How MECA'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 Maine College of Art & Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 414, which is 99.56 % of all undergraduate students. 328 students which is 79.11% of undergraduate students received federal student loans and the average loan amount is $6,854.

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	378 (100%)	$15,087	144 (38%)	$4,463	308 (81%)	$7,268
2014-15	420 (99%)	$15,154	153 (36%)	$4,051	328 (77%)	$7,177
2015-16	430 (100%)	$15,696	155 (36%)	$4,083	325 (76%)	$7,154
2016-17	449 (98%)	$16,585	167 (36%)	$4,040	348 (76%)	$7,066
2017-18	450 (100%)	$16,831	174 (39%)	$4,367	358 (80%)	$7,204
2018-19	391 (100%)	$17,621	161 (41%)	$4,480	318 (81%)	$6,778
2019-20	424 (100%)	$17,879	150 (35%)	$4,613	322 (76%)	$6,886
2020-21	376 (99%)	$19,601	129 (34%)	$4,577	341 (90%)	$5,594
2021-22	407 (100%)	$19,763	133 (33%)	$4,977	307 (75%)	$6,559
Average	414 (99.56%)	$17,135	152 (36.44%)	$4,406	328 (79.11%)	$6,854

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

Overview

For the last 10 years, on average, 113 (100.00 % of students) received grants or scholarships and its average amount is $17,278. It can cover 41.74% of tuition & fees ($41,398).

In addition, 92 (81.11 % of students) students get helped from the students loans (average amount : $11,194).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	103 (100%)	$15,468	82 (80%)	$8,919
2014-15	120 (100%)	$15,227	93 (78%)	$10,298
2015-16	110 (100%)	$16,339	90 (82%)	$9,984
2016-17	121 (100%)	$16,178	103 (85%)	$10,266
2017-18	119 (100%)	$17,299	100 (84%)	$12,165
2018-19	97 (100%)	$17,392	83 (86%)	$11,825
2019-20	118 (100%)	$18,571	85 (72%)	$12,844
2020-21	127 (100%)	$18,798	107 (84%)	$10,949
2021-22	104 (100%)	$20,227	82 (79%)	$13,495
Average	113 (100.00%)	$17,278	92 (81.11%)	$11,194

^*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, 41 (36.33 % of students) received Pell (federal) grants and its average amount is $4,378.

In addition, 15 students received State/local government grants/scholarships (13.56 % 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	32 (31%)	$4,292	35 (34%)	$969	12 (12%)	$733	103 (100%)	$13,720
2014-15	48 (40%)	$3,811	48 (40%)	$906	22 (18%)	$1,009	120 (100%)	$13,155
2015-16	41 (37%)	$4,341	41 (37%)	$944	17 (15%)	$1,409	110 (100%)	$14,152
2016-17	49 (40%)	$3,982	50 (41%)	$705	15 (12%)	$1,603	121 (100%)	$14,075
2017-18	46 (39%)	$4,494	45 (38%)	$758	13 (11%)	$3,346	119 (100%)	$14,909
2018-19	41 (42%)	$4,527	41 (42%)	$777	18 (19%)	$1,344	97 (100%)	$14,900
2019-20	45 (38%)	$4,610	45 (38%)	$820	18 (15%)	$2,125	118 (100%)	$16,176
2020-21	37 (29%)	$4,441	37 (29%)	$742	14 (11%)	$2,710	127 (100%)	$16,989
2021-22	32 (31%)	$4,906	32 (31%)	$791	9 (9%)	$2,211	104 (100%)	$18,283
Average	41 (36.33%)	$4,378	42 (36.67%)	$824	15 (13.56%)	$1,832	113 (100.00%)	$15,151

^*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, 92 (81.11 % of students) get any students loan help and its average loan amount is $92.

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	82 (80%)	$8,919	81 (79%)	$5,725	17 (17%)	$15,741
2014-15	93 (78%)	$10,298	92 (77%)	$6,203	23 (19%)	$16,828
2015-16	90 (82%)	$9,984	90 (82%)	$6,154	21 (19%)	$16,413
2016-17	103 (85%)	$10,266	102 (84%)	$5,438	33 (27%)	$15,233
2017-18	100 (84%)	$12,165	100 (84%)	$5,557	30 (25%)	$22,027
2018-19	83 (86%)	$11,825	82 (85%)	$5,265	33 (34%)	$16,659
2019-20	85 (72%)	$12,844	85 (72%)	$5,424	28 (24%)	$22,523
2020-21	107 (84%)	$10,949	107 (84%)	$5,015	29 (23%)	$21,891
2021-22	82 (79%)	$13,495	79 (76%)	$5,157	33 (32%)	$21,186
Average	92 (81.11%)	$11,194	91 (80.33%)	$5,549	27 (24.44%)	$18,722

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Scholarships, Grants, and Loan Trends at MECA

All Undergraduate Students Financial Aid Over Time

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