Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 175, which is 98.44 % of all undergraduate students. 97 students which is 54.33% of undergraduate students received federal student loans and the average loan amount is $7,579.

For full-time, first-time beginning students (freshmen), 97.22% of students received grants or scholarships and 63% 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 Pennsylvania Academy of the Fine Arts since 2013.

For that period, the average number of students who received grants aid/scholarships is 175, which is 98.44 % of all undergraduate students. 97 students which is 54.33% of undergraduate students received federal student loans and the average loan amount is $7,579.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14191 (96%)$13,12287 (44%)$4,542127 (64%)$7,597
2014-15160 (95%)$16,22771 (42%)$4,731110 (65%)$7,397
2015-16190 (97%)$17,49371 (36%)$4,756112 (57%)$8,065
2016-17191 (100%)$17,79153 (28%)$4,98699 (52%)$7,372
2017-18195 (100%)$18,48064 (33%)$4,740100 (51%)$7,516
2018-19199 (100%)$21,14961 (31%)$5,07395 (48%)$8,418
2019-20193 (100%)$21,74555 (28%)$4,54799 (51%)$7,182
2020-21134 (100%)$24,32340 (30%)$5,20167 (50%)$7,159
2021-22119 (98%)$25,11941 (34%)$4,94762 (51%)$7,503
Average175 (98.44%)$19,49460 (34.00%)$4,83697 (54.33%)$7,579
*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, 29 (97.22 % of students) received grants or scholarships and its average amount is $19,001. It can cover 42.60% of tuition & fees ($44,600).

In addition, 19 (62.89 % of students) students get helped from the students loans (average amount : $7,594).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1439 (100%)$13,68128 (72%)$5,804
2014-1521 (100%)$16,02017 (81%)$10,210
2015-1635 (95%)$15,69216 (43%)$6,875
2016-1738 (100%)$16,07024 (63%)$8,625
2017-1836 (100%)$18,18133 (92%)$9,222
2018-1933 (100%)$22,93913 (39%)$6,779
2019-2031 (100%)$22,80920 (65%)$9,213
2020-2118 (100%)$29,52811 (61%)$5,864
2021-228 (80%)$16,0875 (50%)$5,750
Average29 (97.22%)$19,00119 (62.89%)$7,594
*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, 8 (28.78 % of students) received Pell (federal) grants and its average amount is $4,429.

In addition, 4 students received State/local government grants/scholarships (12.71 % 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
2013-1411 (28%)$5,4868 (21%)$5005 (13%)$2,68037 (95%)$12,320
2014-1510 (48%)$4,6255 (24%)$1,0004 (19%)$4,01021 (100%)$12,816
2015-1610 (27%)$4,2775 (14%)$8003 (8%)$3,06034 (92%)$14,508
2016-179 (24%)$4,4086 (16%)$8332 (5%)$3,62836 (95%)$15,521
2017-189 (25%)$4,2685 (14%)$7005 (14%)$3,21336 (100%)$16,570
2018-196 (18%)$5,1284 (12%)$469--33 (100%)$21,950
2019-2011 (35%)$4,3196 (19%)$7294 (13%)$3,60729 (94%)$22,096
2020-218 (44%)$5,50114 (78%)$1,0823 (17%)$4,52418 (100%)$25,488
2021-221 (10%)$1,845----8 (80%)$15,856
Average8 (28.78%)$4,4297 (24.75%)$7644 (12.71%)$3,53228 (95.11%)$17,458
*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, 19 (62.89 % of students) get any students loan help and its average loan amount is $19.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1428 (72%)$5,80428 (72%)$5,3751 (3%)$12,000
2014-1517 (81%)$10,21017 (81%)$6,0294 (19%)$17,767
2015-1616 (43%)$6,87516 (43%)$5,8751 (3%)$16,000
2016-1724 (63%)$8,62518 (47%)$5,1116 (16%)$19,168
2017-1833 (92%)$9,22227 (75%)$5,0388 (22%)$21,038
2018-1913 (39%)$6,77913 (39%)$5,2041 (3%)$20,469
2019-2020 (65%)$9,21320 (65%)$5,3883 (10%)$25,500
2020-2111 (61%)$5,86411 (61%)$5,864--
2021-225 (50%)$5,7505 (50%)$5,750--
Average19 (62.89%)$7,59417 (59.22%)$5,5153 (10.86%)$18,849

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