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Can You Afford Musicians Institute?

Concerned about paying for college? Take a look at Musicians Institute’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $40,634 and $47,618

Feeling a little stressed about paying $47,618 to attend Musicians Institute each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for California students, 41.0% of freshmen receive some form of financial aid, with the average amount totaling $5,078. Students from low-income families receive an average of $6,984 in aid during their first year.

Cost (no aid)

Tuition and fees$25,325
+ Room and board$15,900
+ Other expenses$6,393
Total cost$47,618
Affordability Score (20 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$47,618
- Grants and scholarships$5,078
Net price$42,540
Affordability Score (4 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$47,618
- Grants and scholarships$6,984
Net price$40,634
Affordability Score (2 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Musicians Institute.

Projected Costs Between $164,940 and $263,035 For a Four Year Degree. Between $82,124 and $131,517 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Musicians Institute in 2020 - 2021 was $47,618. To calculate future costs, we looked at the prior five years of data and determined that this cost remained constant. If this trend continues, we expect the full cost for incoming freshmen to be $47,618 during their first year. By their senior year, that cost will be approximately $47,618 for a bachelor degree candidate ($47,618 for an associate degree candidate) for a total of $190,472 over the course of four years ($95,236 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Musicians Institute

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.0%0.0%
Freshman year$40,976$42,540$47,618
Senior year$41,148$42,540$47,618
Total 2-year net price$82,124$85,080$95,236
10-year loan interest @ 6.8%$31,286$32,412$36,281
Total monthly payment$945$979$1,096
Total amount paid$113,410$117,492$131,517
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.0%0.0%
Freshman year$40,976$42,540$47,618
Senior year$41,495$42,540$47,618
Total 4-year net price$164,940$170,160$190,472
10-year loan interest @ 6.8%$62,836$64,825$72,563
Total monthly payment$1,898$1,958$2,192
Total amount paid$227,776$234,985$263,035

Visit net price and financial aid to learn more about the total cost of attending Musicians Institute.

Further Questions to Consider

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