Importance Of American Musical and Dramatic Academy's Financial Aid Information
Your financial aid, including grants and scholarships, will depend upon your financial need. The data found on this page will tell you what you will likely get at American Musical and Dramatic Academy based on income and any other factor you may need to consider.
Normal American Musical and Dramatic Academy Financial Aid Package
American Musical and Dramatic Academy's standard financial aid plan for newly arriving first year students is $19,870. Around 97.0% of new students get some kind of financial aid, most of which is in the form of loans.
Financial aid contains loans, grans, and scholarships. However, student loans have to be paid back, so they aren't a true discount.
Uneasy about the debt that may be part of your financial aid plan? Find the average amount of debt per student at American Musical and Dramatic Academy.
How Much Aid is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The below numbers apply to grants and scholarships largely provided by American Musical and Dramatic Academy.
97.0% of incoming freshmen (590 total) were given scholarships at American Musical and Dramatic Academy, averaging $7,049 per student.
259 first year students were awarded a grant. A total of 43.0% American Musical and Dramatic Academy first years received grants with an average of $4,751 a piece.View the average amount of grants and scholarships first years get by studying the graph below.
Scholarships are awarded based on merit, while grants are need based.
Financial Aid per Family Income
The next table displays grant and scholarship distributed by income for first year receiving any sort of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.6% | $16,992 |
| Income 30k-48k | 11.7% | $16,782 |
| Income 48k-75k | 15.5% | $9,369 |
| Income 75k-110k | 16.0% | $5,344 |
| Income 110k + | 14.7% | $5,235 |
The chart above shows undergrads who are getting Title IV aid which is federal aid from the government including loans, grants or work study. Learn more.
Scholarships & Grants for All Students Average $17,515
Of the 1,735 undergraduates at American Musical and Dramatic Academy around 90.0% (1,554 in total) receive some form of grant aid. The average amount granted was $17,515.
Financial Aid Links from American Musical and Dramatic Academy
| Financial Aid Department Website | www.amda.edu |
| Net Price Calculator | www.amda.edu/netpricecalculator |
