Scholarships, Grants, and Loan Trends at Illinois Media School-Chicago Campus

-9%

Received Percent Changed

$6,064

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 242, which is 70.78 % of all undergraduate students. 256 students which is 74.78% of undergraduate students received federal student loans and the average loan amount is $7,902.

For full-time, first-time beginning students (freshmen), 89.67% of students received grants or scholarships and 70% 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 Illinois Media School-Chicago Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 242, which is 70.78 % of all undergraduate students. 256 students which is 74.78% of undergraduate students received federal student loans and the average loan amount is $7,902.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15271 (73%)$4,675271 (73%)$4,675308 (83%)$8,575
2015-16259 (71%)$4,952254 (70%)$4,917281 (77%)$9,302
2016-17232 (86%)$3,981216 (80%)$3,667231 (86%)$7,667
2017-18107 (29%)$4,087100 (27%)$4,373100 (27%)$6,232
2018-19194 (58%)$5,417194 (58%)$5,290258 (77%)$9,557
2019-20292 (83%)$4,793292 (83%)$4,674308 (88%)$8,833
2020-21296 (89%)$5,094296 (89%)$4,971307 (92%)$7,605
2021-22320 (84%)$4,948309 (81%)$5,017302 (79%)$7,159
2022-23209 (64%)$10,739200 (62%)$4,757209 (64%)$6,186
Average242 (70.78%)$5,410237 (69.22%)$4,705256 (74.78%)$7,902
*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 10 years, on average, 78 (89.67 % of students) received grants or scholarships and its average amount is $4,914. It can cover 26.04% of tuition & fees ($18,870).

In addition, 61 (69.78 % of students) students get helped from the students loans (average amount : $8,516).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1561 (91%)$4,2803 (4%)$12,480
2015-1678 (81%)$5,10712 (13%)$8,646
2016-1717 (94%)$5,14616 (89%)$8,791
2017-18100 (93%)$4,373100 (93%)$6,232
2018-1962 (84%)$5,20067 (91%)$9,868
2019-2070 (96%)$5,24570 (96%)$8,309
2020-21123 (94%)$4,904105 (80%)$7,951
2021-22107 (94%)$4,84894 (82%)$7,655
2022-2386 (80%)$5,12486 (80%)$6,714
Average78 (89.67%)$4,91461 (69.78%)$8,516
*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 10 years, on average, 78 (88.56 % of students) received Pell (federal) grants and its average amount is $4,822.

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
2014-1561 (91%)$4,18452 (78%)$112----
2015-1673 (76%)$5,11553 (55%)$188--5 (5%)$3,000
2016-1716 (89%)$4,91611 (61%)$155--3 (17%)$2,375
2017-18100 (93%)$4,373------
2018-1962 (84%)$5,09157 (77%)$118----
2019-2070 (96%)$5,14950 (68%)$135----
2020-21123 (94%)$4,784123 (94%)$120----
2021-22107 (94%)$4,65997 (85%)$116--3 (3%)$3,000
2022-2386 (80%)$5,124------
Average78 (88.56%)$4,82263 (74.00%)$135--4 (8.33%)$2,792
*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 10 years, on average, 61 (69.78 % of students) get any students loan help and its average loan amount is $61.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-153 (4%)$12,4803 (4%)$12,480--
2015-1612 (13%)$8,64612 (13%)$7,6461 (1%)$12,000
2016-1716 (89%)$8,79116 (89%)$8,791--
2017-18100 (93%)$6,232100 (93%)$6,232--
2018-1967 (91%)$9,86867 (91%)$9,868--
2019-2070 (96%)$8,30970 (96%)$8,309--
2020-21105 (80%)$7,951105 (80%)$7,951--
2021-2294 (82%)$7,65594 (82%)$7,655--
2022-2386 (80%)$6,71486 (80%)$6,714--
Average61 (69.78%)$8,51661 (69.78%)$8,4051 (1.00%)$12,000

Ratings & Review

Share your experiences and thoughts about Illinois Media School-Chicago Campus. It will be a great help to applicants and prospective students!