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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 Maine College of Art & Design since 2011.
For that period, the average number of students who received grants aid/scholarships is 404, which is 99.64 % of all undergraduate students. 324 students which is 79.91% of undergraduate students received federal student loans and the average loan amount is $6,936.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12355 (100%)$13,824150 (42%)$4,214303 (85%)$7,249
2012-13369 (100%)$14,047159 (43%)$4,160303 (82%)$7,358
2013-14378 (100%)$15,087144 (38%)$4,463308 (81%)$7,268
2014-15420 (99%)$15,154153 (36%)$4,051328 (77%)$7,177
2015-16430 (100%)$15,696155 (36%)$4,083325 (76%)$7,154
2016-17449 (98%)$16,585167 (36%)$4,040348 (76%)$7,066
2017-18450 (100%)$16,831174 (39%)$4,367358 (80%)$7,204
2018-19391 (100%)$17,621161 (41%)$4,480318 (81%)$6,778
2019-20424 (100%)$17,879150 (35%)$4,613322 (76%)$6,886
2020-21376 (99%)$19,601129 (34%)$4,577341 (90%)$5,594
2021-22407 (100%)$19,763133 (33%)$4,977307 (75%)$6,559
Average404 (99.64%)$16,553152 (37.55%)$4,366324 (79.91%)$6,936

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 109 (100.00 % of students) received grants or scholarships and its average amount is $16,583. It can cover 40.06% of tuition & fees ($41,398).
In addition, 90 (82.09 % of students) students get helped from the students loans (average amount : $10,756).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12102 (100%)$13,27695 (93%)$8,590
2012-1382 (100%)$13,63866 (80%)$8,981
2013-14103 (100%)$15,46882 (80%)$8,919
2014-15120 (100%)$15,22793 (78%)$10,298
2015-16110 (100%)$16,33990 (82%)$9,984
2016-17121 (100%)$16,178103 (85%)$10,266
2017-18119 (100%)$17,299100 (84%)$12,165
2018-1997 (100%)$17,39283 (86%)$11,825
2019-20118 (100%)$18,57185 (72%)$12,844
2020-21127 (100%)$18,798107 (84%)$10,949
2021-22104 (100%)$20,22782 (79%)$13,495
Average109 (100.00%)$16,58390 (82.09%)$10,756
*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, 40 (36.82 % of students) received Pell (federal) grants and its average amount is $4,334.
In addition, 16 students received State/local government grants/scholarships (15.27 % 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
2011-1239 (38%)$4,31539 (38%)$84023 (23%)$1,120102 (100%)$11,052
2012-1333 (40%)$3,95933 (40%)$92719 (23%)$1,02082 (100%)$11,435
2013-1432 (31%)$4,29235 (34%)$96912 (12%)$733103 (100%)$13,720
2014-1548 (40%)$3,81148 (40%)$90622 (18%)$1,009120 (100%)$13,155
2015-1641 (37%)$4,34141 (37%)$94417 (15%)$1,409110 (100%)$14,152
2016-1749 (40%)$3,98250 (41%)$70515 (12%)$1,603121 (100%)$14,075
2017-1846 (39%)$4,49445 (38%)$75813 (11%)$3,346119 (100%)$14,909
2018-1941 (42%)$4,52741 (42%)$77718 (19%)$1,34497 (100%)$14,900
2019-2045 (38%)$4,61045 (38%)$82018 (15%)$2,125118 (100%)$16,176
2020-2137 (29%)$4,44137 (29%)$74214 (11%)$2,710127 (100%)$16,989
2021-2232 (31%)$4,90632 (31%)$7919 (9%)$2,211104 (100%)$18,283
Average40 (36.82%)$4,33441 (37.09%)$83416 (15.27%)$1,694109 (100.00%)$14,441
*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, 90 (82.09 % of students) get any students loan help and its average loan amount is $90.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1295 (93%)$8,59093 (91%)$6,27816 (16%)$14,516
2012-1366 (80%)$8,98163 (77%)$6,16116 (20%)$12,790
2013-1482 (80%)$8,91981 (79%)$5,72517 (17%)$15,741
2014-1593 (78%)$10,29892 (77%)$6,20323 (19%)$16,828
2015-1690 (82%)$9,98490 (82%)$6,15421 (19%)$16,413
2016-17103 (85%)$10,266102 (84%)$5,43833 (27%)$15,233
2017-18100 (84%)$12,165100 (84%)$5,55730 (25%)$22,027
2018-1983 (86%)$11,82582 (85%)$5,26533 (34%)$16,659
2019-2085 (72%)$12,84485 (72%)$5,42428 (24%)$22,523
2020-21107 (84%)$10,949107 (84%)$5,01529 (23%)$21,891
2021-2282 (79%)$13,49579 (76%)$5,15733 (32%)$21,186
Average90 (82.09%)$10,75689 (81.00%)$5,67125 (23.27%)$17,801

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