Scholarships, Grants, and Loan Trends at UTMI

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 84, which is 64.00 % of all undergraduate students. 87 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $6,295.
For full-time, first-time beginning students (freshmen), 75.83% of students received grants or scholarships and 78% 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 Universal Therapeutic Massage Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 84, which is 64.00 % of all undergraduate students. 87 students which is 65.67% of undergraduate students received federal student loans and the average loan amount is $6,295.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1467 (52%)$4,39566 (51%)$3,69168 (53%)$5,346
2014-1594 (83%)$5,88191 (81%)$5,05595 (84%)$7,437
2015-1693 (81%)$5,63489 (77%)$4,54993 (81%)$6,784
2016-17103 (77%)$2,50797 (73%)$2,209107 (80%)$3,714
2017-1890 (55%)$4,20283 (51%)$3,787107 (65%)$6,052
2018-1958 (36%)$3,53358 (36%)$3,53349 (31%)$8,439
Average84 (64.00%)$4,35981 (61.50%)$3,80487 (65.67%)$6,295

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

For the last 7 years, on average, 72 (75.83 % of students) received grants or scholarships and its average amount is $4,370. It can cover 33.85% of tuition & fees ($12,910).
In addition, 73 (77.67 % of students) students get helped from the students loans (average amount : $6,157).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1467 (60%)$3,66068 (61%)$4,724
2014-1590 (83%)$6,02191 (83%)$7,618
2015-1689 (81%)$5,40392 (84%)$6,704
2016-17103 (90%)$2,50689 (77%)$3,325
2017-1866 (71%)$3,93180 (86%)$6,100
2018-1914 (70%)$4,69915 (75%)$8,473
Average72 (75.83%)$4,37073 (77.67%)$6,157
*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 7 years, on average, 69 (73.67 % of students) received Pell (federal) grants and its average amount is $3,936.
In addition, 8 students received State/local government grants/scholarships (7.00 % 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
2013-1466 (59%)$3,2913 (3%)$6,4662 (2%)$4,308--
2014-1587 (80%)$5,1686 (6%)$8,3705 (5%)$8,415--
2015-1689 (81%)$4,451--10 (9%)$8,467--
2016-1797 (84%)$2,209--16 (14%)$2,740--
2017-1863 (68%)$3,797--5 (5%)$4,043--
2018-1914 (70%)$4,699------
Average69 (73.67%)$3,9365 (4.50%)$7,4188 (7.00%)$5,595--
*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 7 years, on average, 73 (77.67 % of students) get any students loan help and its average loan amount is $73.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1468 (61%)$4,72468 (61%)$4,724--
2014-1591 (83%)$7,61891 (83%)$7,618--
2015-1692 (84%)$6,70492 (84%)$6,704--
2016-1789 (77%)$3,32589 (77%)$3,325--
2017-1880 (86%)$6,10080 (86%)$6,100--
2018-1915 (75%)$8,47315 (75%)$8,473--
Average73 (77.67%)$6,15773 (77.67%)$6,157--
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