Scholarships, Grants, and Loan Trends at Montserrat College of Art

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 362, which is 99.44 % of all undergraduate students. 298 students which is 81.89% of undergraduate students received federal student loans and the average loan amount is $7,357.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 87% 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 Montserrat College of Art since 2013.
For that period, the average number of students who received grants aid/scholarships is 362, which is 99.44 % of all undergraduate students. 298 students which is 81.89% of undergraduate students received federal student loans and the average loan amount is $7,357.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14372 (98%)$12,375155 (41%)$4,348311 (82%)$7,113
2014-15378 (99%)$3,505151 (40%)$4,336318 (84%)$7,125
2015-16358 (100%)$13,021142 (40%)$4,135301 (84%)$10,778
2016-17368 (100%)$14,240144 (39%)$4,621302 (82%)$6,884
2017-18360 (100%)$15,044144 (40%)$4,623300 (83%)$6,864
2018-19361 (98%)$16,359138 (38%)$4,758283 (77%)$7,148
2019-20365 (100%)$17,315137 (38%)$4,793306 (84%)$6,693
2020-21353 (100%)$19,320119 (34%)$5,086286 (81%)$6,898
2021-22341 (100%)$18,872121 (35%)$4,869272 (80%)$6,711
Average362 (99.44%)$14,450139 (38.33%)$4,619298 (81.89%)$7,357

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

For the last 10 years, on average, 91 (100.00 % of students) received grants or scholarships and its average amount is $16,676. It can cover 42.76% of tuition & fees ($39,000).
In addition, 80 (87.00 % of students) students get helped from the students loans (average amount : $11,222).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14102 (100%)$14,39197 (95%)$8,961
2014-15101 (100%)$13,09893 (92%)$10,855
2015-1681 (100%)$14,21372 (89%)$9,813
2016-1791 (100%)$16,53091 (100%)$11,835
2017-1885 (100%)$16,29966 (78%)$11,252
2018-19101 (100%)$17,61079 (78%)$11,975
2019-20101 (100%)$17,19588 (87%)$10,224
2020-2184 (100%)$20,58373 (87%)$12,536
2021-2275 (100%)$20,16558 (77%)$13,550
Average91 (100.00%)$16,67680 (87.00%)$11,222
*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 10 years, on average, 38 (41.33 % of students) received Pell (federal) grants and its average amount is $4,736.
In addition, 21 students received State/local government grants/scholarships (23.44 % of students).
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
2013-1453 (52%)$4,40014 (14%)$55430 (29%)$1,252102 (100%)$11,661
2014-1536 (36%)$4,41718 (18%)$1,06728 (28%)$1,233101 (100%)$10,992
2015-1632 (40%)$4,3268 (10%)$1,23812 (15%)$1,19081 (100%)$12,206
2016-1746 (51%)$4,85419 (21%)$31826 (29%)$1,59291 (100%)$13,555
2017-1831 (36%)$4,44510 (12%)$44315 (18%)$2,02085 (100%)$14,270
2018-1938 (38%)$5,11721 (21%)$98116 (16%)$2,142100 (99%)$15,293
2019-2037 (37%)$4,73712 (12%)$49322 (22%)$2,009101 (100%)$14,963
2020-2136 (43%)$5,15084 (100%)$65921 (25%)$2,86684 (100%)$17,000
2021-2229 (39%)$5,1817 (9%)$1,07322 (29%)$3,12075 (100%)$17,146
Average38 (41.33%)$4,73621 (24.11%)$75821 (23.44%)$1,93691 (99.89%)$14,121
*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 10 years, on average, 80 (87.00 % of students) get any students loan help and its average loan amount is $80.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1497 (95%)$8,96197 (95%)$3,43236 (35%)$14,898
2014-1593 (92%)$10,85593 (92%)$5,75727 (27%)$17,556
2015-1672 (89%)$9,81370 (86%)$5,62017 (21%)$18,422
2016-1791 (100%)$11,83583 (91%)$5,49836 (40%)$17,239
2017-1866 (78%)$11,25266 (78%)$5,55822 (26%)$17,082
2018-1979 (78%)$11,97579 (78%)$5,73129 (29%)$17,009
2019-2088 (87%)$10,22488 (87%)$5,26824 (24%)$18,170
2020-2173 (87%)$12,53672 (86%)$5,93224 (29%)$20,335
2021-2258 (77%)$13,55058 (77%)$5,44422 (29%)$21,370
Average80 (87.00%)$11,22278 (85.56%)$5,36026 (28.89%)$18,009
Most Searched Massachusetts Colleges (last 30 days)
Related Articles and Ads