$5,525

Avg. Federal Grant

$9,592

Avg. Federal Loan

$583,567

Total Aid Awarded

Aviation Institute of Maintenance Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$583.567K

Financial Aid Official Website

www.aviationmaintenance.edu

Notably, 91% of the students at Aviation Institute of Maintenance get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,398,801. Notably, a total of 75% of the applicants to Aviation Institute of Maintenance receive the Federal Grant every year. On the other hand, 75% of the candidates get the Student Grant, while 75% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,207. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At AIM, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

N/A

Institution Grant Aid

6%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$5,525

State Grant Aid

N/A

Institution Grant Aid

$1,682

Pell Grant

$5,288

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,098

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Aviation Institute of Maintenance

Average Loan Amount Average Loan Amount received per year.

$9,592/Year

Students Taking Out Loans

76%

Loan Default Rate

18.5%

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