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What is the average financial aid amount at inst?

For the academic year 2022-2023, total 45 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 212 students (99% of all students) received grants or scholarships and the average grant amount is $25,684. In addition, 90 students received student loans and the average loan amount is $6,401.

Below tables show the number and amount by source of financial aid at Cleveland Institute of Music.
All Undergraduate Student Financial Aid at Cleveland Institute of Music
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid21299%$25,684
Pell Grants3215%$5,673
Federal Student Loans9042%$6,401
Beginning Students (Freshmen) Financial Aid at Cleveland Institute of Music
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid45100%-
Grants or Scholarship from All Sources45100%$28,571
Federal Grants818%$7,167
Pell Grants818%$5,949
Other Federal Grants818%$1,219
State/Local Grants00%$0
Institutional Grants45100%$27,297
Student Loans1840%$5,323
Federal Student Loans1840%$5,323
Other Student Loans00%$0

Know more about Cleveland Institute of Music

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