Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 167, which is 60.44 % of all undergraduate students. 161 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $4,465.

For full-time, first-time beginning students (freshmen), 71.44% of students received grants or scholarships and 68% 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 Medical Institute of Palm Beach since 2013.

For that period, the average number of students who received grants aid/scholarships is 167, which is 60.44 % of all undergraduate students. 161 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $4,465.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14149 (100%)$2,461149 (100%)$2,461149 (100%)$4,312
2014-15104 (57%)$3,072104 (57%)$3,072104 (57%)$5,249
2015-16240 (63%)$2,771240 (63%)$2,771240 (63%)$4,785
2016-17215 (60%)$1,939215 (60%)$1,939215 (60%)$3,108
2017-18173 (59%)$2,259173 (59%)$2,259173 (59%)$3,778
2018-19188 (65%)$2,859188 (65%)$2,859188 (65%)$3,281
2019-20150 (72%)$3,665140 (67%)$3,927121 (58%)$5,130
2020-21142 (32%)$3,475142 (32%)$3,475123 (28%)$4,792
2021-22145 (36%)$4,614145 (36%)$4,614140 (35%)$5,746
Average167 (60.44%)$3,013166 (59.89%)$3,042161 (58.33%)$4,465
*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, 132 (71.44 % of students) received grants or scholarships and its average amount is $2,995. It can cover 11.98% of tuition & fees ($25,000).

In addition, 127 (67.89 % of students) students get helped from the students loans (average amount : $4,336).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14141 (100%)$2,461141 (100%)$4,305
2014-15104 (64%)$3,072104 (64%)$5,249
2015-16240 (78%)$2,217240 (78%)$3,828
2016-17205 (73%)$2,033205 (73%)$3,259
2017-18159 (92%)$2,259150 (87%)$3,338
2018-19152 (84%)$2,259145 (80%)$3,338
2019-2076 (67%)$3,87163 (56%)$5,195
2020-2153 (24%)$3,82540 (18%)$4,333
2021-2257 (61%)$4,95452 (55%)$6,180
Average132 (71.44%)$2,995127 (67.89%)$4,336
*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, 132 (71.44 % of students) received Pell (federal) grants and its average amount is $2,995.

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
2013-14141 (100%)$2,461------
2014-15104 (64%)$3,072------
2015-16240 (78%)$2,217------
2016-17205 (73%)$2,033------
2017-18159 (92%)$2,259------
2018-19152 (84%)$2,259------
2019-2076 (67%)$3,871------
2020-2153 (24%)$3,825------
2021-2257 (61%)$4,954------
Average132 (71.44%)$2,995------
*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, 127 (67.89 % of students) get any students loan help and its average loan amount is $127.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14141 (100%)$4,305141 (100%)$4,305--
2014-15104 (64%)$5,249104 (64%)$5,249--
2015-16240 (78%)$3,828240 (78%)$3,828--
2016-17205 (73%)$3,259205 (73%)$3,259--
2017-18150 (87%)$3,338150 (87%)$3,338--
2018-19145 (80%)$3,338145 (80%)$3,338--
2019-2063 (56%)$5,19563 (56%)$5,195--
2020-2140 (18%)$4,33340 (18%)$4,333--
2021-2252 (55%)$6,18052 (55%)$6,180--
Average127 (67.89%)$4,336127 (67.89%)$4,336--

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