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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at American Academy of Art College since 2011.
For that period, the average number of students who received grants aid/scholarships is 200, which is 67.73 % of all undergraduate students. 251 students which is 83.09% of undergraduate students received federal student loans and the average loan amount is $7,771.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12266 (58%)$6,307238 (52%)$3,453394 (85%)$7,081
2012-13236 (55%)$6,122209 (48%)$3,581363 (84%)$7,637
2013-14362 (89%)$4,422217 (53%)$3,951340 (84%)$8,540
2014-15217 (59%)$6,397202 (55%)$3,822312 (85%)$8,109
2015-16188 (59%)$5,732176 (56%)$3,821269 (85%)$7,666
2016-17191 (64%)$6,715169 (57%)$3,710251 (85%)$7,505
2017-18181 (70%)$7,404151 (58%)$3,818223 (86%)$7,478
2018-19170 (70%)$8,621144 (60%)$3,978192 (79%)$7,750
2019-20197 (96%)$7,130113 (55%)$3,944163 (80%)$7,946
2020-21102 (60%)$9,70586 (51%)$4,015136 (80%)$7,610
2021-2294 (65%)$8,65184 (58%)$4,200118 (81%)$8,164
Average200 (67.73%)$7,019163 (54.82%)$3,845251 (83.09%)$7,771

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 38 (70.45 % of students) received grants or scholarships and its average amount is $11,302. It can cover 28.60% of tuition & fees ($39,510).
In addition, 46 (82.73 % of students) students get helped from the students loans (average amount : $9,898).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1265 (67%)$8,23281 (84%)$9,274
2012-1346 (57%)$8,76366 (81%)$11,997
2013-1450 (67%)$8,48467 (89%)$9,957
2014-1537 (54%)$8,53259 (86%)$9,312
2015-1634 (58%)$9,55550 (85%)$9,734
2016-1745 (80%)$10,98945 (80%)$10,736
2017-1832 (80%)$11,71136 (90%)$7,683
2018-1940 (82%)$15,07840 (82%)$7,654
2019-2037 (95%)$13,28029 (74%)$9,065
2020-2118 (67%)$19,20619 (70%)$8,985
2021-2213 (68%)$10,48717 (89%)$14,483
Average38 (70.45%)$11,30246 (82.73%)$9,898
*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, 30 (54.82 % of students) received Pell (federal) grants and its average amount is $4,459.
In addition, 25 students received State/local government grants/scholarships (45.09 % 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
2011-1258 (60%)$4,09733 (34%)$43149 (51%)$4,0948 (8%)$10,336
2012-1340 (49%)$4,55324 (30%)$50631 (38%)$3,8848 (10%)$11,056
2013-1439 (52%)$5,06429 (39%)$44429 (39%)$4,1908 (11%)$11,544
2014-1534 (49%)$4,21114 (20%)$32725 (36%)$4,0354 (6%)$16,763
2015-1630 (51%)$4,45717 (29%)$32221 (36%)$4,0758 (14%)$12,513
2016-1736 (64%)$4,30922 (39%)$25033 (59%)$4,10016 (29%)$12,409
2017-1825 (63%)$4,48819 (48%)$49416 (40%)$3,62113 (33%)$15,018
2018-1928 (57%)$4,77022 (45%)$34626 (53%)$4,13222 (45%)$16,114
2019-2021 (54%)$4,17934 (87%)$98319 (49%)$4,56217 (44%)$16,676
2020-2111 (41%)$4,62211 (41%)$62310 (37%)$4,44115 (56%)$16,240
2021-2212 (63%)$4,30212 (63%)$29211 (58%)$3,9653 (16%)$12,533
Average30 (54.82%)$4,45922 (43.18%)$45625 (45.09%)$4,10011 (24.73%)$13,746
*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, 46 (82.73 % of students) get any students loan help and its average loan amount is $46.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1281 (84%)$9,27481 (84%)$6,35815 (15%)$15,743
2012-1366 (81%)$11,99766 (81%)$6,72222 (27%)$15,825
2013-1467 (89%)$9,95759 (79%)$7,05314 (19%)$17,929
2014-1559 (86%)$9,31259 (86%)$6,20412 (17%)$15,279
2015-1650 (85%)$9,73450 (85%)$5,78511 (19%)$17,951
2016-1745 (80%)$10,73645 (80%)$5,7929 (16%)$24,721
2017-1836 (90%)$7,68336 (90%)$5,7614 (10%)$17,294
2018-1940 (82%)$7,65434 (69%)$6,1366 (12%)$16,256
2019-2029 (74%)$9,06529 (74%)$5,60610 (26%)$10,030
2020-2119 (70%)$8,98519 (70%)$6,1594 (15%)$13,425
2021-2217 (89%)$14,48317 (89%)$5,9057 (37%)$20,832
Average46 (82.73%)$9,89845 (80.64%)$6,13510 (19.36%)$16,844

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