Scholarships, Grants, and Loan Trends at California Institute of Arts & Technology

20%

Received Percent Changed

$2,645

Received Amount Changes

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.

All Undergraduate Students Financial Aid Over Time

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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2017-1877 (12%)$3,41977 (12%)$3,41936 (5%)$2,734
2018-1945 (9%)$3,45944 (9%)$3,37918 (4%)$4,874
2019-2048 (13%)$6,19048 (13%)$6,19020 (5%)$8,429
2020-21231 (73%)$3,88638 (12%)$6,10050 (16%)$7,839
2021-22165 (30%)$5,16290 (16%)$5,425190 (34%)$5,618
2022-23123 (32%)$6,064121 (31%)$6,1302 (1%)$2,089
Average115 (28.17%)$4,69770 (15.50%)$5,10753 (10.83%)$5,264
*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 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 AmountNumber Received (percent**)Average Amount
2017-183 (6%)$5,920--
2018-1912 (21%)$2,7486 (10%)$4,252
2019-209 (31%)$7,8174 (14%)$10,839
2020-2145 (68%)$4,54914 (21%)$6,876
2021-22123 (95%)$4,88192 (71%)$4,909
2022-23113 (86%)$6,2821 (1%)$3,777
Average51 (51.17%)$5,36623 (23.40%)$6,131
*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 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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2017-183 (6%)$5,920------
2018-1912 (21%)$2,748------
2019-209 (31%)$7,817------
2020-219 (14%)$6,481--36 (55%)$4,066--
2021-2259 (46%)$5,859--73 (57%)$3,489--
2022-23113 (86%)$6,282------
Average34 (34.00%)$5,851--55 (56.00%)$3,778--
*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 7 years, on average, 23 (23.40 % of students) get any students loan help and its average loan amount is $23.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2017-18------
2018-196 (10%)$4,2526 (10%)$4,252--
2019-204 (14%)$10,8392 (7%)$9,4072 (7%)$12,270
2020-2114 (21%)$6,87611 (17%)$6,5993 (5%)$7,891
2021-2292 (71%)$4,90983 (64%)$5,12912 (9%)$2,158
2022-231 (1%)$3,7771 (1%)$3,777--
Average23 (23.40%)$6,13121 (19.80%)$5,8336 (7.00%)$7,440

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