Scholarships, Grants, and Loan Trends at FIRST Institute

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 254, which is 58.13 % of all undergraduate students. 245 students which is 60.30% of undergraduate students received federal student loans and the average loan amount is $6,227.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Florida Institute of Recording Sound and Technology since 2013.
For that period, the average number of students who received grants aid/scholarships is 254, which is 58.13 % of all undergraduate students. 245 students which is 60.30% of undergraduate students received federal student loans and the average loan amount is $6,227.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----128 (50%)$2,981
2014-15----79 (31%)$3,017
2015-1665 (27%)$2,65465 (27%)$2,654111 (46%)$5,316
2016-17163 (54%)$2,926163 (54%)$2,926156 (52%)$6,355
2017-18252 (52%)$3,317252 (52%)$3,317242 (50%)$6,980
2018-19247 (47%)$4,229247 (47%)$4,229273 (52%)$4,440
2019-20199 (66%)$5,883199 (66%)$5,883238 (79%)$8,435
2020-21315 (64%)$4,439305 (62%)$4,328330 (67%)$7,924
2021-22467 (82%)$5,035404 (71%)$4,901526 (92%)$9,239
2022-23320 (73%)$4,653276 (63%)$4,688368 (84%)$7,579
Average254 (58.13%)$4,142239 (55.25%)$4,116245 (60.30%)$6,227

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

The following table shows the trends of grants or scholarships over time. For the last 11 years,
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14--------
2014-15--------
2015-16--------
2016-17--------
2017-18--------
2018-19--------
2019-20--------
2020-21--------
2021-22--------
2022-23--------
Average--------
*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..
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 11 years, on average, 28 (64.00 % of students) get any students loan help and its average loan amount is $28.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-1528 (64%)$2,69428 (64%)$2,694--
2015-16------
2016-17------
2017-18------
2018-19------
2019-20------
2020-21------
2021-22------
2022-23------
Average28 (64.00%)$2,69428 (64.00%)$2,694--
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