College Tuition Compare
Request Program Info
  1. Home
  2. Trends
  3. School Of The Art Institute Of Chicago
  4. Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at School of the Art Institute of Chicago since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,506, which is 91.18 % of all undergraduate students. 1,130 students which is 41.45% of undergraduate students received federal student loans and the average loan amount is $7,843.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,264 (91%)$12,070614 (25%)$4,3351,260 (51%)$7,867
2012-132,372 (93%)$12,190642 (25%)$4,4311,232 (48%)$8,822
2013-142,492 (94%)$12,048574 (22%)$4,5411,189 (45%)$8,174
2014-152,554 (92%)$12,435524 (19%)$4,5731,155 (42%)$8,152
2015-162,571 (90%)$13,393555 (20%)$4,6231,124 (40%)$8,233
2016-172,536 (89%)$14,408545 (19%)$4,6391,104 (39%)$8,086
2017-182,525 (87%)$15,564545 (19%)$4,7671,119 (39%)$7,683
2018-192,560 (88%)$16,383554 (19%)$4,9501,113 (38%)$7,314
2019-202,667 (89%)$16,952562 (19%)$5,0551,157 (39%)$7,359
2020-212,237 (90%)$17,331455 (18%)$5,036947 (38%)$7,274
2021-222,792 (100%)$16,956532 (19%)$4,9921,032 (37%)$7,312
Average2,506 (91.18%)$14,521555 (20.36%)$4,7221,130 (41.45%)$7,843

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 541 (93.36 % of students) received grants or scholarships and its average amount is $15,631. It can cover 28.67% of tuition & fees ($54,530).
In addition, 244 (42.18 % of students) students get helped from the students loans (average amount : $9,870).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12446 (99%)$11,337214 (48%)$9,739
2012-13557 (99%)$12,397231 (41%)$9,494
2013-14568 (99%)$11,967237 (41%)$9,911
2014-15561 (93%)$13,464232 (38%)$10,229
2015-16484 (84%)$16,691230 (40%)$9,607
2016-17553 (88%)$16,618293 (47%)$10,559
2017-18588 (91%)$16,495292 (45%)$8,843
2018-19575 (91%)$17,087260 (41%)$9,082
2019-20559 (90%)$17,406225 (36%)$9,177
2020-21395 (93%)$20,194196 (46%)$11,135
2021-22662 (100%)$18,290270 (41%)$10,796
Average541 (93.36%)$15,631244 (42.18%)$9,870
*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, 113 (19.73 % of students) received Pell (federal) grants and its average amount is $4,662.
In addition, 34 students received State/local government grants/scholarships (5.91 % 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
2011-1297 (22%)$4,4137 (2%)$5,23431 (7%)$4,580445 (99%)$9,999
2012-13118 (21%)$4,34912 (2%)$3,85737 (7%)$4,711556 (99%)$11,099
2013-14102 (18%)$4,50913 (2%)$5,20333 (6%)$4,687568 (99%)$10,766
2014-1592 (15%)$4,22111 (2%)$7,27930 (5%)$4,686561 (93%)$12,378
2015-16124 (22%)$5,1169 (2%)$6,08036 (6%)$4,563483 (84%)$14,959
2016-17136 (22%)$4,50617 (3%)$3,47444 (7%)$4,547552 (88%)$15,069
2017-18131 (20%)$4,67424 (4%)$3,04040 (6%)$4,541588 (91%)$15,021
2018-19114 (18%)$4,70320 (3%)$4,00032 (5%)$4,780575 (91%)$15,749
2019-2098 (16%)$4,9818 (1%)$4,00026 (4%)$5,251559 (90%)$16,231
2020-2197 (23%)$4,7797 (2%)$4,00029 (7%)$5,303395 (93%)$18,561
2021-22132 (20%)$5,0346 (1%)$4,00034 (5%)$5,291646 (98%)$17,399
Average113 (19.73%)$4,66212 (2.18%)$4,56134 (5.91%)$4,813539 (93.18%)$14,294
*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, 244 (42.18 % of students) get any students loan help and its average loan amount is $244.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12214 (48%)$9,739211 (47%)$6,55331 (7%)$22,623
2012-13231 (41%)$9,494228 (41%)$6,68127 (5%)$24,810
2013-14237 (41%)$9,911234 (41%)$6,37736 (6%)$23,794
2014-15232 (38%)$10,229229 (38%)$6,18435 (6%)$27,339
2015-16230 (40%)$9,607226 (39%)$6,23436 (6%)$22,247
2016-17293 (47%)$10,559287 (46%)$6,39847 (7%)$26,759
2017-18292 (45%)$8,843289 (45%)$6,27033 (5%)$23,331
2018-19260 (41%)$9,082257 (41%)$5,59137 (6%)$24,989
2019-20225 (36%)$9,177222 (36%)$5,51925 (4%)$33,586
2020-21196 (46%)$11,135194 (45%)$5,50434 (8%)$32,788
2021-22270 (41%)$10,796265 (40%)$5,56746 (7%)$31,297
Average244 (42.18%)$9,870240 (41.73%)$6,08035 (6.09%)$26,688

Compare School of the Art Institute of Chicago in a Variety of Ways

Illinois Statistics
Illinois Tuition Trends
Similar Schools
Most Searched Illinois Colleges
Related Articles and Ads