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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 Art Academy of Cincinnati since 2011.
For that period, the average number of students who received grants aid/scholarships is 204, which is 98.73 % of all undergraduate students. 168 students which is 81.36% of undergraduate students received federal student loans and the average loan amount is $8,021.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12225 (98%)$12,51195 (41%)$4,281178 (77%)$6,702
2012-13187 (97%)$13,94880 (42%)$4,127150 (78%)$7,184
2013-14205 (100%)$14,18195 (46%)$4,306165 (80%)$7,444
2014-15205 (100%)$14,941108 (52%)$4,504166 (81%)$10,875
2015-16200 (100%)$14,76392 (46%)$4,151163 (81%)$7,326
2016-17201 (100%)$10,16691 (45%)$4,334159 (79%)$7,023
2017-18175 (100%)$7,34891 (52%)$3,864166 (95%)$8,480
2018-19192 (100%)$16,247108 (56%)$4,949163 (85%)$7,095
2019-20208 (98%)$18,102121 (57%)$5,042175 (83%)$7,000
2020-21224 (99%)$20,237119 (52%)$5,130185 (81%)$11,546
2021-22220 (94%)$16,913118 (50%)$5,459175 (75%)$7,556
Average204 (98.73%)$14,487102 (49.00%)$4,559168 (81.36%)$8,021

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 57 (100.00 % of students) received grants or scholarships and its average amount is $15,642. It can cover 38.86% of tuition & fees ($40,250).
In addition, 47 (83.36 % of students) students get helped from the students loans (average amount : $6,454).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1263 (100%)$13,61744 (70%)$6,907
2012-1338 (100%)$13,08532 (84%)$6,519
2013-1451 (100%)$14,80442 (82%)$6,460
2014-1550 (100%)$14,37241 (82%)$5,470
2015-1658 (100%)$14,48648 (83%)$5,573
2016-1755 (100%)$13,94355 (100%)$4,583
2017-1830 (100%)$11,56726 (87%)$5,385
2018-1963 (100%)$19,47852 (83%)$5,810
2019-2075 (100%)$19,37864 (85%)$7,721
2020-2176 (100%)$19,56661 (80%)$7,935
2021-2264 (100%)$17,76452 (81%)$8,634
Average57 (100.00%)$15,64247 (83.36%)$6,454
*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, 31 (53.73 % of students) received Pell (federal) grants and its average amount is $4,399.
In addition, 15 students received State/local government grants/scholarships (25.09 % 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
2011-1231 (49%)$4,1706 (10%)$68813 (21%)$1,80063 (100%)$11,128
2012-1317 (45%)$3,4622 (5%)$8007 (18%)$2,28038 (100%)$11,074
2013-1424 (47%)$4,5307 (14%)$74313 (25%)$2,00051 (100%)$12,061
2014-1527 (54%)$4,5177 (14%)$80016 (32%)$2,27750 (100%)$11,092
2015-1625 (43%)$4,1306 (10%)$7514 (7%)$2,59258 (100%)$12,450
2016-1744 (80%)$3,66610 (18%)$77313 (24%)$2,61455 (100%)$10,252
2017-1814 (47%)$4,2742 (7%)$8008 (27%)$3,07230 (100%)$8,700
2018-1936 (57%)$4,9141 (2%)$80017 (27%)$2,73563 (100%)$15,920
2019-2043 (57%)$4,52611 (15%)$66425 (33%)$3,13375 (100%)$15,642
2020-2143 (57%)$5,51012 (16%)$1,46935 (46%)$2,65276 (100%)$14,995
2021-2235 (55%)$4,69122 (34%)$3,21310 (16%)$1,62761 (95%)$14,521
Average31 (53.73%)$4,3998 (13.18%)$1,04615 (25.09%)$2,43556 (99.55%)$12,530
*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, 47 (83.36 % of students) get any students loan help and its average loan amount is $47.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1244 (70%)$6,90743 (68%)$6,0407 (11%)$6,314
2012-1332 (84%)$6,51932 (84%)$6,1252 (5%)$6,300
2013-1442 (82%)$6,46042 (82%)$6,460--
2014-1541 (82%)$5,47040 (80%)$5,4071 (2%)$8,000
2015-1648 (83%)$5,57348 (83%)$5,573--
2016-1755 (100%)$4,58355 (100%)$4,5381 (2%)$2,500
2017-1826 (87%)$5,38526 (87%)$5,3081 (3%)$2,000
2018-1952 (83%)$5,81052 (83%)$5,810--
2019-2064 (85%)$7,72164 (85%)$5,8917 (9%)$16,732
2020-2161 (80%)$7,93560 (79%)$6,0467 (9%)$17,330
2021-2252 (81%)$8,63452 (81%)$5,3499 (14%)$18,983
Average47 (83.36%)$6,45447 (82.91%)$5,6864 (6.88%)$9,770

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