Financial Aid at MMI AZ
Financial Aid Amount Received
$4,313 (11.82% of tuition)
Percent of Financial Aid Received
78% of 658 students
960 undergraduate students (78% of all students) have received grants, scholarships, and/or federal student loans at Universal Technical Institute of Arizona Inc-Motorcycle Mechanics Institute Division. The percentage of students who received financial aid extremely higher compared to Private (for-profit), 2-4 Years Colleges in Arizona.
Compared to similar schools in rankings such as Empire Beauty School-Tucson and Arizona Academy of Beauty, the percentage of students who received financial aid is much higher (the average of the schools is 56.67%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,313 and the average loan amount is $6,819. The average financial aid amount is 11.82% of tuition & fees (tuition & fees: $36,500).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 960 | 78% | $4,140,662 | $4,313 |
| Pell Grants | 558 | 45% | $2,406,053 | $4,312 |
| Federal Students Loans | 703 | 57% | $4,794,107 | $6,819 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 300 students have received one or more types of financial aid at Universal Technical Institute of Arizona Inc-Motorcycle Mechanics Institute Division.
The average amount of federal, state, local or institutional grant aid is $5,405 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,830.
The following table shows the financial data by type of aid at Universal Technical Institute of Arizona Inc-Motorcycle Mechanics Institute Division.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 369 | 92% | - | - |
| Grant or scholarship aid | 300 | 75% | $1,621,429 | $5,405 |
| Federal Grants | 225 | 56% | $1,420,674 | $6,314 |
| Pell Grants | 211 | 53% | $1,059,524 | $5,021 |
| Other Federal Grants | 200 | 50% | $361,150 | $1,806 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 140 | 35% | $200,755 | $1,434 |
| Student Loans | 283 | 71% | $2,498,809 | $8,830 |
| Federal Student Loans | 283 | 71% | $2,071,248 | $7,319 |
| Other Student Loans | 52 | 13% | $427,561 | $8,222 |