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Can You Afford American Musical and Dramatic Academy?

Concerned about paying for college? Take a look at American Musical and Dramatic Academy’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $42,811 and $60,950

Feeling a little stressed about paying $60,950 to attend American Musical and Dramatic Academy each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for New York students, 100.0% of freshmen receive some form of financial aid, with the average amount totaling $11,821. Students from low-income families receive an average of $18,139 in aid during their first year.

Cost (no aid)

Tuition and fees$41,960
+ Room and board$14,290
+ Other expenses$4,700
Total cost$60,950
Affordability Score (8 out of 100)
more expensive
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Net Price (with average aid)

Total cost$60,950
- Grants and scholarships$11,821
Net price$49,129
Affordability Score (1 out of 100)
more expensive
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Average Net Price for Low Income Undergraduates

Total cost$60,950
- Grants and scholarships$18,139
Net price$42,811
Affordability Score (1 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at American Musical and Dramatic Academy.

Projected Costs Between $198,516 and $386,062 For a Four Year Degree. Between $95,101 and $185,538 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend American Musical and Dramatic Academy in 2020 - 2021 was $60,950. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.0% each year. If this trend continues, we expect the full cost for incoming freshmen to be $65,873 during their first year. By their senior year, that cost will be approximately $74,012 for a bachelor degree candidate ($68,481 for an associate degree candidate) for a total of $279,560 over the course of four years ($134,354 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at American Musical and Dramatic Academy

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.0%4.0%
Freshman year$46,554$54,123$65,873
Senior year$48,547$56,808$68,481
Total 2-year net price$95,101$110,931$134,354
10-year loan interest @ 6.8%$36,230$42,261$51,184
Total monthly payment$1,094$1,277$1,546
Total amount paid$131,330$153,192$185,538
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.0%4.0%
Freshman year$46,554$54,123$65,873
Senior year$52,791$62,583$74,012
Total 4-year net price$198,516$233,140$279,560
10-year loan interest @ 6.8%$75,627$88,818$106,502
Total monthly payment$2,285$2,683$3,217
Total amount paid$274,143$321,958$386,062

Visit net price and financial aid to learn more about the total cost of attending American Musical and Dramatic Academy.

Further Questions to Consider

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