Number Received Financial Aid (All Undergraduate)
141
Percent Received Financial Aid(All Undergraduate)
89%
Average Aid Amount
$6,948
Number Received Financial Aid (Freshmen)
6
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Detroit Business Institute-Downriver
For the academic year 2023-2024, a total of 141 students (89% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,948. For freshmen (Full-time, first-time degree-seeking undergraduate students), 6 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Detroit Business Institute-Downriver is $30,816, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 141 students (89% of all students) have received grants or scholarships and the average received aid amount is $6,948. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Detroit Business Institute-Downriver for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 141 | 89% | $6,948 |
| Pell Grants | 137 | 86% | $4,991 |
| Federal Student Loans | 142 | 89% | $7,049 |
Beginning Students Financial Aid
a total of 6 beginning students (100% of all freshmen) have received any financial aid and 6 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Detroit Business Institute-Downriver.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 6 | 100% | - |
| Grants or Scholarship from All Sources | 5 | 83% | $8,273 |
| Federal Grants | 5 | 83% | $7,916 |
| Pell Grants | 5 | 83% | $5,516 |
| Other Federal Grants | 5 | 83% | $2,400 |
| State/Local Grants | 3 | 50% | $595 |
| Institutional Grants | 0 | 0% | - |
| Student Loans | 6 | 100% | $6,078 |
| Federal Student Loans | 6 | 100% | $6,078 |
| Other Student Loans | 0 | 0% | - |
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