How Many Undergrads Receive Financial Aid?
$22,732 is the standard American Academy of Art's first year financial aid plan. Approximately 82.0% of new students get some money for college, the majority of which is in the form of scholarships and grants.
Student loans are a part of financial aid packages, however the only true college discount is a scholarship or grant that you don't have to repay.
We feel that loan debt really should be thought of as a consequence instead of true financial aid. Learn more about student loan debt at The Academy.
How Much The Academy Aid Is Available That Won't Put Me in Debt?
The numbers below refer to scholarships and grants largely supplied by American Academy of Art.
45.0% of new students (22 total) were given scholarships at American Academy of Art, averaging $16,114 per student. This ranks in the top 20th percentile of all schools nationwide.
As well as scholarships, 57.0% of freshmen (28 total) received federal grant aid, averaging $5,042 a person.
How are scholarships and grants distributed to freshmen at The Academy? View the graph listed below.
Grants are typically based on need while scholarships are merit-based.
Amount of Financial Assistance Per Family Income
The next table displays grant and scholarship allocations by income for freshman students getting any kind of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||8.2%||$0|
The table above shows undergrads who are getting Title IV aid which is federal aid from the government including grants, loans, and work-study. Learn more.
$8,621 is the Average Sum an Undergrad Gets in Grants or Scholarships
Of the 242 undergrads at American Academy of Art around 70.0% (170 in total) receive some type of grant aid. The average number granted was $8,621.
Financial Aid Links from American Academy of Art
|Financial Aid Department Website||www.aaart.edu/admissions/financial-aid/|
|Net Price Calculator||aaart.studentaidcalculator.com|
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