Over the past 7 years (2018-2023), the average number of students who received grants aid/scholarships is 115, which is 28.17 % of all undergraduate students. 53 students which is 10.83% of undergraduate students received federal student loans and the average loan amount is $5,264.
For full-time, first-time beginning students (freshmen), 51.17% of students received grants or scholarships and 23% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at California Institute of Arts & Technology since 2017.
For that period, the average number of students who received grants aid/scholarships is 115, which is 28.17 % of all undergraduate students. 53 students which is 10.83% of undergraduate students received federal student loans and the average loan amount is $5,264.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | 77 (12%) | $3,419 | 77 (12%) | $3,419 | 36 (5%) | $2,734 |
| 2018-19 | 45 (9%) | $3,459 | 44 (9%) | $3,379 | 18 (4%) | $4,874 |
| 2019-20 | 48 (13%) | $6,190 | 48 (13%) | $6,190 | 20 (5%) | $8,429 |
| 2020-21 | 231 (73%) | $3,886 | 38 (12%) | $6,100 | 50 (16%) | $7,839 |
| 2021-22 | 165 (30%) | $5,162 | 90 (16%) | $5,425 | 190 (34%) | $5,618 |
| 2022-23 | 123 (32%) | $6,064 | 121 (31%) | $6,130 | 2 (1%) | $2,089 |
| Average | 115 (28.17%) | $4,697 | 70 (15.50%) | $5,107 | 53 (10.83%) | $5,264 |
For the last 7 years, on average, 51 (51.17 % of students) received grants or scholarships and its average amount is $5,366. It can cover 24.10% of tuition & fees ($22,270).
In addition, 23 (23.40 % of students) students get helped from the students loans (average amount : $6,131).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | 3 (6%) | $5,920 | - | - |
| 2018-19 | 12 (21%) | $2,748 | 6 (10%) | $4,252 |
| 2019-20 | 9 (31%) | $7,817 | 4 (14%) | $10,839 |
| 2020-21 | 45 (68%) | $4,549 | 14 (21%) | $6,876 |
| 2021-22 | 123 (95%) | $4,881 | 92 (71%) | $4,909 |
| 2022-23 | 113 (86%) | $6,282 | 1 (1%) | $3,777 |
| Average | 51 (51.17%) | $5,366 | 23 (23.40%) | $6,131 |
The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 34 (34.00 % of students) received Pell (federal) grants and its average amount is $5,851.
In addition, 55 students received State/local government grants/scholarships (56.00 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | 3 (6%) | $5,920 | - | - | - | - | - | - |
| 2018-19 | 12 (21%) | $2,748 | - | - | - | - | - | - |
| 2019-20 | 9 (31%) | $7,817 | - | - | - | - | - | - |
| 2020-21 | 9 (14%) | $6,481 | - | - | 36 (55%) | $4,066 | - | - |
| 2021-22 | 59 (46%) | $5,859 | - | - | 73 (57%) | $3,489 | - | - |
| 2022-23 | 113 (86%) | $6,282 | - | - | - | - | - | - |
| Average | 34 (34.00%) | $5,851 | - | - | 55 (56.00%) | $3,778 | - | - |
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 7 years, on average, 23 (23.40 % of students) get any students loan help and its average loan amount is $23.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | - | - | - | - | - | - |
| 2018-19 | 6 (10%) | $4,252 | 6 (10%) | $4,252 | - | - |
| 2019-20 | 4 (14%) | $10,839 | 2 (7%) | $9,407 | 2 (7%) | $12,270 |
| 2020-21 | 14 (21%) | $6,876 | 11 (17%) | $6,599 | 3 (5%) | $7,891 |
| 2021-22 | 92 (71%) | $4,909 | 83 (64%) | $5,129 | 12 (9%) | $2,158 |
| 2022-23 | 1 (1%) | $3,777 | 1 (1%) | $3,777 | - | - |
| Average | 23 (23.40%) | $6,131 | 21 (19.80%) | $5,833 | 6 (7.00%) | $7,440 |
Share your experiences and thoughts about California Institute of Arts & Technology. It will be a great help to applicants and prospective students!