How Omega Studios' School of Applied Recording Arts & Sciences'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 Omega Studios' School of Applied Recording Arts & Sciences since 2013.

For that period, the average number of students who received grants aid/scholarships is 47, which is 32.56 % of all undergraduate students. 73 students which is 50.44% of undergraduate students received federal student loans and the average loan amount is $5,026.

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	37 (29%)	$4,991	31 (24%)	$3,661	69 (54%)	$6,461
2014-15	36 (24%)	$4,235	36 (24%)	$3,957	63 (43%)	$6,740
2015-16	65 (41%)	$4,170	65 (41%)	$4,170	107 (68%)	$6,166
2016-17	38 (27%)	$3,016	37 (26%)	$2,963	43 (30%)	$3,611
2017-18	65 (43%)	$4,094	65 (43%)	$4,013	102 (68%)	$5,770
2018-19	51 (35%)	$3,382	51 (35%)	$3,382	77 (52%)	$4,149
2019-20	30 (20%)	$3,114	30 (20%)	$2,864	62 (41%)	$3,505
2020-21	51 (35%)	$3,792	47 (32%)	$4,072	86 (59%)	$5,449
2021-22	51 (39%)	$1,867	32 (24%)	$2,648	51 (39%)	$3,379
Average	47 (32.56%)	$3,629	44 (29.89%)	$3,526	73 (50.44%)	$5,026

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

Overview

For the last 10 years, on average, 14 (40.83 % of students) received grants or scholarships and its average amount is $3,927. It can cover 11.71% of tuition & fees ($33,524).

In addition, 20 (59.00 % of students) students get helped from the students loans (average amount : $6,709).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	-	-	-	-
2014-15	15 (43%)	$4,460	20 (57%)	$12,919
2015-16	16 (57%)	$4,662	23 (82%)	$6,606
2016-17	12 (32%)	$3,811	12 (32%)	$6,158
2017-18	14 (47%)	$4,152	23 (77%)	$5,634
2018-19	17 (45%)	$3,498	20 (53%)	$5,707
2019-20	8 (21%)	$2,977	20 (53%)	$3,228
2020-21	-	-	-	-
2021-22	-	-	-	-
Average	14 (40.83%)	$3,927	20 (59.00%)	$6,709

^*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, 14 (40.50 % of students) received Pell (federal) grants and its average amount is $3,738.

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	-	-	-	-	-	-	-	-
2014-15	15 (43%)	$3,794	-	-	-	-	2 (6%)	$5,000
2015-16	16 (57%)	$4,662	-	-	-	-	-	-
2016-17	11 (30%)	$3,702	-	-	-	-	1 (3%)	$5,000
2017-18	14 (47%)	$3,795	-	-	-	-	1 (3%)	$5,000
2018-19	17 (45%)	$3,498	-	-	-	-	-	-
2019-20	8 (21%)	$2,977	-	-	-	-	-	-
2020-21	-	-	-	-	-	-	-	-
2021-22	-	-	-	-	-	-	-	-
Average	14 (40.50%)	$3,738	-	-	-	-	1 (4.00%)	$5,000

^*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, 20 (59.00 % of students) get any students loan help and its average loan amount is $20.

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	-	-	-	-	-	-
2014-15	20 (57%)	$12,919	20 (57%)	$6,952	8 (23%)	$14,916
2015-16	23 (82%)	$6,606	23 (82%)	$5,588	2 (7%)	$11,712
2016-17	12 (32%)	$6,158	9 (24%)	$3,191	3 (8%)	$15,061
2017-18	23 (77%)	$5,634	23 (77%)	$4,969	1 (3%)	$15,307
2018-19	20 (53%)	$5,707	20 (53%)	$4,416	2 (5%)	$12,913
2019-20	20 (53%)	$3,228	20 (53%)	$3,228	-	-
2020-21	-	-	-	-	-	-
2021-22	-	-	-	-	-	-
Average	20 (59.00%)	$6,709	19 (57.67%)	$4,724	3 (9.20%)	$13,982

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Scholarships, Grants, and Loan Trends at Omega Studios' School of Applied Recording Arts & Sciences

All Undergraduate Students Financial Aid Over Time

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