Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 9, which is 61.33 % of all undergraduate students. 8 students which is 40.50% of undergraduate students received federal student loans and the average loan amount is $11,977.

For full-time, first-time beginning students (freshmen), 79.00% of students received grants or scholarships and 42% 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 Great Lakes Boat Building School since 2019.

For that period, the average number of students who received grants aid/scholarships is 9, which is 61.33 % of all undergraduate students. 8 students which is 40.50% of undergraduate students received federal student loans and the average loan amount is $11,977.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2019-206 (75%)$3,3501 (13%)$3,098--
2020-2110 (50%)$7,2806 (30%)$8,7428 (40%)$11,609
2021-2210 (59%)$14,1986 (35%)$7,1057 (41%)$12,345
Average9 (61.33%)$8,2764 (26.00%)$6,3158 (40.50%)$11,977
*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 4 years, on average, 3 (79.00 % of students) received grants or scholarships and its average amount is $5,637. It can cover 22.80% of tuition & fees ($24,717).

In addition, 3 (41.50 % of students) students get helped from the students loans (average amount : $12,600).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2019-202 (100%)$1,600--
2020-214 (80%)$8,3132 (40%)$12,450
2021-224 (57%)$6,9973 (43%)$12,750
Average3 (79.00%)$5,6373 (41.50%)$12,600
*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 4 years, on average, 3 (44.50 % of students) received Pell (federal) grants and its average amount is $5,555.

In addition, 3 students received State/local government grants/scholarships (43.00 % 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
2019-20------2 (100%)$1,600
2020-213 (60%)$8,192----3 (60%)$2,892
2021-222 (29%)$2,9181 (14%)$1,2523 (43%)$2,3003 (43%)$4,667
Average3 (44.50%)$5,5551 (14.00%)$1,2523 (43.00%)$2,3003 (67.67%)$3,053
*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 4 years, on average, 3 (41.50 % of students) get any students loan help and its average loan amount is $3.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2019-20------
2020-212 (40%)$12,4502 (40%)$12,450--
2021-223 (43%)$12,7503 (43%)$12,750--
Average3 (41.50%)$12,6003 (41.50%)$12,600--

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