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Academy of Art University Financial Aid and Scholarship Details

74% Freshmen Get Financial Aid
$14,230 Average Grant & Scholarship
57% Undergrads Get Grant Aid

A lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Academy of Art University can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financial aid solutions can Academy of Art University deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn how much school funding will be available to you.

Why You Should Understand Academy of Art University Financial Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Academy of Art University.

Financial Aid for First-Year Students at Academy of Art University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

For freshmen starting at Academy of Art University, 74% of new full-time first-years were awarded at least some aid some 149 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$12,763
Institutional grants & scholarships44%$10,896
Federal Pell grants34%$6,038
State/local grants5%$7,012
Federal student loans49%$5,550

Free Money: Grants and Scholarships at Academy of Art University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 57% of undergraduates were awarded grant or scholarship aid averaging $14,230 (across roughly 2401 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$14,230
Federal Pell grants41%$4,588
Federal student loans49%$7,389

For students living on campus and receiving title-IV aid, grants averaged $7,423.

Income-Adjusted Net Price at Academy of Art University

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$37,781
$30,001 – $75,000$38,582
Over $75,000$42,544

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What a Degree Really Costs at Academy of Art University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$40,613
Off-campus title-IV students$39,778

To get a personalized net price estimate, try Academy of Art University’s net price calculator: npc.collegeboard.org/student/app/academyart.

Median Student Debt for Graduates of Academy of Art University

The median student at Academy of Art University graduates with $11,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$11,000
Median federal debt (graduates only)$31,000
Typical 10-year monthly payment (graduates)$328.65/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Academy of Art University.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,500
75th percentile$31,000
90th percentile (highest-debt students)$48,687

Debt Outcomes by Student Group at Academy of Art University

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$10,500
Middle income$11,000
High income$12,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$10,500
Continuing-generation students$13,490

By Dependency Status

CohortMedian federal debt
Dependent students$10,751
Independent students$11,651

At-a-Glance Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Academy of Art University.

Federal Stafford Lending at Academy of Art University

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Academy of Art University:

MetricValue
Stafford loan recipients48631
Total Stafford loan amount$1,446,811,559

Veteran and Military Aid at Academy of Art University

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients1006
Total GI Bill amount$19,449,150
Average GI Bill amount per recipient$19,333

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients83
Total DoD amount$117,451
Average DoD amount per recipient$1,415

More Financial Aid Resources from Academy of Art University

References

More about our data sources and methodologies.

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