The Importance of Understanding Financial Aid
Did you know financial aid and scholarship qualifications are based on distinct standards? Keep reading to learn more on how much aid , scholarships and grants to expect from Cleveland Institute of Art.
How Much Financial Aid is Offered?
Cleveland Institute of Art's normal financial aid deal for newly arriving first year students is $29,707. Around 97.0% of new students get some money for college, the majority of which is in the form of scholarships and grants.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only real college discount are scholarships & grants.
A student loan is not a legitimate college discount, but rather an outcome to consider. Discover how much student loan debt from Cleveland Institute of Art you could end up taking on.
Amount of Cleveland Institute of Art Grants & Scholarships
The numbers below refer to aid that is supplied by Cleveland Institute of Art.
97.0% of freshmen (135 total) were offered scholarships at Cleveland Institute of Art, averaging $17,218 per student. This ranks in the top 20th percentile of all schools in the nation.As well as scholarships, 47.0% of first year students (66 total) got federal grant aid, averaging $4,824 a person.
The chart below shows the average amount of grand and scholarship aid given to all freshmen.
Grants are normally based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The table below displays scholarship and grant distributed by income for first year getting any sort of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||17.3%||$19,990|
Title IV aid contains grants, loans, or work study awarded by the federal government typically determined by financial need. Learn more here.
Grants & Scholarships for All Undergrads Average $20,474
97.0% of the 552 undergraduates at Cleveland Institute of Art qualify for some kind of grant aid. This is a total of approximately 536 students obtaining about $20,474 each.
Financial Aid Links from Cleveland Institute of Art
|Financial Aid Department Website||www.cia.edu/admissions/financing-your-education|
|Net Price Calculator||www.cia.edu/admissions/tuition-fees/net-price-calculator|