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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 Pennsylvania Academy of the Fine Arts since 2011.
For that period, the average number of students who received grants aid/scholarships is 178, which is 96.18 % of all undergraduate students. 106 students which is 56.18% of undergraduate students received federal student loans and the average loan amount is $7,387.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12213 (89%)$6,57387 (37%)$2,223150 (63%)$5,255
2012-13176 (83%)$14,03387 (41%)$4,214140 (66%)$7,797
2013-14191 (96%)$13,12287 (44%)$4,542127 (64%)$7,597
2014-15160 (95%)$16,22771 (42%)$4,731110 (65%)$7,397
2015-16190 (97%)$17,49371 (36%)$4,756112 (57%)$8,065
2016-17191 (100%)$17,79153 (28%)$4,98699 (52%)$7,372
2017-18195 (100%)$18,48064 (33%)$4,740100 (51%)$7,516
2018-19199 (100%)$21,14961 (31%)$5,07395 (48%)$8,418
2019-20193 (100%)$21,74555 (28%)$4,54799 (51%)$7,182
2020-21134 (100%)$24,32340 (30%)$5,20167 (50%)$7,159
2021-22119 (98%)$25,11941 (34%)$4,94762 (51%)$7,503
Average178 (96.18%)$17,82365 (34.91%)$4,542106 (56.18%)$7,387

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 28 (97.27 % of students) received grants or scholarships and its average amount is $17,902. It can cover 40.14% of tuition & fees ($44,600).
In addition, 18 (61.82 % of students) students get helped from the students loans (average amount : $7,453).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1220 (95%)$14,67710 (48%)$5,016
2012-1329 (100%)$11,23319 (66%)$8,621
2013-1439 (100%)$13,68128 (72%)$5,804
2014-1521 (100%)$16,02017 (81%)$10,210
2015-1635 (95%)$15,69216 (43%)$6,875
2016-1738 (100%)$16,07024 (63%)$8,625
2017-1836 (100%)$18,18133 (92%)$9,222
2018-1933 (100%)$22,93913 (39%)$6,779
2019-2031 (100%)$22,80920 (65%)$9,213
2020-2118 (100%)$29,52811 (61%)$5,864
2021-228 (80%)$16,0875 (50%)$5,750
Average28 (97.27%)$17,90218 (61.82%)$7,453
*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, 8 (29.27 % of students) received Pell (federal) grants and its average amount is $4,481.
In addition, 4 students received State/local government grants/scholarships (13.67 % 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
2011-126 (29%)$4,5421 (5%)$1,0005 (24%)$3,58020 (95%)$12,369
2012-1310 (34%)$4,89510 (34%)$8003 (10%)$3,06529 (100%)$8,952
2013-1411 (28%)$5,4868 (21%)$5005 (13%)$2,68037 (95%)$12,320
2014-1510 (48%)$4,6255 (24%)$1,0004 (19%)$4,01021 (100%)$12,816
2015-1610 (27%)$4,2775 (14%)$8003 (8%)$3,06034 (92%)$14,508
2016-179 (24%)$4,4086 (16%)$8332 (5%)$3,62836 (95%)$15,521
2017-189 (25%)$4,2685 (14%)$7005 (14%)$3,21336 (100%)$16,570
2018-196 (18%)$5,1284 (12%)$469--33 (100%)$21,950
2019-2011 (35%)$4,3196 (19%)$7294 (13%)$3,60729 (94%)$22,096
2020-218 (44%)$5,50114 (78%)$1,0823 (17%)$4,52418 (100%)$25,488
2021-221 (10%)$1,845----8 (80%)$15,856
Average8 (29.27%)$4,4816 (23.70%)$7914 (13.67%)$3,48527 (95.55%)$16,222
*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, 18 (61.82 % of students) get any students loan help and its average loan amount is $18.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1210 (48%)$5,0169 (43%)$5,0181 (5%)$5,000
2012-1319 (66%)$8,62119 (66%)$5,8163 (10%)$17,763
2013-1428 (72%)$5,80428 (72%)$5,3751 (3%)$12,000
2014-1517 (81%)$10,21017 (81%)$6,0294 (19%)$17,767
2015-1616 (43%)$6,87516 (43%)$5,8751 (3%)$16,000
2016-1724 (63%)$8,62518 (47%)$5,1116 (16%)$19,168
2017-1833 (92%)$9,22227 (75%)$5,0388 (22%)$21,038
2018-1913 (39%)$6,77913 (39%)$5,2041 (3%)$20,469
2019-2020 (65%)$9,21320 (65%)$5,3883 (10%)$25,500
2020-2111 (61%)$5,86411 (61%)$5,864--
2021-225 (50%)$5,7505 (50%)$5,750--
Average18 (61.82%)$7,45317 (58.36%)$5,4973 (10.11%)$17,189

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