by our College Data Analytics TeamA lot of students will not be asked to pay 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 price tag of going to Cleveland Institute of Art can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does CIA offer, and what will you qualify for? Keep scrolling for more information. Keep going to see 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 Cleveland Institute of Art.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Cleveland Institute of Art, 100% of entering full-time freshmen got some type of financial assistance approximately 122 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $33,857 |
| Institutional grants & scholarships | 100% | $29,024 |
| Federal Pell grants | 49% | $6,224 |
| State/local grants | 32% | $4,659 |
| Federal student loans | 80% | $6,080 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 98% of undergrads got grants or scholarships worth on average $31,295 (among about 556 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $31,295 |
| Federal Pell grants | 42% | $5,920 |
| Federal student loans | 79% | $7,327 |
For on-campus title-IV students, average grant aid came to $35,379.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,198 |
| $30,001 – $75,000 | $24,425 |
| Over $75,000 | $53,426 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,208 |
| Off-campus title-IV students | $41,480 |
For an estimate tailored to your family circumstances, see CIA’s online cost calculator: www.cia.edu/admissions/tuition-fees/net-price-calculator.
Graduating students at CIA carry a median federal student debt of $26,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $26,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at CIA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,500 |
| 75th percentile | $30,250 |
| 90th percentile (highest-debt students) | $41,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $26,625 |
| Middle income | $27,000 |
| High income | $25,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,500 |
| Continuing-generation students | $26,700 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $26,500 |
| Independent students | $32,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at CIA.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at CIA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2622 |
| Total Stafford loan amount | $57,747,297 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $105,979 |
| Average GI Bill amount per recipient | $21,196 |
References
More about our data sources and methodologies.