Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 120, which is 63.22 % of all undergraduate students. 156 students which is 84.22% of undergraduate students received federal student loans and the average loan amount is $6,759.

For full-time, first-time beginning students (freshmen), 68.67% of students received grants or scholarships and 90% 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 The Modern College of Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 120, which is 63.22 % of all undergraduate students. 156 students which is 84.22% of undergraduate students received federal student loans and the average loan amount is $6,759.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1462 (44%)$6,96955 (39%)$3,478126 (90%)$9,400
2014-1561 (42%)$7,83461 (42%)$4,533131 (90%)$6,407
2015-16135 (78%)$3,69363 (37%)$4,388139 (81%)$5,776
2016-17120 (61%)$5,04182 (42%)$4,140181 (92%)$5,839
2017-18145 (69%)$6,40694 (45%)$4,738172 (82%)$6,162
2018-19142 (68%)$5,90798 (47%)$4,709173 (82%)$5,928
2019-20130 (62%)$6,06681 (38%)$4,110165 (78%)$5,946
2020-21127 (66%)$6,75577 (40%)$4,531153 (80%)$7,357
2021-22154 (79%)$6,53694 (48%)$4,048161 (83%)$8,015
Average120 (63.22%)$6,13478 (42.00%)$4,297156 (84.22%)$6,759
*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, 54 (68.67 % of students) received grants or scholarships and its average amount is $6,046. It can cover 19.79% of tuition & fees ($30,548).

In addition, 70 (90.44 % of students) students get helped from the students loans (average amount : $7,840).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1453 (69%)$6,10870 (91%)$8,094
2014-1539 (58%)$6,45461 (91%)$7,888
2015-1663 (68%)$5,66088 (96%)$7,362
2016-1767 (68%)$5,93886 (88%)$8,190
2017-1888 (78%)$6,575104 (92%)$8,318
2018-1957 (69%)$6,64274 (89%)$7,938
2019-2053 (60%)$5,11773 (83%)$6,410
2020-2132 (67%)$7,27944 (92%)$8,102
2021-2230 (81%)$4,63934 (92%)$8,260
Average54 (68.67%)$6,04670 (90.44%)$7,840
*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, 40 (49.56 % of students) received Pell (federal) grants and its average amount is $4,242.

In addition, 7 students received State/local government grants/scholarships (8.00 % 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
2013-1439 (51%)$4,162----35 (45%)$4,612
2014-1539 (58%)$3,630--7 (10%)$1,80619 (28%)$5,132
2015-1643 (47%)$4,416--6 (7%)$1,54233 (36%)$4,770
2016-1767 (68%)$2,895--7 (7%)$3,95446 (47%)$3,830
2017-1859 (52%)$4,929--13 (12%)$2,48156 (50%)$4,564
2018-1941 (49%)$4,554--8 (10%)$1,26334 (41%)$5,347
2019-2030 (34%)$3,956----33 (38%)$4,621
2020-2125 (52%)$5,174--1 (2%)$8,57519 (40%)$5,000
2021-2213 (35%)$4,462----26 (70%)$3,122
Average40 (49.56%)$4,242--7 (8.00%)$3,27033 (43.89%)$4,555
*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, 70 (90.44 % of students) get any students loan help and its average loan amount is $70.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1470 (91%)$8,09470 (91%)$5,8968 (10%)$19,229
2014-1561 (91%)$7,88861 (91%)$6,3855 (7%)$18,336
2015-1688 (96%)$7,36288 (96%)$5,6718 (9%)$18,592
2016-1786 (88%)$8,19086 (88%)$5,75511 (11%)$19,040
2017-18104 (92%)$8,318104 (92%)$5,45513 (12%)$22,907
2018-1974 (89%)$7,93874 (89%)$5,5749 (11%)$19,435
2019-2073 (83%)$6,41070 (80%)$5,2185 (6%)$20,524
2020-2144 (92%)$8,10239 (81%)$6,3975 (10%)$21,401
2021-2234 (92%)$8,26034 (92%)$6,1573 (8%)$23,833
Average70 (90.44%)$7,84070 (88.89%)$5,8347 (9.33%)$20,366