Importance Of American Musical and Dramatic Academy's Financial Aid Information
The quantity of financial aid, grants, and scholarships varies from person to person. Use the info below to better understand how much tuition assistance you'll obtain from American Musical and Dramatic Academy based on income and worth.
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 $19,370. Around 95.0% of new students get some kind of financial aid, most of which is in the form of loans.
Financial aid helps decrease the cost, or the full retail price of the school. However, know that the only true college discount are scholarships & grants.
We feel that loan debt should be thought of as an "outcome" instead of "aid". Find more about student loan debt at American Musical and Dramatic Academy.
How Much Aid Is Offered in Scholarships & Grants?
The below numbers refer to grants and scholarships largely provided by American Musical and Dramatic Academy.
95.0% of incoming freshmen (505 total) were given scholarships at American Musical and Dramatic Academy, averaging $6,841 per student. This ranks in the middle 20th percentile of all schools in the nation.
As well as scholarships, 40.0% of first year students (212 total) got federal grant aid, averaging $4,792 a person.
How are grants and scholarships allocated to freshmen at American Musical and Dramatic Academy? See the chart below.
Scholarships are awarded based on merit, while grants are need based.
Financial Aid per Family Income
Determine how much scholarship and grant aid you may plan to get based on your income level. The table below shows freshmen getting federal assistance such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.2% | $15,208 |
| Income 30k-48k | 12.4% | $14,403 |
| Income 48k-75k | 14.7% | $9,008 |
| Income 75k-110k | 16.2% | $4,949 |
| Income 110k + | 11.7% | $6,000 |
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.
$9,063 is the Common Amount an Undergrad Receives in Grants or Scholarships
98.0% of the 1,509 undergraduates at American Musical and Dramatic Academy qualify for some type of grant aid. This is a total around 1,473 students getting about $9,063 each.
Financial Aid Links from American Musical and Dramatic Academy
| Financial Aid Department Website | www.amda.edu |
| Net Price Calculator | www.amda.edu/netpricecalculator |
