How VanderCook College of Music'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 VanderCook College of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 88, which is 75.00 % of all undergraduate students. 72 students which is 60.33% of undergraduate students received federal student loans and the average loan amount is $7,133.

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	103 (77%)	$10,882	53 (40%)	$4,131	91 (68%)	$7,308
2014-15	108 (73%)	$11,554	50 (34%)	$4,411	90 (61%)	$7,282
2015-16	101 (66%)	$10,693	39 (25%)	$4,764	89 (58%)	$7,204
2016-17	102 (77%)	$10,389	38 (29%)	$4,067	91 (68%)	$7,232
2017-18	90 (82%)	$10,872	34 (31%)	$3,975	80 (73%)	$6,861
2018-19	76 (69%)	$11,795	31 (28%)	$4,296	65 (59%)	$6,490
2019-20	71 (65%)	$13,110	34 (31%)	$4,617	48 (44%)	$7,359
2020-21	66 (80%)	$14,489	27 (33%)	$4,179	44 (54%)	$7,340
2021-22	78 (86%)	$21,529	25 (27%)	$4,525	53 (58%)	$7,121
Average	88 (75.00%)	$12,813	37 (30.89%)	$4,329	72 (60.33%)	$7,133

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

Overview

For the last 10 years, on average, 18 (100.00 % of students) received grants or scholarships and its average amount is $14,386. It can cover 46.54% of tuition & fees ($30,910).

In addition, 15 (79.00 % of students) students get helped from the students loans (average amount : $7,894).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	15 (100%)	$12,134	14 (93%)	$8,241
2014-15	25 (100%)	$12,331	21 (84%)	$7,583
2015-16	20 (100%)	$10,089	18 (90%)	$8,573
2016-17	21 (100%)	$10,274	18 (86%)	$7,089
2017-18	15 (100%)	$14,694	13 (87%)	$12,288
2018-19	21 (100%)	$16,408	19 (90%)	$7,631
2019-20	16 (100%)	$10,481	9 (56%)	$5,736
2020-21	11 (100%)	$15,183	6 (55%)	$7,167
2021-22	20 (100%)	$27,884	14 (70%)	$6,742
Average	18 (100.00%)	$14,386	15 (79.00%)	$7,894

^*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, 7 (39.78 % of students) received Pell (federal) grants and its average amount is $4,151.

In addition, 6 students received State/local government grants/scholarships (35.11 % 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	6 (40%)	$4,520	8 (53%)	$2,018	9 (60%)	$5,612	15 (100%)	$5,883
2014-15	8 (32%)	$3,846	13 (52%)	$1,964	7 (28%)	$5,748	25 (100%)	$8,470
2015-16	5 (25%)	$4,865	5 (25%)	$280	3 (15%)	$4,720	20 (100%)	$8,095
2016-17	11 (52%)	$4,131	13 (62%)	$1,336	9 (43%)	$4,734	21 (100%)	$5,255
2017-18	9 (60%)	$4,531	9 (60%)	$306	7 (47%)	$5,583	15 (100%)	$9,187
2018-19	13 (62%)	$4,738	14 (67%)	$818	12 (57%)	$5,640	21 (100%)	$9,707
2019-20	6 (38%)	$4,567	6 (38%)	$279	3 (19%)	$3,323	16 (100%)	$8,041
2020-21	1 (9%)	$1,188	6 (55%)	$250	3 (27%)	$5,108	11 (100%)	$13,545
2021-22	8 (40%)	$4,977	20 (100%)	$4,262	4 (20%)	$6,286	20 (100%)	$20,375
Average	7 (39.78%)	$4,151	10 (56.89%)	$1,279	6 (35.11%)	$5,195	18 (100.00%)	$9,840

^*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, 15 (79.00 % of students) get any students loan help and its average loan amount is $15.

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	14 (93%)	$8,241	14 (93%)	$5,444	2 (13%)	$19,581
2014-15	21 (84%)	$7,583	19 (76%)	$5,613	3 (12%)	$17,530
2015-16	18 (90%)	$8,573	18 (90%)	$5,507	3 (15%)	$18,397
2016-17	18 (86%)	$7,089	17 (81%)	$5,283	2 (10%)	$18,893
2017-18	13 (87%)	$12,288	13 (87%)	$5,748	4 (27%)	$21,255
2018-19	19 (90%)	$7,631	19 (90%)	$6,447	2 (10%)	$11,250
2019-20	9 (56%)	$5,736	8 (50%)	$4,516	1 (6%)	$15,500
2020-21	6 (55%)	$7,167	6 (55%)	$5,167	1 (9%)	$12,000
2021-22	14 (70%)	$6,742	14 (70%)	$5,304	2 (10%)	$10,066
Average	15 (79.00%)	$7,894	14 (76.89%)	$5,448	2 (12.44%)	$16,052

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Scholarships, Grants, and Loan Trends at VanderCook College of Music

All Undergraduate Students Financial Aid Over Time

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