Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 374, which is 97.80 % of all undergraduate students. 319 students which is 83.00% of undergraduate students received federal student loans and the average loan amount is $6,997.

For full-time, first-time beginning students (freshmen), 99.60% of students received grants or scholarships and 88% 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 New Hampshire Institute of Art since 2013.

For that period, the average number of students who received grants aid/scholarships is 374, which is 97.80 % of all undergraduate students. 319 students which is 83.00% of undergraduate students received federal student loans and the average loan amount is $6,997.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14452 (98%)$13,874181 (39%)$4,267391 (85%)$7,408
2014-15405 (91%)$8,630171 (38%)$4,041360 (81%)$6,668
2015-16380 (100%)$11,034175 (46%)$4,022335 (88%)$6,680
2016-17343 (100%)$11,192146 (43%)$4,210269 (78%)$7,342
2017-18289 (100%)$12,089133 (46%)$4,068242 (83%)$6,886
Average374 (97.80%)$11,364161 (42.40%)$4,122319 (83.00%)$6,997
*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 6 years, on average, 76 (99.60 % of students) received grants or scholarships and its average amount is $11,629. It can cover 41.41% of tuition & fees ($28,080).

In addition, 68 (88.00 % of students) students get helped from the students loans (average amount : $7,354).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1479 (98%)$9,84070 (86%)$6,374
2014-1585 (100%)$11,39271 (84%)$6,801
2015-1693 (100%)$16,29888 (95%)$5,640
2016-1765 (100%)$9,33855 (85%)$10,528
2017-1860 (100%)$11,27654 (90%)$7,425
Average76 (99.60%)$11,62968 (88.00%)$7,354
*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 6 years, on average, 38 (49.20 % of students) received Pell (federal) grants and its average amount is $4,341.

In addition, 9 students received State/local government grants/scholarships (11.80 % 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
2013-1440 (49%)$4,59819 (23%)$27219 (23%)$63378 (96%)$7,388
2014-1540 (47%)$4,20423 (27%)$27211 (13%)$93985 (100%)$9,219
2015-1653 (57%)$4,39027 (29%)$4274 (4%)$6,41693 (100%)$13,396
2016-1730 (46%)$4,82017 (26%)$1594 (6%)$77565 (100%)$7,024
2017-1828 (47%)$3,6949 (15%)$4238 (13%)$1,62560 (100%)$9,273
Average38 (49.20%)$4,34119 (24.00%)$3119 (11.80%)$2,07876 (99.20%)$9,260
*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 6 years, on average, 68 (88.00 % of students) get any students loan help and its average loan amount is $68.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1470 (86%)$6,37470 (86%)$6,374--
2014-1571 (84%)$6,80171 (84%)$5,9374 (5%)$15,340
2015-1688 (95%)$5,64088 (95%)$5,640--
2016-1755 (85%)$10,52855 (85%)$5,38115 (23%)$18,873
2017-1854 (90%)$7,42554 (90%)$5,5476 (10%)$16,906
Average68 (88.00%)$7,35468 (88.00%)$5,7768 (12.67%)$17,040

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