How Innovations Design Academy'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 Innovations Design Academy since 2011.

For that period, the average number of students who received grants aid/scholarships is 42, which is 81.09 % of all undergraduate students. 40 students which is 76.45% of undergraduate students received federal student loans and the average loan amount is $6,744.

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
2011-12	43 (96%)	$3,207	43 (96%)	$3,007	44 (98%)	$4,433
2012-13	32 (55%)	$4,815	31 (53%)	$3,999	37 (64%)	$4,577
2013-14	51 (76%)	$6,200	51 (76%)	$5,114	48 (72%)	$7,277
2014-15	62 (90%)	$6,509	62 (90%)	$5,638	66 (96%)	$8,530
2015-16	45 (79%)	$4,797	43 (75%)	$4,593	40 (70%)	$6,120
2016-17	58 (98%)	$5,195	55 (93%)	$4,959	55 (93%)	$7,718
2017-18	37 (80%)	$5,374	37 (80%)	$5,242	31 (67%)	$7,784
2018-19	28 (82%)	$5,242	28 (82%)	$5,122	16 (47%)	$6,844
2019-20	25 (74%)	$4,947	25 (74%)	$4,917	22 (65%)	$6,622
2020-21	40 (80%)	$4,877	39 (78%)	$4,392	38 (76%)	$7,677
2021-22	36 (82%)	$5,257	34 (77%)	$5,045	41 (93%)	$6,597
Average	42 (81.09%)	$5,129	41 (79.45%)	$4,730	40 (76.45%)	$6,744

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

For the last 12 years, on average, 30 (86.55 % of students) received grants or scholarships and its average amount is $5,316. It can cover 29.01% of tuition & fees ($18,325).

In addition, 29 (79.64 % of students) students get helped from the students loans (average amount : $7,026).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	31 (94%)	$4,440	31 (94%)	$5,117
2012-13	28 (60%)	$5,105	32 (68%)	$4,720
2013-14	45 (82%)	$6,315	41 (75%)	$6,911
2014-15	57 (95%)	$6,572	57 (95%)	$8,667
2015-16	42 (79%)	$4,769	37 (70%)	$6,197
2016-17	50 (98%)	$5,101	47 (92%)	$8,348
2017-18	18 (95%)	$5,817	19 (100%)	$8,663
2018-19	15 (100%)	$5,100	6 (40%)	$7,500
2019-20	14 (82%)	$4,718	10 (59%)	$6,871
2020-21	17 (94%)	$4,788	15 (83%)	$7,263
2021-22	16 (73%)	$5,755	22 (100%)	$7,030
Average	30 (86.55%)	$5,316	29 (79.64%)	$7,026

^*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 (85.09 % of students) received Pell (federal) grants and its average amount is $4,886.

In addition, 4 students received State/local government grants/scholarships (10.20 % of students).

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
2011-12	31 (94%)	$4,162	-	-	1 (3%)	$8,620	-	-
2012-13	27 (57%)	$4,179	-	-	6 (13%)	$5,017	-	-
2013-14	45 (82%)	$5,085	-	-	7 (13%)	$7,908	-	-
2014-15	57 (95%)	$5,625	-	-	9 (15%)	$5,997	-	-
2015-16	40 (75%)	$4,547	-	-	7 (13%)	$2,628	-	-
2016-17	48 (94%)	$5,066	-	-	5 (10%)	$2,378	-	-
2017-18	18 (95%)	$5,637	-	-	2 (11%)	$1,625	-	-
2018-19	15 (100%)	$4,876	-	-	2 (13%)	$1,300	2 (13%)	$375
2019-20	14 (82%)	$4,665	-	-	-	-	2 (12%)	$375
2020-21	17 (94%)	$4,410	-	-	1 (6%)	$6,430	-	-
2021-22	15 (68%)	$5,490	-	-	1 (5%)	$9,732	-	-
Average	30 (85.09%)	$4,886	-	-	4 (10.20%)	$5,164	2 (12.50%)	$375

^*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, 29 (79.64 % of students) get any students loan help and its average loan amount is $29.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	31 (94%)	$5,117	31 (94%)	$4,781	5 (15%)	$2,085
2012-13	32 (68%)	$4,720	32 (68%)	$4,531	2 (4%)	$3,021
2013-14	41 (75%)	$6,911	41 (75%)	$6,873	1 (2%)	$1,564
2014-15	57 (95%)	$8,667	57 (95%)	$8,377	5 (8%)	$3,300
2015-16	37 (70%)	$6,197	37 (70%)	$5,954	2 (4%)	$4,500
2016-17	47 (92%)	$8,348	47 (92%)	$8,064	4 (8%)	$3,334
2017-18	19 (100%)	$8,663	19 (100%)	$8,500	1 (5%)	$3,094
2018-19	6 (40%)	$7,500	6 (40%)	$7,500	-	-
2019-20	10 (59%)	$6,871	10 (59%)	$6,871	-	-
2020-21	15 (83%)	$7,263	15 (83%)	$7,263	-	-
2021-22	22 (100%)	$7,030	22 (100%)	$7,030	-	-
Average	29 (79.64%)	$7,026	29 (79.64%)	$6,886	3 (6.57%)	$2,985

Scholarships, Grants, and Loan Trends at Innovations Design Academy

All Undergraduate Students Financial Aid Over Time

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

Compare Innovations Design Academy in a Variety of Ways