by our College Data Analytics TeamA lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Cornish College of the Arts can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Cornish College of the Arts offer you, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Cornish College of the Arts.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Cornish College of the Arts, 100% of new full-time first-years were awarded at least some aid some 163 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,515 |
| Institutional grants & scholarships | 100% | $14,092 |
| Federal Pell grants | 36% | $5,514 |
| State/local grants | 25% | $8,526 |
| Federal student loans | 67% | $5,362 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Cornish College of the Arts, approximately 94% of the undergraduate population received grant aid that averaged $17,552 (among about 473 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $17,552 |
| Federal Pell grants | 30% | $5,486 |
| Federal student loans | 59% | $6,582 |
Title-IV recipients living on campus saw average grant aid of $20,211.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,552 |
| $30,001 – $75,000 | $33,501 |
| Over $75,000 | $43,813 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $40,062 |
| Off-campus title-IV students | $39,060 |
For a personalized estimate based on your family’s financial situation, use Cornish College of the Arts’s NPC: www.cornish.edu/tuition-financial-aid/net-price-calculator.
The middle student in the debt distribution at Cornish College of the Arts owes $20,610 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,610 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Cornish College of the Arts.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $24,000 |
| Middle income | $19,500 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,438 |
| Continuing-generation students | $19,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $24,136 |
The figure below distills the debt data into a single burden category for Cornish College of the Arts.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Cornish College of the Arts:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3369 |
| Total Stafford loan amount | $66,185,232 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $369,164 |
| Average GI Bill amount per recipient | $24,611 |
References
More about our data sources and methodologies.