Scholarships, Grants, and Loan Trends at Los Angeles Academy of Figurative Art

Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 5, which is 49.50 % of all undergraduate students. 3 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $6,873.
For full-time, first-time beginning students (freshmen), 33.00% of students received grants or scholarships and 67% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Los Angeles Academy of Figurative Art since 2016.
For that period, the average number of students who received grants aid/scholarships is 5, which is 49.50 % of all undergraduate students. 3 students which is 38.67% of undergraduate students received federal student loans and the average loan amount is $6,873.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-176 (27%)$2,7313 (14%)$4,2233 (14%)$3,957
2017-184 (29%)$12,3653 (21%)$4,4902 (14%)$7,426
2018-196 (43%)$4,2606 (43%)$3,1875 (36%)$7,622
2019-206 (100%)$4,1823 (50%)$2,9303 (50%)$7,756
2020-213 (60%)$7,7473 (60%)$6,0814 (80%)$9,403
2021-223 (38%)$7,1213 (38%)$4,8713 (38%)$5,073
Average5 (49.50%)$6,4014 (37.67%)$4,2973 (38.67%)$6,873

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

For the last 7 years, on average, 1 (33.00 % of students) received grants or scholarships and its average amount is $6,121. It can cover 19.36% of tuition & fees ($31,618).
In addition, 2 (67.00 % of students) students get helped from the students loans (average amount : $4,083).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-17----
2017-18----
2018-19----
2019-20----
2020-21----
2021-221 (33%)$6,1212 (67%)$4,083
Average1 (33.00%)$6,1212 (67.00%)$4,083
*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 shows the trends of grants or scholarships over time. For the last 7 years, on average, 1 (33.00 % of students) received Pell (federal) grants and its average amount is $4,871.
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
2016-17--------
2017-18--------
2018-19--------
2019-20--------
2020-21--------
2021-221 (33%)$4,8711 (33%)$1,250----
Average1 (33.00%)$4,8711 (33.00%)$1,250----
*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 7 years, on average, 2 (67.00 % of students) get any students loan help and its average loan amount is $2.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-17------
2017-18------
2018-19------
2019-20------
2020-21------
2021-222 (67%)$4,0832 (67%)$4,083--
Average2 (67.00%)$4,0832 (67.00%)$4,083--
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