Scholarships, Grants, and Loan Trends at AIC College of Design

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 27, which is 84.00 % of all undergraduate students. 25 students which is 78.80% of undergraduate students received federal student loans and the average loan amount is $10,020.
For full-time, first-time beginning students (freshmen), 86.20% of students received grants or scholarships and 85% 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 The Art Institute of Cincinnati-AIC College of Design since 2013.
For that period, the average number of students who received grants aid/scholarships is 27, which is 84.00 % of all undergraduate students. 25 students which is 78.80% of undergraduate students received federal student loans and the average loan amount is $10,020.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1436 (95%)$7,88523 (61%)$5,43134 (89%)$11,473
2014-1532 (89%)$7,39120 (56%)$3,65030 (83%)$11,596
2015-1628 (80%)$5,82116 (46%)$5,06425 (71%)$9,703
2016-1722 (71%)$4,55011 (35%)$4,71419 (61%)$9,119
2017-1817 (85%)$5,82011 (55%)$5,46218 (90%)$8,209
Average27 (84.00%)$6,29316 (50.60%)$4,86425 (78.80%)$10,020

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

For the last 6 years, on average, 8 (86.20 % of students) received grants or scholarships and its average amount is $6,482. It can cover 41.36% of tuition & fees ($15,674).
In addition, 8 (85.40 % of students) students get helped from the students loans (average amount : $7,174).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149 (100%)$7,5398 (89%)$6,919
2014-154 (67%)$7,6745 (83%)$6,730
2015-1611 (100%)$5,85010 (91%)$7,991
2016-177 (64%)$5,9947 (64%)$7,613
2017-189 (100%)$5,3549 (100%)$6,615
Average8 (86.20%)$6,4828 (85.40%)$7,174
*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 6 years, on average, 5 (52.80 % of students) received Pell (federal) grants and its average amount is $4,452.
In addition, 4 students received State/local government grants/scholarships (42.20 % 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
2013-145 (56%)$5,1395 (56%)$2403 (33%)$5539 (100%)$4,366
2014-153 (50%)$4,3803 (50%)$2691 (17%)$7444 (67%)$4,001
2015-166 (55%)$4,5684 (36%)$2345 (45%)$7108 (73%)$4,057
2016-174 (36%)$3,8764 (36%)$2393 (27%)$7047 (64%)$3,341
2017-186 (67%)$4,297--8 (89%)$1,7438 (89%)$1,057
Average5 (52.80%)$4,4524 (44.50%)$2464 (42.20%)$8917 (78.60%)$3,364
*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 6 years, on average, 8 (85.40 % of students) get any students loan help and its average loan amount is $8.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-148 (89%)$6,9198 (89%)$6,919--
2014-155 (83%)$6,7305 (83%)$6,730--
2015-1610 (91%)$7,99110 (91%)$7,991--
2016-177 (64%)$7,6137 (64%)$7,613--
2017-189 (100%)$6,6159 (100%)$6,615--
Average8 (85.40%)$7,1748 (85.40%)$7,174--
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