Number Received Financial Aid (All Undergraduate)
129
Percent Received Financial Aid(All Undergraduate)
93%
Average Aid Amount
$7,410
Number Received Financial Aid (Freshmen)
7
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Detroit Business Institute-Downriver
For the academic year 2021-2022, a total of 129 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $7,410. For freshmen (Full-time, first-time degree-seeking undergraduate students), 7 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Detroit Business Institute-Downriver is $29,970, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 129 students (93% of all students) have received grants or scholarships and the average received aid amount is $7,410. 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 | 129 | 93% | $7,410 |
| Pell Grants | 113 | 82% | $4,522 |
| Federal Student Loans | 125 | 91% | $7,878 |
Beginning Students Financial Aid
a total of 7 beginning students (100% of all freshmen) have received any financial aid and 7 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 | 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 |
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