Scholarships, Grants, and Loan Trends at National Aviation Academy of New England

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 243, which is 68.44 % of all undergraduate students. 259 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $8,628.
For full-time, first-time beginning students (freshmen), 68.78% of students received grants or scholarships and 75% 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 National Aviation Academy of New England since 2013.
For that period, the average number of students who received grants aid/scholarships is 243, which is 68.44 % of all undergraduate students. 259 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $8,628.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14297 (83%)$3,327224 (63%)$4,221297 (83%)$6,823
2014-15226 (64%)$4,179219 (62%)$4,106232 (66%)$9,245
2015-16203 (68%)$4,907200 (67%)$4,750205 (68%)$9,043
2016-17185 (65%)$4,818178 (63%)$4,783191 (67%)$8,269
2017-18246 (72%)$6,212245 (71%)$6,108257 (75%)$9,960
2018-19306 (71%)$6,077299 (69%)$6,031333 (77%)$9,319
2019-20323 (80%)$6,478272 (67%)$5,421297 (74%)$8,185
2020-21229 (61%)$7,297221 (59%)$5,437276 (73%)$8,679
2021-22171 (52%)$5,803169 (51%)$5,441246 (74%)$8,129
Average243 (68.44%)$5,455225 (63.56%)$5,144259 (73.00%)$8,628

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

For the last 10 years, on average, 144 (68.78 % of students) received grants or scholarships and its average amount is $5,788. It can cover 14.51% of tuition & fees ($39,900).
In addition, 153 (74.56 % of students) students get helped from the students loans (average amount : $10,872).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14185 (67%)$4,329188 (68%)$8,964
2014-15165 (64%)$4,275160 (62%)$10,405
2015-16146 (70%)$4,645146 (70%)$8,801
2016-17147 (68%)$4,954149 (69%)$8,880
2017-18210 (73%)$6,186230 (80%)$10,190
2018-19144 (72%)$6,375168 (84%)$13,087
2019-20156 (88%)$7,245140 (79%)$12,912
2020-2180 (65%)$7,88197 (78%)$12,295
2021-2265 (52%)$6,198101 (81%)$12,318
Average144 (68.78%)$5,788153 (74.56%)$10,872
*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, 138 (65.44 % of students) received Pell (federal) grants and its average amount is $5,307.
In addition, 29 students received State/local government grants/scholarships (14.63 % 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
2013-14175 (64%)$4,376--35 (13%)$53414 (5%)$1,179
2014-15161 (63%)$4,128--37 (14%)$457149 (58%)$160
2015-16144 (69%)$4,622--32 (15%)$3751 (0%)$700
2016-17142 (65%)$4,891--30 (14%)$1,0223 (1%)$1,000
2017-18210 (73%)$6,061--34 (12%)$774--
2018-19144 (72%)$6,322--13 (7%)$588--
2019-20120 (68%)$5,732143 (81%)$3,094----
2020-2178 (63%)$5,74751 (41%)$3,19527 (22%)$714--
2021-2265 (52%)$5,884--25 (20%)$816--
Average138 (65.44%)$5,30797 (61.00%)$3,14529 (14.63%)$66042 (21.33%)$760
*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, 153 (74.56 % of students) get any students loan help and its average loan amount is $153.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14188 (68%)$8,964180 (65%)$8,7318 (3%)$14,212
2014-15160 (62%)$10,405149 (58%)$10,38311 (4%)$10,704
2015-16146 (70%)$8,801144 (69%)$8,3386 (3%)$14,054
2016-17149 (69%)$8,880142 (65%)$9,0689 (4%)$3,944
2017-18230 (80%)$10,190225 (78%)$9,82212 (4%)$11,149
2018-19168 (84%)$13,087165 (83%)$11,57424 (12%)$12,041
2019-20140 (79%)$12,912137 (77%)$9,99817 (10%)$25,765
2020-2197 (78%)$12,29595 (77%)$11,1428 (6%)$16,768
2021-22101 (81%)$12,31898 (79%)$10,38311 (9%)$20,603
Average153 (74.56%)$10,872148 (72.33%)$9,93812 (6.11%)$14,360
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