Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 51, which is 41.89 % of all undergraduate students. 54 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $7,613.

For full-time, first-time beginning students (freshmen), 49.89% of students received grants or scholarships and 57% 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 Elite Welding Academy LLC since 2013.

For that period, the average number of students who received grants aid/scholarships is 51, which is 41.89 % of all undergraduate students. 54 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $7,613.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (15%)$4,2487 (15%)$4,24613 (28%)$8,155
2014-1561 (69%)$5,68759 (66%)$4,59750 (56%)$7,135
2015-1690 (66%)$5,12180 (58%)$3,75085 (62%)$6,500
2016-1767 (45%)$5,56659 (40%)$4,82172 (48%)$7,592
2017-1839 (29%)$5,11438 (29%)$4,85750 (38%)$7,605
2018-1954 (35%)$5,95644 (29%)$4,99358 (38%)$7,838
2019-2048 (48%)$5,80646 (46%)$5,30252 (52%)$8,247
2020-2155 (40%)$6,32249 (35%)$5,48562 (45%)$8,094
2021-2241 (30%)$7,77434 (25%)$5,77247 (35%)$7,348
Average51 (41.89%)$5,73346 (38.11%)$4,86954 (44.67%)$7,613
*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, 34 (49.89 % of students) received grants or scholarships and its average amount is $5,649. It can cover 44.14% of tuition & fees ($12,800).

In addition, 39 (56.78 % of students) students get helped from the students loans (average amount : $7,133).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (16%)$4,24613 (29%)$8,155
2014-1554 (76%)$5,55744 (62%)$6,822
2015-1680 (64%)$4,69475 (60%)$7,200
2016-1767 (48%)$4,96972 (51%)$7,592
2017-1831 (31%)$4,80746 (46%)$6,500
2018-1936 (43%)$6,16048 (57%)$8,626
2019-2010 (56%)$6,35615 (83%)$6,833
2020-216 (75%)$6,0785 (63%)$6,300
2021-2219 (40%)$7,97829 (60%)$6,172
Average34 (49.89%)$5,64939 (56.78%)$7,133
*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, 32 (46.78 % of students) received Pell (federal) grants and its average amount is $4,947.

In addition, 5 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
2013-147 (16%)$4,246------
2014-1552 (73%)$4,639--7 (10%)$8,410--
2015-1673 (58%)$4,041--7 (6%)$9,5002 (2%)$7,000
2016-1759 (42%)$4,143--8 (6%)$11,055--
2017-1830 (30%)$4,471--1 (1%)$14,890--
2018-1932 (38%)$5,039--6 (7%)$7,3013 (4%)$5,568
2019-2010 (56%)$5,990--1 (6%)$3,659--
2020-216 (75%)$6,037----1 (13%)$250
2021-2216 (33%)$5,914--6 (13%)$9,493--
Average32 (46.78%)$4,947--5 (7.00%)$9,1872 (6.33%)$4,273
*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, 39 (56.78 % of students) get any students loan help and its average loan amount is $39.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (29%)$8,15513 (29%)$8,155--
2014-1544 (62%)$6,82244 (62%)$6,822--
2015-1675 (60%)$7,20075 (60%)$7,200--
2016-1772 (51%)$7,59272 (51%)$7,592--
2017-1846 (46%)$6,50046 (46%)$6,500--
2018-1948 (57%)$8,62644 (52%)$7,6734 (5%)$19,105
2019-2015 (83%)$6,83315 (83%)$6,833--
2020-215 (63%)$6,3005 (63%)$6,300--
2021-2229 (60%)$6,17229 (60%)$6,172--
Average39 (56.78%)$7,13338 (56.22%)$7,0274 (5.00%)$19,105

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