Scholarships, Grants, and Loan Trends at Prism Career Institute-Philadelphia

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 285, which is 71.56 % of all undergraduate students. 268 students which is 66.44% of undergraduate students received federal student loans and the average loan amount is $6,851.
For full-time, first-time beginning students (freshmen), 76.22% of students received grants or scholarships and 69% 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 Prism Career Institute-Philadelphia since 2013.
For that period, the average number of students who received grants aid/scholarships is 285, which is 71.56 % of all undergraduate students. 268 students which is 66.44% of undergraduate students received federal student loans and the average loan amount is $6,851.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14311 (71%)$4,201311 (71%)$4,080353 (81%)$7,618
2014-15503 (87%)$4,067503 (87%)$4,067475 (82%)$8,267
2015-16451 (84%)$3,884443 (83%)$3,924484 (90%)$7,258
2016-17208 (69%)$3,158208 (69%)$3,069225 (75%)$5,974
2017-18269 (77%)$3,556269 (77%)$3,540176 (50%)$6,879
2018-19199 (73%)$3,518199 (73%)$3,471134 (49%)$7,009
2019-20186 (69%)$3,158180 (66%)$3,087189 (70%)$5,708
2020-21170 (53%)$4,385167 (52%)$3,353181 (56%)$5,663
2021-22267 (61%)$4,530258 (59%)$3,925199 (45%)$7,279
Average285 (71.56%)$3,829282 (70.78%)$3,613268 (66.44%)$6,851

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

For the last 10 years, on average, 106 (76.22 % of students) received grants or scholarships and its average amount is $3,667. It can cover 12.97% of tuition & fees ($28,283).
In addition, 96 (68.89 % of students) students get helped from the students loans (average amount : $6,582).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14163 (81%)$3,629159 (79%)$7,527
2014-15183 (87%)$3,865157 (75%)$7,926
2015-16126 (85%)$3,846131 (89%)$6,672
2016-1751 (70%)$3,28050 (68%)$5,767
2017-1884 (79%)$3,33456 (52%)$6,105
2018-1979 (80%)$3,45257 (58%)$6,655
2019-2071 (74%)$2,94572 (75%)$5,403
2020-2162 (63%)$4,10967 (68%)$5,355
2021-22137 (67%)$4,545114 (56%)$7,825
Average106 (76.22%)$3,66796 (68.89%)$6,582
*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, 102 (74.33 % of students) received Pell (federal) grants and its average amount is $3,486.
In addition, 12 students received State/local government grants/scholarships (8.20 % 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
2013-14136 (68%)$4,09462 (31%)$1827 (3%)$3,357--
2014-15183 (87%)$3,72372 (34%)$2183 (1%)$3,410--
2015-16124 (84%)$3,82932 (22%)$2001 (1%)$3,410--
2016-1751 (70%)$3,2449 (12%)$203----
2017-1884 (79%)$3,3196 (6%)$213----
2018-1979 (80%)$3,42411 (11%)$201----
2019-2071 (74%)$2,88813 (14%)$311----
2020-2161 (62%)$3,0249 (9%)$21922 (22%)$3,104--
2021-22133 (65%)$3,82645 (22%)$30829 (14%)$3,447--
Average102 (74.33%)$3,48629 (17.89%)$22812 (8.20%)$3,346--
*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, 96 (68.89 % of students) get any students loan help and its average loan amount is $96.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14159 (79%)$7,527159 (79%)$7,527--
2014-15157 (75%)$7,926157 (75%)$7,926--
2015-16131 (89%)$6,672131 (89%)$6,672--
2016-1750 (68%)$5,76750 (68%)$5,767--
2017-1856 (52%)$6,10556 (52%)$6,105--
2018-1957 (58%)$6,65557 (58%)$6,5923 (3%)$1,198
2019-2072 (75%)$5,40372 (75%)$5,3861 (1%)$1,205
2020-2167 (68%)$5,35567 (68%)$5,2954 (4%)$1,000
2021-22114 (56%)$7,825113 (55%)$7,5423 (1%)$13,241
Average96 (68.89%)$6,58296 (68.78%)$6,5353 (2.25%)$4,161
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