (78%)	$2,217	-	-	-	-	-	-
2016-17	205 (73%)	$2,033	-	-	-	-	-	-
2017-18	159 (92%)	$2,259	-	-	-	-	-	-
2018-19	152 (84%)	$2,259	-	-	-	-	-	-
2019-20	76 (67%)	$3,871	-	-	-	-	-	-
2020-21	53 (24%)	$3,825	-	-	-	-	-	-
2021-22	57 (61%)	$4,954	-	-	-	-	-	-
Average	132 (71.44%)	$2,995	-	-	-	-	-	-

^*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 10 years, on average, 127 (67.89 % of students) get any students loan help and its average loan amount is $127.

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	141 (100%)	$4,305	141 (100%)	$4,305	-	-
2014-15	104 (64%)	$5,249	104 (64%)	$5,249	-	-
2015-16	240 (78%)	$3,828	240 (78%)	$3,828	-	-
2016-17	205 (73%)	$3,259	205 (73%)	$3,259	-	-
2017-18	150 (87%)	$3,338	150 (87%)	$3,338	-	-
2018-19	145 (80%)	$3,338	145 (80%)	$3,338	-	-
2019-20	63 (56%)	$5,195	63 (56%)	$5,195	-	-
2020-21	40 (18%)	$4,333	40 (18%)	$4,333	-	-
2021-22	52 (55%)	$6,180	52 (55%)	$6,180	-	-
Average	127 (67.89%)	$4,336	127 (67.89%)	$4,336	-	-

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Scholarships, Grants, and Loan Trends at Medical Institute of Palm Beach

All Undergraduate Students Financial Aid Over Time

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