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What is the average grants amount at Formations Institute?

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For the academic year 2022-2023, total 11 full-time, first-time students (79% of all freshmen) awarded grants or scholarships (federal, state, local, institutional, or any other source). For all undergraduate students, total 32 students (86% of all students) have received one or more grants or scholarships at Formations Institute.

Below tables show the number and amount by source of financial aid at Formations Institute.
All Undergraduate Student Financial Aid at Formations Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3286%$4,107
Pell Grants3184%$3,981
Federal Student Loans2670%$4,710
Beginning Students (Freshmen) Financial Aid at Formations Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1286%-
Grants or Scholarship from All Sources1179%$4,206
Federal Grants1179%$4,115
Pell Grants1179%$4,115
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants17%$1,000
Student Loans964%$3,445
Federal Student Loans964%$3,445
Other Student Loans00%$0

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