Scholarships, Grants, and Loan Trends at Remington College-Memphis Campus

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 495, which is 78.00 % of all undergraduate students. 388 students which is 61.22% of undergraduate students received federal student loans and the average loan amount is $7,236.
For full-time, first-time beginning students (freshmen), 87.00% of students received grants or scholarships and 81% 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 Remington College-Memphis Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 495, which is 78.00 % of all undergraduate students. 388 students which is 61.22% of undergraduate students received federal student loans and the average loan amount is $7,236.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14714 (88%)$4,496671 (82%)$3,914460 (57%)$7,829
2014-15523 (83%)$4,658514 (81%)$4,103382 (60%)$7,510
2015-16577 (80%)$4,120564 (78%)$3,795452 (62%)$6,210
2016-17492 (83%)$4,343471 (79%)$3,901393 (66%)$6,368
2017-18530 (78%)$4,051511 (76%)$3,795485 (72%)$5,957
2018-19416 (74%)$5,097410 (73%)$4,897366 (65%)$8,551
2019-20514 (78%)$5,560508 (77%)$4,888424 (65%)$8,867
2020-21417 (66%)$4,562382 (60%)$3,682339 (54%)$7,712
2021-22271 (72%)$4,533259 (68%)$3,751189 (50%)$6,117
Average495 (78.00%)$4,602477 (74.89%)$4,081388 (61.22%)$7,236

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

For the last 10 years, on average, 163 (87.00 % of students) received grants or scholarships and its average amount is $5,172. It can cover 25.80% of tuition & fees ($20,047).
In addition, 151 (80.67 % of students) students get helped from the students loans (average amount : $8,172).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14258 (96%)$5,397234 (87%)$8,962
2014-15235 (94%)$5,191220 (88%)$8,565
2015-16148 (85%)$4,424125 (71%)$7,589
2016-17139 (83%)$4,689127 (76%)$8,107
2017-18133 (87%)$4,592129 (84%)$7,041
2018-19129 (75%)$5,501127 (74%)$9,437
2019-20176 (93%)$6,495175 (92%)$9,770
2020-21151 (94%)$5,098138 (86%)$7,665
2021-2299 (76%)$5,16088 (68%)$6,413
Average163 (87.00%)$5,172151 (80.67%)$8,172
*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, 159 (84.67 % of students) received Pell (federal) grants and its average amount is $4,544.
In addition, 8 students received State/local government grants/scholarships (4.00 % 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
2013-14249 (93%)$4,540219 (82%)$10517 (6%)$1,777219 (82%)$953
2014-15232 (92%)$4,590--8 (3%)$1,269113 (45%)$1,281
2015-16144 (82%)$4,068--1 (1%)$70865 (37%)$1,051
2016-17136 (81%)$4,195--11 (7%)$1,72060 (36%)$1,039
2017-18128 (84%)$4,312--6 (4%)$1,49058 (38%)$860
2018-19129 (75%)$5,155--5 (3%)$1,20038 (22%)$1,016
2019-20174 (92%)$5,56664 (34%)$1,850--57 (30%)$989
2020-21142 (88%)$4,27537 (23%)$2,269--98 (61%)$805
2021-2297 (75%)$4,19717 (13%)$3,034--66 (51%)$791
Average159 (84.67%)$4,54484 (38.00%)$1,8158 (4.00%)$1,36186 (44.67%)$976
*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, 151 (80.67 % of students) get any students loan help and its average loan amount is $151.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14234 (87%)$8,962233 (87%)$8,85439 (15%)$881
2014-15220 (88%)$8,565220 (88%)$8,52524 (10%)$365
2015-16125 (71%)$7,589124 (71%)$7,61213 (7%)$368
2016-17127 (76%)$8,107127 (76%)$8,00420 (12%)$655
2017-18129 (84%)$7,041129 (84%)$7,0353 (2%)$262
2018-19127 (74%)$9,437126 (73%)$9,4997 (4%)$248
2019-20175 (92%)$9,770173 (91%)$9,84521 (11%)$306
2020-21138 (86%)$7,665138 (86%)$7,6254 (2%)$1,393
2021-2288 (68%)$6,41383 (64%)$6,16911 (8%)$4,757
Average151 (80.67%)$8,172150 (80.00%)$8,13016 (7.89%)$1,026
Most Searched Tennessee Colleges (last 30 days)
Related Articles and Ads