How MMI AZ'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 Universal Technical Institute of Arizona Inc-Motorcycle Mechanics Institute Division since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,278, which is 76.56 % of all undergraduate students. 926 students which is 54.00% of undergraduate students received federal student loans and the average loan amount is $6,887.

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	2,032 (72%)	$3,442	1,375 (49%)	$3,802	1,688 (60%)	$7,463
2014-15	1,622 (73%)	$3,377	1,006 (45%)	$3,878	1,273 (57%)	$7,196
2015-16	1,371 (73%)	$3,486	869 (46%)	$3,891	1,004 (53%)	$7,166
2016-17	1,155 (72%)	$3,598	674 (42%)	$3,935	830 (52%)	$7,054
2017-18	1,090 (76%)	$4,024	691 (48%)	$4,120	730 (51%)	$6,772
2018-19	1,055 (77%)	$4,080	662 (48%)	$4,391	734 (53%)	$7,001
2019-20	1,158 (84%)	$3,468	637 (46%)	$3,627	725 (52%)	$5,912
2020-21	1,059 (84%)	$3,754	545 (43%)	$3,919	650 (51%)	$6,602
2021-22	960 (78%)	$4,313	558 (45%)	$4,312	703 (57%)	$6,819
Average	1,278 (76.56%)	$3,727	780 (45.78%)	$3,986	926 (54.00%)	$6,887

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

Overview

For the last 10 years, on average, 383 (78.22 % of students) received grants or scholarships and its average amount is $4,723. It can cover 12.94% of tuition & fees ($36,500).

In addition, 346 (70.44 % of students) students get helped from the students loans (average amount : $8,006).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	738 (78%)	$4,158	687 (73%)	$8,439
2014-15	459 (77%)	$4,315	414 (69%)	$8,203
2015-16	353 (77%)	$4,475	331 (72%)	$7,853
2016-17	298 (74%)	$4,482	292 (72%)	$7,369
2017-18	270 (78%)	$5,077	246 (71%)	$7,000
2018-19	334 (79%)	$4,711	294 (70%)	$7,742
2019-20	410 (90%)	$4,745	316 (69%)	$7,666
2020-21	286 (76%)	$5,142	253 (67%)	$8,956
2021-22	300 (75%)	$5,405	283 (71%)	$8,830
Average	383 (78.22%)	$4,723	346 (70.44%)	$8,006

^*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, 285 (57.89 % of students) received Pell (federal) grants and its average amount is $4,572.

In addition, 5 students received State/local government grants/scholarships (1.60 % 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	566 (60%)	$4,301	168 (18%)	$857	3 (0%)	$3,738	400 (42%)	$1,198
2014-15	342 (57%)	$4,396	124 (21%)	$965	2 (0%)	$6,342	254 (43%)	$1,358
2015-16	274 (60%)	$4,439	127 (28%)	$1,074	14 (3%)	$1,435	171 (37%)	$1,209
2016-17	225 (56%)	$4,409	113 (28%)	$960	8 (2%)	$1,769	145 (36%)	$1,524
2017-18	217 (62%)	$4,783	90 (26%)	$918	3 (1%)	$1,033	165 (47%)	$1,498
2018-19	254 (60%)	$4,750	71 (17%)	$1,254	2 (0%)	$3,145	216 (51%)	$1,257
2019-20	265 (58%)	$4,494	333 (73%)	$1,460	5 (1%)	$580	174 (38%)	$1,526
2020-21	209 (55%)	$4,551	181 (48%)	$1,720	3 (1%)	$1,016	145 (38%)	$1,414
2021-22	211 (53%)	$5,021	200 (50%)	$1,806	-	-	140 (35%)	$1,434
Average	285 (57.89%)	$4,572	156 (34.33%)	$1,224	5 (1.60%)	$2,382	201 (40.78%)	$1,380

^*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, 346 (70.44 % of students) get any students loan help and its average loan amount is $346.

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	687 (73%)	$8,439	685 (73%)	$7,987	89 (9%)	$3,674
2014-15	414 (69%)	$8,203	414 (69%)	$7,656	61 (10%)	$3,711
2015-16	331 (72%)	$7,853	329 (72%)	$7,287	48 (10%)	$4,210
2016-17	292 (72%)	$7,369	292 (72%)	$6,873	38 (9%)	$3,813
2017-18	246 (71%)	$7,000	246 (71%)	$6,700	21 (6%)	$3,505
2018-19	294 (70%)	$7,742	292 (69%)	$7,064	31 (7%)	$6,879
2019-20	316 (69%)	$7,666	316 (69%)	$6,950	45 (10%)	$5,027
2020-21	253 (67%)	$8,956	252 (67%)	$7,484	43 (11%)	$8,837
2021-22	283 (71%)	$8,830	283 (71%)	$7,319	52 (13%)	$8,222
Average	346 (70.44%)	$8,006	345 (70.33%)	$7,258	48 (9.44%)	$5,320

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Scholarships, Grants, and Loan Trends at MMI AZ

All Undergraduate Students Financial Aid Over Time

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