by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Keep going to discover what amount of school funding will be accessible to you.
$31,829 is the normal Cleveland Institute of Music's first year financial aid plan. About 98.0% of incoming students get some money for college, the majority of which is in the form of scholarships and grants.
Financial aid incorporates scholarships, grants, and student loans. However, loans have to be paid off, so they are not a true discount.
A student loan isn't a true college price reduction, but rather an additional cost consideration. Learn how much student loan debt from Cleveland Institute of Music you may end up dealing with.
The stats following pertain to assistance which is provided by Cleveland Institute of Music.
98.0% of first year students (61 total) were offered scholarships at Cleveland Institute of Music, averaging $24,220 per student. This puts it in the top 20th percentile of all colleges in the country.
10 first years were awarded a grant. About 16.0% of Cleveland Institute of Music freshmen obtained grants with an average of $7,074 a piece.
The graph directly below reveals the average volume of grant and scholarship aid given to all first year students.
Grants are usually need-based while scholarships are merit-based.
Determine what amount of grant and scholarship assistance you can plan to get according to your earnings. The table below displays freshman students receiving federal aid such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 11.3% | $41,339 |
| Income 30k-48k | 3.2% | $32,622 |
| Income 48k-75k | 8.1% | $32,165 |
| Income 75k-110k | 12.9% | $30,813 |
| Income 110k + | 30.6% | $22,279 |
Education funding from the federal government through grants, loans, or work-study is referred to as Title IV aid. Get more info on Title IV here..
100.0% of the 232 undergrads at Cleveland Institute of Music obtain some form of grant aid. This is a total around 231 students obtaining about $28,117 each.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for more info.
| Financial Aid Department Website | www.cim.edu/admissions/financialaid |
| Net Price Calculator | www.cim.edu/net-price-calculator |
