How FIDM LA'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 FIDM-Fashion Institute of Design & Merchandising since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,215, which is 50.33 % of all undergraduate students. 1,315 students which is 51.89% of undergraduate students received federal student loans and the average loan amount is $7,552.

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	1,360 (39%)	$7,382	1,067 (31%)	$4,246	1,971 (57%)	$7,180
2014-15	1,237 (39%)	$8,012	961 (31%)	$4,412	1,779 (57%)	$7,743
2015-16	1,264 (45%)	$8,440	847 (30%)	$4,404	1,561 (55%)	$7,980
2016-17	1,231 (50%)	$8,431	713 (29%)	$4,518	1,379 (55%)	$7,537
2017-18	1,232 (52%)	$8,489	690 (29%)	$4,797	1,277 (54%)	$8,480
2018-19	1,156 (49%)	$8,535	641 (27%)	$4,892	1,159 (50%)	$7,276
2019-20	1,178 (53%)	$10,271	606 (27%)	$4,895	982 (44%)	$7,610
2020-21	1,117 (59%)	$10,088	566 (30%)	$4,933	879 (46%)	$7,106
2021-22	1,160 (67%)	$10,648	540 (31%)	$4,681	850 (49%)	$7,057
Average	1,215 (50.33%)	$8,922	737 (29.44%)	$4,642	1,315 (51.89%)	$7,552

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

Overview

For the last 10 years, on average, 256 (62.44 % of students) received grants or scholarships and its average amount is $9,175. It can cover 26.73% of tuition & fees ($34,325).

In addition, 249 (59.11 % of students) students get helped from the students loans (average amount : $8,316).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	267 (52%)	$7,187	360 (70%)	$8,320
2014-15	233 (54%)	$7,689	300 (69%)	$8,770
2015-16	273 (58%)	$8,794	293 (63%)	$7,688
2016-17	238 (60%)	$8,303	239 (60%)	$9,286
2017-18	248 (67%)	$9,151	222 (60%)	$9,420
2018-19	299 (59%)	$8,557	280 (55%)	$8,442
2019-20	299 (72%)	$10,741	238 (57%)	$8,578
2020-21	266 (78%)	$11,045	181 (53%)	$7,163
2021-22	180 (62%)	$11,111	131 (45%)	$7,173
Average	256 (62.44%)	$9,175	249 (59.11%)	$8,316

^*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, 145 (34.56 % of students) received Pell (federal) grants and its average amount is $4,697.

In addition, 69 students received State/local government grants/scholarships (16.44 % 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	197 (38%)	$4,389	99 (19%)	$843	98 (19%)	$5,818	153 (30%)	$2,618
2014-15	174 (40%)	$4,554	96 (22%)	$831	97 (22%)	$5,350	90 (21%)	$4,449
2015-16	169 (36%)	$4,397	78 (17%)	$884	83 (18%)	$7,027	199 (43%)	$5,052
2016-17	125 (32%)	$4,677	70 (18%)	$907	60 (15%)	$5,934	178 (45%)	$5,460
2017-18	139 (37%)	$4,953	79 (21%)	$873	52 (14%)	$6,034	179 (48%)	$6,694
2018-19	161 (32%)	$5,190	91 (18%)	$961	70 (14%)	$5,543	233 (46%)	$5,354
2019-20	153 (37%)	$4,784	126 (30%)	$2,442	64 (15%)	$5,400	247 (59%)	$7,394
2020-21	118 (35%)	$4,734	92 (27%)	$2,380	66 (19%)	$5,407	241 (71%)	$7,483
2021-22	70 (24%)	$4,597	57 (20%)	$1,140	34 (12%)	$6,359	168 (58%)	$8,315
Average	145 (34.56%)	$4,697	88 (21.33%)	$1,251	69 (16.44%)	$5,875	188 (46.78%)	$5,869

^*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, 249 (59.11 % of students) get any students loan help and its average loan amount is $249.

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	360 (70%)	$8,320	357 (69%)	$6,989	20 (4%)	$24,992
2014-15	300 (69%)	$8,770	297 (68%)	$6,814	26 (6%)	$23,355
2015-16	293 (63%)	$7,688	289 (62%)	$6,533	14 (3%)	$26,034
2016-17	239 (60%)	$9,286	236 (60%)	$6,579	23 (6%)	$28,981
2017-18	222 (60%)	$9,420	219 (59%)	$7,272	20 (5%)	$24,930
2018-19	280 (55%)	$8,442	275 (54%)	$5,887	31 (6%)	$24,028
2019-20	238 (57%)	$8,578	235 (56%)	$6,031	25 (6%)	$24,967
2020-21	181 (53%)	$7,163	178 (53%)	$5,615	12 (4%)	$24,758
2021-22	131 (45%)	$7,173	120 (41%)	$5,426	11 (4%)	$26,226
Average	249 (59.11%)	$8,316	245 (58.00%)	$6,350	20 (4.89%)	$25,363

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Scholarships, Grants, and Loan Trends at FIDM LA

All Undergraduate Students Financial Aid Over Time

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