For the academic year 2022-2023, total 9 full-time, first-time students (64% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 26 students (70% of all students) have received federal student loans and the average loan amount is $4,710 at Formations Institute.
Below tables show the number and amount by source of financial aid at Formations Institute.
Below tables show the number and amount by source of financial aid at Formations Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 32 | 86% | $4,107 |
| Pell Grants | 31 | 84% | $3,981 |
| Federal Student Loans | 26 | 70% | $4,710 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 12 | 86% | - |
| Grants or Scholarship from All Sources | 11 | 79% | $4,206 |
| Federal Grants | 11 | 79% | $4,115 |
| Pell Grants | 11 | 79% | $4,115 |
| Other Federal Grants | 0 | 0% | $0 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 1 | 7% | $1,000 |
| Student Loans | 9 | 64% | $3,445 |
| Federal Student Loans | 9 | 64% | $3,445 |
| Other Student Loans | 0 | 0% | $0 |
Know more about Formations Institute
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- How many students are received any financial aid at Formations Institute?
- How many students are received the grants or scholarships at Formations Institute?
- How many students are received the students loans at Formations Institute?
- What is the average financial aid amount at Formations Institute?
- What is the average loan amount at Formations Institute?
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