For the academic year 2022-2023, total 7 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 129 students (93% of all students) received grants or scholarships and the average grant amount is $7,410. In addition, 125 students received student loans and the average loan amount is $7,878.
Below tables show the number and amount by source of financial aid at Detroit Business Institute-Downriver.
For all undergraduate students, total 129 students (93% of all students) received grants or scholarships and the average grant amount is $7,410. In addition, 125 students received student loans and the average loan amount is $7,878.
Below tables show the number and amount by source of financial aid at Detroit Business Institute-Downriver.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 129 | 93% | $7,410 |
| Pell Grants | 113 | 82% | $4,522 |
| Federal Student Loans | 125 | 91% | $7,878 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 7 | 100% | - |
| Grants or Scholarship from All Sources | 7 | 100% | $8,381 |
| Federal Grants | 7 | 100% | $7,754 |
| Pell Grants | 5 | 71% | $5,656 |
| Other Federal Grants | 7 | 100% | $3,714 |
| State/Local Grants | 3 | 43% | $1,463 |
| Institutional Grants | 0 | 0% | $0 |
| Student Loans | 7 | 100% | $8,589 |
| Federal Student Loans | 7 | 100% | $8,589 |
| Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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