by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What amount of FIDM Los Angeles financial assistance will actually be available to you?Get answers to your questions here.
$9,949.00 is the typical FIDM/Fashion Institute of Design & Merchandising - Los Angeles’s first year financial aid package. 78% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at FIDM/Fashion Institute of Design & Merchandising - Los Angeles.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by FIDM/Fashion Institute of Design & Merchandising - Los Angeles.
59% of new students (247 total) were given scholarships at FIDM/Fashion Institute of Design & Merchandising - Los Angeles, averaging $7,394.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 43% of freshmen (177 total) received a federal grant, for about $5,874.00 a person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.19% | $14,517.00 |
| Income 30k-48k | 9.38% | $9,963.00 |
| Income 48k-75k | 9.86% | $10,611.00 |
| Income 75k-110k | 6.01% | $10,336.00 |
| Income 110k + | 10.82% | $5,344.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
78% of the 416 undergraduates at FIDM/Fashion Institute of Design & Merchandising - Los Angeles receive some sort of grant aid. This is a total of about 299 students getting an average of $9,949.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.