by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at FIDM-Fashion Institute of Design & Merchandising can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does FIDM Los Angeles offer, and what will you qualify for? Keep scrolling for more information. Keep going to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from FIDM-Fashion Institute of Design & Merchandising.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At FIDM-Fashion Institute of Design & Merchandising, 93% of new full-time first-years were awarded at least some aid (about 37 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $13,834 |
| Institutional grants & scholarships | 58% | $9,377 |
| Federal Pell grants | 40% | $6,550 |
| State/local grants | 23% | $7,494 |
| Federal student loans | 58% | $6,515 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At FIDM Los Angeles, approximately 50% of the undergraduate population received grant aid that averaged $11,968 (covering around 695 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $11,968 |
| Federal Pell grants | 19% | $5,233 |
| Federal student loans | 32% | $6,561 |
For students living on campus and receiving title-IV aid, grants averaged $9,745.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $36,476 |
| $30,001 – $75,000 | $39,924 |
| Over $75,000 | $44,565 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $44,573 |
| Off-campus title-IV students | $41,493 |
For a customized cost estimate, visit FIDM Los Angeles’s net price calculator: npc.collegeboard.org/student/app/fidm.
Graduating students at FIDM Los Angeles carry a median federal student debt of $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $13,734 |
| Typical 10-year monthly payment (graduates) | $145.6/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at FIDM Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,043 |
| 25th percentile | $8,500 |
| 75th percentile | $19,500 |
| 90th percentile (highest-debt students) | $27,100 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $14,584 |
The figure below distills the debt data into a single burden category for FIDM Los Angeles.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at FIDM Los Angeles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21165 |
| Total Stafford loan amount | $251,426,913 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $457,621 |
| Average GI Bill amount per recipient | $21,791 |
References
More about our data sources and methodologies.