Scholarships, Grants, and Loan Trends at Visible Music

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 140, which is 79.90 % of all undergraduate students. 118 students which is 67.10% of undergraduate students received federal student loans and the average loan amount is $7,637.
For full-time, first-time beginning students (freshmen), 83.80% of students received grants or scholarships and 70% 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 Visible Music College since 2013.
For that period, the average number of students who received grants aid/scholarships is 140, which is 79.90 % of all undergraduate students. 118 students which is 67.10% of undergraduate students received federal student loans and the average loan amount is $7,637.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (88%)$14,65258 (49%)$4,19790 (76%)$7,778
2014-1598 (85%)$5,36062 (54%)$3,87297 (84%)$6,618
2015-1690 (83%)$6,50951 (47%)$4,49874 (68%)$7,358
2016-17117 (100%)$5,85265 (56%)$3,76599 (85%)$9,417
2017-18119 (94%)$5,57960 (48%)$3,97892 (73%)$6,958
2018-19127 (77%)$6,73575 (45%)$4,880110 (66%)$7,050
2019-20228 (65%)$5,545155 (44%)$4,401220 (62%)$9,707
2020-21166 (53%)$5,90794 (30%)$5,126141 (45%)$7,253
2021-22191 (79%)$6,925108 (44%)$4,748137 (56%)$7,199
2022-23158 (75%)$7,14993 (44%)$5,007118 (56%)$7,033
Average140 (79.90%)$7,02182 (46.10%)$4,447118 (67.10%)$7,637

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

For the last 11 years, on average, 32 (83.80 % of students) received grants or scholarships and its average amount is $5,637. It can cover 25.62% of tuition & fees ($22,000).
In addition, 27 (69.60 % of students) students get helped from the students loans (average amount : $7,042).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1417 (55%)$3,88023 (74%)$7,450
2014-1515 (88%)$4,13214 (82%)$7,210
2015-1617 (100%)$6,63410 (59%)$7,026
2016-1726 (100%)$5,23019 (73%)$6,580
2017-1829 (100%)$5,08423 (79%)$6,037
2018-1932 (91%)$6,30125 (71%)$5,947
2019-2078 (64%)$4,76479 (65%)$8,518
2020-2145 (82%)$6,18931 (56%)$7,289
2021-2223 (79%)$7,77319 (66%)$8,869
2022-2333 (79%)$6,38730 (71%)$5,496
Average32 (83.80%)$5,63727 (69.60%)$7,042
*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 11 years, on average, 19 (47.20 % of students) received Pell (federal) grants and its average amount is $4,666.
In addition, 1 students received State/local government grants/scholarships (2.00 % 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
2013-1414 (45%)$3,8803 (10%)$333--9 (29%)$1,181
2014-159 (53%)$3,4734 (24%)$284--14 (82%)$2,113
2015-168 (47%)$4,9314 (24%)$350--14 (82%)$5,138
2016-179 (35%)$3,6312 (8%)$200--26 (100%)$3,957
2017-1813 (45%)$4,2731 (3%)$400--27 (93%)$3,388
2018-1921 (60%)$5,1625 (14%)$320--23 (66%)$3,984
2019-2060 (50%)$4,4204 (3%)$350--29 (24%)$3,621
2020-2127 (49%)$5,38313 (24%)$3541 (2%)$1,65633 (60%)$3,845
2021-2214 (48%)$5,5455 (17%)$400--15 (52%)$6,610
2022-2317 (40%)$5,96312 (29%)$1,383--24 (57%)$3,867
Average19 (47.20%)$4,6665 (15.60%)$4371 (2.00%)$1,65621 (64.50%)$3,770
*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 11 years, on average, 27 (69.60 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (74%)$7,45023 (74%)$5,4933 (10%)$15,004
2014-1514 (82%)$7,21014 (82%)$6,0302 (12%)$8,260
2015-1610 (59%)$7,02610 (59%)$7,026--
2016-1719 (73%)$6,58019 (73%)$4,9492 (8%)$15,500
2017-1823 (79%)$6,03723 (79%)$5,6721 (3%)$8,400
2018-1925 (71%)$5,94725 (71%)$5,8441 (3%)$2,576
2019-2079 (65%)$8,51878 (64%)$6,75918 (15%)$8,097
2020-2131 (56%)$7,28931 (56%)$6,4162 (4%)$13,528
2021-2219 (66%)$8,86917 (59%)$6,4244 (14%)$14,825
2022-2330 (71%)$5,49630 (71%)$5,2631 (2%)$7,003
Average27 (69.60%)$7,04227 (68.80%)$5,9884 (7.89%)$10,355
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