38 students (67% of total 57 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Formations Institute. The average amount of the aid awarded is $4,686.

For the first-time, full-time beginning students (freshmen), 94% of total 18 enrolled students have received any kind of financial aid and its average amount of aid received is $5,414.

All Undergraduate Financial Aid

At Formations Institute, 38 undergraduate students (67% of total 57 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,686.

Financial Aid Statistics (All Undergraduate Students) - Formations Institute
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3867% $178,053$4,686
Pell Grants3460% $159,247$4,684
Federal Student Loan3968% $217,763$5,584

Beginning Undergraduate Students (Freshmen) Financial Aid

17 beginning undergraduate students (94% of total 18 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Formations Institute. The average amount of aid received is $5,414.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Formations Institute
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1794% --
Grants or Scholarships1689%$86,623$5,414
Federal Grants1689%$79,123$4,945
Pell Grants1372%$71,623$5,509
Other Federal Grants633%$7,500$1,250
State/Local Grants16%$1,000$1,000
Institutional Grants528%$6,500$1,300
Student Loan Aid1372%$89,082$6,852
Federal Student Loans1372%$89,082$6,852
Other Student Loans----

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