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How many students are received the students loans at Detroit Business Institute Downriver?

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For the academic year 2022-2023, total 7 full-time, first-time students (100% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 125 students (91% of all students) have received federal student loans and the average loan amount is $7,878 at Detroit Business Institute-Downriver.

Below tables show the number and amount by source of financial aid at Detroit Business Institute-Downriver.
All Undergraduate Student Financial Aid at Detroit Business Institute-Downriver
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid12993%$7,410
Pell Grants11382%$4,522
Federal Student Loans12591%$7,878
Beginning Students (Freshmen) Financial Aid at Detroit Business Institute-Downriver
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid7100%-
Grants or Scholarship from All Sources7100%$8,381
Federal Grants7100%$7,754
Pell Grants571%$5,656
Other Federal Grants7100%$3,714
State/Local Grants343%$1,463
Institutional Grants00%$0
Student Loans7100%$8,589
Federal Student Loans7100%$8,589
Other Student Loans00%$0

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Detroit Business Institute-Downriver

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