How Midwest Institute'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 Midwest Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 142, which is 38.11 % of all undergraduate students. 172 students which is 46.67% of undergraduate students received federal student loans and the average loan amount is $9,354.

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	108 (38%)	$4,844	108 (38%)	$4,844	130 (46%)	$8,729
2014-15	63 (17%)	$5,118	63 (17%)	$5,118	111 (30%)	$8,065
2015-16	77 (22%)	$4,677	77 (22%)	$4,677	77 (22%)	$8,235
2016-17	178 (47%)	$4,615	178 (47%)	$4,615	208 (55%)	$9,544
2017-18	99 (23%)	$5,887	99 (23%)	$5,887	122 (28%)	$10,912
2018-19	245 (55%)	$5,479	245 (55%)	$5,479	257 (58%)	$10,120
2019-20	207 (52%)	$4,796	207 (52%)	$4,796	245 (62%)	$9,115
2020-21	170 (48%)	$3,842	170 (48%)	$3,842	216 (61%)	$10,171
2021-22	127 (41%)	$6,705	127 (41%)	$6,705	179 (58%)	$9,292
Average	142 (38.11%)	$5,107	142 (38.11%)	$5,107	172 (46.67%)	$9,354

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

Overview

For the last 10 years, on average, 46 (68.89 % of students) received grants or scholarships and its average amount is $4,627. It can cover 15.08% of tuition & fees ($30,691).

In addition, 49 (77.00 % of students) students get helped from the students loans (average amount : $8,827).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (71%)	$4,590	40 (82%)	$8,400
2014-15	4 (29%)	$4,298	8 (57%)	$8,994
2015-16	27 (42%)	$4,966	29 (45%)	$7,500
2016-17	46 (81%)	$3,727	48 (84%)	$8,732
2017-18	39 (71%)	$4,422	44 (80%)	$8,302
2018-19	58 (83%)	$4,459	60 (86%)	$9,921
2019-20	66 (88%)	$3,901	66 (88%)	$8,926
2020-21	70 (80%)	$4,500	76 (86%)	$9,536
2021-22	65 (75%)	$6,782	74 (85%)	$9,133
Average	46 (68.89%)	$4,627	49 (77.00%)	$8,827

^*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, 46 (68.89 % of students) received Pell (federal) grants and its average amount is $4,627.

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	35 (71%)	$4,590	-	-	-	-	-	-
2014-15	4 (29%)	$4,298	-	-	-	-	-	-
2015-16	27 (42%)	$4,966	-	-	-	-	-	-
2016-17	46 (81%)	$3,727	-	-	-	-	-	-
2017-18	39 (71%)	$4,422	-	-	-	-	-	-
2018-19	58 (83%)	$4,459	-	-	-	-	-	-
2019-20	66 (88%)	$3,901	-	-	-	-	-	-
2020-21	70 (80%)	$4,500	-	-	-	-	-	-
2021-22	65 (75%)	$6,782	-	-	-	-	-	-
Average	46 (68.89%)	$4,627	-	-	-	-	-	-

^*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, 49 (77.00 % of students) get any students loan help and its average loan amount is $49.

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	40 (82%)	$8,400	40 (82%)	$8,400	-	-
2014-15	8 (57%)	$8,994	8 (57%)	$8,994	-	-
2015-16	29 (45%)	$7,500	29 (45%)	$7,500	-	-
2016-17	48 (84%)	$8,732	48 (84%)	$8,732	-	-
2017-18	44 (80%)	$8,302	44 (80%)	$8,302	-	-
2018-19	60 (86%)	$9,921	60 (86%)	$9,921	-	-
2019-20	66 (88%)	$8,926	66 (88%)	$8,926	-	-
2020-21	76 (86%)	$9,536	76 (86%)	$9,536	-	-
2021-22	74 (85%)	$9,133	74 (85%)	$9,133	-	-
Average	49 (77.00%)	$8,827	49 (77.00%)	$8,827	-	-

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Scholarships, Grants, and Loan Trends at Midwest Institute

All Undergraduate Students Financial Aid Over Time

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