Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 25, which is 62.71 % of all undergraduate students. 18 students which is 47.86% of undergraduate students received federal student loans and the average loan amount is $8,517.

For full-time, first-time beginning students (freshmen), 76.00% of students received grants or scholarships and 68% 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 Theatre of Arts since 2015.

For that period, the average number of students who received grants aid/scholarships is 25, which is 62.71 % of all undergraduate students. 18 students which is 47.86% of undergraduate students received federal student loans and the average loan amount is $8,517.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-168 (19%)$2,9573 (7%)$1,3201 (2%)$9,500
2016-1742 (89%)$7,99432 (68%)$4,99234 (72%)$8,392
2017-1835 (65%)$7,91930 (56%)$4,98922 (41%)$8,446
2018-1924 (69%)$6,02220 (57%)$5,24319 (54%)$7,809
2019-2024 (53%)$5,75520 (44%)$4,57615 (33%)$9,100
2020-2126 (96%)$6,37523 (85%)$5,51224 (89%)$8,375
2021-2213 (48%)$7,32512 (44%)$5,97812 (44%)$8,000
Average25 (62.71%)$6,33520 (51.57%)$4,65918 (47.86%)$8,517
*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 8 years, on average, 5 (76.00 % of students) received grants or scholarships and its average amount is $6,628. It can cover 30.21% of tuition & fees ($21,940).

In addition, 4 (68.40 % of students) students get helped from the students loans (average amount : $7,118).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-162 (33%)$3,313--
2016-177 (100%)$7,1066 (86%)$8,167
2017-185 (100%)$8,7164 (80%)$6,424
2018-192 (40%)$7,2452 (40%)$5,332
2019-205 (83%)$6,1583 (50%)$8,167
2020-217 (100%)$7,2276 (86%)$7,500
2021-22----
Average5 (76.00%)$6,6284 (68.40%)$7,118
*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 8 years, on average, 4 (60.17 % of students) received Pell (federal) grants and its average amount is $4,429.

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
2015-161 (17%)$626----2 (33%)$3,000
2016-175 (71%)$4,649----6 (86%)$4,417
2017-184 (80%)$4,8453 (60%)$400--5 (100%)$4,600
2018-192 (40%)$6,0952 (40%)$150--1 (20%)$2,000
2019-204 (67%)$4,8232 (33%)$2,000--2 (33%)$3,750
2020-216 (86%)$5,5346 (86%)$1,746--3 (43%)$2,303
2021-22--------
Average4 (60.17%)$4,4293 (54.75%)$1,074--3 (52.50%)$3,345
*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 8 years, on average, 4 (68.40 % of students) get any students loan help and its average loan amount is $4.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-16------
2016-176 (86%)$8,1676 (86%)$8,167--
2017-184 (80%)$6,4244 (80%)$6,424--
2018-192 (40%)$5,3322 (40%)$5,332--
2019-203 (50%)$8,1673 (50%)$8,167--
2020-216 (86%)$7,5006 (86%)$7,500--
2021-22------
Average4 (68.40%)$7,1184 (68.40%)$7,118--

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