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American Academy of Dramatic Arts-Los Angeles Financial Aid Details

98% Freshmen Get Financial Aid
$11,548 Average Grant & Scholarship
95% Undergrads Get Grant Aid

A lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to American Academy of Dramatic Arts-Los Angeles can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financial assistance solutions will American Academy of Dramatic Arts - Los Angeles provide, and just what are you going to be eligible for? Read on for answers. Read on to discover what amount of financial assistance could be accessible to you.

Why You Should Understand American Academy of Dramatic Arts - Los Angeles Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from American Academy of Dramatic Arts-Los Angeles.

Average Freshman Financial Aid at American Academy of Dramatic Arts-Los Angeles

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at American Academy of Dramatic Arts-Los Angeles, 98% of the incoming full-time class was awarded financial aid approximately 54 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$14,330
Institutional grants & scholarships98%$11,881
Federal Pell grants31%$5,694
State/local grants7%$7,431
Federal student loans44%$5,330

Grant Aid for Undergraduates at American Academy of Dramatic Arts-Los Angeles

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At American Academy of Dramatic Arts - Los Angeles, around 95% of the undergraduate population received grant aid that averaged $11,548 (across approximately 161 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$11,548
Federal Pell grants28%$6,069
Federal student loans49%$6,666

Title-IV recipients living on campus saw average grant aid of $15,872.

Net Price by Family Income at American Academy of Dramatic Arts-Los Angeles

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$38,599
$30,001 – $75,000$43,561
Over $75,000$42,376

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at American Academy of Dramatic Arts-Los Angeles

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$39,810
Off-campus title-IV students$40,991

To get a personalized net price estimate, try American Academy of Dramatic Arts - Los Angeles’s official net price calculator: www.aada.edu/admissions/net-price-calculator/.

Typical Student Debt at American Academy of Dramatic Arts-Los Angeles

The middle student in the debt distribution at American Academy of Dramatic Arts - Los Angeles owes $12,000 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$12,000
Median federal debt (graduates only)$12,000
Typical 10-year monthly payment (graduates)$127.22/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at American Academy of Dramatic Arts - Los Angeles.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$5,500
75th percentile$12,000
90th percentile (highest-debt students)$20,000

Debt by Student Cohort at American Academy of Dramatic Arts-Los Angeles

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

Debt by Income Tier

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

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$12,000
Continuing-generation students$12,000

By Dependency Status

CohortMedian federal debt
Dependent students$12,000
Independent students$20,000

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. American Academy of Dramatic Arts - Los Angeles.

Federal Stafford Lending at American Academy of Dramatic Arts-Los Angeles

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at American Academy of Dramatic Arts - Los Angeles:

MetricValue
Stafford loan recipients2886
Total Stafford loan amount$34,661,136

Veteran and Military Aid at American Academy of Dramatic Arts-Los Angeles

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients16
Total GI Bill amount$432,306
Average GI Bill amount per recipient$27,019

External Resources for American Academy of Dramatic Arts-Los Angeles

References

More about our data sources and methodologies.

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