Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 757, which is 95.22 % of all undergraduate students.

For full-time, first-time beginning students (freshmen), 95.78% of students received grants or scholarships and 0% 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 Summit Academy Opportunities Industrialization Center since 2013.

For that period, the average number of students who received grants aid/scholarships is 757, which is 95.22 % of all undergraduate students.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14573 (87%)$4,005422 (64%)$2,922--
2014-15438 (72%)$5,184286 (47%)$3,477--
2015-16634 (100%)$4,024275 (43%)$3,081--
2016-17885 (100%)$4,668477 (54%)$3,125--
2017-18876 (100%)$5,849504 (58%)$3,556--
2018-19871 (100%)$5,996513 (59%)$3,615--
2019-20939 (100%)$6,537553 (59%)$3,357--
2020-21711 (100%)$5,469421 (59%)$2,904--
2021-22890 (98%)$5,569509 (56%)$2,984--
Average757 (95.22%)$5,256440 (55.44%)$3,225--
*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, 464 (95.78 % of students) received grants or scholarships and its average amount is $5,287. It can cover 71.35% of tuition & fees ($7,410).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14389 (88%)$5,276--
2014-15143 (74%)$5,160--
2015-16212 (100%)$4,256--
2016-17507 (100%)$4,651--
2017-18461 (100%)$5,839--
2018-19500 (100%)$5,832--
2019-20768 (100%)$5,542--
2020-21513 (100%)$5,489--
2021-22680 (100%)$5,536--
Average464 (95.78%)$5,287--
*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, 298 (61.56 % of students) received Pell (federal) grants and its average amount is $3,291.

In addition, 280 students received State/local government grants/scholarships (56.44 % 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
2013-14339 (77%)$3,138339 (77%)$88293 (66%)$714387 (88%)$1,937
2014-15108 (56%)$3,551106 (55%)$15288 (46%)$824129 (67%)$2,060
2015-1694 (44%)$3,20593 (44%)$15777 (36%)$983212 (100%)$2,409
2016-17299 (59%)$3,128299 (59%)$85267 (53%)$1,155499 (98%)$2,183
2017-18310 (67%)$3,643291 (63%)$109292 (63%)$1,285460 (100%)$2,511
2018-19329 (66%)$3,608318 (64%)$88321 (64%)$1,498499 (100%)$2,445
2019-20465 (61%)$3,372460 (60%)$96462 (60%)$1,430688 (90%)$2,884
2020-21324 (63%)$2,965324 (63%)$81307 (60%)$1,315498 (97%)$2,862
2021-22416 (61%)$3,008403 (59%)$77410 (60%)$1,330671 (99%)$2,887
Average298 (61.56%)$3,291293 (60.44%)$104280 (56.44%)$1,170449 (93.22%)$2,464
*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.

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