How Academy of Art's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Academy of Art University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,962, which is 51.44 % of all undergraduate students. 3,893 students which is 49.00% of undergraduate students received federal student loans and the average loan amount is $7,422.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	4,966 (47%)	$6,792	4,212 (40%)	$3,387	5,805 (55%)	$7,677
2014-15	4,603 (46%)	$7,221	3,878 (39%)	$3,380	5,162 (51%)	$7,402
2015-16	4,008 (44%)	$7,922	3,314 (36%)	$3,488	4,429 (49%)	$7,314
2016-17	3,783 (46%)	$8,248	3,004 (36%)	$3,416	3,917 (47%)	$7,277
2017-18	3,634 (47%)	$9,085	2,772 (36%)	$3,738	3,509 (46%)	$7,171
2018-19	3,546 (50%)	$9,828	2,527 (36%)	$3,877	3,331 (47%)	$6,833
2019-20	3,886 (58%)	$9,866	2,567 (38%)	$3,952	3,230 (48%)	$8,378
2020-21	3,885 (63%)	$10,481	2,461 (40%)	$3,968	3,024 (49%)	$7,237
2021-22	3,350 (62%)	$11,449	2,247 (42%)	$4,151	2,630 (49%)	$7,513
Average	3,962 (51.44%)	$8,988	2,998 (38.11%)	$3,706	3,893 (49.00%)	$7,422

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 231 (51.67 % of students) received grants or scholarships and its average amount is $8,813. It can cover 31.45% of tuition & fees ($28,024).

In addition, 229 (48.56 % of students) students get helped from the students loans (average amount : $7,277).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	262 (39%)	$7,023	331 (50%)	$7,220
2014-15	243 (35%)	$7,844	295 (42%)	$6,734
2015-16	206 (34%)	$8,417	265 (44%)	$7,346
2016-17	256 (41%)	$8,322	265 (43%)	$7,029
2017-18	255 (53%)	$10,098	221 (46%)	$6,528
2018-19	167 (49%)	$10,268	138 (41%)	$7,591
2019-20	283 (64%)	$8,628	223 (51%)	$8,483
2020-21	206 (80%)	$9,848	141 (55%)	$7,026
2021-22	198 (70%)	$8,868	182 (65%)	$7,539
Average	231 (51.67%)	$8,813	229 (48.56%)	$7,277

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 155 (33.44 % of students) received Pell (federal) grants and its average amount is $4,853.

In addition, 41 students received State/local government grants/scholarships (9.11 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	210 (31%)	$4,443	92 (14%)	$269	41 (6%)	$4,820	84 (13%)	$8,152
2014-15	183 (26%)	$4,253	43 (6%)	$544	34 (5%)	$4,643	97 (14%)	$9,758
2015-16	158 (26%)	$4,511	67 (11%)	$640	32 (5%)	$4,709	76 (13%)	$10,889
2016-17	175 (28%)	$4,644	71 (11%)	$549	53 (9%)	$5,853	117 (19%)	$8,278
2017-18	166 (34%)	$5,185	90 (19%)	$557	57 (12%)	$5,211	165 (34%)	$8,286
2018-19	103 (30%)	$5,236	63 (19%)	$571	42 (12%)	$4,431	110 (33%)	$8,666
2019-20	148 (34%)	$5,030	147 (33%)	$713	53 (12%)	$5,237	217 (49%)	$6,059
2020-21	119 (46%)	$5,133	116 (45%)	$1,462	29 (11%)	$6,469	155 (60%)	$6,843
2021-22	130 (46%)	$5,238	129 (46%)	$1,403	29 (10%)	$4,918	147 (52%)	$5,111
Average	155 (33.44%)	$4,853	91 (22.67%)	$745	41 (9.11%)	$5,143	130 (31.89%)	$8,005

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 229 (48.56 % of students) get any students loan help and its average loan amount is $229.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	331 (50%)	$7,220	329 (49%)	$5,759	27 (4%)	$18,344
2014-15	295 (42%)	$6,734	294 (42%)	$5,668	16 (2%)	$20,007
2015-16	265 (44%)	$7,346	264 (43%)	$5,702	22 (4%)	$20,060
2016-17	265 (43%)	$7,029	265 (43%)	$5,549	23 (4%)	$17,058
2017-18	221 (46%)	$6,528	219 (45%)	$5,485	13 (3%)	$18,574
2018-19	138 (41%)	$7,591	138 (41%)	$5,225	14 (4%)	$23,318
2019-20	223 (51%)	$8,483	223 (51%)	$6,112	21 (5%)	$25,172
2020-21	141 (55%)	$7,026	140 (54%)	$5,958	5 (2%)	$31,298
2021-22	182 (65%)	$7,539	178 (63%)	$5,720	16 (6%)	$22,122
Average	229 (48.56%)	$7,277	228 (47.89%)	$5,686	17 (3.78%)	$21,773

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Scholarships, Grants, and Loan Trends at Academy of Art

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time