Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 16,444, which is 81.33 % of all undergraduate students. 16,085 students which is 68.44% of undergraduate students received federal student loans and the average loan amount is $5,511.

For full-time, first-time beginning students (freshmen), 84.78% of students received grants or scholarships and 75% 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 Ultimate Medical Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 16,444, which is 81.33 % of all undergraduate students. 16,085 students which is 68.44% of undergraduate students received federal student loans and the average loan amount is $5,511.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14379 (64%)$3,536374 (63%)$3,55580 (14%)$4,839
2014-15368 (71%)$3,606362 (70%)$3,65171 (14%)$5,203
2015-16378 (71%)$5,433365 (69%)$4,984366 (69%)$6,471
2016-1724,333 (91%)$6,00923,451 (88%)$5,69125,034 (94%)$6,643
2017-1826,920 (91%)$6,61125,838 (88%)$5,91826,753 (91%)$6,931
2018-1924,997 (91%)$6,20324,009 (87%)$6,08925,919 (94%)$6,705
2019-2027,367 (94%)$7,28127,050 (93%)$6,19425,033 (86%)$7,643
2020-2122,805 (81%)$6,01321,867 (78%)$5,81721,800 (78%)$2,449
2021-2220,453 (78%)$5,80619,714 (76%)$5,70819,710 (76%)$2,718
Average16,444 (81.33%)$5,61115,892 (79.11%)$5,29016,085 (68.44%)$5,511
*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, 10,454 (84.78 % of students) received grants or scholarships and its average amount is $5,493. It can cover 18.36% of tuition & fees ($29,925).

In addition, 10,699 (75.44 % of students) students get helped from the students loans (average amount : $5,205).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14368 (64%)$3,540130 (23%)$3,703
2014-15354 (71%)$3,655122 (24%)$3,905
2015-16351 (86%)$5,630354 (86%)$7,144
2016-1722,148 (92%)$6,11123,181 (96%)$6,982
2017-1823,837 (93%)$5,99824,789 (96%)$7,173
2018-1922,059 (91%)$5,98623,632 (97%)$6,963
2019-208,448 (99%)$6,0878,327 (98%)$5,840
2020-218,804 (88%)$6,0688,379 (83%)$2,427
2021-227,718 (79%)$6,3607,374 (76%)$2,706
Average10,454 (84.78%)$5,49310,699 (75.44%)$5,205
*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, 10,128 (82.22 % of students) received Pell (federal) grants and its average amount is $5,383.

In addition, 16 students received State/local government grants/scholarships (1.00 % 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
2013-14363 (63%)$3,56028 (5%)$1323 (1%)$1,6671 (0%)$1,625
2014-15349 (70%)$3,68024 (5%)$1293 (1%)$1,6671 (0%)$1,625
2015-16341 (83%)$5,12449 (12%)$1,155--65 (16%)$2,652
2016-1721,520 (89%)$5,813459 (2%)$5518 (0%)$2,0674,300 (18%)$2,321
2017-1823,220 (90%)$5,868641 (2%)$5794 (0%)$1,9213,254 (13%)$1,953
2018-1921,170 (87%)$6,090477 (2%)$58921 (0%)$9721,952 (8%)$1,445
2019-208,262 (97%)$6,195186 (2%)$1,0423 (0%)$1,30028 (0%)$1,611
2020-218,457 (84%)$5,87678 (1%)$71178 (1%)$1072,255 (22%)$1,627
2021-227,471 (77%)$6,23954 (1%)$1,0818 (0%)$1,0491,744 (18%)$1,380
Average10,128 (82.22%)$5,383222 (3.56%)$66316 (1.00%)$1,3441,511 (15.83%)$1,804
*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, 10,699 (75.44 % of students) get any students loan help and its average loan amount is $10,699.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14130 (23%)$3,70377 (13%)$4,82962 (11%)$1,767
2014-15122 (24%)$3,90565 (13%)$5,67257 (11%)$1,890
2015-16354 (86%)$7,144340 (83%)$6,61782 (20%)$3,405
2016-1723,181 (96%)$6,98223,092 (96%)$6,8152,692 (11%)$1,658
2017-1824,789 (96%)$7,17324,704 (96%)$7,0572,326 (9%)$1,491
2018-1923,632 (97%)$6,96323,552 (97%)$6,8611,965 (8%)$1,513
2019-208,327 (98%)$5,8408,153 (96%)$5,900174 (2%)$2,997
2020-218,379 (83%)$2,4278,379 (83%)$2,427--
2021-227,374 (76%)$2,7067,374 (76%)$2,706--
Average10,699 (75.44%)$5,20510,637 (72.56%)$5,4321,051 (10.29%)$2,103

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