How SVA'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 School of Visual Arts since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,961, which is 54.78 % of all undergraduate students. 1,269 students which is 35.11% of undergraduate students received federal student loans and the average loan amount is $7,273.

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	1,772 (51%)	$11,169	878 (25%)	$4,517	1,603 (46%)	$7,612
2014-15	1,812 (49%)	$11,886	917 (25%)	$4,494	1,555 (42%)	$7,706
2015-16	1,712 (46%)	$12,971	846 (23%)	$4,675	1,471 (40%)	$7,561
2016-17	1,715 (46%)	$13,451	775 (21%)	$4,685	1,374 (37%)	$7,318
2017-18	1,728 (46%)	$14,252	789 (21%)	$4,818	1,282 (34%)	$7,332
2018-19	1,872 (50%)	$15,133	735 (20%)	$4,968	1,215 (33%)	$6,951
2019-20	1,927 (51%)	$15,310	646 (17%)	$5,020	1,099 (29%)	$6,997
2020-21	2,868 (90%)	$10,795	532 (17%)	$5,182	885 (28%)	$7,011
2021-22	2,241 (64%)	$15,178	546 (15%)	$5,160	936 (27%)	$6,973
Average	1,961 (54.78%)	$13,349	740 (20.44%)	$4,835	1,269 (35.11%)	$7,273

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

Overview

For the last 10 years, on average, 402 (54.44 % of students) received grants or scholarships and its average amount is $14,326. It can cover 29.15% of tuition & fees ($49,140).

In addition, 257 (35.44 % of students) students get helped from the students loans (average amount : $11,608).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	333 (51%)	$11,073	323 (49%)	$12,156
2014-15	289 (47%)	$12,933	277 (45%)	$9,598
2015-16	335 (48%)	$14,638	300 (43%)	$10,507
2016-17	358 (48%)	$13,828	284 (38%)	$12,038
2017-18	379 (51%)	$13,914	270 (36%)	$11,548
2018-19	515 (58%)	$16,138	278 (32%)	$10,206
2019-20	504 (52%)	$15,460	233 (24%)	$11,644
2020-21	352 (63%)	$16,551	145 (26%)	$13,610
2021-22	550 (72%)	$14,401	201 (26%)	$13,163
Average	402 (54.44%)	$14,326	257 (35.44%)	$11,608

^*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, 148 (20.44 % of students) received Pell (federal) grants and its average amount is $4,822.

In addition, 72 students received State/local government grants/scholarships (10.11 % 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	175 (27%)	$4,384	84 (13%)	$1,420	111 (17%)	$3,447	272 (42%)	$8,891
2014-15	176 (28%)	$4,484	72 (12%)	$1,427	88 (14%)	$3,794	238 (38%)	$10,554
2015-16	168 (24%)	$4,676	71 (10%)	$1,458	92 (13%)	$3,825	301 (43%)	$12,169
2016-17	150 (20%)	$4,856	77 (10%)	$1,471	83 (11%)	$3,621	325 (44%)	$11,718
2017-18	156 (21%)	$4,794	53 (7%)	$1,439	73 (10%)	$2,924	344 (46%)	$12,314
2018-19	159 (18%)	$5,043	66 (7%)	$1,414	60 (7%)	$3,880	495 (56%)	$14,511
2019-20	138 (14%)	$4,886	52 (5%)	$1,457	56 (6%)	$3,982	480 (50%)	$14,206
2020-21	98 (17%)	$5,010	230 (41%)	$2,476	42 (7%)	$3,233	336 (60%)	$13,778
2021-22	112 (15%)	$5,263	292 (38%)	$1,299	47 (6%)	$4,391	483 (63%)	$13,965
Average	148 (20.44%)	$4,822	111 (15.89%)	$1,540	72 (10.11%)	$3,677	364 (49.11%)	$12,456

^*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, 257 (35.44 % of students) get any students loan help and its average loan amount is $257.

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	323 (49%)	$12,156	318 (49%)	$6,180	67 (10%)	$29,271
2014-15	277 (45%)	$9,598	272 (44%)	$6,116	39 (6%)	$25,512
2015-16	300 (43%)	$10,507	291 (42%)	$5,939	51 (7%)	$27,917
2016-17	284 (38%)	$12,038	281 (38%)	$5,874	63 (8%)	$28,064
2017-18	270 (36%)	$11,548	261 (35%)	$5,915	54 (7%)	$29,147
2018-19	278 (32%)	$10,206	272 (31%)	$5,404	42 (5%)	$32,555
2019-20	233 (24%)	$11,644	230 (24%)	$5,334	43 (4%)	$34,565
2020-21	145 (26%)	$13,610	134 (24%)	$5,267	39 (7%)	$32,503
2021-22	201 (26%)	$13,163	198 (26%)	$5,414	42 (5%)	$37,473
Average	257 (35.44%)	$11,608	251 (34.78%)	$5,716	49 (6.56%)	$30,779

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Scholarships, Grants, and Loan Trends at SVA

All Undergraduate Students Financial Aid Over Time

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