Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 385, which is 77.00 % of all undergraduate students. 424 students which is 84.80% of undergraduate students received federal student loans and the average loan amount is $7,726.

For full-time, first-time beginning students (freshmen), 78.00% of students received grants or scholarships and 88% 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 Madison Media Institute-Rockford Career College since 2013.

For that period, the average number of students who received grants aid/scholarships is 385, which is 77.00 % of all undergraduate students. 424 students which is 84.80% of undergraduate students received federal student loans and the average loan amount is $7,726.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14389 (80%)$3,664389 (80%)$3,520426 (88%)$6,195
2014-15330 (76%)$4,085328 (76%)$3,954367 (85%)$5,249
2015-16417 (81%)$4,291417 (81%)$4,102417 (81%)$11,296
2016-17459 (77%)$4,351459 (77%)$4,151532 (89%)$7,743
2017-18328 (71%)$4,762327 (70%)$4,706376 (81%)$8,145
Average385 (77.00%)$4,231384 (76.80%)$4,087424 (84.80%)$7,726
*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 6 years, on average, 46 (78.00 % of students) received grants or scholarships and its average amount is $4,410. It can cover 29.56% of tuition & fees ($14,918).

In addition, 50 (87.80 % of students) students get helped from the students loans (average amount : $7,832).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1451 (76%)$3,66953 (79%)$5,349
2014-1526 (76%)$4,23825 (74%)$8,327
2015-162 (67%)$3,3333 (100%)$9,127
2016-1784 (78%)$5,631103 (95%)$7,726
2017-1869 (93%)$5,17867 (91%)$8,630
Average46 (78.00%)$4,41050 (87.80%)$7,832
*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 6 years, on average, 46 (78.00 % of students) received Pell (federal) grants and its average amount is $4,304.

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
2013-1451 (76%)$3,58734 (51%)$122----
2014-1526 (76%)$4,13218 (53%)$153----
2015-162 (67%)$3,333------
2016-1784 (78%)$5,39964 (59%)$303----
2017-1869 (93%)$5,06823 (31%)$330----
Average46 (78.00%)$4,30435 (48.50%)$227----
*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 6 years, on average, 50 (87.80 % of students) get any students loan help and its average loan amount is $50.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1453 (79%)$5,34953 (79%)$5,2451 (1%)$5,519
2014-1525 (74%)$8,32725 (74%)$8,327--
2015-163 (100%)$9,1273 (100%)$9,127--
2016-17103 (95%)$7,726103 (95%)$7,726--
2017-1867 (91%)$8,63067 (91%)$8,5441 (1%)$5,750
Average50 (87.80%)$7,83250 (87.80%)$7,7941 (1.00%)$5,635

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