Pima Medical Institute (PMI) Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$4.099M
Financial Aid Official Website
https://pmi.edu/admissions/financial-aid
As many as 97% of the students at PMIA get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,213,086 in a year. The total percentage of candidates applying to Pima Medical Institute-Albuquerque who receive the Federal Grant is 81%. Meanwhile, 83% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 81% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,242, while the same comes to $7,789 for State Grant receivers and $969 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,165. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 81% of the applicants to Pima Medical Institute-Albuquerque opt for student loans.
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