Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,378, which is 73.22 % of all undergraduate students. 1,055 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $7,472.

For full-time, first-time beginning students (freshmen), 87.22% of students received grants or scholarships and 66% 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 Massachusetts College of Art and Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,378, which is 73.22 % of all undergraduate students. 1,055 students which is 55.44% of undergraduate students received federal student loans and the average loan amount is $7,472.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,118 (53%)$7,613563 (27%)$4,5251,205 (57%)$7,182
2014-151,076 (55%)$8,418532 (27%)$4,6231,081 (55%)$7,108
2015-161,109 (59%)$8,797507 (27%)$4,498999 (53%)$6,935
2016-171,248 (72%)$9,097505 (29%)$4,5201,040 (60%)$6,947
2017-181,431 (74%)$8,619568 (29%)$4,6701,087 (56%)$6,811
2018-191,522 (78%)$7,870554 (28%)$4,7051,074 (55%)$9,723
2019-201,607 (82%)$7,338550 (28%)$4,6561,104 (56%)$6,728
2020-211,569 (89%)$7,186547 (31%)$5,122937 (53%)$9,552
2021-221,723 (97%)$7,460484 (27%)$4,701965 (54%)$6,261
Average1,378 (73.22%)$8,044534 (28.11%)$4,6691,055 (55.44%)$7,472
*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, 316 (87.22 % of students) received grants or scholarships and its average amount is $8,181. It can cover 19.40% of tuition & fees ($42,180) based on out-of-state rate.

In addition, 238 (66.00 % of students) students get helped from the students loans (average amount : $9,961).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14271 (74%)$7,503235 (64%)$9,505
2014-15250 (76%)$9,810226 (69%)$8,331
2015-16236 (81%)$9,227193 (66%)$8,971
2016-17345 (92%)$9,665270 (72%)$9,547
2017-18397 (94%)$7,345293 (69%)$10,038
2018-19337 (93%)$6,325231 (64%)$9,835
2019-20322 (85%)$8,100236 (62%)$12,049
2020-21299 (90%)$7,161212 (64%)$11,338
2021-22384 (100%)$8,494244 (64%)$10,039
Average316 (87.22%)$8,181238 (66.00%)$9,961
*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, 107 (29.67 % of students) received Pell (federal) grants and its average amount is $4,581.

In addition, 93 students received State/local government grants/scholarships (25.56 % 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
2013-1486 (23%)$4,3361 (0%)$3,00055 (15%)$983240 (66%)$6,680
2014-15100 (30%)$4,6319 (3%)$2,73377 (23%)$1,559208 (63%)$8,869
2015-1690 (31%)$4,1837 (2%)$1,67172 (25%)$2,983203 (70%)$7,757
2016-17109 (29%)$4,51310 (3%)$2,06076 (20%)$3,123326 (87%)$7,928
2017-18145 (34%)$4,69316 (4%)$2,563177 (42%)$1,720350 (83%)$5,400
2018-19107 (30%)$4,59611 (3%)$2,51888 (24%)$1,972326 (90%)$4,413
2019-20112 (30%)$5,1869 (2%)$3,00093 (25%)$2,821299 (79%)$5,813
2020-21106 (32%)$4,622270 (82%)$51195 (29%)$3,746228 (69%)$5,076
2021-22109 (28%)$4,465384 (100%)$1,634102 (27%)$4,635289 (75%)$5,796
Average107 (29.67%)$4,58180 (24.88%)$2,18893 (25.56%)$2,616274 (75.78%)$6,415
*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, 238 (66.00 % of students) get any students loan help and its average loan amount is $238.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14235 (64%)$9,505227 (62%)$5,83566 (18%)$13,775
2014-15226 (69%)$8,331222 (68%)$5,75746 (14%)$13,145
2015-16193 (66%)$8,971186 (64%)$5,51152 (18%)$13,582
2016-17270 (72%)$9,547264 (71%)$5,66471 (19%)$15,242
2017-18293 (69%)$10,038286 (68%)$5,47584 (20%)$16,372
2018-19231 (64%)$9,835226 (62%)$5,40262 (17%)$16,953
2019-20236 (62%)$12,049229 (61%)$5,50077 (20%)$20,572
2020-21212 (64%)$11,338206 (62%)$5,26369 (21%)$19,122
2021-22244 (64%)$10,039241 (63%)$5,29155 (14%)$21,353
Average238 (66.00%)$9,961232 (64.56%)$5,52265 (17.89%)$16,680

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