Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,496, which is 95.56 % of all undergraduate students. 1,142 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $6,955.

For full-time, first-time beginning students (freshmen), 99.11% of students received grants or scholarships and 77% 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 American Musical and Dramatic Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,496, which is 95.56 % of all undergraduate students. 1,142 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $6,955.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,220 (89%)$10,579518 (38%)$4,638928 (68%)$8,215
2014-151,554 (90%)$17,515874 (50%)$2,4371,189 (69%)$5,046
2015-161,473 (98%)$9,063646 (43%)$3,8481,158 (77%)$6,005
2016-171,538 (98%)$11,637702 (45%)$4,6061,214 (78%)$7,521
2017-181,376 (91%)$12,545644 (43%)$5,0471,113 (73%)$7,322
2018-191,553 (99%)$14,186704 (45%)$4,0531,227 (78%)$7,411
2019-201,737 (98%)$14,447721 (41%)$5,6441,304 (74%)$7,092
2020-211,370 (98%)$13,948576 (41%)$5,0541,011 (72%)$6,777
2021-221,640 (99%)$14,972602 (36%)$5,4101,132 (68%)$7,202
Average1,496 (95.56%)$13,210665 (42.44%)$4,5261,142 (73.00%)$6,955
*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, 519 (99.11 % of students) received grants or scholarships and its average amount is $11,402. It can cover 25.03% of tuition & fees ($45,560).

In addition, 402 (76.56 % of students) students get helped from the students loans (average amount : $10,759).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14462 (100%)$9,676351 (76%)$10,692
2014-15590 (97%)$9,656466 (77%)$10,214
2015-16505 (95%)$9,242403 (76%)$10,128
2016-17598 (100%)$10,181465 (78%)$11,625
2017-18563 (100%)$11,036462 (82%)$9,993
2018-19562 (100%)$11,821447 (80%)$9,609
2019-20533 (100%)$11,794396 (74%)$10,606
2020-21416 (100%)$15,981326 (78%)$11,633
2021-22444 (100%)$13,229302 (68%)$12,333
Average519 (99.11%)$11,402402 (76.56%)$10,759
*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, 226 (43.00 % of students) received Pell (federal) grants and its average amount is $4,837.

In addition, 19 students received State/local government grants/scholarships (3.50 % 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
2013-14203 (44%)$4,64667 (15%)$688--462 (100%)$7,535
2014-15259 (43%)$4,53683 (14%)$67035 (6%)$8,781590 (97%)$7,049
2015-16211 (40%)$4,57177 (15%)$66727 (5%)$7,273505 (95%)$6,841
2016-17270 (45%)$5,020111 (19%)$62716 (3%)$6,631598 (100%)$7,621
2017-18272 (48%)$4,426114 (20%)$65415 (3%)$6,311563 (100%)$8,597
2018-19243 (43%)$4,861118 (21%)$66618 (3%)$9,105562 (100%)$9,288
2019-20225 (42%)$4,992415 (78%)$1,17423 (4%)$7,786533 (100%)$8,436
2020-21186 (45%)$5,314408 (98%)$2,5209 (2%)$8,045416 (100%)$10,959
2021-22163 (37%)$5,171143 (32%)$9439 (2%)$8,379444 (100%)$10,856
Average226 (43.00%)$4,837171 (34.67%)$95719 (3.50%)$7,789519 (99.11%)$8,576
*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, 402 (76.56 % of students) get any students loan help and its average loan amount is $402.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14351 (76%)$10,692350 (76%)$6,12378 (17%)$20,641
2014-15466 (77%)$10,214462 (76%)$6,35880 (13%)$22,778
2015-16403 (76%)$10,128402 (76%)$5,81287 (16%)$20,059
2016-17465 (78%)$11,625462 (77%)$6,87081 (14%)$27,549
2017-18462 (82%)$9,993462 (82%)$5,74778 (14%)$25,150
2018-19447 (80%)$9,609443 (79%)$5,54971 (13%)$25,870
2019-20396 (74%)$10,606392 (74%)$5,44970 (13%)$29,485
2020-21326 (78%)$11,633324 (78%)$6,29261 (15%)$28,752
2021-22302 (68%)$12,333294 (66%)$5,69369 (16%)$29,722
Average402 (76.56%)$10,759399 (76.00%)$5,98875 (14.56%)$25,556

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