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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $14,330 |
| Institutional grants & scholarships | 98% | $11,881 |
| Federal Pell grants | 31% | $5,694 |
| State/local grants | 7% | $7,431 |
| Federal student loans | 44% | $5,330 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $11,548 |
| Federal Pell grants | 28% | $6,069 |
| Federal student loans | 49% | $6,666 |
Title-IV recipients living on campus saw average grant aid of $15,872.
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 | $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.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average 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/.
The middle student in the debt distribution at American Academy of Dramatic Arts - Los Angeles owes $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2886 |
| Total Stafford loan amount | $34,661,136 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $432,306 |
| Average GI Bill amount per recipient | $27,019 |
References
More about our data sources and methodologies.