What Percentage of Undergrads Get Financial Aid?
AI Miami International University of Art and Design's normal financial aid deal for incoming first year students is $15,426. Around 83.0% of new students obtain some money for college, most of which is in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the school. However, know that the only true college discount are scholarships & grants.
A loan is not a true college discount, but rather an outcome to consider. See how much student loan debt from International Fine Arts College you may end up taking on.
How Much Aid Is Offered in Grants & Scholarships?
These scholarships and grants are composed of mostly federally provided grants, plus some state and local grants. 59.0% of first years at AI Miami International University of Art and Design (79 total) were awarded a federal grant, averaging $5,917. In addition to grants, 61.0% of first years (82 total) received scholarships by the university, totaling $2,473 per person.
See the average quantity of grants and scholarships first years receive by looking at the chart below.
Grants are normally based on need while scholarships are based on merit or ability.
How Financial Need Affects Aid
The chart below shows scholarship and grant distributions by income for freshman students receiving any kind of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||3.7%||$2,990|
The graph above shows undergrads who are receiving Title IV aid which is federal aid from the government including loans, grants or work-study. Learn more.
The Typical Undergrad Who Gets a Grant or Scholarship Gets $6,795
1,094 International Fine Arts College undergrads get grants (this is about 82.0% of the overall student body). The average amount these students get is $6,795
Financial Aid Links from AI Miami International University of Art and Design
|Financial Aid Department Website||www.artinstitutes.edu/financial-aid|
|Net Price Calculator||https://www.artinstitutes.edu/miami/tuition-aid/net-price-calculator|
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