Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 857, which is 74.11 % of all undergraduate students. 747 students which is 63.89% of undergraduate students received federal student loans and the average loan amount is $9,972.

For full-time, first-time beginning students (freshmen), 88.00% of students received grants or scholarships and 77% 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 Rocky Mountain College of Art and Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 857, which is 74.11 % of all undergraduate students. 747 students which is 63.89% of undergraduate students received federal student loans and the average loan amount is $9,972.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14557 (75%)$6,555286 (39%)$3,445499 (68%)$10,541
2014-15870 (85%)$6,638506 (50%)$2,152699 (69%)$5,152
2015-16936 (87%)$2,636474 (44%)$3,734682 (63%)$10,263
2016-17691 (76%)$5,534389 (43%)$4,015573 (63%)$11,668
2017-18640 (74%)$9,533387 (45%)$5,543536 (62%)$11,091
2018-19706 (67%)$5,332500 (47%)$5,195688 (65%)$10,302
2019-201,068 (73%)$4,798718 (49%)$5,207918 (63%)$10,284
2020-211,074 (66%)$5,204728 (45%)$5,4201,000 (61%)$10,414
2021-221,171 (64%)$5,150887 (48%)$5,1191,127 (61%)$10,030
Average857 (74.11%)$5,709542 (45.56%)$4,426747 (63.89%)$9,972
*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, 58 (88.00 % of students) received grants or scholarships and its average amount is $4,885. It can cover 20.59% of tuition & fees ($23,720).

In addition, 51 (76.78 % of students) students get helped from the students loans (average amount : $9,548).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1447 (100%)$2,49534 (72%)$9,106
2014-1518 (100%)$2,50216 (89%)$5,245
2015-1668 (89%)$4,10866 (87%)$8,189
2016-1742 (95%)$4,77334 (77%)$9,615
2017-1850 (78%)$5,41248 (75%)$10,538
2018-1953 (76%)$6,08850 (71%)$10,380
2019-2069 (86%)$6,07155 (69%)$10,133
2020-2166 (88%)$6,48353 (71%)$10,419
2021-22105 (80%)$6,033105 (80%)$12,304
Average58 (88.00%)$4,88551 (76.78%)$9,548
*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, 38 (59.11 % of students) received Pell (federal) grants and its average amount is $4,299.

In addition, 5 students received State/local government grants/scholarships (7.44 % 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
2013-1423 (49%)$3,086--2 (4%)$1,50030 (64%)$1,443
2014-1515 (83%)$2,502--1 (6%)$1,0004 (22%)$1,630
2015-1646 (61%)$2,979--7 (9%)$1,00068 (89%)$1,990
2016-1732 (73%)$3,087--2 (5%)$2,00037 (84%)$2,640
2017-1835 (55%)$4,1157 (11%)$1,40615 (23%)$1,88529 (45%)$3,051
2018-1934 (49%)$5,30910 (14%)$1,5946 (9%)$2,00035 (50%)$3,264
2019-2047 (59%)$5,8839 (11%)$1,0631 (1%)$2,00054 (68%)$2,423
2020-2136 (48%)$5,9517 (9%)$1,1254 (5%)$2,00058 (77%)$3,410
2021-2272 (55%)$5,78213 (10%)$1,1257 (5%)$2,00079 (60%)$2,387
Average38 (59.11%)$4,2999 (11.00%)$1,2635 (7.44%)$1,70944 (62.11%)$2,471
*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, 51 (76.78 % of students) get any students loan help and its average loan amount is $51.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1434 (72%)$9,10634 (72%)$7,8824 (9%)$10,400
2014-1516 (89%)$5,24516 (89%)$5,245--
2015-1666 (87%)$8,18966 (87%)$8,189--
2016-1734 (77%)$9,61534 (77%)$9,4931 (2%)$4,160
2017-1848 (75%)$10,53848 (75%)$9,3813 (5%)$18,520
2018-1950 (71%)$10,38050 (71%)$9,3214 (6%)$13,237
2019-2055 (69%)$10,13354 (68%)$8,4336 (8%)$16,990
2020-2153 (71%)$10,41953 (71%)$9,1317 (9%)$9,750
2021-22105 (80%)$12,304105 (80%)$8,85522 (17%)$16,462
Average51 (76.78%)$9,54851 (76.67%)$8,4377 (8.00%)$12,788