by our College Data Analytics TeamA large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Institute of American Indian and Alaska Native Culture and Arts Development can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Institute of American Indian Arts deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Institute of American Indian and Alaska Native Culture and Arts Development.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to 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 Institute of American Indian and Alaska Native Culture and Arts Development, 100% of new full-time first-years were awarded at least some aid (about 46 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $9,562 |
| Institutional grants & scholarships | 93% | $3,422 |
| Federal Pell grants | 57% | $6,608 |
| State/local grants | 52% | $4,913 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Institute of American Indian Arts, approximately 36% of the undergraduate population received grant aid that averaged $13,705 (across approximately 275 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $13,705 |
| Federal Pell grants | 23% | $5,972 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,284.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,243 |
| $30,001 – $75,000 | $11,187 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $12,570 |
| Off-campus title-IV students | $12,322 |
For an estimate tailored to your family circumstances, see Institute of American Indian Arts’s net price tool: iaia.edu/netprice/.
The figure below distills the debt data into a single burden category for Institute of American Indian Arts.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Institute of American Indian Arts:
| Metric | Value |
|---|---|
| Stafford loan recipients | 140 |
| Total Stafford loan amount | $1,045,466 |
References
More about our data sources and methodologies.