Financial Aid at MMI AZ
Financial Aid Amount Received
$4,630 (15.38% of tuition)
Percent of Financial Aid Received
75% of 527 students
764 undergraduate students (78% of all students) have received grants, scholarships, and/or federal student loans at Universal Technical Institute-Phoenix. The percentage of students who received financial aid much 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 52.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $3,846 and the average loan amount is $6,918. The average financial aid amount is 15.38% of tuition & fees (tuition & fees: $30,100).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 764 | 78% | $2,937,969 | $3,846 |
| Pell Grants | 383 | 39% | $1,712,624 | $4,472 |
| Federal Students Loans | 483 | 49% | $3,341,388 | $6,918 |
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), 198 students have received one or more types of financial aid at Universal Technical Institute-Phoenix.
The average amount of federal, state, local or institutional grant aid is $4,694 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,621.
The following table shows the financial data by type of aid at Universal Technical Institute-Phoenix.
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 | 244 | 90% | - | - |
| Grant or scholarship aid | 198 | 73% | $929,343 | $4,694 |
| Federal Grants | 125 | 46% | $704,765 | $5,638 |
| Pell Grants | 122 | 45% | $597,552 | $4,898 |
| Other Federal Grants | 56 | 21% | $107,213 | $1,915 |
| State/Local Grants | 2 | 1% | $2,857 | $1,429 |
| Institutional Grants | 127 | 47% | $221,721 | $1,746 |
| Student Loans | 170 | 63% | $1,465,628 | $8,621 |
| Federal Student Loans | 169 | 62% | $1,127,348 | $6,671 |
| Other Student Loans | 39 | 14% | $338,280 | $8,674 |