Scholarships, Grants, and Loan Trends at American College of the Building Arts

Over the past 5 years (2018-2022), the average number of students who received grants aid/scholarships is 55, which is 58.00 % of all undergraduate students. 33 students which is 31.75% of undergraduate students received federal student loans and the average loan amount is $8,538.

For full-time, first-time beginning students (freshmen), 54.00% of students received grants or scholarships and 37% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at American College of the Building Arts since 2018.

For that period, the average number of students who received grants aid/scholarships is 55, which is 58.00 % of all undergraduate students. 33 students which is 31.75% of undergraduate students received federal student loans and the average loan amount is $8,538.

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
2018-19	38 (52%)	$7,270	3 (4%)	$2,390	1 (1%)	$9,402
2019-20	63 (67%)	$4,321	8 (9%)	$4,808	49 (52%)	$7,610
2020-21	58 (62%)	$5,636	17 (18%)	$5,398	32 (34%)	$9,249
2021-22	62 (51%)	$4,921	25 (21%)	$5,291	48 (40%)	$7,891
Average	55 (58.00%)	$5,537	13 (13.00%)	$4,472	33 (31.75%)	$8,538

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

Overview

For the last 5 years, on average, 15 (54.00 % of students) received grants or scholarships and its average amount is $6,294. It can cover 30.60% of tuition & fees ($20,572).

In addition, 11 (36.50 % of students) students get helped from the students loans (average amount : $8,772).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2018-19	14 (54%)	$8,084	14 (54%)	$12,862
2019-20	30 (83%)	$5,430	18 (50%)	$10,943
2020-21	4 (36%)	$5,211	1 (9%)	$5,444
2021-22	13 (43%)	$6,452	10 (33%)	$5,839
Average	15 (54.00%)	$6,294	11 (36.50%)	$8,772

^*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 5 years, on average, 4 (14.75 % of students) received Pell (federal) grants and its average amount is $4,688.

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
2018-19	2 (8%)	$2,061	-	-	-	-	13 (50%)	$8,389
2019-20	8 (22%)	$4,808	-	-	-	-	28 (78%)	$4,444
2020-21	1 (9%)	$6,345	-	-	-	-	4 (36%)	$3,625
2021-22	6 (20%)	$5,537	4 (13%)	$788	-	-	12 (40%)	$3,958
Average	4 (14.75%)	$4,688	4 (13.00%)	$788	-	-	14 (51.00%)	$5,104

^*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 5 years, on average, 11 (36.50 % of students) get any students loan help and its average loan amount is $11.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2018-19	14 (54%)	$12,862	-	-	14 (54%)	$12,862
2019-20	18 (50%)	$10,943	18 (50%)	$6,832	4 (11%)	$18,500
2020-21	1 (9%)	$5,444	1 (9%)	$5,444	-	-
2021-22	10 (33%)	$5,839	10 (33%)	$5,839	-	-
Average	11 (36.50%)	$8,772	10 (30.67%)	$6,038	9 (32.50%)	$15,681

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