Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,962, which is 51.44 % of all undergraduate students. 3,893 students which is 49.00% of undergraduate students received federal student loans and the average loan amount is $7,422.

For full-time, first-time beginning students (freshmen), 51.67% of students received grants or scholarships and 49% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Academy of Art University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,962, which is 51.44 % of all undergraduate students. 3,893 students which is 49.00% of undergraduate students received federal student loans and the average loan amount is $7,422.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,966 (47%)$6,7924,212 (40%)$3,3875,805 (55%)$7,677
2014-154,603 (46%)$7,2213,878 (39%)$3,3805,162 (51%)$7,402
2015-164,008 (44%)$7,9223,314 (36%)$3,4884,429 (49%)$7,314
2016-173,783 (46%)$8,2483,004 (36%)$3,4163,917 (47%)$7,277
2017-183,634 (47%)$9,0852,772 (36%)$3,7383,509 (46%)$7,171
2018-193,546 (50%)$9,8282,527 (36%)$3,8773,331 (47%)$6,833
2019-203,886 (58%)$9,8662,567 (38%)$3,9523,230 (48%)$8,378
2020-213,885 (63%)$10,4812,461 (40%)$3,9683,024 (49%)$7,237
2021-223,350 (62%)$11,4492,247 (42%)$4,1512,630 (49%)$7,513
Average3,962 (51.44%)$8,9882,998 (38.11%)$3,7063,893 (49.00%)$7,422
*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.

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

For the last 10 years, on average, 231 (51.67 % of students) received grants or scholarships and its average amount is $8,813. It can cover 31.45% of tuition & fees ($28,024).

In addition, 229 (48.56 % of students) students get helped from the students loans (average amount : $7,277).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14262 (39%)$7,023331 (50%)$7,220
2014-15243 (35%)$7,844295 (42%)$6,734
2015-16206 (34%)$8,417265 (44%)$7,346
2016-17256 (41%)$8,322265 (43%)$7,029
2017-18255 (53%)$10,098221 (46%)$6,528
2018-19167 (49%)$10,268138 (41%)$7,591
2019-20283 (64%)$8,628223 (51%)$8,483
2020-21206 (80%)$9,848141 (55%)$7,026
2021-22198 (70%)$8,868182 (65%)$7,539
Average231 (51.67%)$8,813229 (48.56%)$7,277
*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 10 years, on average, 155 (33.44 % of students) received Pell (federal) grants and its average amount is $4,853.

In addition, 41 students received State/local government grants/scholarships (9.11 % 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
2013-14210 (31%)$4,44392 (14%)$26941 (6%)$4,82084 (13%)$8,152
2014-15183 (26%)$4,25343 (6%)$54434 (5%)$4,64397 (14%)$9,758
2015-16158 (26%)$4,51167 (11%)$64032 (5%)$4,70976 (13%)$10,889
2016-17175 (28%)$4,64471 (11%)$54953 (9%)$5,853117 (19%)$8,278
2017-18166 (34%)$5,18590 (19%)$55757 (12%)$5,211165 (34%)$8,286
2018-19103 (30%)$5,23663 (19%)$57142 (12%)$4,431110 (33%)$8,666
2019-20148 (34%)$5,030147 (33%)$71353 (12%)$5,237217 (49%)$6,059
2020-21119 (46%)$5,133116 (45%)$1,46229 (11%)$6,469155 (60%)$6,843
2021-22130 (46%)$5,238129 (46%)$1,40329 (10%)$4,918147 (52%)$5,111
Average155 (33.44%)$4,85391 (22.67%)$74541 (9.11%)$5,143130 (31.89%)$8,005
*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 10 years, on average, 229 (48.56 % of students) get any students loan help and its average loan amount is $229.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14331 (50%)$7,220329 (49%)$5,75927 (4%)$18,344
2014-15295 (42%)$6,734294 (42%)$5,66816 (2%)$20,007
2015-16265 (44%)$7,346264 (43%)$5,70222 (4%)$20,060
2016-17265 (43%)$7,029265 (43%)$5,54923 (4%)$17,058
2017-18221 (46%)$6,528219 (45%)$5,48513 (3%)$18,574
2018-19138 (41%)$7,591138 (41%)$5,22514 (4%)$23,318
2019-20223 (51%)$8,483223 (51%)$6,11221 (5%)$25,172
2020-21141 (55%)$7,026140 (54%)$5,9585 (2%)$31,298
2021-22182 (65%)$7,539178 (63%)$5,72016 (6%)$22,122
Average229 (48.56%)$7,277228 (47.89%)$5,68617 (3.78%)$21,773

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