Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 42, which is 82.33 % of all undergraduate students. 40 students which is 75.44% of undergraduate students received federal student loans and the average loan amount is $7,241.

For full-time, first-time beginning students (freshmen), 88.67% of students received grants or scholarships and 79% 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 Innovations Design Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 42, which is 82.33 % of all undergraduate students. 40 students which is 75.44% of undergraduate students received federal student loans and the average loan amount is $7,241.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1451 (76%)$6,20051 (76%)$5,11448 (72%)$7,277
2014-1562 (90%)$6,50962 (90%)$5,63866 (96%)$8,530
2015-1645 (79%)$4,79743 (75%)$4,59340 (70%)$6,120
2016-1758 (98%)$5,19555 (93%)$4,95955 (93%)$7,718
2017-1837 (80%)$5,37437 (80%)$5,24231 (67%)$7,784
2018-1928 (82%)$5,24228 (82%)$5,12216 (47%)$6,844
2019-2025 (74%)$4,94725 (74%)$4,91722 (65%)$6,622
2020-2140 (80%)$4,87739 (78%)$4,39238 (76%)$7,677
2021-2236 (82%)$5,25734 (77%)$5,04541 (93%)$6,597
Average42 (82.33%)$5,37842 (80.56%)$5,00240 (75.44%)$7,241
*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, 30 (88.67 % of students) received grants or scholarships and its average amount is $5,437. It can cover 29.67% of tuition & fees ($18,325).

In addition, 28 (79.33 % of students) students get helped from the students loans (average amount : $7,494).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1445 (82%)$6,31541 (75%)$6,911
2014-1557 (95%)$6,57257 (95%)$8,667
2015-1642 (79%)$4,76937 (70%)$6,197
2016-1750 (98%)$5,10147 (92%)$8,348
2017-1818 (95%)$5,81719 (100%)$8,663
2018-1915 (100%)$5,1006 (40%)$7,500
2019-2014 (82%)$4,71810 (59%)$6,871
2020-2117 (94%)$4,78815 (83%)$7,263
2021-2216 (73%)$5,75522 (100%)$7,030
Average30 (88.67%)$5,43728 (79.33%)$7,494
*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, 30 (87.22 % of students) received Pell (federal) grants and its average amount is $5,045.

In addition, 4 students received State/local government grants/scholarships (10.75 % 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
2013-1445 (82%)$5,085--7 (13%)$7,908--
2014-1557 (95%)$5,625--9 (15%)$5,997--
2015-1640 (75%)$4,547--7 (13%)$2,628--
2016-1748 (94%)$5,066--5 (10%)$2,378--
2017-1818 (95%)$5,637--2 (11%)$1,625--
2018-1915 (100%)$4,876--2 (13%)$1,3002 (13%)$375
2019-2014 (82%)$4,665----2 (12%)$375
2020-2117 (94%)$4,410--1 (6%)$6,430--
2021-2215 (68%)$5,490--1 (5%)$9,732--
Average30 (87.22%)$5,045--4 (10.75%)$4,7502 (12.50%)$375
*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, 28 (79.33 % of students) get any students loan help and its average loan amount is $28.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1441 (75%)$6,91141 (75%)$6,8731 (2%)$1,564
2014-1557 (95%)$8,66757 (95%)$8,3775 (8%)$3,300
2015-1637 (70%)$6,19737 (70%)$5,9542 (4%)$4,500
2016-1747 (92%)$8,34847 (92%)$8,0644 (8%)$3,334
2017-1819 (100%)$8,66319 (100%)$8,5001 (5%)$3,094
2018-196 (40%)$7,5006 (40%)$7,500--
2019-2010 (59%)$6,87110 (59%)$6,871--
2020-2115 (83%)$7,26315 (83%)$7,263--
2021-2222 (100%)$7,03022 (100%)$7,030--
Average28 (79.33%)$7,49428 (79.33%)$7,3813 (5.40%)$3,158