Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,902, which is 78.89 % of all undergraduate students. 1,644 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $9,069.

For full-time, first-time beginning students (freshmen), 58.00% of students received grants or scholarships and 73% 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 Gurnick Academy of Medical Arts since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,902, which is 78.89 % of all undergraduate students. 1,644 students which is 65.33% of undergraduate students received federal student loans and the average loan amount is $9,069.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,162 (73%)$2,801796 (50%)$3,630853 (54%)$9,629
2014-151,238 (89%)$3,045876 (63%)$3,801886 (63%)$9,755
2015-161,393 (88%)$2,917945 (60%)$3,853958 (61%)$9,880
2016-171,649 (93%)$2,8651,066 (60%)$3,8961,163 (66%)$9,376
2017-181,985 (88%)$3,4121,387 (62%)$4,3981,762 (78%)$8,568
2018-192,017 (70%)$3,6661,478 (51%)$4,6281,984 (69%)$8,392
2019-202,644 (78%)$3,3201,728 (51%)$4,5692,330 (69%)$8,326
2020-212,420 (64%)$3,7171,855 (49%)$4,3832,425 (65%)$8,649
2021-222,607 (67%)$3,5021,808 (47%)$4,5422,432 (63%)$9,049
Average1,902 (78.89%)$3,2491,327 (54.78%)$4,1891,644 (65.33%)$9,069
*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, 135 (58.00 % of students) received grants or scholarships and its average amount is $4,910. It can cover 13.60% of tuition & fees ($36,110).

In addition, 166 (72.89 % of students) students get helped from the students loans (average amount : $10,071).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1488 (63%)$5,044122 (88%)$9,402
2014-1576 (72%)$5,03886 (81%)$10,555
2015-1675 (69%)$4,79396 (89%)$10,053
2016-17114 (66%)$5,230151 (88%)$8,898
2017-18149 (65%)$5,118195 (85%)$9,585
2018-19168 (67%)$5,292213 (85%)$10,507
2019-20178 (41%)$4,581251 (57%)$8,177
2020-21145 (31%)$4,563172 (37%)$12,023
2021-22221 (48%)$4,529211 (46%)$11,439
Average135 (58.00%)$4,910166 (72.89%)$10,071
*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, 135 (58.00 % of students) received Pell (federal) grants and its average amount is $4,618.

In addition, 8 students received State/local government grants/scholarships (5.13 % 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
2013-1488 (63%)$4,56440 (29%)$32011 (8%)$2,676--
2014-1576 (72%)$4,66128 (26%)$3099 (8%)$2,216--
2015-1675 (69%)$4,55721 (19%)$3056 (6%)$1,881--
2016-17114 (66%)$4,87163 (37%)$27210 (6%)$2,2622 (1%)$639
2017-18149 (65%)$4,78050 (22%)$43812 (5%)$2,1035 (2%)$654
2018-19168 (67%)$4,98159 (24%)$42712 (5%)$2,265--
2019-20178 (41%)$4,38269 (16%)$4353 (1%)$1,802--
2020-21145 (31%)$4,44839 (8%)$3941 (0%)$1,380--
2021-22219 (48%)$4,32197 (21%)$4067 (2%)$2,190--
Average135 (58.00%)$4,61852 (22.44%)$3678 (5.13%)$2,0864 (1.50%)$647
*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, 166 (72.89 % of students) get any students loan help and its average loan amount is $166.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14122 (88%)$9,402122 (88%)$8,27013 (9%)$10,623
2014-1586 (81%)$10,55586 (81%)$8,49612 (11%)$14,755
2015-1696 (89%)$10,05396 (89%)$8,24714 (13%)$12,385
2016-17151 (88%)$8,898151 (88%)$7,51914 (8%)$14,877
2017-18195 (85%)$9,585195 (85%)$7,84325 (11%)$13,592
2018-19213 (85%)$10,507213 (85%)$8,05236 (14%)$14,525
2019-20251 (57%)$8,177251 (57%)$6,46038 (9%)$11,343
2020-21172 (37%)$12,023172 (37%)$8,21245 (10%)$14,567
2021-22211 (46%)$11,439211 (46%)$7,64586 (19%)$9,308
Average166 (72.89%)$10,071166 (72.89%)$7,86031 (11.56%)$12,886

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