How Summit Academy Opportunities Industrialization Center'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 Summit Academy Opportunities Industrialization Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 757, which is 95.22 % of all undergraduate students.

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	573 (87%)	$4,005	422 (64%)	$2,922	-	-
2014-15	438 (72%)	$5,184	286 (47%)	$3,477	-	-
2015-16	634 (100%)	$4,024	275 (43%)	$3,081	-	-
2016-17	885 (100%)	$4,668	477 (54%)	$3,125	-	-
2017-18	876 (100%)	$5,849	504 (58%)	$3,556	-	-
2018-19	871 (100%)	$5,996	513 (59%)	$3,615	-	-
2019-20	939 (100%)	$6,537	553 (59%)	$3,357	-	-
2020-21	711 (100%)	$5,469	421 (59%)	$2,904	-	-
2021-22	890 (98%)	$5,569	509 (56%)	$2,984	-	-
Average	757 (95.22%)	$5,256	440 (55.44%)	$3,225	-	-

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

Overview

For the last 10 years, on average, 464 (95.78 % of students) received grants or scholarships and its average amount is $5,287. It can cover 71.35% of tuition & fees ($7,410).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	389 (88%)	$5,276	-	-
2014-15	143 (74%)	$5,160	-	-
2015-16	212 (100%)	$4,256	-	-
2016-17	507 (100%)	$4,651	-	-
2017-18	461 (100%)	$5,839	-	-
2018-19	500 (100%)	$5,832	-	-
2019-20	768 (100%)	$5,542	-	-
2020-21	513 (100%)	$5,489	-	-
2021-22	680 (100%)	$5,536	-	-
Average	464 (95.78%)	$5,287	-	-

^*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, 298 (61.56 % of students) received Pell (federal) grants and its average amount is $3,291.

In addition, 280 students received State/local government grants/scholarships (56.44 % 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	339 (77%)	$3,138	339 (77%)	$88	293 (66%)	$714	387 (88%)	$1,937
2014-15	108 (56%)	$3,551	106 (55%)	$152	88 (46%)	$824	129 (67%)	$2,060
2015-16	94 (44%)	$3,205	93 (44%)	$157	77 (36%)	$983	212 (100%)	$2,409
2016-17	299 (59%)	$3,128	299 (59%)	$85	267 (53%)	$1,155	499 (98%)	$2,183
2017-18	310 (67%)	$3,643	291 (63%)	$109	292 (63%)	$1,285	460 (100%)	$2,511
2018-19	329 (66%)	$3,608	318 (64%)	$88	321 (64%)	$1,498	499 (100%)	$2,445
2019-20	465 (61%)	$3,372	460 (60%)	$96	462 (60%)	$1,430	688 (90%)	$2,884
2020-21	324 (63%)	$2,965	324 (63%)	$81	307 (60%)	$1,315	498 (97%)	$2,862
2021-22	416 (61%)	$3,008	403 (59%)	$77	410 (60%)	$1,330	671 (99%)	$2,887
Average	298 (61.56%)	$3,291	293 (60.44%)	$104	280 (56.44%)	$1,170	449 (93.22%)	$2,464

^*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..

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Scholarships, Grants, and Loan Trends at Summit Academy Opportunities Industrialization Center

All Undergraduate Students Financial Aid Over Time

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