Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 47, which is 32.56 % of all undergraduate students. 73 students which is 50.44% of undergraduate students received federal student loans and the average loan amount is $5,026.

For full-time, first-time beginning students (freshmen), 40.83% of students received grants or scholarships and 59% 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 Omega Studios' School of Applied Recording Arts & Sciences since 2013.

For that period, the average number of students who received grants aid/scholarships is 47, which is 32.56 % of all undergraduate students. 73 students which is 50.44% of undergraduate students received federal student loans and the average loan amount is $5,026.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1437 (29%)$4,99131 (24%)$3,66169 (54%)$6,461
2014-1536 (24%)$4,23536 (24%)$3,95763 (43%)$6,740
2015-1665 (41%)$4,17065 (41%)$4,170107 (68%)$6,166
2016-1738 (27%)$3,01637 (26%)$2,96343 (30%)$3,611
2017-1865 (43%)$4,09465 (43%)$4,013102 (68%)$5,770
2018-1951 (35%)$3,38251 (35%)$3,38277 (52%)$4,149
2019-2030 (20%)$3,11430 (20%)$2,86462 (41%)$3,505
2020-2151 (35%)$3,79247 (32%)$4,07286 (59%)$5,449
2021-2251 (39%)$1,86732 (24%)$2,64851 (39%)$3,379
Average47 (32.56%)$3,62944 (29.89%)$3,52673 (50.44%)$5,026
*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, 14 (40.83 % of students) received grants or scholarships and its average amount is $3,927. It can cover 11.71% of tuition & fees ($33,524).

In addition, 20 (59.00 % of students) students get helped from the students loans (average amount : $6,709).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-1515 (43%)$4,46020 (57%)$12,919
2015-1616 (57%)$4,66223 (82%)$6,606
2016-1712 (32%)$3,81112 (32%)$6,158
2017-1814 (47%)$4,15223 (77%)$5,634
2018-1917 (45%)$3,49820 (53%)$5,707
2019-208 (21%)$2,97720 (53%)$3,228
2020-21----
2021-22----
Average14 (40.83%)$3,92720 (59.00%)$6,709
*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, 14 (40.50 % of students) received Pell (federal) grants and its average amount is $3,738.

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
2013-14--------
2014-1515 (43%)$3,794----2 (6%)$5,000
2015-1616 (57%)$4,662------
2016-1711 (30%)$3,702----1 (3%)$5,000
2017-1814 (47%)$3,795----1 (3%)$5,000
2018-1917 (45%)$3,498------
2019-208 (21%)$2,977------
2020-21--------
2021-22--------
Average14 (40.50%)$3,738----1 (4.00%)$5,000
*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, 20 (59.00 % of students) get any students loan help and its average loan amount is $20.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-1520 (57%)$12,91920 (57%)$6,9528 (23%)$14,916
2015-1623 (82%)$6,60623 (82%)$5,5882 (7%)$11,712
2016-1712 (32%)$6,1589 (24%)$3,1913 (8%)$15,061
2017-1823 (77%)$5,63423 (77%)$4,9691 (3%)$15,307
2018-1920 (53%)$5,70720 (53%)$4,4162 (5%)$12,913
2019-2020 (53%)$3,22820 (53%)$3,228--
2020-21------
2021-22------
Average20 (59.00%)$6,70919 (57.67%)$4,7243 (9.20%)$13,982

Ratings & Review

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