by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Miami Media School can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Miami Media School offer, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Miami Media School.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Miami Media School, 100% of the incoming full-time class was awarded financial aid (about 46 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,682 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 85% | $5,396 |
| State/local grants | 0% | — |
| Federal student loans | 93% | $7,259 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 88% of the undergraduate population received grant aid that averaged $4,726 (among about 94 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $4,726 |
| Federal Pell grants | 78% | $5,087 |
| Federal student loans | 75% | $6,807 |
For on-campus title-IV students, average grant aid came to $5,154.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,318 |
| $30,001 – $75,000 | $31,374 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,429 |
| Off-campus title-IV students | $30,528 |
To get a personalized net price estimate, try Miami Media School’s net price tool: beonair.com/locations/miami/net-price-calculator/.
The median student at Miami Media School graduates with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Miami Media School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Miami Media School.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Miami Media School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2551 |
| Total Stafford loan amount | $21,913,112 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $44,754 |
| Average GI Bill amount per recipient | $11,189 |
References
More about our data sources and methodologies.