How California Institute of Arts & Technology'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 California Institute of Arts & Technology since 2017.

For that period, the average number of students who received grants aid/scholarships is 113, which is 27.40 % of all undergraduate students. 63 students which is 12.80% of undergraduate students received federal student loans and the average loan amount is $5,899.

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
2017-18	77 (12%)	$3,419	77 (12%)	$3,419	36 (5%)	$2,734
2018-19	45 (9%)	$3,459	44 (9%)	$3,379	18 (4%)	$4,874
2019-20	48 (13%)	$6,190	48 (13%)	$6,190	20 (5%)	$8,429
2020-21	231 (73%)	$3,886	38 (12%)	$6,100	50 (16%)	$7,839
2021-22	165 (30%)	$5,162	90 (16%)	$5,425	190 (34%)	$5,618
Average	113 (27.40%)	$4,423	59 (12.40%)	$4,903	63 (12.80%)	$5,899

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

Overview

For the last 6 years, on average, 38 (44.20 % of students) received grants or scholarships and its average amount is $5,183. It can cover 33.68% of tuition & fees ($15,390).

In addition, 29 (29.00 % of students) students get helped from the students loans (average amount : $6,719).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	3 (6%)	$5,920	-	-
2018-19	12 (21%)	$2,748	6 (10%)	$4,252
2019-20	9 (31%)	$7,817	4 (14%)	$10,839
2020-21	45 (68%)	$4,549	14 (21%)	$6,876
2021-22	123 (95%)	$4,881	92 (71%)	$4,909
Average	38 (44.20%)	$5,183	29 (29.00%)	$6,719

^*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 6 years, on average, 18 (23.60 % of students) received Pell (federal) grants and its average amount is $5,765.

In addition, 55 students received State/local government grants/scholarships (56.00 % 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
2017-18	3 (6%)	$5,920	-	-	-	-	-	-
2018-19	12 (21%)	$2,748	-	-	-	-	-	-
2019-20	9 (31%)	$7,817	-	-	-	-	-	-
2020-21	9 (14%)	$6,481	-	-	36 (55%)	$4,066	-	-
2021-22	59 (46%)	$5,859	-	-	73 (57%)	$3,489	-	-
Average	18 (23.60%)	$5,765	-	-	55 (56.00%)	$3,778	-	-

^*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 6 years, on average, 29 (29.00 % of students) get any students loan help and its average loan amount is $29.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	-	-	-	-	-	-
2018-19	6 (10%)	$4,252	6 (10%)	$4,252	-	-
2019-20	4 (14%)	$10,839	2 (7%)	$9,407	2 (7%)	$12,270
2020-21	14 (21%)	$6,876	11 (17%)	$6,599	3 (5%)	$7,891
2021-22	92 (71%)	$4,909	83 (64%)	$5,129	12 (9%)	$2,158
Average	29 (29.00%)	$6,719	26 (24.50%)	$6,347	6 (7.00%)	$7,440

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Scholarships, Grants, and Loan Trends at California Institute of Arts & Technology

All Undergraduate Students Financial Aid Over Time

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