How The Fab School'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 Fab School since 2013.

For that period, the average number of students who received grants aid/scholarships is 83, which is 35.22 % of all undergraduate students. 85 students which is 35.67% of undergraduate students received federal student loans and the average loan amount is $5,082.

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
2013-14	68 (38%)	$2,282	68 (38%)	$2,282	61 (34%)	$7,909
2014-15	86 (48%)	$5,682	55 (31%)	$2,746	68 (38%)	$4,450
2015-16	53 (29%)	$7,979	46 (25%)	$2,944	61 (33%)	$4,656
2016-17	115 (44%)	$2,703	110 (42%)	$2,710	113 (43%)	$3,722
2017-18	121 (41%)	$3,017	121 (41%)	$2,948	120 (41%)	$3,898
2018-19	103 (39%)	$3,606	103 (39%)	$3,416	105 (39%)	$4,683
2019-20	56 (24%)	$5,402	52 (22%)	$3,672	76 (32%)	$5,273
2020-21	75 (30%)	$5,532	73 (29%)	$4,516	92 (37%)	$5,492
2021-22	71 (24%)	$5,444	68 (23%)	$4,016	71 (24%)	$5,659
Average	83 (35.22%)	$4,627	77 (32.22%)	$3,250	85 (35.67%)	$5,082

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

Overview

For the last 10 years, on average, 36 (47.11 % of students) received grants or scholarships and its average amount is $3,416. It can cover 10.98% of tuition & fees ($31,125).

In addition, 44 (58.33 % of students) students get helped from the students loans (average amount : $4,920).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (70%)	$2,088	49 (98%)	$6,610
2014-15	12 (23%)	$2,611	16 (31%)	$4,564
2015-16	28 (56%)	$2,428	26 (52%)	$3,980
2016-17	40 (49%)	$3,507	45 (55%)	$4,324
2017-18	63 (58%)	$4,155	60 (56%)	$3,850
2018-19	51 (51%)	$4,099	73 (73%)	$4,430
2019-20	33 (45%)	$3,798	51 (69%)	$5,127
2020-21	36 (38%)	$3,946	41 (43%)	$5,646
2021-22	27 (34%)	$4,116	38 (48%)	$5,751
Average	36 (47.11%)	$3,416	44 (58.33%)	$4,920

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 36 (47.11 % of students) received Pell (federal) grants and its average amount is $3,295.

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
2013-14	35 (70%)	$2,088	-	-	-	-	-	-
2014-15	12 (23%)	$2,611	-	-	-	-	-	-
2015-16	28 (56%)	$2,428	-	-	-	-	-	-
2016-17	40 (49%)	$3,354	22 (27%)	$278	-	-	-	-
2017-18	63 (58%)	$4,104	15 (14%)	$213	-	-	-	-
2018-19	51 (51%)	$3,957	15 (15%)	$483	-	-	-	-
2019-20	33 (45%)	$3,579	9 (12%)	$801	-	-	-	-
2020-21	36 (38%)	$3,684	8 (8%)	$1,176	-	-	-	-
2021-22	27 (34%)	$3,847	11 (14%)	$659	-	-	-	-
Average	36 (47.11%)	$3,295	13 (15.00%)	$602	-	-	-	-

^*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..

Student Loans

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, 44 (58.33 % of students) get any students loan help and its average loan amount is $44.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	49 (98%)	$6,610	49 (98%)	$6,610	-	-
2014-15	16 (31%)	$4,564	16 (31%)	$4,564	-	-
2015-16	26 (52%)	$3,980	26 (52%)	$3,980	-	-
2016-17	45 (55%)	$4,324	45 (55%)	$4,324	-	-
2017-18	60 (56%)	$3,850	60 (56%)	$3,850	-	-
2018-19	73 (73%)	$4,430	73 (73%)	$4,430	-	-
2019-20	51 (69%)	$5,127	51 (69%)	$5,127	-	-
2020-21	41 (43%)	$5,646	41 (43%)	$5,646	-	-
2021-22	38 (48%)	$5,751	38 (48%)	$5,751	-	-
Average	44 (58.33%)	$4,920	44 (58.33%)	$4,920	-	-

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Scholarships, Grants, and Loan Trends at The Fab School

All Undergraduate Students Financial Aid Over Time

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