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What is the average financial aid amount at the Modern College of Design?

For the academic year 2022-2023, total 36 full-time, first-time students (97% 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 154 students (79% of all students) received grants or scholarships and the average grant amount is $6,536. In addition, 161 students received student loans and the average loan amount is $8,015.

Below tables show the number and amount by source of financial aid at The Modern College of Design.
All Undergraduate Student Financial Aid at The Modern College of Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid15479%$6,536
Pell Grants9448%$4,048
Federal Student Loans16183%$8,015
Beginning Students (Freshmen) Financial Aid at The Modern College of Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid3697%-
Grants or Scholarship from All Sources3081%$4,639
Federal Grants1335%$4,462
Pell Grants1335%$4,462
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants2670%$3,122
Student Loans3492%$8,260
Federal Student Loans3492%$6,157
Other Student Loans38%$23,833

Know more about The Modern College of Design

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