Scholarships, Grants, and Loan Trends at Midwestern Career

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 410, which is 63.11 % of all undergraduate students. 370 students which is 58.67% of undergraduate students received federal student loans and the average loan amount is $6,309.
For full-time, first-time beginning students (freshmen), 76.56% of students received grants or scholarships and 63% 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 Midwestern Career College since 2013.
For that period, the average number of students who received grants aid/scholarships is 410, which is 63.11 % of all undergraduate students. 370 students which is 58.67% of undergraduate students received federal student loans and the average loan amount is $6,309.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14280 (88%)$4,308278 (88%)$3,904300 (95%)$5,259
2014-15221 (70%)$7,425221 (70%)$4,350224 (71%)$3,033
2015-16286 (58%)$5,901268 (55%)$5,553240 (49%)$6,634
2016-17465 (65%)$3,312446 (62%)$3,181438 (61%)$7,150
2017-18517 (70%)$3,975457 (62%)$3,389456 (62%)$6,639
2018-19458 (61%)$3,834396 (53%)$3,800435 (58%)$6,788
2019-20417 (49%)$3,513359 (42%)$3,638400 (47%)$6,165
2020-21550 (58%)$4,583416 (44%)$3,924462 (48%)$7,136
2021-22498 (49%)$3,402337 (33%)$3,817371 (37%)$7,974
Average410 (63.11%)$4,473353 (56.56%)$3,951370 (58.67%)$6,309

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

For the last 10 years, on average, 68 (76.56 % of students) received grants or scholarships and its average amount is $3,968. It can cover 22.91% of tuition & fees ($17,320).
In addition, 61 (63.44 % of students) students get helped from the students loans (average amount : $6,337).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1433 (89%)$3,3756 (16%)$6,083
2014-1531 (94%)$3,39831 (94%)$5,179
2015-1660 (64%)$6,03948 (51%)$7,953
2016-17190 (61%)$3,260186 (59%)$6,922
2017-1878 (74%)$3,33776 (72%)$6,859
2018-1950 (89%)$4,91649 (88%)$6,667
2019-2047 (81%)$3,09942 (72%)$4,805
2020-2177 (87%)$4,87671 (80%)$5,765
2021-2250 (50%)$3,41039 (39%)$6,798
Average68 (76.56%)$3,96861 (63.44%)$6,337
*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 10 years, on average, 64 (72.33 % of students) received Pell (federal) grants and its average amount is $3,719.
In addition, 3 students received State/local government grants/scholarships (4.13 % 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
2013-1433 (89%)$3,3301 (3%)$4502 (5%)$3751 (3%)$300
2014-1531 (94%)$3,3871 (3%)$360----
2015-1650 (53%)$5,695--12 (13%)$6,466--
2016-17187 (60%)$3,130--3 (1%)$8,36618 (6%)$500
2017-1874 (70%)$3,329--1 (1%)$8,00012 (11%)$500
2018-1950 (89%)$4,506--2 (4%)$7,05410 (18%)$639
2019-2046 (79%)$2,931--1 (2%)$10,0002 (3%)$425
2020-2169 (78%)$3,73827 (30%)$2,5515 (6%)$6,8308 (9%)$1,817
2021-2239 (39%)$3,42945 (45%)$4361 (1%)$4,47019 (19%)$668
Average64 (72.33%)$3,71919 (20.25%)$9493 (4.13%)$6,44510 (9.86%)$693
*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 10 years, on average, 61 (63.44 % of students) get any students loan help and its average loan amount is $61.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-146 (16%)$6,0835 (14%)$6,0002 (5%)$3,250
2014-1531 (94%)$5,17931 (94%)$5,179--
2015-1648 (51%)$7,95348 (51%)$7,953--
2016-17186 (59%)$6,922186 (59%)$6,922--
2017-1876 (72%)$6,85976 (72%)$6,859--
2018-1949 (88%)$6,66749 (88%)$6,667--
2019-2042 (72%)$4,80541 (71%)$4,8491 (2%)$3,000
2020-2171 (80%)$5,76571 (80%)$5,5093 (3%)$6,056
2021-2239 (39%)$6,79839 (39%)$6,4983 (3%)$3,912
Average61 (63.44%)$6,33761 (63.11%)$6,2712 (3.25%)$4,055
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