How Otis College of Art and Design'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 Otis College of Art and Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 924, which is 85.22 % of all undergraduate students. 544 students which is 50.11% of undergraduate students received federal student loans and the average loan amount is $7,525.

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	856 (83%)	$18,121	483 (47%)	$4,798	624 (60%)	$7,957
2014-15	903 (83%)	$18,905	467 (43%)	$4,777	617 (56%)	$7,716
2015-16	849 (77%)	$18,798	415 (38%)	$4,964	556 (50%)	$7,824
2016-17	887 (87%)	$18,512	393 (38%)	$4,649	552 (54%)	$7,440
2017-18	864 (81%)	$19,476	401 (38%)	$4,816	521 (49%)	$7,406
2018-19	919 (85%)	$19,933	376 (35%)	$5,015	509 (47%)	$7,317
2019-20	994 (88%)	$24,538	400 (36%)	$5,071	532 (47%)	$7,569
2020-21	942 (91%)	$22,230	378 (37%)	$5,292	488 (47%)	$7,281
2021-22	1,098 (92%)	$21,566	384 (32%)	$5,484	496 (41%)	$7,211
Average	924 (85.22%)	$20,231	411 (38.22%)	$4,985	544 (50.11%)	$7,525

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

Overview

For the last 10 years, on average, 199 (87.56 % of students) received grants or scholarships and its average amount is $18,640. It can cover 35.53% of tuition & fees ($52,460).

In addition, 103 (46.44 % of students) students get helped from the students loans (average amount : $9,511).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	133 (83%)	$16,658	86 (54%)	$7,558
2014-15	197 (83%)	$16,625	128 (54%)	$6,379
2015-16	146 (76%)	$17,557	77 (40%)	$6,533
2016-17	183 (90%)	$17,640	99 (49%)	$8,030
2017-18	154 (76%)	$18,008	101 (50%)	$7,902
2018-19	248 (90%)	$18,661	86 (31%)	$23,340
2019-20	253 (92%)	$20,001	120 (44%)	$9,299
2020-21	220 (100%)	$21,593	107 (49%)	$8,512
2021-22	256 (98%)	$21,017	122 (47%)	$8,042
Average	199 (87.56%)	$18,640	103 (46.44%)	$9,511

^*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, 72 (32.44 % of students) received Pell (federal) grants and its average amount is $4,818.

In addition, 48 students received State/local government grants/scholarships (21.67 % 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	64 (40%)	$4,901	8 (5%)	$1,313	51 (32%)	$6,357	131 (82%)	$11,962
2014-15	82 (34%)	$4,470	14 (6%)	$964	55 (23%)	$6,623	196 (82%)	$12,912
2015-16	58 (30%)	$4,399	3 (2%)	$1,500	37 (19%)	$7,679	146 (76%)	$13,832
2016-17	66 (33%)	$4,498	9 (4%)	$1,243	39 (19%)	$7,024	183 (90%)	$14,459
2017-18	72 (35%)	$4,577	6 (3%)	$1,375	43 (21%)	$6,561	153 (75%)	$14,074
2018-19	84 (30%)	$4,743	22 (8%)	$896	55 (20%)	$7,856	247 (89%)	$15,294
2019-20	75 (27%)	$4,614	22 (8%)	$3,334	54 (20%)	$7,962	250 (91%)	$16,844
2020-21	70 (32%)	$5,292	10 (5%)	$1,500	47 (21%)	$7,504	219 (100%)	$18,322
2021-22	80 (31%)	$5,866	32 (12%)	$1,500	52 (20%)	$8,087	255 (98%)	$17,422
Average	72 (32.44%)	$4,818	14 (5.89%)	$1,514	48 (21.67%)	$7,295	198 (87.00%)	$15,013

^*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, 103 (46.44 % of students) get any students loan help and its average loan amount is $103.

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	86 (54%)	$7,558	86 (54%)	$6,347	7 (4%)	$14,878
2014-15	128 (54%)	$6,379	128 (54%)	$5,747	4 (2%)	$20,250
2015-16	77 (40%)	$6,533	75 (39%)	$5,839	2 (1%)	$32,551
2016-17	99 (49%)	$8,030	99 (49%)	$5,012	15 (7%)	$19,914
2017-18	101 (50%)	$7,902	100 (49%)	$5,527	10 (5%)	$24,540
2018-19	86 (31%)	$23,340	76 (28%)	$23,571	10 (4%)	$21,587
2019-20	120 (44%)	$9,299	118 (43%)	$5,218	19 (7%)	$26,320
2020-21	107 (49%)	$8,512	106 (48%)	$5,811	11 (5%)	$26,799
2021-22	122 (47%)	$8,042	121 (46%)	$5,417	9 (3%)	$36,185
Average	103 (46.44%)	$9,511	101 (45.56%)	$7,610	10 (4.22%)	$24,780

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Scholarships, Grants, and Loan Trends at Otis College of Art and Design

All Undergraduate Students Financial Aid Over Time

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