Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 193, which is 62.11 % of all undergraduate students. 193 students which is 61.11% of undergraduate students received federal student loans and the average loan amount is $6,350.

For full-time, first-time beginning students (freshmen), 73.43% of students received grants or scholarships and 70% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Ace Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 193, which is 62.11 % of all undergraduate students. 193 students which is 61.11% of undergraduate students received federal student loans and the average loan amount is $6,350.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14143 (64%)$6,861129 (58%)$3,54492 (41%)$6,800
2014-15132 (63%)$4,259125 (60%)$3,898123 (59%)$5,292
2015-16135 (52%)$5,396135 (52%)$5,305136 (53%)$6,764
2016-17267 (81%)$5,200261 (79%)$4,861272 (83%)$6,589
2017-18210 (61%)$5,209199 (58%)$4,731197 (57%)$6,098
2018-19196 (52%)$4,112179 (48%)$3,823150 (40%)$6,043
2019-20225 (71%)$5,347219 (69%)$5,098257 (81%)$6,518
2020-21196 (61%)$5,934193 (61%)$5,731228 (71%)$7,221
2021-22234 (54%)$5,547228 (52%)$5,428282 (65%)$5,826
Average193 (62.11%)$5,318185 (59.67%)$4,713193 (61.11%)$6,350
*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.

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

For the last 10 years, on average, 131 (73.43 % of students) received grants or scholarships and its average amount is $5,402. It can cover 48.55% of tuition & fees ($11,125).

In addition, 124 (70.43 % of students) students get helped from the students loans (average amount : $6,253).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-15----
2015-1672 (83%)$5,41376 (87%)$6,752
2016-17147 (81%)$5,195152 (84%)$6,517
2017-18141 (74%)$5,058130 (68%)$6,080
2018-19125 (52%)$4,33497 (40%)$6,108
2019-20139 (82%)$5,907136 (80%)$6,018
2020-21138 (76%)$6,044127 (70%)$6,128
2021-22154 (66%)$5,860148 (64%)$6,170
Average131 (73.43%)$5,402124 (70.43%)$6,253
*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, 127 (71.43 % of students) received Pell (federal) grants and its average amount is $5,162.

In addition, 8 students received State/local government grants/scholarships (4.17 % 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
2013-14--------
2014-15--------
2015-1672 (83%)$5,413------
2016-17142 (78%)$4,843--9 (5%)$8,438--
2017-18134 (71%)$4,653--11 (6%)$8,155--
2018-19124 (51%)$4,181--4 (2%)$5,804--
2019-20133 (79%)$5,603--10 (6%)$7,591--
2020-21135 (74%)$5,782--6 (3%)$8,908--
2021-22149 (64%)$5,660--7 (3%)$8,443--
Average127 (71.43%)$5,162--8 (4.17%)$7,890--
*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, 124 (70.43 % of students) get any students loan help and its average loan amount is $124.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-1676 (87%)$6,75276 (87%)$6,752--
2016-17152 (84%)$6,517152 (84%)$6,517--
2017-18130 (68%)$6,080130 (68%)$6,080--
2018-1997 (40%)$6,10897 (40%)$6,108--
2019-20136 (80%)$6,018136 (80%)$6,018--
2020-21127 (70%)$6,128127 (70%)$6,128--
2021-22148 (64%)$6,170148 (64%)$6,170--
Average124 (70.43%)$6,253124 (70.43%)$6,253--

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