Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 511, which is 53.67 % of all undergraduate students. 549 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $7,339.

For full-time, first-time beginning students (freshmen), 60.56% of students received grants or scholarships and 74% 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 Conservatory of Recording Arts and Sciences since 2013.

For that period, the average number of students who received grants aid/scholarships is 511, which is 53.67 % of all undergraduate students. 549 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $7,339.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14667 (60%)$6,197625 (57%)$4,444886 (80%)$7,888
2014-15669 (65%)$6,423618 (60%)$4,583835 (81%)$7,899
2015-16630 (63%)$6,456580 (58%)$4,634807 (80%)$7,746
2016-17524 (59%)$5,300303 (34%)$4,611406 (46%)$7,585
2017-18484 (58%)$5,462320 (38%)$4,525456 (55%)$5,570
2018-19198 (23%)$5,398189 (22%)$5,222318 (38%)$7,009
2019-20341 (37%)$7,192223 (25%)$5,133322 (35%)$6,500
2020-21390 (43%)$5,709349 (39%)$3,647497 (55%)$7,750
2021-22698 (75%)$3,425317 (34%)$3,695418 (45%)$8,101
Average511 (53.67%)$5,729392 (40.78%)$4,499549 (57.22%)$7,339
*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, 183 (60.56 % of students) received grants or scholarships and its average amount is $4,487. It can cover 21.82% of tuition & fees ($20,559).

In addition, 215 (74.22 % of students) students get helped from the students loans (average amount : $8,333).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14149 (55%)$5,062217 (79%)$8,628
2014-15182 (69%)$4,651228 (86%)$8,570
2015-16153 (62%)$4,923200 (81%)$7,946
2016-17130 (65%)$4,386159 (80%)$8,125
2017-18104 (56%)$4,713139 (75%)$6,228
2018-19108 (41%)$5,544187 (71%)$7,760
2019-20170 (51%)$4,626203 (61%)$8,605
2020-21280 (65%)$3,397312 (72%)$9,113
2021-22370 (81%)$3,079287 (63%)$10,026
Average183 (60.56%)$4,487215 (74.22%)$8,333
*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, 157 (53.89 % of students) received Pell (federal) grants and its average amount is $4,620.

In addition, 8 students received State/local government grants/scholarships (3.00 % 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
2013-14149 (55%)$4,743107 (39%)$14614 (5%)$1,903106 (39%)$49
2014-15182 (69%)$4,474134 (51%)$14712 (5%)$483134 (51%)$49
2015-16152 (62%)$4,739110 (45%)$14911 (4%)$1,007110 (45%)$50
2016-17110 (55%)$4,99488 (44%)$1578 (4%)$111113 (57%)$54
2017-18104 (56%)$4,51778 (42%)$1885 (3%)$17278 (42%)$61
2018-19108 (41%)$5,301107 (41%)$1785 (2%)$164107 (41%)$59
2019-20149 (44%)$5,045146 (44%)$1736 (2%)$182146 (44%)$58
2020-21239 (55%)$3,795245 (57%)$1724 (1%)$530--
2021-22222 (48%)$3,974331 (72%)$7324 (1%)$3,698--
Average157 (53.89%)$4,620150 (48.33%)$2278 (3.00%)$917113 (45.57%)$54
*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, 215 (74.22 % of students) get any students loan help and its average loan amount is $215.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14217 (79%)$8,628217 (79%)$7,82114 (5%)$12,501
2014-15228 (86%)$8,570225 (85%)$7,77420 (8%)$10,250
2015-16200 (81%)$7,946199 (81%)$7,38111 (4%)$10,940
2016-17159 (80%)$8,125151 (76%)$7,61515 (8%)$9,463
2017-18139 (75%)$6,228139 (75%)$5,42911 (6%)$10,094
2018-19187 (71%)$7,760187 (71%)$6,76421 (8%)$8,870
2019-20203 (61%)$8,605195 (58%)$6,50448 (14%)$9,968
2020-21312 (72%)$9,113312 (72%)$8,32022 (5%)$11,247
2021-22287 (63%)$10,026286 (62%)$8,60730 (7%)$13,856
Average215 (74.22%)$8,333212 (73.22%)$7,35721 (7.22%)$10,799

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