$5,011

Avg. Federal Grant

$7,169

Avg. Federal Loan

$430,080

Total Aid Awarded

Fashion Institute of Design & Merchandising (FIDM) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$430.080K

Financial Aid Official Website

fidm.edu/en/admissions/financial+aid/

Fashion Institute of Design & Merchandising (FIDM) - Los Angeles offers several different types of financial assistance. Students may apply for federal and state grants and loans, merit-based tuition scholarships, work-study programs, and browse their career center listings for part-time employment. FIDM is also a military friendly school and accepts most VA (Veterans Affairs) education benefits for veterans, spouses, and dependents.

FIDM offers several scholarships, and there are many scholarship programs available through other organizations for which students may be eligible. Some of them are - 

  • FCCLA National Scholarship 
  • FIDM Fashion Club Junior Scholarship 
  • FIDM National Scholarship
  • FIDM Fashion Club Active Member Scholarship
  • FIDM Fashion Club Presidential Scholarship
  • FIDM Fashion Club College Scholarship 
  • FIDM Scholarship Foundation

Total Financial Aid Awarded is $10457998

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

29%

Institution Grant Aid

57%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$5,011

State Grant Aid

$5,438

Institution Grant Aid

$4,443

Pell Grant

$4,503

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants with institutional grants having the highest percentage contribution of 48% with an average aid amount being $6694.

Federal grants have a percentage of 37% with an average aid amount of $5449 which is higher than the State grant aid average of $6034.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,379

$30,001 - $48,000

$11,690

$48,001 - $75,000

$10,462

$75,001 - $110,000

$7,491

Over $110,000

$714

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $10493 while those with family income over $110,000 can expect to receive an aid amount of $4687. This helps students who are coming from low income homes to pay for their degree.

Student Loans for Fashion Institute of Design & Merchandising (FIDM)

Average Loan Amount Average Loan Amount received per year.

$9,583/Year

Students Taking Out Loans

80%

Loan Default Rate

N/A

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