College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

How Affordable Is Cleveland Institute of Music?

Here is what you can expect to pay at Cleveland Institute of Music, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$58,843.00 Cost of Attendance
$28,226.00 Avg Net Price
$18,500.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

What You Will Pay to Attend Cleveland Institute of Music?

Published attendance costs at Cleveland Institute of Music is about $58,843.00 per academic year.

The blocks below show what you would pay with no aid, with average aid, and as a low-income student.

Published Cost for Students (no aid)

Tuition and fees $52,880.00
+ Room, board & other expenses $5,963.00
Total cost $58,843.00
That is 79% above the national average net price.

Net Price for Students (with average aid)

Total cost $58,843.00
− Grants and scholarships −$32,986.00
Net price $25,857.00
That is 21% below the national average net price.

What Low-Income Students Pay — Undergraduates

Total cost $58,843.00
− Grants and scholarships −$37,430.00
Net price $21,413.00
That is 35% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees plus room and board.

The Long-Run Cost of a Degree at Cleveland Institute of Music

The reported cost series has been increasing by roughly 8.4% per year; the projections below compound that across a degree. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan figures amortise the projected total over ten years at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 8.4% 8.4% 8.4%
Freshman year $23,221.00 $28,040.00 $63,812.00
Senior year $29,615.00 $35,761.00 $81,381.00
Total 4-year net price $105,327.00 $127,186.00 $289,438.00
10-year loan interest @ 6.8% $40,126.00 $48,453.00 $110,265.00
Total monthly payment $1,212.00 $1,464.00 $3,331.00
Total amount paid $145,452.00 $175,639.00 $399,704.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 8.4% 8.4% 8.4%
Freshman year $23,221.00 $28,040.00 $63,812.00
Senior year $25,182.00 $30,408.00 $69,201.00
Total 2-year net price $48,403.00 $58,449.00 $133,013.00
10-year loan interest @ 6.8% $18,440.00 $22,267.00 $50,673.00
Total monthly payment $557.00 $673.00 $1,531.00
Total amount paid $66,843.00 $80,716.00 $183,686.00

Read more in the net-price section.

The Real Out-of-Pocket Cost at Cleveland Institute of Music

Net price strips out grant and scholarship aid to show what families really pay. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $28,226.00
Average net price (off-campus) $32,623.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. The table below shows the average net price by family-income bracket:

Family income Average net price
Under $30,000 $29,523.00
$30,000 to $48,000 $34,698.00
$48,001 to $75,000 $33,245.00
$75,001 to $110,000 $33,843.00
Over $110,000 $33,186.00

Get a tailored estimate from the Cleveland Institute of Music Net Price Calculator, or get in touch with the financial aid office.

Want to know how that aid is awarded? See the grants & scholarships detail.

Graduate Debt at Cleveland Institute of Music

Median graduate debt at Cleveland Institute of Music works out to $18,500.00, which federal data classifies as a Low ($10-20k) debt-load classification.

Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.

Pell-Eligible Debt Outcomes at Cleveland Institute of Music

Pell Grants are the largest source of federal need-based aid for undergrads. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The Pell-versus-non-Pell median debt difference at Cleveland Institute of Music is $14,000.00. Federal data flags this school for Pell-related debt inequity.

Loan Repayment and Default at Cleveland Institute of Music

The Department of Education default-rate tier for Cleveland Institute of Music is Low (<5%).

Window Cohort default rate
2-year 2.2%

To give some context for these rates, Stafford loans disbursed at Cleveland Institute of Music total $38,107,371.00 covering 1,261 student borrowers.

Veteran Education Benefits at Cleveland Institute of Music

Veteran and active-military students often access dedicated federal aid programs including the GI Bill and Tuition Assistance from the Department of Defense.

GI Bill recipients 2
Avg GI Bill amount $13,437.00

For the full rundown of veteran and military benefits, see the college veterans page.

Questions to Ask Before You Commit

Beyond the data above, it helps to ask a few questions when weighing Cleveland Institute of Music, the questions below are worth your time:

Dig Deeper for Cleveland Institute of Music

Use the pages below to go deeper on a specific part of the cost story:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options