Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 66, which is 63.22 % of all undergraduate students. 59 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $5,859.

For full-time, first-time beginning students (freshmen), 64.89% of students received grants or scholarships and 66% 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 Mandalyn Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 66, which is 63.22 % of all undergraduate students. 59 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $5,859.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1469 (69%)$3,72558 (58%)$3,68464 (64%)$6,896
2014-1561 (62%)$1,45852 (53%)$1,50960 (61%)$2,442
2015-1674 (64%)$3,81366 (57%)$3,58174 (64%)$7,084
2016-1759 (56%)$3,45950 (48%)$3,62162 (59%)$6,612
2017-1885 (73%)$4,45552 (45%)$4,47364 (55%)$7,361
2018-1949 (68%)$4,13034 (47%)$3,70539 (54%)$4,995
2019-2059 (60%)$3,31543 (43%)$3,60950 (51%)$5,509
2020-2158 (57%)$3,39339 (39%)$3,86645 (45%)$5,568
2021-2281 (60%)$3,64161 (46%)$4,00769 (51%)$6,267
Average66 (63.22%)$3,48851 (48.44%)$3,56259 (56.00%)$5,859
*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, 11 (64.89 % of students) received grants or scholarships and its average amount is $3,864. It can cover 22.74% of tuition & fees ($16,990).

In addition, 11 (65.78 % of students) students get helped from the students loans (average amount : $8,053).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144 (80%)$4,5835 (100%)$9,620
2014-156 (33%)$3,9509 (50%)$8,651
2015-1610 (45%)$4,47518 (82%)$8,933
2016-1712 (63%)$3,95014 (74%)$7,918
2017-1824 (86%)$4,07019 (68%)$7,844
2018-1910 (77%)$3,9246 (46%)$10,528
2019-208 (73%)$2,9637 (64%)$6,074
2020-2110 (59%)$3,4239 (53%)$6,744
2021-2215 (68%)$3,44112 (55%)$6,165
Average11 (64.89%)$3,86411 (65.78%)$8,053
*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 shows the trends of grants or scholarships over time. For the last 10 years, on average, 7 (43.78 % of students) received Pell (federal) grants and its average amount is $4,384.

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
2013-144 (80%)$4,583------
2014-156 (33%)$3,950------
2015-1610 (45%)$4,125----1 (5%)$3,500
2016-179 (47%)$4,489----4 (21%)$1,750
2017-187 (25%)$5,685----22 (79%)$2,631
2018-193 (23%)$5,096----10 (77%)$2,395
2019-205 (45%)$3,540----7 (64%)$857
2020-217 (41%)$3,997----7 (41%)$893
2021-2212 (55%)$3,989----4 (18%)$938
Average7 (43.78%)$4,384----8 (43.57%)$1,852
*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, 11 (65.78 % of students) get any students loan help and its average loan amount is $11.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-145 (100%)$9,6204 (80%)$9,5251 (20%)$10,000
2014-159 (50%)$8,6518 (44%)$8,3571 (6%)$11,000
2015-1618 (82%)$8,93315 (68%)$8,4016 (27%)$5,797
2016-1714 (74%)$7,91813 (68%)$7,3682 (11%)$7,538
2017-1819 (68%)$7,84414 (50%)$7,5395 (18%)$8,700
2018-196 (46%)$10,5282 (15%)$7,8354 (31%)$11,875
2019-207 (64%)$6,0747 (64%)$5,2461 (9%)$5,800
2020-219 (53%)$6,7449 (53%)$6,744--
2021-2212 (55%)$6,16512 (55%)$6,165--
Average11 (65.78%)$8,0539 (55.22%)$7,4643 (17.43%)$8,673

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