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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 Maryland Institute College of Art since 2011.
For that period, the average number of students who received grants aid/scholarships is 1,642, which is 96.00 % of all undergraduate students. 853 students which is 49.36% of undergraduate students received federal student loans and the average loan amount is $7,013.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,746 (95%)$15,170425 (23%)$4,4261,152 (63%)$6,864
2012-131,763 (97%)$15,454442 (24%)$4,3061,115 (61%)$7,326
2013-141,726 (97%)$16,053445 (25%)$4,4641,046 (59%)$7,427
2014-151,791 (97%)$17,186428 (23%)$4,6371,036 (56%)$7,233
2015-161,683 (96%)$18,153385 (22%)$4,560876 (50%)$7,281
2016-171,604 (98%)$17,895344 (21%)$4,527818 (50%)$7,255
2017-181,658 (95%)$21,214360 (21%)$4,655779 (45%)$7,087
2018-191,623 (91%)$23,185368 (21%)$4,905750 (42%)$6,809
2019-201,679 (96%)$21,833351 (20%)$4,920709 (41%)$6,763
2020-211,304 (98%)$24,260299 (22%)$4,953490 (37%)$6,518
2021-221,481 (96%)$27,342342 (22%)$5,051607 (39%)$6,582
Average1,642 (96.00%)$19,795381 (22.18%)$4,673853 (49.36%)$7,013

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 385 (97.09 % of students) received grants or scholarships and its average amount is $19,416. It can cover 35.21% of tuition & fees ($55,150).
In addition, 202 (50.73 % of students) students get helped from the students loans (average amount : $8,675).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12482 (97%)$13,703316 (64%)$8,027
2012-13398 (97%)$15,096237 (58%)$8,946
2013-14394 (99%)$15,447230 (58%)$8,549
2014-15441 (97%)$16,997239 (53%)$8,573
2015-16391 (95%)$16,822187 (45%)$9,042
2016-17334 (95%)$18,939161 (46%)$8,643
2017-18391 (93%)$19,965182 (43%)$8,638
2018-19402 (95%)$21,922188 (44%)$8,954
2019-20404 (100%)$21,655177 (44%)$9,281
2020-21288 (100%)$27,261134 (47%)$6,802
2021-22311 (100%)$25,767175 (56%)$9,965
Average385 (97.09%)$19,416202 (50.73%)$8,675
*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, 82 (21.00 % of students) received Pell (federal) grants and its average amount is $4,844.
In addition, 30 students received State/local government grants/scholarships (7.73 % 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
2011-1299 (20%)$4,62238 (8%)$1,07235 (7%)$5,986482 (97%)$12,234
2012-1394 (23%)$4,42339 (9%)$1,00037 (9%)$7,908398 (97%)$13,218
2013-1483 (21%)$4,23830 (8%)$1,00029 (7%)$5,374394 (99%)$14,082
2014-1590 (20%)$4,60738 (8%)$1,05335 (8%)$10,814441 (97%)$15,108
2015-1676 (18%)$4,59732 (8%)$1,06317 (4%)$6,933391 (95%)$15,540
2016-1765 (19%)$5,74324 (7%)$1,29213 (4%)$10,327334 (95%)$17,326
2017-1891 (22%)$4,53858 (14%)$98030 (7%)$11,009391 (93%)$17,919
2018-1990 (21%)$4,91239 (9%)$94935 (8%)$8,650402 (95%)$19,977
2019-2067 (17%)$4,86259 (15%)$1,46920 (5%)$7,113404 (100%)$20,282
2020-2177 (27%)$5,36742 (15%)$2,52842 (15%)$10,429288 (100%)$23,937
2021-2271 (23%)$5,37383 (27%)$3,55735 (11%)$12,209311 (100%)$22,217
Average82 (21.00%)$4,84444 (11.64%)$1,45130 (7.73%)$8,796385 (97.09%)$17,440
*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, 202 (50.73 % of students) get any students loan help and its average loan amount is $202.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12316 (64%)$8,027315 (64%)$5,50935 (7%)$22,891
2012-13237 (58%)$8,946236 (57%)$5,94436 (9%)$19,928
2013-14230 (58%)$8,549225 (56%)$5,86933 (8%)$19,566
2014-15239 (53%)$8,573237 (52%)$5,69729 (6%)$24,098
2015-16187 (45%)$9,042184 (45%)$5,61824 (6%)$27,380
2016-17161 (46%)$8,643161 (46%)$5,59221 (6%)$23,396
2017-18182 (43%)$8,638182 (43%)$5,33525 (6%)$24,049
2018-19188 (44%)$8,954188 (44%)$5,32123 (5%)$29,701
2019-20177 (44%)$9,281176 (44%)$5,27727 (7%)$26,447
2020-21134 (47%)$6,802120 (42%)$5,43514 (5%)$18,522
2021-22175 (56%)$9,965144 (46%)$5,25731 (10%)$31,832
Average202 (50.73%)$8,675197 (49.00%)$5,53227 (6.82%)$24,346

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