How The Art Institute of Austin's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at The Art Institute of Austin since 2011.

For that period, the average number of students who received grants aid/scholarships is 722, which is 82.55 % of all undergraduate students. 618 students which is 64.55% of undergraduate students received federal student loans and the average loan amount is $7,974.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	1,264 (75%)	$4,080	919 (54%)	$3,844	1,346 (79%)	$8,706
2012-13	1,188 (76%)	$4,499	883 (57%)	$4,053	1,212 (78%)	$9,524
2013-14	1,112 (79%)	$3,981	799 (57%)	$3,240	1,026 (73%)	$7,716
2014-15	982 (83%)	$4,782	705 (59%)	$3,526	835 (70%)	$7,525
2015-16	983 (94%)	$5,357	607 (58%)	$3,380	724 (69%)	$6,825
2016-17	785 (96%)	$9,188	483 (59%)	$3,448	550 (67%)	$6,857
2017-18	602 (94%)	$6,753	376 (59%)	$4,159	393 (62%)	$8,574
2018-19	426 (78%)	$7,287	288 (53%)	$4,203	318 (58%)	$8,114
2019-20	326 (85%)	$6,814	184 (48%)	$4,533	218 (57%)	$8,081
2020-21	178 (75%)	$6,236	100 (42%)	$4,643	115 (49%)	$7,961
2021-22	95 (73%)	$6,176	58 (44%)	$4,588	63 (48%)	$7,834
Average	722 (82.55%)	$5,923	491 (53.64%)	$3,965	618 (64.55%)	$7,974

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 86 (88.45 % of students) received grants or scholarships and its average amount is $6,332. It can cover 30.45% of tuition & fees ($20,794).

In addition, 78 (75.91 % of students) students get helped from the students loans (average amount : $7,654).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	205 (78%)	$4,463	198 (76%)	$7,525
2012-13	146 (83%)	$4,811	147 (84%)	$8,273
2013-14	153 (94%)	$4,875	144 (88%)	$8,620
2014-15	106 (95%)	$7,030	96 (86%)	$7,342
2015-16	89 (97%)	$7,248	82 (89%)	$6,810
2016-17	79 (96%)	$5,930	62 (76%)	$6,149
2017-18	60 (94%)	$6,717	48 (75%)	$7,339
2018-19	42 (88%)	$6,380	36 (75%)	$7,704
2019-20	34 (81%)	$6,789	21 (50%)	$7,870
2020-21	21 (81%)	$6,757	17 (65%)	$8,664
2021-22	6 (86%)	$8,647	5 (71%)	$7,900
Average	86 (88.45%)	$6,332	78 (75.91%)	$7,654

^*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 12 years, on average, 60 (64.09 % of students) received Pell (federal) grants and its average amount is $4,712.

In addition, 5 students received State/local government grants/scholarships (4.86 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	142 (54%)	$3,944	24 (9%)	$868	3 (1%)	$9,419	149 (57%)	$2,052
2012-13	107 (61%)	$4,130	25 (14%)	$1,282	2 (1%)	$2,076	118 (67%)	$1,900
2013-14	105 (64%)	$4,366	30 (18%)	$838	3 (2%)	$7,966	139 (85%)	$1,715
2014-15	72 (65%)	$4,831	22 (20%)	$761	2 (2%)	$9,004	104 (94%)	$3,486
2015-16	64 (70%)	$4,956	21 (23%)	$1,428	3 (3%)	$1,076	85 (92%)	$3,467
2016-17	48 (59%)	$4,762	10 (12%)	$1,571	19 (23%)	$1,215	75 (91%)	$2,681
2017-18	44 (69%)	$5,319	27 (42%)	$1,611	1 (2%)	$7,990	52 (81%)	$2,260
2018-19	31 (65%)	$4,770	8 (17%)	$1,969	-	-	41 (85%)	$2,546
2019-20	21 (50%)	$4,788	8 (19%)	$8,816	-	-	25 (60%)	$2,390
2020-21	16 (62%)	$5,262	6 (23%)	$2,250	-	-	17 (65%)	$2,600
2021-22	6 (86%)	$4,703	1 (14%)	$1,500	-	-	4 (57%)	$5,542
Average	60 (64.09%)	$4,712	17 (19.18%)	$2,081	5 (4.86%)	$5,535	74 (75.82%)	$2,785

^*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 12 years, on average, 78 (75.91 % of students) get any students loan help and its average loan amount is $78.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	198 (76%)	$7,525	198 (76%)	$6,788	11 (4%)	$13,257
2012-13	147 (84%)	$8,273	147 (84%)	$8,017	4 (2%)	$9,400
2013-14	144 (88%)	$8,620	144 (88%)	$7,729	14 (9%)	$9,162
2014-15	96 (86%)	$7,342	96 (86%)	$6,891	5 (5%)	$8,659
2015-16	82 (89%)	$6,810	82 (89%)	$6,581	1 (1%)	$18,814
2016-17	62 (76%)	$6,149	62 (76%)	$6,149	-	-
2017-18	48 (75%)	$7,339	48 (75%)	$7,339	-	-
2018-19	36 (75%)	$7,704	36 (75%)	$7,704	-	-
2019-20	21 (50%)	$7,870	21 (50%)	$7,870	-	-
2020-21	17 (65%)	$8,664	17 (65%)	$8,664	-	-
2021-22	5 (71%)	$7,900	5 (71%)	$7,900	-	-
Average	78 (75.91%)	$7,654	78 (75.91%)	$7,421	7 (4.20%)	$11,858

Scholarships, Grants, and Loan Trends at The Art Institute of Austin

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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