How RSI'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 Refrigeration School Inc since 2013.

For that period, the average number of students who received grants aid/scholarships is 980, which is 72.56 % of all undergraduate students. 908 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $6,431.

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	735 (70%)	$4,629	637 (61%)	$3,899	712 (68%)	$6,857
2014-15	783 (66%)	$4,414	718 (61%)	$3,635	766 (65%)	$6,405
2015-16	772 (70%)	$4,437	703 (64%)	$3,911	769 (70%)	$6,675
2016-17	803 (71%)	$4,047	715 (64%)	$3,525	746 (66%)	$5,946
2017-18	899 (69%)	$4,929	812 (62%)	$3,986	811 (62%)	$5,943
2018-19	1,177 (77%)	$5,503	1,031 (68%)	$4,512	1,090 (72%)	$7,180
2019-20	1,259 (82%)	$5,474	1,040 (68%)	$4,201	1,111 (72%)	$6,364
2020-21	1,248 (78%)	$5,242	961 (60%)	$4,280	1,116 (70%)	$6,044
2021-22	1,142 (70%)	$6,041	943 (58%)	$2,979	1,055 (65%)	$6,464
Average	980 (72.56%)	$4,968	840 (62.89%)	$3,881	908 (67.78%)	$6,431

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

Overview

For the last 10 years, on average, 610 (75.78 % of students) received grants or scholarships and its average amount is $5,160. It can cover 23.14% of tuition & fees ($22,300).

In addition, 564 (70.00 % of students) students get helped from the students loans (average amount : $7,618).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	495 (70%)	$5,074	448 (63%)	$7,842
2014-15	445 (66%)	$4,092	425 (63%)	$6,600
2015-16	496 (71%)	$4,695	487 (70%)	$7,283
2016-17	518 (73%)	$4,280	476 (67%)	$7,038
2017-18	620 (70%)	$5,270	525 (59%)	$6,874
2018-19	799 (85%)	$5,874	728 (77%)	$8,309
2019-20	778 (92%)	$6,208	680 (80%)	$7,255
2020-21	668 (78%)	$5,921	654 (76%)	$8,319
2021-22	672 (77%)	$5,022	656 (75%)	$9,038
Average	610 (75.78%)	$5,160	564 (70.00%)	$7,618

^*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, 544 (67.33 % of students) received Pell (federal) grants and its average amount is $4,148.

In addition, 85 students received State/local government grants/scholarships (10.22 % of students).

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	449 (63%)	$4,037	181 (26%)	$215	41 (6%)	$8,161	264 (37%)	$1,233
2014-15	410 (61%)	$3,487	115 (17%)	$165	31 (5%)	$6,108	160 (24%)	$1,144
2015-16	455 (65%)	$4,079	141 (20%)	$188	29 (4%)	$5,324	253 (36%)	$1,153
2016-17	463 (65%)	$3,712	129 (18%)	$175	39 (5%)	$4,865	232 (32%)	$1,235
2017-18	569 (64%)	$4,167	154 (17%)	$201	46 (5%)	$11,221	236 (27%)	$1,481
2018-19	725 (77%)	$4,916	252 (27%)	$162	33 (3%)	$11,259	442 (47%)	$1,623
2019-20	648 (76%)	$4,617	181 (21%)	$195	450 (53%)	$2,313	414 (49%)	$1,840
2020-21	583 (68%)	$4,812	166 (19%)	$208	56 (7%)	$8,915	355 (41%)	$1,736
2021-22	590 (67%)	$3,505	229 (26%)	$200	39 (4%)	$9,556	408 (47%)	$2,177
Average	544 (67.33%)	$4,148	172 (21.22%)	$190	85 (10.22%)	$7,525	307 (37.78%)	$1,514

^*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, 564 (70.00 % of students) get any students loan help and its average loan amount is $564.

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	448 (63%)	$7,842	446 (63%)	$7,705	14 (2%)	$5,486
2014-15	425 (63%)	$6,600	423 (63%)	$6,503	8 (1%)	$6,768
2015-16	487 (70%)	$7,283	484 (69%)	$7,198	9 (1%)	$6,960
2016-17	476 (67%)	$7,038	474 (66%)	$6,876	15 (2%)	$6,039
2017-18	525 (59%)	$6,874	522 (59%)	$6,691	15 (2%)	$7,740
2018-19	728 (77%)	$8,309	726 (77%)	$7,999	25 (3%)	$9,660
2019-20	680 (80%)	$7,255	679 (80%)	$7,058	17 (2%)	$8,316
2020-21	654 (76%)	$8,319	653 (76%)	$7,392	62 (7%)	$9,897
2021-22	656 (75%)	$9,038	648 (74%)	$7,626	82 (9%)	$12,036
Average	564 (70.00%)	$7,618	562 (69.67%)	$7,228	27 (3.22%)	$8,100

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Scholarships, Grants, and Loan Trends at RSI

All Undergraduate Students Financial Aid Over Time

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